First Financial Bankshares Inc Has $1.08 Million Holdings in AT&T Inc. $T

First Financial Bankshares Inc decreased its stake in AT&T Inc. (NYSE:T) by 63.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,107 shares of the technology company’s stock after selling 65,180 shares during the quarter. First Financial Bankshares Inc’s holdings in AT&T were worth $1,076,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted 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 valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. AlphaQuest LLC grew its stake in AT&T by 962.3% during the second quarter. AlphaQuest LLC now owns 3,665 shares of the technology company’s stock worth $106,000 after buying an additional 3,320 shares during the last quarter. Interchange Capital Partners LLC increased its holdings in shares of AT&T by 13.8% during the second quarter. Interchange Capital Partners LLC now owns 8,073 shares of the technology company’s stock worth $234,000 after buying an additional 976 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of AT&T by 19.4% during the second quarter. Envestnet Asset Management Inc. now owns 15,523,889 shares of the technology company’s stock worth $449,197,000 after buying an additional 2,525,372 shares in the last quarter. Finally, Solstein Capital LLC raised its stake in shares of AT&T by 217.3% in the second quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after acquiring an additional 652 shares during 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: RBC Capital raised its 12-month price target on AT&T to $31 (from $29) and kept an Outperform rating, citing fiber expansion as a clear long-term growth driver — a direct vote of confidence that supports higher valuation expectations. RBC Target Raise
• Positive Sentiment: Ookla / AT&T press releases report AT&T Fiber won Ookla’s first-ever “Best Home Internet” in the U.S. and again posted the fastest speeds — a marketing and operational win likely to help broadband net adds, ARPU and long-term fiber economics. Ookla Award
• Positive Sentiment: Erste Group Bank expressed an optimistic outlook for AT&T’s FY2027 earnings, reinforcing positive analyst sentiment around future profit improvement tied to broadband growth and cost discipline. Erste Group View
• Neutral Sentiment: AT&T scheduled its Q1 2026 earnings release and conference call for April 22 — a near-term catalyst that could drive volatility depending on subscriber trends, service revenue and any guidance updates. Q1 Earnings Date
• Negative Sentiment: Coverage noting that dividend stocks, including AT&T, pulled back last week highlights rotation risk and short-term profit-taking among income investors — a factor that can pressure the stock despite positive fundamental updates. Dividend Stock Rotation

Analysts Set New Price Targets

A number of research firms recently commented on T. Wall Street Zen lowered AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Wells Fargo & Company decreased their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Sanford C. Bernstein lowered their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. UBS Group reiterated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group decreased their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.93.

AT&T Stock Performance

Shares of AT&T stock opened at $28.51 on Tuesday. The firm has a fifty day moving average of $25.33 and a two-hundred day moving average of $26.35. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The stock has a market capitalization of $199.57 billion, a price-to-earnings ratio of 9.35, a PEG ratio of 1.04 and a beta of 0.39. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the company earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. AT&T’s dividend payout ratio is 36.39%.

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.