AT&T Inc. $T Stake Raised by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management increased its AT&T stake by 18.4% in the fourth quarter, bringing its holdings to 660,341 shares valued at about $16.4 million. Several other institutional investors also raised their positions, and institutions now own 57.1% of the stock.
• AT&T reported better-than-expected quarterly results, posting EPS of $0.57 on revenue of $31.51 billion, and it raised its FY 2026 guidance to $2.25-$2.35 EPS. The company also pays a quarterly dividend of $0.2775 per share, equal to a 4.9% annual yield.
• Wall Street sentiment is mixed but generally constructive: the consensus rating is Moderate Buy with a $30.55 price target, though recent downgrades and regulatory concerns have pressured shares. AT&T stock was trading near $22.79, close to its 52-week low.

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in AT&T Inc. (NYSE:T - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 660,341 shares of the technology company's stock after acquiring an additional 102,762 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in AT&T were worth $16,403,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of T. Brighton Jones LLC increased its holdings in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company's stock valued at $1,106,000 after purchasing an additional 10,188 shares during the period. Osterweis Capital Management Inc. increased its holdings in shares of AT&T by 4,352.9% in the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company's stock valued at $180,000 after purchasing an additional 6,094 shares during the period. Main Street Financial Solutions LLC increased its holdings in shares of AT&T by 4.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company's stock valued at $775,000 after purchasing an additional 1,022 shares during the period. HUB Investment Partners LLC increased its holdings in shares of AT&T by 19.6% in the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company's stock valued at $1,613,000 after purchasing an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of AT&T by 1.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company's stock valued at $5,992,000 after purchasing an additional 3,677 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on T shares. Weiss Ratings downgraded AT&T from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, May 29th. Wall Street Zen downgraded AT&T from a "hold" rating to a "sell" rating in a report on Saturday, May 30th. Royal Bank Of Canada reissued an "outperform" rating and issued a $31.00 price target on shares of AT&T in a research note on Wednesday, May 20th. Arete Research raised AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price target for the company in a research note on Tuesday, March 10th. Finally, BNP Paribas Exane lowered their price target on AT&T from $28.00 to $26.00 and set a "neutral" rating for the company in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.55.

AT&T Trading Up 0.1%

Shares of NYSE T opened at $22.79 on Friday. The stock has a market cap of $158.32 billion, a price-to-earnings ratio of 7.65, a PEG ratio of 0.95 and a beta of 0.21. The business has a 50 day simple moving average of $25.90 and a 200 day simple moving average of $25.95. AT&T Inc. has a 52 week low of $22.33 and a 52 week high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to analysts' expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts predict that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. AT&T's dividend payout ratio is presently 37.25%.

Key AT&T News

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

• Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
• Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
• Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
• Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
• Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
• Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. 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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