AT&T Inc. $T Shares Bought by Capital Research Global Investors

Key Points

• Capital Research Global Investors increased its AT&T stake by 0.6% in Q3, buying 370,455 shares to hold 65,607,835 shares worth about $1.85 billion.
• AT&T reported a quarterly earnings beat, set FY2026 EPS guidance of $2.25–$2.35, and is expanding AI-focused partnerships—most notably with AWS—to bolster last‑mile AI services for enterprises.
• The company announced a plan to invest more than $250 billion over five years in U.S. network infrastructure, a sizable capex commitment that could pressure near‑term free cash flow and leverage and has weighed on the stock.

Capital Research Global Investors grew its holdings in AT&T Inc. (NYSE:T - Free Report) by 0.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,607,835 shares of the technology company's stock after buying an additional 370,455 shares during the period. Capital Research Global Investors owned 0.93% of AT&T worth $1,852,765,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of T. Front Row Advisors LLC purchased a new stake in shares of AT&T in the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. grew its stake in shares of 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 during the period. GGM Financials LLC acquired a new stake in shares of AT&T during the 3rd quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new stake in shares of AT&T during the 3rd quarter valued at approximately $31,000. Finally, Kilter Group LLC purchased a new position in AT&T in the second quarter worth approximately $32,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T reported a recent quarterly earnings beat and raised FY2026 EPS guidance framework, showing operating momentum and profit resilience. (Q4 results and FY26 guidance.)
• Positive Sentiment: Strategic partnerships aimed at AI use cases — notably a tie-up with AWS to support last‑mile AI workloads — strengthen AT&T’s positioning as a carrier for AI-era enterprise services. AT&T pairs with AWS
• Positive Sentiment: Some brokerviews are constructive: Scotiabank raised its price target to $31 (sector perform) and consensus brokerage ratings remain broadly favorable, which supports upside if execution is strong. Benzinga note
• Neutral Sentiment: Management is rolling out new segment reporting starting with Q1 2026 to improve transparency on returns from 5G and fiber investments — helpful for investors evaluating capital allocation over time. Deutsche Bank presentation
• Neutral Sentiment: Company publicity around its 150th anniversary underscores brand legacy but has limited direct market impact. 150th anniversary release
• Negative Sentiment: AT&T announced plans to invest more than $250 billion over five years to expand U.S. network infrastructure — a huge capex commitment that raises near-term free cash flow and financing concerns, and likely explains downward pressure on the stock today. Investors are weighing execution risk, timing of returns, and potential impacts on leverage (debt-to-equity ~1.0). Reuters: $250B plan Business Insider: $250B analysis PR Newswire: corporate release

AT&T Stock Performance

Shares of AT&T stock opened at $27.54 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm has a market capitalization of $192.77 billion, a P/E ratio of 9.03, a P/E/G ratio of 1.07 and a beta of 0.39. The firm's 50 day moving average is $26.10 and its two-hundred day moving average is $26.32.

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

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were given a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.0%. AT&T's dividend payout ratio is currently 36.39%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on T. Arete Research set a $20.00 price target on shares of AT&T in a research note on Tuesday, January 6th. Wolfe Research downgraded AT&T from an "outperform" rating to a "peer perform" rating in a report on Monday, December 15th. Loop Capital set a $29.00 target price on AT&T in a research report on Friday, December 19th. The Goldman Sachs Group lowered their price objective on shares of AT&T from $33.00 to $29.00 and set a "buy" rating for the company in a research note on Friday, December 19th. Finally, UBS Group restated a "buy" rating on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, AT&T presently has an average rating of "Moderate Buy" and a consensus price target of $30.00.

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.

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