LFG Wealth Partners LLC Takes $1.42 Million Position in AT&T Inc. $T

LFG Wealth Partners LLC acquired a new stake in shares of AT&T Inc. (NYSE:T) during the 4th quarter, Holdings Channel reports. The fund acquired 57,142 shares of the technology company’s stock, valued at approximately $1,419,000.

Several other institutional investors and hedge funds have also recently modified their holdings of T. Strategic Global Advisors LLC purchased a new position in AT&T during the fourth quarter valued at $3,700,000. Thornburg Investment Management Inc. grew its stake in AT&T by 2.8% during the fourth quarter. Thornburg Investment Management Inc. now owns 29,044,508 shares of the technology company’s stock valued at $721,466,000 after acquiring an additional 790,045 shares in the last quarter. Zinnia Wealth Advisory LLC purchased a new position in AT&T during the fourth quarter valued at $229,000. Perryman Financial Advisory Inc. AD purchased a new position in AT&T during the fourth quarter valued at $574,000. Finally, Sargent Investment Group LLC grew its stake in AT&T by 9.0% during the fourth quarter. Sargent Investment Group LLC now owns 65,194 shares of the technology company’s stock valued at $1,619,000 after acquiring an additional 5,358 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

More AT&T News

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

• Positive Sentiment: AT&T is getting some support from upbeat analyst commentary, including recent buy ratings and price targets as high as $31, suggesting Wall Street still sees upside from current levels.
• Positive Sentiment: Investor discussion highlighted AT&T’s 5G and fiber strategy, including its expanded partnership with Rivian for built-in 5G connectivity and continued network/buildout momentum, which could support longer-term revenue growth.
• Positive Sentiment: Some commentary also pointed to AT&T Stadium’s World Cup exposure as a brand-visibility boost that could improve consumer awareness of the company.
• Neutral Sentiment: Recent posts and market chatter continue to frame AT&T as a defensive telecom holding, with investors rotating within the sector rather than making a strong directional bet on the company itself.
• Negative Sentiment: Competitive pressure remains a concern, especially with broadband and 5G rivals intensifying efforts while AT&T simplifies its fiber plans to improve customer uptake and reduce complexity.
• Negative Sentiment: Some investors remain focused on AT&T’s debt load and the possibility that satellite broadband competition could pressure parts of the business, even though one recent analysis argued the SpaceX/Starlink threat is overstated.
• Negative Sentiment: The stock has also been weighed by broader technical weakness, with shares trading closer to their 52-week low than their high, which may be reinforcing cautious sentiment.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on T. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 target price on shares of AT&T in a research note on Wednesday, May 20th. Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. BNP Paribas Exane cut their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Wall Street Zen cut shares of AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Finally, Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Stock Performance

Shares of NYSE:T opened at $23.25 on Tuesday. AT&T Inc. has a 52 week low of $22.32 and a 52 week high of $29.79. The stock has a market capitalization of $161.57 billion, a P/E ratio of 7.80, a PEG ratio of 0.98 and a beta of 0.21. The firm has a fifty day simple moving average of $25.22 and a two-hundred day simple moving average of $25.84. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the company posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts expect that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

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.