AT&T Inc. $T Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas grew its holdings in AT&T Inc. (NYSE:T) by 17.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,533,174 shares of the technology company’s stock after buying an additional 371,275 shares during the quarter. Teacher Retirement System of Texas’ holdings in AT&T were worth $62,924,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Csenge Advisory Group increased its stake in AT&T by 20.3% in the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after purchasing an additional 31,935 shares in the last quarter. Rhumbline Advisers increased its stake in AT&T by 0.4% in the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after purchasing an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC increased its stake in AT&T by 4.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after purchasing an additional 66,448 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in AT&T by 1.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock valued at $512,077,000 after purchasing an additional 248,567 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its stake in AT&T by 140.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after purchasing an additional 1,689,073 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

T has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. Barclays dropped their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. KeyCorp raised their price objective on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Finally, Oppenheimer raised their price target on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $30.74.

AT&T Stock Performance

AT&T stock opened at $25.96 on Thursday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The stock has a fifty day moving average of $27.81 and a two-hundred day moving average of $26.04. The company has a market capitalization of $181.31 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 0.95 and a beta of 0.34. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.

AT&T (NYSE:T) last released its quarterly earnings results 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. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts anticipate that AT&T Inc. will post 2.29 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a $0.2775 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.3%. AT&T’s payout ratio is currently 36.39%.

AT&T News Roundup

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

• Positive Sentiment: Q1 beat on the headlines — AT&T delivered $0.57 adj. EPS and $31.51B revenue, topping estimates and showing year-over-year revenue growth, which supports valuation and income-focused investor interest. Read More.
• Positive Sentiment: Subscriber and fiber strength — Postpaid phone adds and 584K new consumer & business internet subscribers (strong bundling: ~45% of advanced home internet subscribers also take AT&T wireless) indicate improving unit economics and cross-sell traction. Read More.
• Positive Sentiment: Dividend reliability — Analysts and outlets highlight AT&T’s ~4.2% yield as a steady, income-oriented sector play, which can attract yield-seeking investors amid volatility. Read More.
• Neutral Sentiment: Guidance reiterated — Management reiterated FY 2026 adjusted EPS guidance of $2.25–$2.35 and free-cash-flow target (18B+), which is supportive but not an upgrade—keeps expectations stable rather than accelerating the rally. Read More.
• Neutral Sentiment: Earnings call tone upbeat on fiber push — Management emphasized fiber-driven growth and bundling strategy; this supports medium-term growth trajectory but requires continued execution. Read More.
• Negative Sentiment: Free cash flow and higher capex pressure — FCF fell (~$2.5B vs. ~$3.1B prior year) as fiber rollout increases capital spending; investors penalized the stock for near-term cash-flow drag despite revenue beat. Read More.
• Negative Sentiment: Legacy-revenue decline and wireless metric scrutiny — Legacy business continues to fall sharply and some wireless metrics (postpaid ARPU/mix) drew investor scrutiny, leaving uncertainty on how quickly growth will offset legacy erosion. Read More.

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.