Focus Partners Wealth Purchases 553,757 Shares of AT&T Inc. $T

Focus Partners Wealth boosted its position in AT&T Inc. (NYSE:T) by 35.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,117,913 shares of the technology company’s stock after buying an additional 553,757 shares during the period. Focus Partners Wealth’s holdings in AT&T were worth $52,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Glen Eagle Advisors LLC boosted its stake in AT&T by 1.3% in the 4th quarter. Glen Eagle Advisors LLC now owns 44,835 shares of the technology company’s stock valued at $1,114,000 after purchasing an additional 581 shares during the period. Huber Capital Management LLC boosted its stake in AT&T by 34.3% in the 4th quarter. Huber Capital Management LLC now owns 919,525 shares of the technology company’s stock valued at $22,841,000 after purchasing an additional 235,000 shares during the period. Intrepid Capital Management Inc. boosted its stake in AT&T by 8.3% in the 4th quarter. Intrepid Capital Management Inc. now owns 30,311 shares of the technology company’s stock valued at $753,000 after purchasing an additional 2,317 shares during the period. Entropy Technologies LP boosted its stake in AT&T by 203.7% in the 4th quarter. Entropy Technologies LP now owns 314,773 shares of the technology company’s stock valued at $7,819,000 after purchasing an additional 211,135 shares during the period. Finally, Epoch Investment Partners Inc. boosted its stake in AT&T by 11.1% in the 4th quarter. Epoch Investment Partners Inc. now owns 3,886,376 shares of the technology company’s stock valued at $96,538,000 after purchasing an additional 389,464 shares during the period. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Performance

T opened at $23.25 on Tuesday. The firm has a market cap of $161.57 billion, a P/E ratio of 7.80, a price-to-earnings-growth ratio of 0.98 and a beta of 0.21. AT&T Inc. has a 52-week low of $22.32 and a 52-week high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The business’s fifty day moving average is $25.22 and its 200-day moving average is $25.84.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the prior year, the company earned $0.51 EPS. AT&T’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. Sell-side analysts expect that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Scotiabank reduced their target price on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a report on Thursday, April 23rd. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. KeyCorp increased their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Wall Street Zen lowered AT&T from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Finally, Citigroup increased their target price on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. 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’s stock. According to data from MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T is getting some support from upbeat analyst commentary, including recent buy ratings and price targets as high as $31, suggesting Wall Street still sees upside from current levels.
• Positive Sentiment: Investor discussion highlighted AT&T’s 5G and fiber strategy, including its expanded partnership with Rivian for built-in 5G connectivity and continued network/buildout momentum, which could support longer-term revenue growth.
• Positive Sentiment: Some commentary also pointed to AT&T Stadium’s World Cup exposure as a brand-visibility boost that could improve consumer awareness of the company.
• Neutral Sentiment: Recent posts and market chatter continue to frame AT&T as a defensive telecom holding, with investors rotating within the sector rather than making a strong directional bet on the company itself.
• Negative Sentiment: Competitive pressure remains a concern, especially with broadband and 5G rivals intensifying efforts while AT&T simplifies its fiber plans to improve customer uptake and reduce complexity.
• Negative Sentiment: Some investors remain focused on AT&T’s debt load and the possibility that satellite broadband competition could pressure parts of the business, even though one recent analysis argued the SpaceX/Starlink threat is overstated.
• Negative Sentiment: The stock has also been weighed by broader technical weakness, with shares trading closer to their 52-week low than their high, which may be reinforcing cautious sentiment.

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.