Professional Advisory Services Inc. boosted its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 36.1% in the fourth quarter, HoldingsChannel reports. The firm owned 533,750 shares of the technology company’s stock after purchasing an additional 141,580 shares during the quarter. AT&T makes up approximately 1.7% of Professional Advisory Services Inc.’s holdings, making the stock its 29th largest holding. Professional Advisory Services Inc.’s holdings in AT&T were worth $13,258,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Front Row Advisors LLC bought a new stake in AT&T in the second quarter valued at $25,000. Mountain Hill Investment Partners Corp. lifted its position in AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. GGM Financials LLC bought a new stake in AT&T in the 3rd quarter valued at about $25,000. Cloud Capital Management LLC acquired a new position in AT&T during the 3rd quarter valued at about $31,000. Finally, Kilter Group LLC bought a new position in AT&T in the 2nd quarter worth about $32,000. 57.10% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Sanford C. Bernstein reduced their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Wells Fargo & Company reduced their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Barclays lowered their price target on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. The Goldman Sachs Group cut their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Finally, Loop Capital set a $29.00 target price on shares of AT&T in a research report on Friday, December 19th. One investment 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, AT&T currently has an average rating of “Moderate Buy” and an average target price of $30.46.
AT&T Trading Up 0.5%
Shares of T stock opened at $28.90 on Wednesday. The stock has a 50-day simple moving average of $26.89 and a 200 day simple moving average of $26.23. The stock has a market capitalization of $201.80 billion, a P/E ratio of 9.47, a P/E/G ratio of 1.07 and a beta of 0.39. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week 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.
AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS 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 firm had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. During the same period in the previous year, the business earned $0.43 earnings per share. AT&T’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, sell-side analysts expect that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Citigroup raised its price target on AT&T to $31.50 and assigned a “buy” rating, signaling analyst conviction and a ~9% upside from current levels; analyst upgrades can attract buyer interest and support near-term upside. AT&T price target raised by Citigroup
- Positive Sentiment: AT&T partnered with The Golf League (TGL) to provide advanced connectivity at the SoFi Center, showcasing 5G-enabled live broadcasts, low-latency gameplay and fan engagement — a commercial showcase of AT&T’s network capabilities that could support ARPU and enterprise/consumer demand narratives. AT&T Teams Up With TGL
- Positive Sentiment: AT&T rolled out a major digital service upgrade aimed at price-conscious wireless customers — a tactical move to reduce churn and better compete with T‑Mobile on value, which could stabilize subscriber trends and margin outlook. AT&T rolls out major upgrade
- Positive Sentiment: Feature pieces highlighting AT&T as an attractive dividend/value play are resurfacing, reinforcing investor interest in yield and valuation stability amid market rotation into “boring” cash-paying stocks. This narrative can support demand from income-oriented funds. Boring Pays Dividends: Why AT&T is the Hot Stock
- Neutral Sentiment: Coverage noting AT&T’s improved relative price performance vs. benchmarks is observational — it may attract momentum traders but doesn’t change fundamentals on its own. AT&T shows improved relative price performance
- Neutral Sentiment: Macro technology headlines (ASML $8B order, TSMC capacity constraints) underscore strength in the broader tech/AI supply chain; while not directly tied to AT&T, a stronger tech sector can lift market sentiment and risk appetite for cyclical and value names. ASML’s $8B Deal and semiconductor macro context
- Negative Sentiment: Shareholders filed proposals seeking written-consent rights and public release of AT&T’s full EEO-1 workforce data — governance and transparency initiatives that could increase activism, proxy costs or public scrutiny if they gain traction. AT&T Faces New Votes On Shareholder Power
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.
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