Vise Technologies Inc. lifted its stake in AT&T Inc. (NYSE:T – Free Report) by 14.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 217,005 shares of the technology company’s stock after buying an additional 27,576 shares during the quarter. Vise Technologies Inc.’s holdings in AT&T were worth $5,390,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of T. Vanguard Group Inc. boosted its position in AT&T by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after purchasing an additional 3,585,661 shares in the last quarter. State Street Corp boosted its position in AT&T by 0.8% during the third quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after purchasing an additional 2,704,536 shares in the last quarter. Norges Bank purchased a new position in AT&T during the fourth quarter worth approximately $2,181,977,000. Capital Research Global Investors boosted its position in AT&T by 0.6% during the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares in the last quarter. Finally, Invesco Ltd. boosted its position in AT&T by 8.6% during the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after purchasing an additional 4,584,316 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.
AT&T Stock Performance
NYSE T opened at $22.79 on Friday. The company has a market cap of $158.32 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.95 and a beta of 0.21. The stock’s 50 day simple moving average is $25.90 and its 200-day simple moving average is $25.95. AT&T Inc. has a 1-year low of $22.33 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.
AT&T Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on T shares. KeyCorp increased their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Weiss Ratings downgraded AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Scotiabank lowered their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 23rd. Citigroup increased their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price target 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 issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $30.55.
Check Out Our Latest Research Report on T
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
- Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
- Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
- Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
- Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
- Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title
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.
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