Meritage Portfolio Management Has $494,000 Stock Position in AT&T Inc. $T

Meritage Portfolio Management decreased its stake in shares of AT&T Inc. (NYSE:T) by 91.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,891 shares of the technology company’s stock after selling 201,443 shares during the period. Meritage Portfolio Management’s holdings in AT&T were worth $494,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in AT&T by 26.5% during the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. raised its holdings in AT&T by 4,352.9% during the 2nd 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 last quarter. Main Street Financial Solutions LLC raised its holdings in AT&T by 4.0% during the 2nd 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 last quarter. HUB Investment Partners LLC raised its holdings in AT&T by 19.6% during the 2nd 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 last quarter. Finally, Peapack Gladstone Financial Corp raised its holdings in AT&T by 1.8% during the 2nd 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 last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

More AT&T News

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

• Positive Sentiment: Morgan Stanley initiated coverage with an Overweight rating and a $30 price target, arguing AT&T’s turnaround and focus on core connectivity justify upside — this provides institutional validation that can support the stock. Morgan Stanley Assumes Coverage of AT&T Inc. (T)
• Positive Sentiment: AT&T and Citi refreshed the AT&T Points Plus Card to add bill discounts, 2x points on AT&T services and other perks — a product that could help retention and ARPU among wireless and broadband customers. AT&T and Citi Enhance the AT&T Points Plus Card
• Positive Sentiment: Dividend and “affordable blue chip” write-ups highlight AT&T’s 4%+ yield and steady cash generation, keeping income-oriented investors interested even amid near-term volatility. How To Earn $500 A Month From AT&T Stock Ahead Of Q1 Earnings
• Neutral Sentiment: Q1 earnings are due tomorrow; headlines will center on subscriber adds/retention, churn, and free cash flow — these metrics will be the immediate drivers of intraday moves and near-term guidance changes. AT&T, Verizon Q1 earnings on deck: Focus on subscribers, FCF numbers
• Neutral Sentiment: AT&T kicks off telecom earnings season amid changes to how the sector reports results; investors should expect possible one-time classification changes and increased focus on cash metrics. AT&T Kicks Off Earnings Reports For Telecom Stocks. Why It’s Not Business As Usual.
• Negative Sentiment: Barron’s notes shares slipped as investors rotate out of safe-haven trades after a U.S.–Iran truce; that macro flow shift is reducing demand for defensive names like AT&T. AT&T Stock Is Struggling. How Earnings Can Ease Investors’ Price War Worries.
• Negative Sentiment: Technicals: some outlets flag an “alarming pattern” and recent price pressure, suggesting sellers could push shares lower if earnings disappoint. Traders may be primed for a larger move on any soft metrics. AT&T stock price flashes an alarming pattern ahead of earnings
• Negative Sentiment: Regulatory risk: the Supreme Court is reviewing FCC enforcement authority stemming from past penalties for data-protection failures — an adverse outcome could increase compliance costs or fines. Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies

AT&T Stock Performance

Shares of T stock opened at $25.94 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The stock has a market cap of $181.13 billion, a PE ratio of 8.50, a price-to-earnings-growth ratio of 0.96 and a beta of 0.34. The stock has a 50-day moving average of $27.86 and a 200-day moving average of $26.04. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts expect that AT&T Inc. will post 2.29 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s dividend payout ratio is presently 36.39%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on T. TD Cowen reissued a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 price objective on shares of AT&T in a report on Thursday, January 29th. Scotiabank boosted their price objective on AT&T from $31.00 to $31.50 and gave the stock a “sector perform” rating in a report on Wednesday, April 1st. Oppenheimer boosted their price objective on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, Barclays lowered their price target on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.74.

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.