Todd Asset Management LLC Has $47.77 Million Position in AT&T Inc. $T

Todd Asset Management LLC increased its holdings in shares of AT&T Inc. (NYSE:T) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,923,211 shares of the technology company’s stock after acquiring an additional 50,900 shares during the period. Todd Asset Management LLC’s holdings in AT&T were worth $47,773,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of AT&T by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock valued at $16,495,144,000 after acquiring an additional 3,585,661 shares in the last quarter. State Street Corp boosted its position in shares of AT&T by 0.8% during 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 acquiring an additional 2,704,536 shares in the last quarter. Capital Research Global Investors boosted its position in shares of AT&T by 0.6% during the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock valued at $1,852,765,000 after acquiring an additional 370,455 shares in the last quarter. Invesco Ltd. boosted its position in shares of AT&T by 8.6% during the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after acquiring an additional 4,584,316 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in shares of AT&T by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock valued at $1,371,322,000 after acquiring an additional 691,221 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

T has been the topic of a number of recent analyst reports. Scotiabank reduced their price target on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 23rd. BNP Paribas Exane reduced their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. TD Cowen restated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research report on Tuesday, March 10th. Finally, Citigroup boosted their price target on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Price Performance

NYSE:T opened at $25.29 on Monday. The firm has a market cap of $175.74 billion, a PE ratio of 8.49, a price-to-earnings-growth ratio of 0.92 and a beta of 0.23. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The company’s 50-day moving average price is $26.65 and its two-hundred day moving average price is $26.01.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS 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 firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the previous year, the business earned $0.51 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s payout ratio is currently 37.25%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T announced a new partnership with Lexus to bring its 5G connectivity into upcoming vehicles, a win that highlights demand for its wireless network and creates another potential growth avenue. AT&T Partners With Lexus, Here’s What You Should Know
• Positive Sentiment: The company also unveiled “Build-A-Plan,” a lower-priced, customizable wireless offering that could help AT&T attract budget-conscious customers and improve retention in a competitive market. AT&T Launches Build-A-Plan
• Positive Sentiment: AT&T is also being praised by some investors for its steady execution and value profile, with commentary pointing to solid operational discipline and compelling valuation. AT&T Gains From Steady Stagey Execution
• Positive Sentiment: Longer-term, AT&T outlined a $19 billion California fiber and wireless investment plan through 2030, reinforcing its infrastructure spending and modernization strategy. AT&T Makes $19 Billion Commitment to Bring High-Speed Connectivity to California
• Neutral Sentiment: AT&T, Verizon, and T-Mobile reportedly agreed in principle to form a joint venture to reduce mobile dead zones, which could support industry infrastructure investment but does not yet have a clear financial impact. Verizon, AT&T, and T-Mobile Form a Joint Venture to End Mobile Dead Zones Across the US
• Negative Sentiment: AT&T sued California to block requirements tied to its old copper-phone network, highlighting ongoing regulatory friction and the challenge of retiring legacy services. AT&T sues California in bid to stop offering traditional phone service
• Negative Sentiment: AT&T also faced criticism over a new prepaid admin fee and other pricing-related moves, which could weigh on sentiment if customers react negatively. AT&T is the first carrier to charge an admin fee for its prepaid plans
• Negative Sentiment: Analyst coverage after earnings notes AT&T is still down from its last report, suggesting investors remain cautious despite a recent beat on EPS and revenue. AT&T Down 4.8% Since Last Earnings Report: Can It Rebound?

AT&T Company 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.