AT&T (NYSE:T) Shares Down 1.2% – Time to Sell?

AT&T Inc. (NYSE:T)’s share price dropped 1.2% during trading on Tuesday . The stock traded as low as $27.92 and last traded at $27.9730. Approximately 26,867,007 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 45,085,434 shares. The stock had previously closed at $28.32.

More AT&T News

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

• Positive Sentiment: AT&T struck a new five‑year partnership with Fanatics to embed exclusive perks for AT&T customers in Fanatics’ loyalty program — a move that could improve customer engagement and make wireless/broadband bundles stickier. AT&T Fanatics Alliance Targets Sports Fans To Support Stickier Bundles
• Positive Sentiment: Unusually large call‑option activity — traders bought ~96,530 calls (about 54% above typical call volume) — signals some investors are betting on near‑term upside or anticipating a positive catalyst. (No article link available)
• Neutral Sentiment: Analyst views are mixed: Scotiabank recently raised its price target to $31.50 while BNP Paribas downgraded T to Neutral with a $28 target — leaving consensus guidance ambiguous and giving the stock both upside and downside analyst-led drivers. BNP Paribas Downgrades AT&T (T) to Neutral as Scotiabank Raises Price Target Ahead of Q1
• Negative Sentiment: Sector rotation: investors have been exiting defensive telecom names like AT&T in favor of higher‑beta stocks after macro/commodity moves, which has pressured the share price in the short term. Why AT&T Shares Are Falling Wednesday
• Negative Sentiment: Competition/cloud threats: commentary on SpaceX/Starlink highlights potential competitive pressure or partnership uncertainty for carriers, a longer‑term risk that could weigh on sentiment. SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors
• Negative Sentiment: Dividend narrative: comparisons with Verizon and commentary that re‑examine telecom dividend safety may create investor hesitation despite AT&T’s improving balance sheet — a headwind for yield‑sensitive holders. Verizon vs. AT&T: One Telecom Dividend Is on Shaky Ground

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on T shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Barclays reduced their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. Finally, Oppenheimer raised their price target on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.74.

AT&T Stock Down 1.9%

The firm has a market cap of $187.35 billion, a price-to-earnings ratio of 8.80, a PEG ratio of 1.06 and a beta of 0.34. The business’s 50 day moving average price is $27.97 and its 200 day moving average price is $26.18. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business’s revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a dividend of $0.2775 per share. 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 4.1%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Institutional Investors Weigh In On AT&T

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Csenge Advisory Group boosted its position in shares of AT&T by 20.3% during the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after acquiring an additional 31,935 shares during the last quarter. Rhumbline Advisers boosted its position in shares of AT&T by 0.4% during the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after acquiring an additional 49,727 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of AT&T by 4.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after acquiring an additional 66,448 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of AT&T by 1.4% during 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 acquiring an additional 248,567 shares during the last quarter. Finally, Public Sector Pension Investment Board boosted its position in shares of AT&T by 140.8% during 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 acquiring an additional 1,689,073 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

About AT&T

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.