AT&T Inc. $T Position Trimmed by Wilmington Savings Fund Society FSB

Key Points

• Wilmington Savings Fund Society FSB trimmed its AT&T stake by 19% in Q3, selling 48,369 shares and ending the quarter with 205,549 shares worth about $5.81 million.
• Large institutional moves included Norges Bank opening a new ~ $2.23 billion stake, Amundi increasing its holding 67.5% to 42.3 million shares (~$1.09 billion), and Woodline Partners boosting its position 931% to 8.03 million shares; institutions now own roughly 57.1% of the stock.
• Analysts have a consensus rating of “Moderate Buy” with an average price target of $30.35, and AT&T recently beat quarterly EPS estimates ($0.52 vs. $0.46) while setting FY2026 guidance of $2.25–$2.35 per share.

Wilmington Savings Fund Society FSB trimmed its position in shares of AT&T Inc. (NYSE:T - Free Report) by 19.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 205,549 shares of the technology company's stock after selling 48,369 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in AT&T were worth $5,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of AT&T in the second quarter worth about $2,228,655,000. Amundi lifted its stake in shares of AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company's stock worth $1,094,184,000 after buying an additional 17,040,328 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of AT&T during the 2nd quarter worth $235,422,000. State Street Corp raised its holdings in AT&T by 2.4% in the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company's stock worth $9,291,781,000 after acquiring an additional 7,404,376 shares during the period. Finally, Woodline Partners LP lifted its position in AT&T by 931.4% during the 3rd quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company's stock worth $226,702,000 after acquiring an additional 7,249,373 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of AT&T in a research report on Monday, December 29th. Arete Research upgraded AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price target for the company in a report on Tuesday, March 10th. UBS Group reissued a "buy" rating on shares of AT&T in a research report on Thursday, January 29th. TD Cowen reaffirmed a "hold" rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Oppenheimer raised their price target on shares of AT&T from $29.00 to $32.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $30.35.

More AT&T News

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

• Positive Sentiment: AT&T rolled out a new AI‑powered consumer app to let wireless and home internet customers manage services and get AI support in one place — a product that could boost retention, simplify upsells and improve customer experience if adoption scales toward the company’s 100M-family target. Read More.
• Positive Sentiment: AT&T expanded a small‑business service assurance guarantee (faster support, bill credits for downtime), which targets SMB churn and could help stabilize business revenue and ARPU in a competitive market. Read More.
• Positive Sentiment: New national marketing tied to NCAA March Madness aims to reinforce AT&T’s brand and connectivity story — a visibility play that can help customer engagement and long‑term retention. Read More.
• Neutral Sentiment: AT&T committed to a large $250 billion spending plan to advance U.S. connectivity — a long‑term growth and market‑share signal but one that increases capital intensity and invites scrutiny on timing, returns and near‑term cash/ leverage. Read More.
• Neutral Sentiment: Analyst/media attention has spiked (Zacks/other outlets flagging T as a watched stock), which can increase trading volume and volatility but does not guarantee direction. Read More.
• Neutral Sentiment: Broader sector/infrastructure coverage (MarketBeat piece on “boring” infrastructure stocks) may shift some investor flows toward other yield/utility‑like names; limited direct impact on AT&T but relevant for relative allocation decisions.
• Negative Sentiment: Market headlines noted that AT&T suffered a larger-than-market intraday decline, reflecting near‑term selling pressure; that technical weakness can amplify downside as momentum traders react. Read More.

AT&T Stock Performance

Shares of NYSE T opened at $27.40 on Thursday. The firm has a market capitalization of $191.35 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 1.04 and a beta of 0.39. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The business has a fifty day simple moving average of $26.51 and a 200 day simple moving average of $26.27. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.06. The firm had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business's revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

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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