AT&T Inc. $T Shares Sold by Strs Ohio

Strs Ohio lowered its stake in AT&T Inc. (NYSE:T) by 6.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,945,175 shares of the technology company’s stock after selling 134,470 shares during the quarter. Strs Ohio’s holdings in AT&T were worth $48,318,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of T. Brighton Jones LLC lifted its position in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. increased its stake in AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after purchasing an additional 6,094 shares during the period. Main Street Financial Solutions LLC increased its stake in AT&T by 4.0% during the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after purchasing an additional 1,022 shares during the period. HUB Investment Partners LLC increased its stake in AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after purchasing an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp increased its stake in AT&T by 1.8% during the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after purchasing an additional 3,677 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: Erste Group raised its FY2027 EPS estimate modestly (to $2.56), suggesting improving analyst models for AT&T’s profitability and helping the valuation story and dividend coverage. (Research note reported April 27)
• Positive Sentiment: Broker consensus target remains above the stock: a $30.70 consensus target was reported, which supports upside vs. the current trading range and may anchor buy-side interest. Article Title
• Positive Sentiment: AT&T launched new cybersecurity (Dynamic Defense for SMBs on AT&T Business Fiber) and public-safety offerings (RapidSOS HARMONY AI on AT&T ESInet), expanding higher-margin services beyond wireless/fiber and reinforcing enterprise revenue diversification. That strategic push can support revenue mix improvements over time. Article Title
• Positive Sentiment: Zacks argues AT&T is a strong value stock based on style scores and earnings yield — a narrative that can attract value-oriented investors given AT&T’s dividend yield and low PE. Article Title
• Neutral Sentiment: Yield comparison pieces highlight income appeal (AT&T ~4.3% vs. Verizon ~6%) — useful for income investors but not a catalyst by itself; emphasis is on relative income vs. longer-term total return. Article Title
• Neutral Sentiment: Several market/sector pieces (SpaceX/chip supplier roundup, and an unrelated Lumen preview) mention broader thematic moves that don’t directly affect AT&T’s fundamentals today but shape investor risk appetite across telecom and tech. Article Title Article Title
• Negative Sentiment: Jim Cramer publicly characterized AT&T as offering income but lacking growth, a high-profile critique that can reinforce sell-side skepticism among retail investors and pressure the stock multiple. Article Title
• Negative Sentiment: Analytical pieces flag structural threats AT&T may have missed, raising concerns about competitive pressures and long-term growth headwinds — these narratives can weigh on investor confidence and valuation if they gain traction. Article Title

AT&T Stock Up 0.1%

T stock opened at $26.15 on Friday. The company’s 50 day moving average price is $27.52 and its 200 day moving average price is $26.05. 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 fifty-two week low of $22.95 and a fifty-two week high of $29.79. The firm has a market capitalization of $181.70 billion, a price-to-earnings ratio of 8.78, a PEG ratio of 0.96 and a beta of 0.23.

AT&T (NYSE:T) last released its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping 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 firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is presently 37.25%.

Analysts Set New Price Targets

A number of brokerages have issued reports on T. Williams Trading set a $32.00 price target on shares of AT&T in a research note on Thursday, January 29th. Scotiabank cut their price target on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 23rd. KeyCorp boosted their price target on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Barclays cut their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Finally, Morgan Stanley began coverage on shares of AT&T in a research note on Thursday, April 16th. They set an “overweight” rating and a $30.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average 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.