Capital World Investors Sells 86,072 Shares of AT&T Inc. $T

Capital World Investors lowered its position in shares of AT&T Inc. (NYSE:T) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,122,762 shares of the technology company’s stock after selling 86,072 shares during the period. Capital World Investors’ holdings in AT&T were worth $1,274,267,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in T. Front Row Advisors LLC bought a new stake in AT&T during the second quarter valued at about $25,000. Mountain Hill Investment Partners Corp. lifted its position in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after acquiring an additional 702 shares in the last quarter. GGM Financials LLC bought a new position in shares of AT&T in the third quarter worth about $25,000. Cloud Capital Management LLC purchased a new stake in shares of AT&T during the third quarter worth about $31,000. Finally, Kilter Group LLC bought a new stake in AT&T during the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on T shares. Morgan Stanley lowered their price target on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. Citigroup lowered their target price on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Finally, Loop Capital set a $29.00 price target on shares of AT&T in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.35.

Key AT&T News

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

• Positive Sentiment: Management announced a more than $250 billion commitment to upgrade and expand U.S. network infrastructure over the next five years — pitched as positioning AT&T to be the telecom provider of choice for the “AI age,” and to expand rural/satellite coverage. This is being framed as a long-term growth and competitive investment. AT&T to invest $250 billion over five years in US to boost infrastructure (Reuters)
• Positive Sentiment: Wall Street commentary and features highlight the $250B plan as a catalyst for renewed growth; some analysts view higher capex and possible acquisitions as drivers for a multi-year rally. AT&T to spend $250B over five years to improve U.S. network infrastructure (Seeking Alpha)
• Positive Sentiment: AT&T is partnering with AWS to support last-mile AI workloads — a strategic move that pairs network scale with cloud AI capabilities and could drive higher-margin enterprise services. AT&T pairs with AWS to support last-mile AI workloads (Data Center Dynamics)
• Neutral Sentiment: Analysts updated ratings: Scotiabank raised its price target to $31 and maintains sector perform — signaling more constructive analyst sentiment even as opinions vary. Scotiabank raises AT&T target (Benzinga)
• Neutral Sentiment: Corporate visibility events this week (Deutsche Bank conference presentation; NYSE bell-ringing for the company’s 150th anniversary) increase investor access to management but are routine and informational. AT&T presentation transcript (Seeking Alpha)
• Negative Sentiment: Big-ticket capex raises execution and near-term cash-flow questions — some investors and commentators caution that $250B of spending could strain free cash flow, slow buybacks/dividends or pressure returns if rollout or monetization lags. That concern is tempering some market reaction. Analysis noting Wall Street caution on capex (Seeking Alpha)

AT&T Stock Up 0.6%

NYSE T opened at $27.71 on Wednesday. The stock has a 50 day moving average price of $26.16 and a 200-day moving average price of $26.31. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market capitalization of $193.95 billion, a P/E ratio of 9.08, a P/E/G ratio of 1.03 and a beta of 0.39.

AT&T (NYSE:T) last announced 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. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. During the same quarter in the previous year, the business posted $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 predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

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.