Patton Fund Management Inc. Has $215,000 Position in AT&T Inc. $T

Patton Fund Management Inc. lowered its stake in AT&T Inc. (NYSE:T) by 94.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,675 shares of the technology company’s stock after selling 162,598 shares during the quarter. Patton Fund Management Inc.’s holdings in AT&T were worth $215,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of T. Brighton Jones LLC increased its holdings in shares of 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 in the last quarter. Osterweis Capital Management Inc. boosted its stake in 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 acquiring an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in 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 acquiring an additional 1,022 shares during the last quarter. HUB Investment Partners LLC boosted its stake in 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 acquiring an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its stake in 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 acquiring an additional 3,677 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Trending Headlines about AT&T

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

• Positive Sentiment: Morgan Stanley initiated coverage with an “Overweight” rating and $30 price target, signaling institutional confidence and providing upside vs. the current price. Tickerreport: Morgan Stanley Overweight
• Positive Sentiment: Market commentary points to Communication Services leading gains today and describes AT&T’s move as either an oversold bounce or start of a new trend, which can attract momentum traders. What’s Going On With AT&T Stock Thursday?
• Positive Sentiment: Analyst and screener coverage highlights AT&T as a value/contrarian pick (RSI noted below 30 and Zacks favorable style scores), which can support demand from income and value-focused investors. Top 3 Tech And Telecom Stocks That Could Blast Off
• Neutral Sentiment: Investors are awaiting Q1 results (April 22) that will reflect the new segment reporting after the Lumen and EchoStar deals — the print and management commentary on free cash flow, churn and legacy revenue trends will likely drive the next significant move. Can AT&T’s New Segment Reporting Clarify…
• Neutral Sentiment: Pre-earnings valuation previews argue AT&T may offer long-term value but short-term performance depends on how Advanced Connectivity revenue offsets legacy declines. Valuation Ahead Of First 2026 Earnings Under New Segment Structure
• Neutral Sentiment: Analyst pieces comparing AT&T to peers (e.g., Lumen) highlight different strategic bets — AT&T’s steady subscriber growth & fiber build vs. peers’ AI pivots — which informs relative allocation decisions. Lumen vs. AT&T: Which Telecom Stock…
• Negative Sentiment: AT&T faces two lawsuits alleging discriminatory relocation practices targeting older workers, which pose legal, reputational and potential settlement/expense risks. Lawsuits Claim AT&T’s Relocation Mandate…
• Negative Sentiment: Federal scrutiny is increasing after reports the nation’s emergency cell backup network (operated by AT&T) failed in emergencies; lawmakers are seeking oversight changes that could lead to regulatory headwinds. The Nation’s Emergency Cell Network Failed…
• Negative Sentiment: Consumer reaction risk from product/plan moves: coverage of a rumored high-priced “Elite” plan raises questions about customer pushback and ARPU trade-offs. Does AT&T really think customers will pay…

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on T. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research note on Tuesday, March 10th. KeyCorp raised their price objective on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Finally, Oppenheimer raised their price objective on shares of AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.74.

AT&T Trading Up 3.6%

Shares of NYSE T opened at $26.39 on Friday. The company’s fifty day moving average is $27.92 and its 200-day moving average is $26.09. The stock has a market cap of $184.28 billion, a price-to-earnings ratio of 8.65, a P/E/G ratio of 0.93 and a beta of 0.34. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The company 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 quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given 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 of this dividend is Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 36.39%.

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.