AT&T Inc. $T Position Lifted by Tobam

Posted by Brenda Bartman on Jun 20th, 2026

AT&T logo Tobam boosted its position in shares of AT&T Inc. (NYSE:T – Free Report) by 20.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 316,628 shares of the technology company’s stock after buying an additional 54,306 shares during the period. AT&T comprises 1.9% of Tobam’s portfolio, making the stock its 8th biggest holding. Tobam’s holdings in AT&T were worth $7,865,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL lifted its holdings in AT&T by 14.4% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 8,914 shares of the technology company’s stock valued at $221,000 after purchasing an additional 1,119 shares in the last quarter. Anchor Investment Management LLC grew its holdings in shares of AT&T by 5.6% during the fourth quarter. Anchor Investment Management LLC now owns 57,964 shares of the technology company’s stock worth $1,440,000 after buying an additional 3,049 shares in the last quarter. Thryve Wealth Management LLC purchased a new stake in shares of AT&T during the fourth quarter worth $477,000. MidFirst Bank acquired a new stake in shares of AT&T in the fourth quarter valued at about $140,000. Finally, Barnes Wealth Management Group Inc raised its position in shares of AT&T by 3.5% in the fourth quarter. Barnes Wealth Management Group Inc now owns 14,798 shares of the technology company’s stock valued at $368,000 after buying an additional 502 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T News Roundup

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

Positive Sentiment: AT&T Fiber received strong validation in a new Opensignal report, earning 107 wins across speed, reliability, video, and consistency categories and outperforming competitors in many metro markets. This supports the company’s broadband growth story and may help sentiment around the fiber business. Article
Neutral Sentiment: AT&T is getting increased investor attention, according to Zacks, but the note does not point to a specific new catalyst; it mainly reflects elevated interest in the name. Article
Negative Sentiment: California asked a court and the FCC to block AT&T’s request to stop offering traditional copper-wire phone service to new customers, highlighting regulatory resistance to AT&T’s network transition plans. That could delay the company’s cost-cutting and modernization efforts. Article
Negative Sentiment: Related reports say AT&T wants to cancel wireline phone service for about 199,000 people, but California’s pushback suggests this plan could face hurdles, adding uncertainty around the copper-network exit. Article

AT&T Stock Up 0.0%

T stock opened at $22.02 on Friday. AT&T Inc. has a one year low of $21.99 and a one year high of $29.79. The firm has a market cap of $152.97 billion, a PE ratio of 7.39, a PEG ratio of 0.92 and a beta of 0.21. The firm’s 50 day moving average price is $24.77 and its 200-day moving average price is $25.75. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. During the same period last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. KeyCorp boosted their price target on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. BNP Paribas Exane decreased their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Wednesday, May 20th. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Finally, Weiss Ratings downgraded AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

Read Our Latest Stock Report on T

About AT&T

(Free Report)

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.