AT&T Inc. $T Shares Bought by Joseph Group Capital Management

Joseph Group Capital Management lifted its stake in shares of AT&T Inc. (NYSE:T) by 22.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 259,458 shares of the technology company’s stock after purchasing an additional 47,290 shares during the quarter. AT&T comprises 1.7% of Joseph Group Capital Management’s portfolio, making the stock its 17th largest position. Joseph Group Capital Management’s holdings in AT&T were worth $6,445,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in T. Mountain Hill Investment Partners Corp. lifted its stake in 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 buying an additional 702 shares during the last quarter. GGM Financials LLC bought a new position in shares of AT&T during the third quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T during the fourth quarter worth about $25,000. OFI Invest Asset Management grew its position in shares of AT&T by 84.2% during the fourth quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock worth $27,000 after acquiring an additional 496,804 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of AT&T in the 4th quarter worth about $29,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Down 1.2%

AT&T stock opened at $25.75 on Thursday. The stock has a market cap of $179.83 billion, a price-to-earnings ratio of 8.64, a PEG ratio of 0.94 and a beta of 0.34. 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 company’s 50-day moving average price is $27.55 and its two-hundred day moving average price is $26.04. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion during the quarter, compared to analyst estimates 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 for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business 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 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Friday, April 10th. AT&T’s dividend payout ratio is 37.25%.

AT&T News Roundup

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

• Positive Sentiment: Erste Group raised its EPS forecasts for AT&T — analysts bumped FY2027 to $2.56 (from $2.54) and earlier lifted FY2026 to $2.31, signaling modest upward revisions to consensus outlooks that support valuation. Erste upgrade and Marketbeat ticker
• Positive Sentiment: AT&T is emphasizing bundled phone + fiber offerings to reduce churn and stabilize growth — management is pushing converged packages as subscriber growth in phone slows, which could help defend ARPU and margins over time. AT&T Bets On Bundled Phone And Fiber To Steady Growth
• Neutral Sentiment: AT&T launched the 2026 AT&T Small Business Contest — positive PR and customer engagement but limited direct near-term financial impact. AT&T Celebrates Small Business Owners
• Neutral Sentiment: Investor interest and media coverage highlight AT&T’s high dividend yield and historical value-story; these pieces keep the stock on income investors’ radar but don’t change fundamentals. Verizon vs. AT&T dividend comparison
• Neutral Sentiment: Regulatory/technology items (e.g., FCC activity around satellite direct-to-device networks) could open new coverage avenues via partners but are currently speculative for AT&T’s near-term results. FCC approval and AST SpaceMobile
• Negative Sentiment: T-Mobile’s aggressive broadband/fiber expansion is an increasingly direct threat — its joint-venture model and rapid broadband subscriber additions raise competitive risk to AT&T’s broadband and wireless customer growth and could pressure pricing and retention. T-Mobile’s Broadband Blitz Puts Cable on Notice

Analyst Upgrades and Downgrades

T has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. KeyCorp raised their price target on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Sanford C. Bernstein cut their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Wells Fargo & Company reduced their price objective 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. Finally, Oppenheimer increased their price objective on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $30.55.

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.