Gradient Investments LLC Sells 441,205 Shares of AT&T Inc. $T

Key Points

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Gradient Investments LLC reduced its stake in AT&T Inc. (NYSE:T - Free Report) by 95.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,894 shares of the technology company's stock after selling 441,205 shares during the quarter. Gradient Investments LLC's holdings in AT&T were worth $569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of T. Csenge Advisory Group boosted its stake in AT&T by 20.3% in the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company's stock worth $5,346,000 after buying an additional 31,935 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of 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 acquiring an additional 49,727 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of 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 purchasing an additional 66,448 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of 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 purchasing an additional 248,567 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in shares of AT&T by 140.8% during 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 purchasing an additional 1,689,073 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Performance

Shares of NYSE:T opened at $28.90 on Wednesday. The company has a market cap of $201.80 billion, a price-to-earnings ratio of 9.47, a price-to-earnings-growth ratio of 1.07 and a beta of 0.39. The company has a 50-day moving average price of $26.89 and a 200-day moving average price of $26.23. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79.

AT&T (NYSE:T - Get Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion for the quarter, compared to analysts' expectations of $32.91 billion. During the same period last year, the firm earned $0.43 earnings per share. AT&T's quarterly revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. 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 Thursday, February 12th. Williams Trading set a $32.00 target price on AT&T in a research note on Thursday, January 29th. Oppenheimer increased their target price on AT&T from $29.00 to $32.00 and gave the company an "outperform" rating in a report on Wednesday, March 11th. Citigroup lifted their price target on AT&T from $29.00 to $31.50 and gave the stock a "buy" rating in a research note on Monday. Finally, The Goldman Sachs Group lowered their price objective on AT&T from $33.00 to $29.00 and set a "buy" rating for the company in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $30.46.

Key AT&T News

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

• Positive Sentiment: Citigroup raised its price target on AT&T to $31.50 and assigned a "buy" rating, signaling analyst conviction and a ~9% upside from current levels; analyst upgrades can attract buyer interest and support near-term upside. AT&T price target raised by Citigroup
• Positive Sentiment: AT&T partnered with The Golf League (TGL) to provide advanced connectivity at the SoFi Center, showcasing 5G-enabled live broadcasts, low-latency gameplay and fan engagement — a commercial showcase of AT&T's network capabilities that could support ARPU and enterprise/consumer demand narratives. AT&T Teams Up With TGL
• Positive Sentiment: AT&T rolled out a major digital service upgrade aimed at price-conscious wireless customers — a tactical move to reduce churn and better compete with T‑Mobile on value, which could stabilize subscriber trends and margin outlook. AT&T rolls out major upgrade
• Positive Sentiment: Feature pieces highlighting AT&T as an attractive dividend/value play are resurfacing, reinforcing investor interest in yield and valuation stability amid market rotation into "boring" cash-paying stocks. This narrative can support demand from income-oriented funds. Boring Pays Dividends: Why AT&T is the Hot Stock
• Neutral Sentiment: Coverage noting AT&T's improved relative price performance vs. benchmarks is observational — it may attract momentum traders but doesn’t change fundamentals on its own. AT&T shows improved relative price performance
• Neutral Sentiment: Macro technology headlines (ASML $8B order, TSMC capacity constraints) underscore strength in the broader tech/AI supply chain; while not directly tied to AT&T, a stronger tech sector can lift market sentiment and risk appetite for cyclical and value names. ASML’s $8B Deal and semiconductor macro context
• Negative Sentiment: Shareholders filed proposals seeking written-consent rights and public release of AT&T’s full EEO-1 workforce data — governance and transparency initiatives that could increase activism, proxy costs or public scrutiny if they gain traction. AT&T Faces New Votes On Shareholder Power

AT&T 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.

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