CapWealth Advisors LLC Purchases 39,297 Shares of AT&T Inc. $T

Key Points

• CapWealth Advisors LLC increased its AT&T stake by 7.6% in Q4, buying an additional 39,297 shares to hold 557,352 shares valued at about $13.845 million; institutional investors now own roughly 57.1% of the company.
• AT&T beat quarterly estimates with $0.57 EPS versus a $0.55 consensus and reported revenue of $31.51 billion (up 2.9% year-over-year), while issuing FY2026 guidance of $2.25–$2.35 EPS (analyst consensus ~2.31).
• The company paid a quarterly dividend of $0.2775 (annualized $1.11) for a ~4.2% yield and 37.25% payout ratio, and Wall Street ratings average to a "Moderate Buy" with a $30.55 price target.

CapWealth Advisors LLC increased its position in AT&T Inc. (NYSE:T - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 557,352 shares of the technology company's stock after purchasing an additional 39,297 shares during the quarter. CapWealth Advisors LLC's holdings in AT&T were worth $13,845,000 as of its most recent SEC filing.

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

More 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

AT&T Stock Up 0.1%

AT&T stock opened at $26.15 on Friday. The business has a fifty day moving average of $27.52 and a two-hundred day moving average of $26.05. 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 market cap 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. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. During the same quarter in the prior year, the business posted $0.51 EPS. The business's revenue for the quarter 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, analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued 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 was Friday, April 10th. AT&T's dividend payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on T shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. KeyCorp upped their target price on AT&T from $30.00 to $36.00 and gave the stock an "overweight" rating in a report on Wednesday, March 25th. Arete Research upgraded AT&T from a "sell" rating to a "neutral" rating and set a $28.00 target price for the company in a report on Tuesday, March 10th. Oppenheimer upped their target price on AT&T from $29.00 to $32.00 and gave the stock an "outperform" rating in a report on Wednesday, March 11th. Finally, Morgan Stanley started coverage on AT&T in a report on Thursday, April 16th. They set an "overweight" rating and a $30.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, AT&T presently has an average rating of "Moderate Buy" and an average price target of $30.55.

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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