AustralianSuper Pty Ltd Acquires 2,080,856 Shares of AT&T Inc. $T

AustralianSuper Pty Ltd boosted its holdings in AT&T Inc. (NYSE:T) by 94.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,289,751 shares of the technology company’s stock after purchasing an additional 2,080,856 shares during the quarter. AustralianSuper Pty Ltd’s holdings in AT&T were worth $106,557,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in T. GGM Financials LLC purchased a new position in shares of AT&T during the third quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T in the 4th quarter valued at $25,000. Cresta Advisors Ltd. purchased a new stake in AT&T in the 4th quarter valued at $26,000. OFI Invest Asset Management lifted its stake in AT&T by 84.2% during the 4th quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock valued at $27,000 after acquiring an additional 496,804 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in AT&T during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of T stock opened at $24.66 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market cap of $171.31 billion, a price-to-earnings ratio of 8.27, a P/E/G ratio of 0.91 and a beta of 0.23. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm’s 50-day simple moving average is $27.05 and its two-hundred day simple moving average is $26.02.

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

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on T shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price target on shares of AT&T in a report on Thursday, January 29th. Williams Trading set a $32.00 target price on shares of AT&T in a research report on Thursday, January 29th. KeyCorp boosted their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a report on Tuesday, March 10th. Finally, TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from 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: AT&T joined Verizon and T-Mobile in a proposed joint venture to address rural coverage dead zones with satellite-enabled services, a potential long-term boost to network performance and customer retention. US wireless carriers to launch joint venture to address rural ‘dead zones’
• Positive Sentiment: AT&T announced preliminary results from its 2026 annual meeting, and all 10 board nominees were re-elected, signaling governance continuity and shareholder support. AT&T Announces Preliminary Results of 2026 Annual Meeting
• Neutral Sentiment: AT&T’s shareholder/analyst call transcript may draw attention to management’s strategy and capital allocation plans, but the headline itself does not signal a major new catalyst. AT&T Inc. (T) Shareholder/Analyst Call Transcript
• Neutral Sentiment: Coverage comparing AT&T and Verizon is likely to reinforce the competitive backdrop in wireless, but it is more of an industry discussion than a direct earnings or guidance driver. AT&T vs. Verizon: Is It Time to Switch Your Phone Service?
• Neutral Sentiment: AT&T’s recent long-dated debt offering and NG911 partnership highlight ongoing financing and network-infrastructure activity, but the impact on the stock is likely incremental rather than immediate. How AT&T’s US$6 Billion Long-Dated Debt Deal and NG911 Tie-Up Will Impact AT&T (T) Investors

AT&T Company 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.