AT&T Inc. $T Shares Sold by GC Wealth Management RIA LLC

Key Points

• GC Wealth Management trimmed its AT&T stake by 80%, selling 74,484 shares and leaving 18,597 shares valued at about $462,000 at quarter-end.
• AT&T beat Q1 expectations with $0.57 EPS vs. $0.55 est. and $31.51 billion in revenue (up 2.9% YoY), and set FY2026 guidance of $2.25–$2.35 EPS (consensus ~2.31).
• AT&T recently paid a quarterly dividend of $0.2775 (annualized $1.11), implying a yield around 4.2% and a payout ratio of about 37.25%.

GC Wealth Management RIA LLC trimmed its stake in AT&T Inc. (NYSE:T - Free Report) by 80.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,597 shares of the technology company's stock after selling 74,484 shares during the quarter. GC Wealth Management RIA LLC's holdings in AT&T were worth $462,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mountain Hill Investment Partners Corp. grew its holdings 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 worth $25,000 after acquiring an additional 702 shares during the last quarter. GGM Financials LLC purchased a new position in shares of AT&T during the third quarter valued at $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T during the fourth quarter valued at $25,000. OFI Invest Asset Management grew its holdings in shares of AT&T by 84.2% during the fourth quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company's stock valued at $27,000 after buying an additional 496,804 shares in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of AT&T during the fourth quarter valued at $29,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Price Performance

Shares of NYSE:T opened at $26.15 on Friday. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The business has a 50-day moving average of $27.52 and a two-hundred day moving average of $26.05. The stock has a market capitalization of $181.70 billion, a P/E ratio of 8.78, a P/E/G ratio of 0.96 and a beta of 0.23. 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 (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company had revenue of $31.51 billion during the quarter, compared to analysts' expectations of $31.29 billion. During the same quarter in the previous year, the firm earned $0.51 earnings per share. The business's quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts predict that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, April 10th. AT&T's payout ratio is currently 37.25%.

Analyst Upgrades and Downgrades

T has been the subject of a number of research reports. TD Cowen reissued a "hold" rating on shares of AT&T in a research report on Thursday, January 29th. Citigroup boosted their price target on AT&T from $29.00 to $31.50 and gave the stock a "buy" rating in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. Wells Fargo & Company reduced their price target on AT&T from $29.00 to $27.00 and set an "overweight" rating for the company in a research report on Monday, January 26th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $31.00 price target on shares of AT&T in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $30.55.

Key AT&T News

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

• Positive Sentiment: Erste Group raised its FY2027 EPS estimate modestly (to $2.56), suggesting improving analyst models for AT&T's profitability and helping the valuation story and dividend coverage. (Research note reported April 27)
• Positive Sentiment: Broker consensus target remains above the stock: a $30.70 consensus target was reported, which supports upside vs. the current trading range and may anchor buy-side interest. Article Title
• Positive Sentiment: AT&T launched new cybersecurity (Dynamic Defense for SMBs on AT&T Business Fiber) and public-safety offerings (RapidSOS HARMONY AI on AT&T ESInet), expanding higher-margin services beyond wireless/fiber and reinforcing enterprise revenue diversification. That strategic push can support revenue mix improvements over time. Article Title
• Positive Sentiment: Zacks argues AT&T is a strong value stock based on style scores and earnings yield — a narrative that can attract value-oriented investors given AT&T’s dividend yield and low PE. Article Title
• Neutral Sentiment: Yield comparison pieces highlight income appeal (AT&T ~4.3% vs. Verizon ~6%) — useful for income investors but not a catalyst by itself; emphasis is on relative income vs. longer-term total return. Article Title
• Neutral Sentiment: Several market/sector pieces (SpaceX/chip supplier roundup, and an unrelated Lumen preview) mention broader thematic moves that don’t directly affect AT&T’s fundamentals today but shape investor risk appetite across telecom and tech. Article Title Article Title
• Negative Sentiment: Jim Cramer publicly characterized AT&T as offering income but lacking growth, a high-profile critique that can reinforce sell-side skepticism among retail investors and pressure the stock multiple. Article Title
• Negative Sentiment: Analytical pieces flag structural threats AT&T may have missed, raising concerns about competitive pressures and long-term growth headwinds — these narratives can weigh on investor confidence and valuation if they gain traction. Article Title

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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