GC Wealth Management RIA LLC Has $462,000 Stock Holdings in AT&T Inc. $T

GC Wealth Management RIA LLC lessened its holdings in shares of AT&T Inc. (NYSE:T) by 80.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,597 shares of the technology company’s stock after selling 74,484 shares during the quarter. GC Wealth Management RIA LLC’s holdings in AT&T were worth $462,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in T. Amundi lifted its position in shares of AT&T by 67.5% during the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after purchasing an additional 17,040,328 shares during the last quarter. Woodline Partners LP lifted its position in shares of AT&T by 931.4% during the 3rd quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after purchasing an additional 7,249,373 shares during the last quarter. SG Americas Securities LLC increased its stake in AT&T by 222.7% during the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after acquiring an additional 4,725,382 shares during the period. California Public Employees Retirement System increased its stake in AT&T by 23.2% during the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock valued at $691,111,000 after acquiring an additional 4,613,259 shares during the period. Finally, Invesco Ltd. increased its stake in AT&T by 8.6% during the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after acquiring an additional 4,584,316 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price target on shares of AT&T in a research note on Thursday, January 29th. BNP Paribas Exane lowered their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Scotiabank lowered their price target 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. Finally, Oppenheimer boosted their price target on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

AT&T News Summary

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

• Positive Sentiment: Erste Group raised its FY2027 EPS estimate modestly (to $2.56), suggesting improving analyst models for AT&T’s profitability and helping the valuation story and dividend coverage. (Research note reported April 27)
• Positive Sentiment: Broker consensus target remains above the stock: a $30.70 consensus target was reported, which supports upside vs. the current trading range and may anchor buy-side interest. Article Title
• Positive Sentiment: AT&T launched new cybersecurity (Dynamic Defense for SMBs on AT&T Business Fiber) and public-safety offerings (RapidSOS HARMONY AI on AT&T ESInet), expanding higher-margin services beyond wireless/fiber and reinforcing enterprise revenue diversification. That strategic push can support revenue mix improvements over time. Article Title
• Positive Sentiment: Zacks argues AT&T is a strong value stock based on style scores and earnings yield — a narrative that can attract value-oriented investors given AT&T’s dividend yield and low PE. Article Title
• Neutral Sentiment: Yield comparison pieces highlight income appeal (AT&T ~4.3% vs. Verizon ~6%) — useful for income investors but not a catalyst by itself; emphasis is on relative income vs. longer-term total return. Article Title
• Neutral Sentiment: Several market/sector pieces (SpaceX/chip supplier roundup, and an unrelated Lumen preview) mention broader thematic moves that don’t directly affect AT&T’s fundamentals today but shape investor risk appetite across telecom and tech. Article Title Article Title
• Negative Sentiment: Jim Cramer publicly characterized AT&T as offering income but lacking growth, a high-profile critique that can reinforce sell-side skepticism among retail investors and pressure the stock multiple. Article Title
• Negative Sentiment: Analytical pieces flag structural threats AT&T may have missed, raising concerns about competitive pressures and long-term growth headwinds — these narratives can weigh on investor confidence and valuation if they gain traction. Article Title

AT&T Trading Up 0.1%

Shares of T opened at $26.15 on Friday. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $181.70 billion, a price-to-earnings ratio of 8.78, a P/E/G ratio of 0.96 and a beta of 0.23. The stock’s 50-day moving average price is $27.52 and its 200 day moving average price is $26.05.

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

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is currently 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.