Adell Harriman & Carpenter Inc. Acquires 64,955 Shares of AT&T Inc. $T

Adell Harriman & Carpenter Inc. boosted its stake in AT&T Inc. (NYSE:TFree Report) by 37.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 239,594 shares of the technology company’s stock after acquiring an additional 64,955 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in AT&T were worth $6,766,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. J. L. Bainbridge & Co. Inc. boosted its position in shares of AT&T by 1.7% during the second quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after purchasing an additional 355 shares in the last quarter. Financial & Tax Architects LLC raised its position in shares of AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock worth $220,000 after purchasing an additional 356 shares during the last quarter. Roberts Glore & Co. Inc. IL raised its holdings in AT&T by 2.0% in the second quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock worth $532,000 after buying an additional 357 shares during the last quarter. Investment Partners LTD. raised its holdings in AT&T by 3.5% in the 2nd quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after acquiring an additional 357 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its stake in shares of AT&T by 2.5% in the second quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock worth $431,000 after purchasing an additional 364 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Stock Performance

AT&T stock opened at $26.89 on Wednesday. The company’s 50-day moving average price is $24.53 and its 200-day moving average price is $26.32. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The company has a market cap of $190.63 billion, a PE ratio of 8.82, a price-to-earnings-growth ratio of 0.98 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same quarter last year, the firm earned $0.43 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.1%. AT&T’s payout ratio is 36.39%.

Key Headlines Impacting AT&T

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

  • Positive Sentiment: Q4 beat and constructive outlook — AT&T posted a Q4 earnings beat with service revenue growth driven by wireless and fiber; management reaffirmed FY guidance (FY26 EPS range noted), signaling steady cash generation and execution. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?
  • Positive Sentiment: Lumen fiber deal closed — AT&T completed the $5.75B purchase of Lumen’s mass‑markets fiber business, adding 1M+ customers and ~4M fiber‑enabled locations across 32 states, accelerating subscriber growth and scale in broadband. Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T
  • Positive Sentiment: Stronger capital returns — Analysts and coverage note rising free cash flow, a ~4% dividend yield and a recent $10B buyback program, which support multiple expansion and investor demand for the stock. Why AT&T Stock Surged This Week
  • Neutral Sentiment: Talent and product initiatives — AT&T is hiring bilingual call‑center staff and partnering on connected‑health devices (Tango Belt) — incremental operating support but limited immediate stock impact. AT&T hiring event AT&T Tango Belt collaboration
  • Negative Sentiment: Congressional/security risk — Senator Maria Cantwell says AT&T and Verizon are blocking release of key Salt Typhoon security assessment reports and has asked their CEOs to testify; potential regulatory scrutiny, reputational risk and disclosure obligations could create near‑term volatility. Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports
  • Negative Sentiment: Legacy declines and margin pressure remain — analysts note that while fiber and 5G are growth drivers, legacy wireline declines and margin compression are ongoing risks that could limit near‑term profitability improvement. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of AT&T from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Sanford C. Bernstein cut their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. The Goldman Sachs Group dropped their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. KeyCorp reiterated an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company cut their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.83.

Read Our Latest Analysis on T

AT&T Company Profile

(Free Report)

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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Institutional Ownership by Quarter for AT&T (NYSE:T)

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