AT&T Inc. $T Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC lessened its position in AT&T Inc. (NYSE:T - Free Report) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,724,569 shares of the technology company's stock after selling 406,177 shares during the period. Calamos Advisors LLC's holdings in AT&T were worth $42,838,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of T. Csenge Advisory Group grew its position in AT&T by 20.3% in the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company's stock valued at $5,346,000 after buying an additional 31,935 shares in the last quarter. Rhumbline Advisers grew its position in AT&T by 0.4% in the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company's stock valued at $361,779,000 after buying an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC grew its position in AT&T by 4.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company's stock valued at $39,848,000 after buying an additional 66,448 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in AT&T by 1.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company's stock valued at $512,077,000 after buying an additional 248,567 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its position in AT&T by 140.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company's stock valued at $81,575,000 after buying an additional 1,689,073 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company's stock.

Trending Headlines about AT&T

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

• Positive Sentiment: Q1 beat and broadband strength: AT&T beat EPS and revenue expectations, reported record broadband results and reaffirmed FY guidance — a near‑term catalyst that lifted shares after the print. Former Dividend Aristocrat AT&T Posts Strong Earnings
• Positive Sentiment: Fiber/convergence growth story: Management emphasized a fiber expansion and convergence strategy on the earnings call — a structural growth driver that improves ARPU and lowers churn over time. AT&T Earnings Call: Fiber Push Drives Growth Outlook
• Positive Sentiment: New consumer-facing test vs. T‑Mobile: AT&T is quietly piloting a service aimed at competing with T‑Mobile’s offerings — a potential retention/ACV tailwind if scaled. AT&T quietly tests new service that rivals T-Mobile
• Neutral Sentiment: Defensive valuation and income appeal: Analysts and outlets are highlighting AT&T as a defensive, cash‑generating telecom with an attractive yield for income investors — supportive for longer‑term demand even absent growth surprises. AT&T Inc. (T): Defensive Thesis Growing Strong
• Neutral Sentiment: Analyst price‑target moves: A couple of shops trimmed targets (BNP Paribas Exane, Scotiabank) or moved ratings; these are influencing near‑term sentiment but show mixed conviction about upside. Price Target Coverage
• Negative Sentiment: Wireless churn and subscriber worries: Reports and commentaries flagged elevated wireless customer losses and retention pressure — an immediate negative because wireless is the core profit engine and churn risks margin/ARPU trends. AT&T Falls On Wireless Subscriber 'Churn' Worries
• Negative Sentiment: Longer‑term structural concerns: Opinion pieces warn that competition and retention issues could cap upside for years unless wireless trends improve — a caution for growth‑oriented holders. AT&T's Biggest Problem Could Stall The Stock For Years

Analyst Ratings Changes

T has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. TD Cowen reiterated a "hold" rating on shares of AT&T in a research report on Thursday, January 29th. Scotiabank decreased their target price on shares of AT&T from $31.50 to $31.00 and set a "sector perform" rating for the company in a research report on Thursday. Arete Research upgraded shares of AT&T from a "sell" rating to a "neutral" rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. Finally, Morgan Stanley initiated coverage on shares of AT&T in a research report on Thursday, April 16th. They issued an "overweight" rating and a $30.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, AT&T has an average rating of "Moderate Buy" and a consensus target price of $30.70.

AT&T Stock Performance

Shares of T opened at $26.21 on Friday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a 50-day moving average of $27.71 and a two-hundred day moving average of $26.05. The stock has a market cap of $183.00 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 0.99 and a beta of 0.34. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.86.

AT&T (NYSE:T - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to analysts' expectations of $31.29 billion. During the same period last year, the company posted $0.51 earnings per share. The business's revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T Inc. will post 2.3 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, April 10th. AT&T's dividend payout ratio (DPR) is presently 36.39%.

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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