Sequoia Financial Advisors LLC Acquires 29,019 Shares of AT&T Inc. $T

Sequoia Financial Advisors LLC lifted its holdings in shares of AT&T Inc. (NYSE:T) by 6.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 473,089 shares of the technology company’s stock after purchasing an additional 29,019 shares during the period. Sequoia Financial Advisors LLC’s holdings in AT&T were worth $11,752,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in T. Amundi grew its holdings in shares of AT&T by 67.5% during the third 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 grew its holdings in shares of AT&T by 931.4% during the third 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. PFA Pension Forsikringsaktieselskab bought a new stake in shares of AT&T during the fourth quarter worth $126,050,000. SG Americas Securities LLC grew its holdings in shares of 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 worth $170,076,000 after purchasing an additional 4,725,382 shares during the last quarter. Finally, California Public Employees Retirement System grew its holdings in shares of 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 worth $691,111,000 after purchasing an additional 4,613,259 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T expanded its public?safety AI footprint with RapidSOS — RapidSOS HARMONY AI is now delivered over AT&T’s ESInet and integrated into NG911 infrastructure, with North Carolina rolling out statewide. This strengthens AT&T’s government/enterprise positioning, supports recurring infrastructure revenue and differentiation in emergency services. AT&T Expands Public Safety AI Footprint As Shares Screen Undervalued
• Positive Sentiment: Buybacks have overtaken dividends for the first time — Analyst coverage highlights that AT&T’s share repurchases now exceed dividend payouts, lifting total shareholder yield above 8%. That signals management is prioritizing capital returns and stock support, which can be bullish for valuation multiple and EPS per share over time. AT&T Crossed A Historical Point: Buybacks Surpassed Dividends For The First Time
• Neutral Sentiment: Price hikes on legacy wireless plans could boost near?term ARPU but risk customer pushback — CNET explains April increases to older AT&T wireless plans; the move can lift revenue per account but may increase churn or complaints if not managed. Investors should watch churn and migration metrics in coming quarters. Making Sense of AT&T’s Hiked Prices for Legacy Phone Plans
• Neutral Sentiment: Consumer plan guidance and prepaid options coverage — Summaries of AT&T’s wireless and prepaid offerings outline product/pricing options that matter for subscriber growth and ARPU; useful for tracking competitive positioning but not an immediate catalyst. AT&T Wireless Plans and Prepaid Recharge Options
• Neutral Sentiment: Unrelated market news flagged in the feed (Tutor Perini miss) — Not material to AT&T’s fundamentals; mentioned in the feed but does not affect AT&T’s business. Tutor Perini (NYSE:TPC) Misses Q1 CY2026 Sales Expectations, Stock Drops

AT&T Price Performance

AT&T stock opened at $25.24 on Friday. The business’s 50-day simple moving average is $27.36 and its 200 day simple moving average is $26.04. The stock has a market cap of $175.38 billion, a price-to-earnings ratio of 8.47, a P/E/G ratio of 0.94 and a beta of 0.23. 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.

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

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were issued a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.4%. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

Analysts Set New Price Targets

T has been the topic of several research analyst reports. BNP Paribas Exane decreased their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a report on Tuesday, March 10th. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Thursday, February 12th. Wells Fargo & Company decreased their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $30.55.

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.