Pinnbrook Capital Management LP Purchases 54,647 Shares of AT&T Inc. $T

Pinnbrook Capital Management LP boosted its position in shares of AT&T Inc. (NYSE:T) by 29.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 238,895 shares of the technology company’s stock after acquiring an additional 54,647 shares during the quarter. Pinnbrook Capital Management LP’s holdings in AT&T were worth $6,746,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Regal Investment Advisors LLC boosted its position in shares of AT&T by 14.7% during the third quarter. Regal Investment Advisors LLC now owns 328,573 shares of the technology company’s stock valued at $9,279,000 after buying an additional 42,126 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in AT&T by 9.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 125,693 shares of the technology company’s stock valued at $3,550,000 after acquiring an additional 11,070 shares during the period. FORA Capital LLC purchased a new position in AT&T during the 3rd quarter valued at $1,767,000. FreeGulliver LLC bought a new position in AT&T in the 3rd quarter valued at $307,000. Finally, Jump Financial LLC purchased a new stake in AT&T in the third quarter worth $2,897,000. Institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: Management unveiled a $250 billion multi-year plan to upgrade AT&T into an essential AI-era connectivity platform, led by Jeff McElfresh — a long-term growth narrative that supports higher revenue opportunity from enterprise AI, edge and hyperscaler connectivity. Meet the executive behind AT&T’s $250 billion bid to become essential AI infrastructure
• Positive Sentiment: AT&T reiterated aggressive fiber and 5G expansion goals (including plans discussed publicly to reach many millions of locations by 2030), which investors view as positioning the company to capture AI-driven connectivity demand and higher-margin enterprise services. AT&T Inc. (T) Plans Major Fiber Expansion to 60 Million Locations by 2030
• Positive Sentiment: AT&T launched refreshed consumer wireless plans (Unlimited Your Way®) aimed at value and mix‑and‑match flexibility, a move that could stabilize gross adds and ARPU retention vs. rivals. AT&T Launches New Wireless Plans – Giving Customers More Value
• Positive Sentiment: An analyst upgrade (Arete to Neutral) and a $28 price target cited the company’s copper switch-off and improved cost profile, providing near-term technical/valuation support for the stock. Arete Upgrades AT&T (T) on Copper Switch-Off, Sets $28 Price Target
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B at 4.50%), signaling continued access to capital markets to fund the buildout but also adding to its debt maturity profile. AT&T Completes CAD-Denominated Long-Term Debt Offering
• Negative Sentiment: Investors are also weighing the scale and near-term cost of the $250B pledge — hiring, capex and execution risk could depress free cash flow and require sizable financing over years, which is a headline risk if revenue/efficiency gains lag. AT&T commits $250 billion investment to upgrade US telecom infrastructure for the AI era

Analysts Set New Price Targets

Several research analysts recently commented on T shares. Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Morgan Stanley dropped their target price on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research note on Tuesday. Finally, Citigroup dropped their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus price target of $30.35.

AT&T Price Performance

Shares of T opened at $27.73 on Friday. The company has a 50 day moving average price of $26.31 and a 200-day moving average price of $26.32. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The stock has a market capitalization of $194.15 billion, a PE ratio of 9.09, a PEG ratio of 1.02 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T’s revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $0.43 earnings per share. 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. Stockholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.0%. AT&T’s dividend payout ratio (DPR) is currently 36.39%.

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.