Capital World Investors Raises Holdings in AT&T Inc. $T

Key Points

• Capital World Investors slightly increased its AT&T stake in the fourth quarter, adding 53,977 shares to bring its total to 45.18 million shares worth about $1.12 billion.
• AT&T reported better-than-expected quarterly results, posting EPS of $0.57 versus the $0.55 estimate and revenue of $31.51 billion, while also reaffirming FY 2026 EPS guidance of 2.25 to 2.35.
• The company continues to support investors with a 4.9% dividend yield, and analysts currently rate the stock Moderate Buy with a consensus price target of $30.55.

Capital World Investors raised its holdings in shares of AT&T Inc. (NYSE:T - Free Report) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,176,739 shares of the technology company's stock after purchasing an additional 53,977 shares during the period. Capital World Investors owned 0.64% of AT&T worth $1,122,190,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of T. Rhumbline Advisers lifted its holdings in AT&T by 0.4% in the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company's stock worth $361,779,000 after buying an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings 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 worth $39,848,000 after buying an additional 66,448 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings 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 worth $81,575,000 after buying an additional 1,689,073 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in AT&T by 749.1% in the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company's stock worth $3,964,000 after buying an additional 140,802 shares in the last quarter. Finally, World Investment Advisors lifted its holdings in AT&T by 85.0% in the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company's stock worth $8,419,000 after buying an additional 155,728 shares in the last quarter. Institutional investors own 57.10% of the company's stock.

AT&T Trading Up 0.2%

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

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (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 net margin of 16.94% and a return on equity of 12.49%. The business's revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.51 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 2.31 earnings per share for the current year.

AT&T Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. KeyCorp boosted their price objective on shares of AT&T from $30.00 to $36.00 and gave the stock an "overweight" rating in a report on Wednesday, March 25th. Wall Street Zen downgraded shares of AT&T from a "hold" rating to a "sell" rating in a research report on Saturday, May 30th. 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. Arete Research raised 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, Royal Bank Of Canada reissued an "outperform" rating and issued a $31.00 target price on shares of AT&T in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.55.

AT&T News Roundup

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

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.

Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:T - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.