Letko Brosseau & Associates Inc. Grows Stock Holdings in AT&T Inc. $T

Letko Brosseau & Associates Inc. grew its holdings in shares of AT&T Inc. (NYSE:T) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,130,100 shares of the technology company’s stock after buying an additional 26,625 shares during the quarter. AT&T accounts for 1.7% of Letko Brosseau & Associates Inc.’s portfolio, making the stock its 18th largest position. Letko Brosseau & Associates Inc.’s holdings in AT&T were worth $102,592,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of T. GGM Financials LLC purchased a new stake in AT&T during the third quarter worth approximately $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T during the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. purchased a new stake in AT&T during the fourth quarter worth approximately $26,000. Blueline Advisors LLC purchased a new stake in AT&T during the fourth quarter worth approximately $26,000. Finally, Winnow Wealth LLC grew its stake in AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares during the period. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

T has been the subject of several research reports. BNP Paribas Exane decreased their price objective on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. KeyCorp boosted their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Morgan Stanley started coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target for the company. Scotiabank lowered their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. Finally, Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.55.

AT&T Price Performance

Shares of T stock opened at $22.70 on Wednesday. The firm has a market cap of $157.69 billion, a P/E ratio of 7.62, a P/E/G ratio of 0.94 and a beta of 0.21. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a 1-year low of $22.32 and a 1-year high of $29.79. The firm has a fifty day moving average of $25.64 and a two-hundred day moving average of $25.91.

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. The company had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) 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 commercial collaboration with Derq to advance AI-powered transportation infrastructure, expanding a prior investment relationship into a revenue-oriented partnership that could support future network and connected mobility growth. Derq and AT&T Collaborate to Advance AI-Powered Transportation Infrastructure
• Positive Sentiment: AT&T’s CFO is set to update shareholders at the Mizuho Technology Conference, and the company reiterated its 2026 and multi-year guidance and capital return plans, which may reassure investors about execution and cash flow. Pascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
• Positive Sentiment: Technical commentary suggested AT&T may be oversold and sitting near support, implying the stock could be due for a rebound if sentiment improves. Stock Of The Day: Is AT&T About To Rally?
• Neutral Sentiment: AT&T was highlighted in trading and “most searched” stock roundups, reflecting elevated investor interest rather than a direct change in fundamentals. AT&T Inc. (T) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Oppenheimer turned cautious on AT&T, downgrading the stock to Perform from Outperform on concerns about long-term broadband growth and fiber expansion risks. Oppenheimer Turns Cautious on AT&T (T), Citing Fiber Expansion Risks
• Negative Sentiment: Articles flagged a customer data setback for Verizon and AT&T, which could add to regulatory or privacy concerns even if details remain limited. Verizon, AT&T suffer major customer data setback

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.