Adell Harriman & Carpenter Inc. Has $6.77 Million Position in AT&T Inc. $T

Adell Harriman & Carpenter Inc. raised its holdings in AT&T Inc. (NYSE:TFree Report) by 37.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 239,594 shares of the technology company’s stock after acquiring an additional 64,955 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in AT&T were worth $6,766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of T. Vanguard Group Inc. increased its position in shares of AT&T by 1.6% in the second quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after acquiring an additional 10,310,560 shares during the last quarter. State Street Corp raised its stake in AT&T by 2.4% in the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock worth $9,291,781,000 after purchasing an additional 7,404,376 shares in the last quarter. Geode Capital Management LLC raised its holdings in AT&T by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock valued at $4,958,066,000 after acquiring an additional 2,066,026 shares in the last quarter. Norges Bank acquired a new position in shares of AT&T in the 2nd quarter valued at approximately $2,228,655,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of AT&T by 8.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock worth $1,598,697,000 after buying an additional 4,404,688 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Price Performance

T opened at $26.89 on Wednesday. The stock has a market capitalization of $190.63 billion, a P/E ratio of 8.82, a PEG ratio of 0.98 and a beta of 0.39. The stock has a 50-day moving average price of $24.53 and a 200-day moving average price of $26.32. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79.

AT&T (NYSE:TGet Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. During the same period last year, the firm posted $0.43 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts predict that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Analyst Upgrades and Downgrades

Several research firms have commented on T. Morgan Stanley dropped their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. The Goldman Sachs Group lowered their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Citigroup dropped their price target on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Finally, Scotiabank restated a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and an average target price of $29.83.

Check Out Our Latest Research Report on T

Trending Headlines about AT&T

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

  • Positive Sentiment: Q4 beat and constructive outlook — AT&T posted a Q4 earnings beat with service revenue growth driven by wireless and fiber; management reaffirmed FY guidance (FY26 EPS range noted), signaling steady cash generation and execution. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?
  • Positive Sentiment: Lumen fiber deal closed — AT&T completed the $5.75B purchase of Lumen’s mass‑markets fiber business, adding 1M+ customers and ~4M fiber‑enabled locations across 32 states, accelerating subscriber growth and scale in broadband. Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T
  • Positive Sentiment: Stronger capital returns — Analysts and coverage note rising free cash flow, a ~4% dividend yield and a recent $10B buyback program, which support multiple expansion and investor demand for the stock. Why AT&T Stock Surged This Week
  • Neutral Sentiment: Talent and product initiatives — AT&T is hiring bilingual call‑center staff and partnering on connected‑health devices (Tango Belt) — incremental operating support but limited immediate stock impact. AT&T hiring event AT&T Tango Belt collaboration
  • Negative Sentiment: Congressional/security risk — Senator Maria Cantwell says AT&T and Verizon are blocking release of key Salt Typhoon security assessment reports and has asked their CEOs to testify; potential regulatory scrutiny, reputational risk and disclosure obligations could create near‑term volatility. Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports
  • Negative Sentiment: Legacy declines and margin pressure remain — analysts note that while fiber and 5G are growth drivers, legacy wireline declines and margin compression are ongoing risks that could limit near‑term profitability improvement. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?

About AT&T

(Free Report)

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.

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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