Groupama Asset Managment Purchases 97,481 Shares of AT&T Inc. $T

Key Points

• Groupama Asset Managment bought an additional 97,481 shares of AT&T, a 35.1% increase bringing its total to 375,548 shares valued at about $10.605 million at quarter-end.
• Institutional investors own about 57.1% of AT&T, and several other funds recently initiated or increased small stakes, signaling rising institutional interest.
• Wall Street sentiment is broadly positive with an average rating of "Moderate Buy" and a consensus target price of $30.35, including Oppenheimer raising its target to $32 and issuing an outperform rating.

Groupama Asset Managment lifted its position in shares of AT&T Inc. (NYSE:T - Free Report) by 35.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 375,548 shares of the technology company's stock after purchasing an additional 97,481 shares during the period. Groupama Asset Managment's holdings in AT&T were worth $10,605,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of T. Front Row Advisors LLC bought a new position in AT&T during the second quarter worth about $25,000. Mountain Hill Investment Partners Corp. increased its position in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock worth $25,000 after buying an additional 702 shares during the last quarter. GGM Financials LLC bought a new stake in AT&T in the third quarter valued at approximately $25,000. Cloud Capital Management LLC bought a new stake in AT&T in the third quarter valued at approximately $31,000. Finally, Kilter Group LLC acquired a new stake in shares of AT&T in the second quarter valued at approximately $32,000. 57.10% of the stock is owned by institutional investors.

Key AT&T News

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

• Positive Sentiment: AT&T rolled out a new AI‑powered consumer app to let wireless and home internet customers manage services and get AI support in one place — a product that could boost retention, simplify upsells and improve customer experience if adoption scales toward the company’s 100M-family target. Read More.
• Positive Sentiment: AT&T expanded a small‑business service assurance guarantee (faster support, bill credits for downtime), which targets SMB churn and could help stabilize business revenue and ARPU in a competitive market. Read More.
• Positive Sentiment: New national marketing tied to NCAA March Madness aims to reinforce AT&T’s brand and connectivity story — a visibility play that can help customer engagement and long‑term retention. Read More.
• Neutral Sentiment: AT&T committed to a large $250 billion spending plan to advance U.S. connectivity — a long‑term growth and market‑share signal but one that increases capital intensity and invites scrutiny on timing, returns and near‑term cash/ leverage. Read More.
• Neutral Sentiment: Analyst/media attention has spiked (Zacks/other outlets flagging T as a watched stock), which can increase trading volume and volatility but does not guarantee direction. Read More.
• Neutral Sentiment: Broader sector/infrastructure coverage (MarketBeat piece on “boring” infrastructure stocks) may shift some investor flows toward other yield/utility‑like names; limited direct impact on AT&T but relevant for relative allocation decisions.
• Negative Sentiment: Market headlines noted that AT&T suffered a larger-than-market intraday decline, reflecting near‑term selling pressure; that technical weakness can amplify downside as momentum traders react. Read More.

Wall Street Analysts Forecast Growth

T has been the subject of several research analyst reports. Oppenheimer lifted their target price on AT&T from $29.00 to $32.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 11th. Arete Research upgraded AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price target on the stock in a research note on Tuesday, March 10th. Loop Capital set a $29.00 price target on AT&T in a report on Friday, December 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. Finally, Wolfe Research lowered shares of AT&T from an "outperform" rating to a "peer perform" rating in a research report on Monday, December 15th. 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 company. Based on data from MarketBeat.com, AT&T currently has an average rating of "Moderate Buy" and a consensus target price of $30.35.

AT&T Price Performance

AT&T stock opened at $27.40 on Thursday. The company has a market capitalization of $191.35 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 1.04 and a beta of 0.39. 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. The stock's 50 day moving average is $26.51 and its 200-day moving average is $26.27.

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

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.

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