AT&T Inc. $T Stock Acquired by Vest Financial LLC

Vest Financial LLC lifted its position in shares of AT&T Inc. (NYSE:T) by 8.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 621,511 shares of the technology company’s stock after purchasing an additional 48,606 shares during the period. Vest Financial LLC’s holdings in AT&T were worth $15,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of T. Fairway Wealth LLC purchased a new position in AT&T in the first quarter valued at $29,000. Robinswood Financial LLC acquired a new stake in AT&T in the first quarter valued at $29,000. Orion Capital Management LLC purchased a new stake in AT&T during the 2nd quarter worth about $26,000. Addison Advisors LLC purchased a new stake in AT&T during the 2nd quarter worth about $27,000. Finally, North Point Portfolio Managers Corp OH purchased a new stake in AT&T during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

More AT&T News

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

• Positive Sentiment: AT&T reported third-quarter adjusted EPS of $0.65 and revenue of $32.32 billion, exceeding analyst estimates. Revenue increased roughly 5.2% year over year, supported by fiber and wireless growth. AT&T quarterly earnings results
• Positive Sentiment: Record Advanced Connectivity additions included 769,000 internet customers, 442,000 fiber additions and 379,000 postpaid phone additions. Management raised its 2026 adjusted EPS outlook to approximately $2.40 and plans roughly $10 billion in share repurchases. AT&T third-quarter results
• Positive Sentiment: Argus reaffirmed its buy rating with a $30 price target, while JPMorgan and KeyCorp maintained positive ratings despite reducing their targets to $31 and $33, respectively. Analyst ratings
• Neutral Sentiment: AT&T plans to reduce annual capital spending by about $1 billion in 2027–2028 while retaining its goal of reaching more than 60 million fiber locations by 2030. The lower spending supports cash flow but could raise questions about growth investment and fiber execution. AT&T fiber spending strategy
• Negative Sentiment: Investors are concerned that debt reduction is taking longer than expected. Net debt rose following the EchoStar spectrum transaction, and management now expects to return to its targeted net-debt-to-EBITDA range in 2029. A $2.6 billion noncash impairment tied to the Mexico wireless business also weighed on sentiment. AT&T debt and impairment analysis
• Negative Sentiment: Potential competition from SpaceX’s Starlink Mobile service is amplifying concerns about wireless subscriber growth, pricing and the need for additional customer incentives. Fiber introductory promotions are also pressuring pricing. Telecom stocks and Starlink concerns

AT&T Trading Up 3.7%

NYSE T opened at $22.73 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.87 and a quick ratio of 0.93. The firm’s fifty day moving average price is $24.86 and its 200 day moving average price is $24.25. The company has a market capitalization of $155.72 billion, a price-to-earnings ratio of 7.52, a price-to-earnings-growth ratio of 1.04 and a beta of 0.25. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.43.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. AT&T had a net margin of 10.19% and a return on equity of 13.41%. The firm had revenue of $32.32 billion for the quarter, compared to analyst estimates of $31.69 billion. During the same period last year, the business earned $0.54 EPS. AT&T’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, sell-side analysts expect that AT&T Inc. will post 2.39 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be issued a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 4.9%. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on T. Morgan Stanley lowered their price objective on AT&T from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday. The Goldman Sachs Group set a $27.00 target price on AT&T in a research report on Wednesday. BNP Paribas Exane upgraded AT&T from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $26.00 to $30.00 in a research note on Monday, September 21st. Wells Fargo & Company upped their price target on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. Finally, KeyCorp lowered their price target on AT&T from $36.00 to $33.00 and set an “overweight” rating for the company in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AT&T currently has an average rating of “Moderate Buy” and an average price target of $28.55.

AT&T Company Profile

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.