iA Global Asset Management Inc. Trims Stake in AT&T Inc. $T

iA Global Asset Management Inc. lowered its holdings in AT&T Inc. (NYSE:T) by 98.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,400 shares of the technology company’s stock after selling 557,261 shares during the period. iA Global Asset Management Inc.’s holdings in AT&T were worth $258,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in T. Brighton Jones LLC raised 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 purchasing an additional 10,188 shares during the period. Osterweis Capital Management Inc. grew its stake in shares of AT&T by 4,352.9% in the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after buying an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC grew its stake in shares of AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after buying an additional 1,022 shares in the last quarter. HUB Investment Partners LLC grew its stake in shares of AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after buying an additional 9,115 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its stake in shares of AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after buying an additional 3,677 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on T. Citigroup lifted their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Morgan Stanley began coverage on AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective for the company. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Finally, Wells Fargo & Company dropped their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $30.55.

AT&T Trading Up 2.1%

T opened at $24.93 on Wednesday. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The stock has a market capitalization of $173.23 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 0.90 and a beta of 0.23. 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 business has a fifty day moving average price of $26.79 and a 200 day moving average price of $26.00.

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

AT&T Announces Dividend

The business 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 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s payout ratio is presently 37.25%.

AT&T News Roundup

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

• Positive Sentiment: AT&T reiterated its 2026 and multi-year financial, operational, and capital return guidance, which should reassure investors that management is staying on plan. John Stankey to Update Shareholders at J.P. Morgan Global Technology, Media and Communications Conference on May 19
• Positive Sentiment: AT&T Fiber was ranked #1 in customer satisfaction for the fourth year in a row by the American Customer Satisfaction Index, reinforcing the competitiveness of its broadband offering. Four Years at #1: AT&T Fiber Customers Are the Happiest
• Positive Sentiment: Management commentary at the J.P. Morgan conference emphasized fiber and 5G investments, which supports AT&T’s long-term growth and convergence strategy. AT&T Inc. (T) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Media coverage framed AT&T as a value stock and compared it with Verizon, but this appears more like investor commentary than a direct catalyst. Why AT&T (T) is a Top Value Stock for the Long-Term
• Neutral Sentiment: AT&T’s CEO said the company is seeking skilled trade workers, reflecting hiring priorities tied to network buildout rather than a material near-term earnings driver. The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
• Negative Sentiment: New travel eSIM plans were described as more expensive, which could be a small headwind for consumer sentiment, though the impact looks limited. AT&T just answered T-Mobile with more expensive travel eSIM plans

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.