AT&T Inc. $T Position Increased by Victory Financial Group LLC

Posted by Brian Himes on Oct 29th, 2026

AT&T logo Victory Financial Group LLC boosted its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 175.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,996 shares of the technology company’s stock after purchasing an additional 25,459 shares during the period. Victory Financial Group LLC’s holdings in AT&T were worth $976,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Orion Capital Management LLC purchased a new position in shares of AT&T during the 2nd quarter valued at $26,000. Addison Advisors LLC acquired a new position in shares of AT&T in the second quarter worth $27,000. Robinswood Financial LLC acquired a new position in shares of AT&T in the first quarter worth $29,000. Matrix Trust Co increased its stake in shares of AT&T by 331.8% in the second quarter. Matrix Trust Co now owns 1,494 shares of the technology company’s stock worth $31,000 after acquiring an additional 1,148 shares during the last quarter. Finally, North Point Portfolio Managers Corp OH purchased a new stake in shares of AT&T during the third quarter worth $34,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

Positive Sentiment: Several analysts and financial commentators view AT&T as inexpensive relative to its earnings outlook. Supportive factors include continued customer additions, network investment, portfolio reshaping, buybacks and an approximately 5% dividend yield. One bullish analysis argues that Starlink Mobile is primarily a longer-term threat and maintains a $24 price target. AT&T Stock Looks Cheap Relative To Its Earnings Outlook AT&T: The SpaceX Panic Is A Gift
Positive Sentiment: AT&T’s dividend remains a key attraction compared with the broader market, although investors are comparing its yield and sustainability with Verizon’s. The company’s prior quarterly results also showed earnings and revenue above consensus, with revenue up year over year. AT&T vs. Verizon: Which Telecom Stock Offers a Better Dividend?
Neutral Sentiment: AT&T executives discussed dual listings and the development of Texas capital markets. The discussion could improve investor visibility over time but does not represent a material change to earnings or guidance. NYSE Texas President and AT&T on Dual Listings
Negative Sentiment: Reports that eligible customers may receive as much as $5,000 to $7,500 in settlements tied to AT&T’s 2024 data breaches keep litigation and potential financial liabilities in focus. The reports primarily concern claim eligibility and payment timing, but the continuing publicity adds reputational and legal overhang. AT&T Customers Could Receive Up to $5,000 in Data Breach Settlement Case
Negative Sentiment: Investor commentary continues to question whether SpaceX’s Starlink Mobile could intensify wireless competition and pressure pricing, customer retention and long-term dividend coverage. Other bearish commentary also highlights broader operational risks, contributing to caution around the stock. Is AT&T Stock a Great Dividend Investment or a Value Trap?

AT&T Price Performance

NYSE T opened at $20.70 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $139.41 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 1.04 and a beta of 0.25. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.43. The company has a 50 day moving average price of $24.52 and a two-hundred day moving average price of $24.99.

AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. AT&T had a net margin of 10.19% and a return on equity of 13.41%. The company had revenue of $32.32 billion for the quarter, compared to analyst estimates of $31.69 billion. During the same quarter in the prior year, the business posted $0.54 EPS. AT&T’s quarterly revenue was up 5.2% on a year-over-year basis. As a group, equities analysts predict that AT&T Inc. will post 2.39 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be issued a $0.2775 dividend. The ex-dividend date is Friday, October 9th. This represents a $1.11 dividend on an annualized basis and a yield of 5.4%. AT&T’s dividend payout ratio is currently 60.00%.

Analysts Set New Price Targets

A number of analysts recently issued reports on T shares. TD Cowen reissued a “hold” rating and set a $33.00 price objective on shares of AT&T in a research report on Thursday, October 22nd. Royal Bank Of Canada lowered their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research report on Thursday, July 23rd. Wells Fargo & Company upped their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Finally, BNP Paribas Exane raised AT&T from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $26.00 to $30.00 in a research note on Monday, September 21st. Twelve investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $28.55.

Read Our Latest Stock Report on AT&T

AT&T Profile

(Free Report)

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.