SageGuard Financial Group LLC Purchases New Shares in AT&T Inc. $T

SageGuard Financial Group LLC purchased a new stake in AT&T Inc. (NYSE:T) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 186,800 shares of the technology company’s stock, valued at approximately $4,640,000.

Several other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its stake in AT&T by 0.8% in the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock valued at $9,143,407,000 after purchasing an additional 2,704,536 shares during the period. Capital Research Global Investors raised its stake in AT&T by 0.6% in the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares in the last quarter. Invesco Ltd. raised its stake in AT&T by 8.6% in the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after purchasing an additional 4,584,316 shares in the last quarter. Legal & General Group Plc raised its stake in AT&T by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock worth $1,371,322,000 after purchasing an additional 691,221 shares in the last quarter. Finally, Amundi raised its stake in AT&T by 67.5% in the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after purchasing an additional 17,040,328 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

Key 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 refocus on core connectivity support upside — this provides a near-term catalyst for investor demand. Read More.
• Positive Sentiment: Independent coverage and model-driven outlets (24/7 Wall St., InsiderMonkey) are publishing bullish price targets (~$30+), and AT&T continues to appear on lists of affordable dividend/blue-chip stocks — these narratives support dividend-income and value-oriented buyer interest. Read More.
• Positive Sentiment: AT&T and Citi refreshed the AT&T Points Plus card to add bill discounts, higher rewards and no foreign-transaction fees — a direct customer benefit that can aid retention and ancillary revenue. Read More.
• Neutral Sentiment: Coverage on AT&T’s automotive connectivity efforts highlights potential long-term growth from in-vehicle 4G/5G services (navigation, diagnostics, V2X, EV support) — strategic, but not an immediate earnings driver. Read More.
• Neutral Sentiment: Pre-earnings write-ups note rising estimates, fiber expansion and AI initiatives ahead of Q1 results — positive fundamentals but offset by competition and legacy debt considerations; watch upcoming quarterly details for execution signals. Read More.
• Neutral Sentiment: AST SpaceMobile’s recent launch setback pressured that supplier/partner’s stock; AT&T is named as a partner with satellite connectivity ambitions — a setback for a partner’s launch schedule is only a secondary, longer-term consideration for AT&T. Read More.
• Negative Sentiment: The Supreme Court is reviewing the FCC’s ability to levy fines against communications firms (AT&T and Verizon were fined millions over consumer-data protections), and the carriers argue loss of a jury-trial right — this raises regulatory/legal uncertainty and potential settlement/fine risk. Read More.
• Negative Sentiment: Lobbying disclosures and QuiverQuant data show AT&T spent on regulatory issues while institutional activity remains mixed and includes very large position reductions by major asset managers in recent quarters — meaningful selling by big holders can pressure the stock despite buy-side interest. Read More.

AT&T Trading Down 1.2%

Shares of AT&T stock opened at $26.19 on Tuesday. The company has a market capitalization of $182.89 billion, a price-to-earnings ratio of 8.59, a PEG ratio of 0.97 and a beta of 0.34. 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 Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The firm’s 50-day moving average price is $27.89 and its two-hundred day moving average price is $26.05.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $33.47 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts forecast that AT&T Inc. will post 2.29 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a dividend of $0.2775 per share. The ex-dividend date is Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.2%. AT&T’s dividend payout ratio is presently 36.39%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Sanford C. Bernstein dropped their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Scotiabank lifted their price objective on shares of AT&T from $31.00 to $31.50 and gave the stock a “sector perform” rating in a research note on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Finally, UBS Group restated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. One equities 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. According to data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and an average price target of $30.74.

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.