PBU The Pension Fund of Early Childhood & Youth Educators Makes New Investment in AT&T Inc. $T

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in AT&T Inc. (NYSE:T) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 493,718 shares of the technology company’s stock, valued at approximately $12,264,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in AT&T by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after acquiring an additional 3,585,661 shares during the last quarter. State Street Corp increased its stake in AT&T by 0.8% in the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after acquiring an additional 2,704,536 shares during the last quarter. Norges Bank bought a new position in AT&T in the 4th quarter worth about $2,181,977,000. Capital Research Global Investors increased its stake in AT&T by 0.6% in the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after acquiring an additional 370,455 shares during the last quarter. Finally, Invesco Ltd. increased its stake in AT&T by 8.6% in the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after acquiring an additional 4,584,316 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on T. Scotiabank decreased their target price on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Wednesday, May 20th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research note on Tuesday, March 10th. Wall Street Zen lowered AT&T from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. Finally, Citigroup increased their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T News Roundup

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

• Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
• Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
• Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
• Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
• Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
• Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title

AT&T Price Performance

Shares of AT&T stock opened at $22.79 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $158.32 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.95 and a beta of 0.21. The business’s 50-day moving average price is $25.90 and its 200-day moving average price is $25.95. AT&T Inc. has a 12 month low of $22.33 and a 12 month high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were given a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.9%. AT&T’s dividend payout ratio is 37.25%.

About AT&T

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.