BI Asset Management Fondsmaeglerselskab A S Has $16.40 Million Holdings in AT&T Inc. $T

BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of AT&T Inc. (NYSE:T) by 18.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 660,341 shares of the technology company’s stock after buying an additional 102,762 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in AT&T were worth $16,403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Rhumbline Advisers raised its stake in AT&T by 0.4% during the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock worth $361,779,000 after acquiring an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC raised its stake in AT&T by 4.9% during the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after acquiring an additional 66,448 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in shares of AT&T by 140.8% during the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock worth $81,575,000 after purchasing an additional 1,689,073 shares during the last quarter. Annex Advisory Services LLC increased its stake in shares of AT&T by 749.1% in the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after buying an additional 140,802 shares in the last quarter. Finally, World Investment Advisors increased its stake in shares of AT&T by 85.0% in the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after buying an additional 155,728 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting AT&T

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
• Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
• Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
• Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
• Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
• Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title

AT&T Price Performance

Shares of T stock opened at $22.79 on Friday. The stock has a 50-day moving average price of $25.90 and a 200 day moving average price of $25.95. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a market cap of $158.32 billion, a price-to-earnings ratio of 7.65, a PEG ratio of 0.95 and a beta of 0.21. AT&T Inc. has a 12 month low of $22.33 and a 12 month high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The firm had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts expect that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on T shares. Wall Street Zen lowered AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Morgan Stanley started coverage on AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price for the company. BNP Paribas Exane lowered their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. KeyCorp raised their target price on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $30.55.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.