SG Trading Solutions LLC acquired a new position in shares of AT&T Inc. (NYSE:T – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 34,997 shares of the technology company’s stock, valued at approximately $869,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of AT&T by 13.3% during the 4th quarter. Pacer Advisors Inc. now owns 16,993,793 shares of the technology company’s stock worth $422,126,000 after purchasing an additional 1,990,323 shares during the period. Monetary Solutions Ltd acquired a new stake in AT&T in the 4th quarter valued at approximately $79,000. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in AT&T in the fourth quarter valued at approximately $284,000. Virtu Financial LLC lifted its stake in AT&T by 120.5% during the fourth quarter. Virtu Financial LLC now owns 253,763 shares of the technology company’s stock worth $6,303,000 after purchasing an additional 138,656 shares in the last quarter. Finally, Blue Capital Inc. boosted its position in shares of AT&T by 5.9% during the fourth quarter. Blue Capital Inc. now owns 10,849 shares of the technology company’s stock worth $269,000 after buying an additional 603 shares during the period. 57.10% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T Fiber received strong validation from Opensignal, earning 107 wins in home internet performance categories and beating the nearest competitor by nearly 2-to-1. That supports the company’s broadband strategy and may help reinforce the growth case for fiber expansion. Article Title
- Positive Sentiment: AT&T also received a favorable broker sentiment update, with an average “Moderate Buy” recommendation from analysts, which can help support valuation. Article Title
- Neutral Sentiment: The company announced a planned CFO transition, with Pascal Desroches set to retire and Jennifer Biry named as his successor. Investors are likely viewing this as orderly succession, but it still adds a layer of uncertainty while AT&T works through an important finance leadership change. Article Title
- Neutral Sentiment: Some coverage framed AT&T as a stock under review following the CFO news and broader telecom weakness, but the reporting did not point to a new fundamental deterioration in operations. Article Title
- Negative Sentiment: California regulators asked a court and the FCC to reject AT&T’s request to stop offering traditional copper-wire phone service to new customers. That regulatory pushback could slow AT&T’s network modernization plans and adds policy risk. Article Title
- Negative Sentiment: Broader market commentary also points to AT&T being weighed down by rate sensitivity, leverage concerns, and competitive risks in telecom, which can pressure the stock even when company-specific results are solid. Article Title
AT&T Stock Performance
AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the firm earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.
AT&T Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 5.0%. AT&T’s dividend payout ratio is 37.25%.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Morgan Stanley began coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective on the stock. Weiss Ratings cut AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Wall Street Zen lowered shares of AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, AT&T presently has an average rating of “Moderate Buy” and a consensus target price of $30.55.
Check Out Our Latest Stock Report on T
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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