Aviva PLC Purchases 309,075 Shares of AT&T Inc. $T

Aviva PLC increased its position in shares of AT&T Inc. (NYSE:T) by 5.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,015,907 shares of the technology company’s stock after buying an additional 309,075 shares during the quarter. Aviva PLC’s holdings in AT&T were worth $149,435,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares during the period. Osterweis Capital Management Inc. boosted its holdings in AT&T by 4,352.9% in the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after purchasing an additional 6,094 shares during the period. Main Street Financial Solutions LLC boosted its holdings in AT&T by 4.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after purchasing an additional 1,022 shares during the period. HUB Investment Partners LLC boosted its holdings in AT&T by 19.6% in the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after purchasing an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in AT&T by 1.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after purchasing an additional 3,677 shares during the period. 57.10% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on T. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. BNP Paribas Exane reduced their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Wall Street Zen downgraded shares of AT&T from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a report on Tuesday, March 10th. Finally, Citigroup increased their price target on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, AT&T presently has an average rating of “Moderate Buy” and an average price target of $30.55.

AT&T Trading Down 0.7%

Shares of T stock opened at $23.04 on Friday. AT&T Inc. has a 52-week low of $22.32 and a 52-week high of $29.79. The stock has a market cap of $160.10 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 0.97 and a beta of 0.21. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a fifty day moving average of $25.42 and a 200-day moving average of $25.88.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the company posted $0.51 EPS. The business’s revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors 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 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio (DPR) is 37.25%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T launched a new $3 Unlimited Day Pass for iPad cellular users, including customers on Verizon and T-Mobile, creating a low-friction way to monetize temporary data demand and potentially attract new wireless revenue. AT&T Launches Unlimited Day Pass, Bringing Connectivity to iPad Users Regardless of Carrier
• Positive Sentiment: The company is expanding AI-related partnerships with Wiliot, Adaptive ML, and Derq, suggesting AT&T is trying to grow beyond core telecom by monetizing its connectivity network in enterprise AI, fraud detection, and transportation applications. AT&T AI Partnerships Target New Growth Beyond Core Telecom Business
• Positive Sentiment: AT&T is also being viewed favorably by some analysts, with commentary pointing to fiber expansion, an improving 2026 outlook, and a relatively cheap valuation versus peers, which supports the bullish case for the stock. AT&T vs. T-Mobile: Which Communications Stock is the Smarter Buy?
• Neutral Sentiment: Industry roundup pieces highlighted AT&T as one of several telecom names to watch, but these were largely sector-screening articles and did not include a major new company-specific catalyst. Top Telecom Stocks To Research – June 8th
• Neutral Sentiment: Other commentary emphasized AT&T’s position as a connectivity enabler for AI and connected-car use cases, which is supportive long term but not an immediate earnings driver. AT&T exec boasts ‘AI doesn’t exist without our connectivity … plain and simple’
• Neutral Sentiment: Analysts and commentary also noted AT&T’s connected-car and fiber-bundle initiatives, reinforcing the company’s efforts to diversify revenue, though the market impact may depend on execution over time. Is AT&T (T) Quietly Rewiring Its Revenue Mix With Connected Car And Fiber Bundles?
• Negative Sentiment: Despite the upbeat headlines, one article argued AT&T’s recent run is partly a deep-value setup rather than a fresh fundamental breakout, implying the stock may still be reacting to valuation appeal more than accelerating business momentum. AT&T (T) Taps Connected Car Opportunity Amid Deep Value Case

AT&T 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.