Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 16.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,162,322 shares of the technology company’s stock after purchasing an additional 160,976 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in AT&T were worth $28,872,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of the stock. Mountain Hill Investment Partners Corp. lifted its stake in AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after buying an additional 702 shares in the last quarter. GGM Financials LLC purchased a new stake in AT&T during the 3rd quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new stake in AT&T during the 3rd quarter worth approximately $31,000. Eagle Bay Advisors LLC acquired a new position in shares of AT&T during the fourth quarter valued at approximately $29,000. Finally, Clayton Financial Group LLC raised its holdings in shares of AT&T by 205.2% during the fourth quarter. Clayton Financial Group LLC now owns 1,517 shares of the technology company’s stock valued at $38,000 after acquiring an additional 1,020 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Morgan Stanley started coverage at Overweight and set a $30 price target, giving institutional credibility to upside expectations. Read More.
- Positive Sentiment: Technical analysts note AT&T bounced off a price that has acted as both resistance and support, suggesting a potential continuation of an upside move if momentum holds. Read More.
- Positive Sentiment: Market-note coverage points to recent strength in Communication Services, where AT&T shares led sector gains during a notable intraday rally. Read More.
- Neutral Sentiment: Zacks and Seeking Alpha previews outline what to watch in Q1 (subscriber trends, segment results, churn, free cash flow) — useful guideposts but not new company disclosures. Read More.
- Neutral Sentiment: AT&T confirmed a higher-tier “Elite” wireless plan (~$110/mo) with modest upgrades — product lift and ARPU potential, but adoption and margin impact are uncertain. Read More.
- Neutral Sentiment: Lobbying disclosures show $70,000 in Q1 activity on spectrum, auction authority and privacy — routine government affairs work that bears watching given ongoing spectrum and policy debates. Read More.
- Negative Sentiment: Analysis warns the April results — first with the new segment structure after the Lumen and EchoStar deals — will test whether acquisitions and Advanced Connectivity can offset legacy declines and support the dividend. Disappointing FCF/churn detail could pressure the stock. Read More.
- Negative Sentiment: Regulatory scrutiny: reporting on failures in the nation’s emergency cell backup network has prompted lawmakers to seek changes, which could bring oversight or costs for AT&T. Read More.
- Negative Sentiment: Institutional flows are mixed and include very large Q4 reductions from major managers (e.g., UBS AM), while analyst price targets range widely (median ~$29 but several low targets near $19–$21), reflecting divergent views that could add volatility. Read More.
AT&T Price Performance
AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the previous year, the firm earned $0.43 EPS. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.
AT&T Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a dividend of $0.2775 per share. The ex-dividend date is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.2%. AT&T’s dividend payout ratio (DPR) is currently 36.39%.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on T shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. KeyCorp increased their price objective on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Oppenheimer raised their price objective on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Scotiabank lifted their target price on shares of AT&T from $31.00 to $31.50 and gave the stock a “sector perform” rating in a research note on Wednesday, April 1st. Finally, The Goldman Sachs Group dropped their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.74.
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.
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