Swedbank AB Purchases 80,794 Shares of AT&T Inc. $T

Key Points

• Swedbank AB increased its AT&T stake by 80,794 shares in Q4 to 3,530,808 shares, holdings valued at about $87.7 million (a 2.3% increase).
• AT&T beat quarterly estimates (EPS $0.57 vs. $0.55; revenue $31.51B vs. $31.29B) and set FY‑2026 EPS guidance of $2.25–$2.35, while declaring a quarterly dividend that annualizes to $1.11 (4.3% yield).
• Management ramped buybacks so that buybacks exceeded dividends for the first time, lifting total shareholder yield above 8% and prompting mixed market reaction; analysts' consensus rating is "Moderate Buy" with a $30.55 target.

Swedbank AB increased its position in AT&T Inc. (NYSE:T - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,530,808 shares of the technology company's stock after acquiring an additional 80,794 shares during the quarter. Swedbank AB's holdings in AT&T were worth $87,705,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in T. Gentry Private Wealth LLC raised its position in shares of AT&T by 1.7% in the third quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company's stock valued at $665,000 after purchasing an additional 393 shares during the period. Thoroughbred Financial Services LLC grew its stake in AT&T by 2.8% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company's stock valued at $419,000 after buying an additional 406 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. raised its holdings in AT&T by 1.6% during the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 25,869 shares of the technology company's stock valued at $700,000 after acquiring an additional 415 shares during the period. Fortis Group Advisors LLC raised its holdings in AT&T by 0.6% during the 3rd quarter. Fortis Group Advisors LLC now owns 75,396 shares of the technology company's stock valued at $2,129,000 after acquiring an additional 422 shares during the period. Finally, Smith Moore & CO. lifted its position in shares of AT&T by 0.6% during the third quarter. Smith Moore & CO. now owns 73,088 shares of the technology company's stock worth $2,064,000 after acquiring an additional 426 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Down 1.3%

Shares of T opened at $25.57 on Thursday. The firm has a market cap of $177.66 billion, a P/E ratio of 8.58, a P/E/G ratio of 0.95 and a beta of 0.23. The stock has a 50 day simple moving average of $27.42 and a two-hundred day simple moving average of $26.04. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. The firm had revenue of $31.51 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. 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. 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 declared 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 4.3%. AT&T's dividend payout ratio is presently 37.25%.

Analyst Ratings Changes

A number of equities analysts have recently commented on T shares. UBS Group reaffirmed a "buy" rating on shares of AT&T in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. Barclays decreased their price target on AT&T from $28.00 to $26.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 13th. Citigroup increased their price target on shares of AT&T from $29.00 to $31.50 and gave the stock a "buy" rating in a report on Monday, March 23rd. Finally, Scotiabank cut their price objective on shares of AT&T from $31.50 to $31.00 and set a "sector perform" rating for the company in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, AT&T presently has an average rating of "Moderate Buy" and a consensus target price of $30.55.

Key AT&T News

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

• Positive Sentiment: Management ramped share repurchases so that buybacks exceeded dividends for the first time, lifting total shareholder yield above 8% and signaling an aggressive capital-return posture that can support the stock and EPS over time. Read More.
• Positive Sentiment: Third-party testing and AT&T PR highlight that AT&T leads the U.S. in upload speeds (fiber + wireless converged), which strengthens the company’s competitive positioning for higher-value consumer and business services. Read More.
• Positive Sentiment: Lumen completed the sale of its consumer fiber-to-the-home business to AT&T, a deal that accelerates AT&T’s fiber footprint and subscriber scale (potentially supporting long-term broadband growth). Read More.
• Neutral Sentiment: AT&T Business is partnering with Geoforce on the GT1c rugged cellular tracker — a niche commercial win that expands AT&T’s IoT/asset-tracking use cases but is unlikely to move near-term revenue materially. Read More.
• Neutral Sentiment: Recent coverage of AT&T wireless plans and prepaid recharge options is product-level detail that helps customer-facing positioning but has limited immediate impact on the stock. Read More.
• Negative Sentiment: Offsetting positives: AT&T’s FY‑2026 EPS guidance (about $2.25–$2.35) and a strategic tilt from dividends toward buybacks may unsettle income-focused investors who preferred steady dividend growth; combined with modest trading volume, these factors help explain downward pressure on the share price today.

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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