Cerity Partners LLC Grows Position in AT&T Inc. $T

Cerity Partners LLC increased its holdings in AT&T Inc. (NYSE:T) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,668,862 shares of the technology company’s stock after acquiring an additional 59,279 shares during the quarter. Cerity Partners LLC’s holdings in AT&T were worth $41,449,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in T. Brighton Jones LLC lifted its stake in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares during the period. Osterweis Capital Management Inc. lifted its stake in AT&T by 4,352.9% in the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after acquiring an additional 6,094 shares during the period. Main Street Financial Solutions LLC lifted its stake in AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after acquiring an additional 1,022 shares during the period. HUB Investment Partners LLC lifted its stake in AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its stake in AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Performance

T opened at $23.19 on Thursday. AT&T Inc. has a 52-week low of $22.32 and a 52-week 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 has a market cap of $161.13 billion, a P/E ratio of 7.78, a price-to-earnings-growth ratio of 0.95 and a beta of 0.21. The firm’s 50-day moving average price is $25.53 and its 200-day moving average price is $25.90.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $31.29 billion. During the same quarter in the prior year, the company posted $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. As a group, equities analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. AT&T’s dividend payout ratio is 37.25%.

Analyst Ratings Changes

A number of research firms recently weighed in on T. Weiss Ratings lowered shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. KeyCorp increased their price target on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. Finally, Morgan Stanley started coverage on shares of AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 price target for the company. One investment 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.55.

AT&T News Roundup

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

• Positive Sentiment: AT&T launched Unlimited Day Pass, a new on-demand iPad connectivity offer that lets eligible U.S. users on any carrier get unlimited data for $3 a day. This expands AT&T’s wireless monetization opportunities and could attract incremental usage and revenue. Article Title
• Positive Sentiment: AT&T is continuing to push fiber expansion and bundled offerings, including simplified home internet tiers, wireless savings, and added features such as Internet Backup and All-Fi Pro. Investors may see this as a sign of improving revenue mix and stronger cross-selling potential. Article Title
• Positive Sentiment: AT&T’s partnership activity in connected cars, in-vehicle entertainment, and AI-powered transportation infrastructure points to additional growth avenues beyond traditional wireless service. These collaborations may support a longer-term bull case for revenue diversification. Article Title
• Neutral Sentiment: Several recent items, including AT&T’s presentation at the Mizuho Technology Conference and broader telecom-sector watchlist coverage, are mainly informational and did not introduce a major new catalyst. Article Title
• Negative Sentiment: Oppenheimer downgraded AT&T to Perform from Outperform, citing caution around long-term broadband growth and fiber expansion risks. That analyst shift may be weighing on sentiment despite the company’s cheaper valuation. Article Title
• Negative Sentiment: Coverage highlighting a major customer data setback for Verizon and AT&T could raise investor concerns about privacy, regulatory risk, or carrier-level data practices, even if the direct financial impact is unclear. Article Title

AT&T 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.