71 West Capital Partners Makes New Investment in AT&T Inc. $T

71 West Capital Partners acquired a new position in AT&T Inc. (NYSE:T) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 444,049 shares of the technology company’s stock, valued at approximately $11,030,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in T. GGM Financials LLC acquired a new position in shares of AT&T in the 3rd quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of AT&T in the 4th quarter valued at approximately $25,000. Cresta Advisors Ltd. acquired a new position in shares of AT&T in the 4th quarter valued at approximately $26,000. Blueline Advisors LLC acquired a new position in shares of AT&T in the 4th quarter valued at approximately $26,000. Finally, Winnow Wealth LLC raised its position in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Trading Down 1.4%

Shares of NYSE T opened at $23.25 on Tuesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. AT&T Inc. has a 52-week low of $22.32 and a 52-week high of $29.79. The firm has a 50 day moving average price of $25.22 and a two-hundred day moving average price of $25.84. The stock has a market cap of $161.57 billion, a P/E ratio of 7.80, a price-to-earnings-growth ratio of 0.98 and a beta of 0.21.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. During the same period in the prior year, the company posted $0.51 earnings per share. AT&T’s revenue for the quarter was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts forecast 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. Stockholders of record on Friday, April 10th were given a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. AT&T’s dividend payout ratio is 37.25%.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T is getting some support from upbeat analyst commentary, including recent buy ratings and price targets as high as $31, suggesting Wall Street still sees upside from current levels.
• Positive Sentiment: Investor discussion highlighted AT&T’s 5G and fiber strategy, including its expanded partnership with Rivian for built-in 5G connectivity and continued network/buildout momentum, which could support longer-term revenue growth.
• Positive Sentiment: Some commentary also pointed to AT&T Stadium’s World Cup exposure as a brand-visibility boost that could improve consumer awareness of the company.
• Neutral Sentiment: Recent posts and market chatter continue to frame AT&T as a defensive telecom holding, with investors rotating within the sector rather than making a strong directional bet on the company itself.
• Negative Sentiment: Competitive pressure remains a concern, especially with broadband and 5G rivals intensifying efforts while AT&T simplifies its fiber plans to improve customer uptake and reduce complexity.
• Negative Sentiment: Some investors remain focused on AT&T’s debt load and the possibility that satellite broadband competition could pressure parts of the business, even though one recent analysis argued the SpaceX/Starlink threat is overstated.
• Negative Sentiment: The stock has also been weighed by broader technical weakness, with shares trading closer to their 52-week low than their high, which may be reinforcing cautious sentiment.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on T shares. Wall Street Zen cut shares of AT&T from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. KeyCorp boosted their target price on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. Morgan Stanley started coverage on shares of AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price for the company. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research report on Wednesday, May 20th. Finally, Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

AT&T Company Profile

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.