Advisortrust Partners LLC Takes Position in AT&T Inc. $T

Advisortrust Partners LLC bought a new stake in AT&T Inc. (NYSE:T) during the fourth quarter, HoldingsChannel.com reports. The fund bought 26,798 shares of the technology company’s stock, valued at approximately $666,000.

Other hedge funds have also recently added to or reduced their stakes in the company. PeakShares LLC bought a new stake in AT&T during the 4th quarter worth about $270,000. Corient Private Wealth LLC increased its holdings in shares of AT&T by 1.5% in the fourth quarter. Corient Private Wealth LLC now owns 2,410,532 shares of the technology company’s stock valued at $59,875,000 after purchasing an additional 34,758 shares during the last quarter. Auto Owners Insurance Co increased its position in AT&T by 2,384.0% during the fourth quarter. Auto Owners Insurance Co now owns 547,797 shares of the technology company’s stock worth $1,361,000 after acquiring an additional 525,744 shares during the period. Union Savings Bank acquired a new position in shares of AT&T in the 4th quarter valued at approximately $361,000. Finally, Hsbc Holdings PLC lifted its holdings in shares of AT&T by 3.6% in the fourth quarter. Hsbc Holdings PLC now owns 19,091,945 shares of the technology company’s stock worth $474,467,000 after acquiring an additional 667,373 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on T. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Tuesday, March 10th. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup lifted their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Stock Performance

NYSE:T opened at $22.02 on Friday. The business has a 50 day moving average of $24.77 and a 200 day moving average of $25.75. AT&T Inc. has a 1-year low of $21.99 and a 1-year high of $29.79. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The company has a market capitalization of $152.97 billion, a price-to-earnings ratio of 7.39, a PEG ratio of 0.92 and a beta of 0.21.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts predict that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio is currently 37.25%.

AT&T News Summary

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

• Positive Sentiment: AT&T Fiber received strong validation in a new Opensignal report, earning 107 wins across speed, reliability, video, and consistency categories and outperforming competitors in many metro markets. This supports the company’s broadband growth story and may help sentiment around the fiber business. Article
• Neutral Sentiment: AT&T is getting increased investor attention, according to Zacks, but the note does not point to a specific new catalyst; it mainly reflects elevated interest in the name. Article
• Negative Sentiment: California asked a court and the FCC to block AT&T’s request to stop offering traditional copper-wire phone service to new customers, highlighting regulatory resistance to AT&T’s network transition plans. That could delay the company’s cost-cutting and modernization efforts. Article
• Negative Sentiment: Related reports say AT&T wants to cancel wireline phone service for about 199,000 people, but California’s pushback suggests this plan could face hurdles, adding uncertainty around the copper-network exit. Article

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.