AT&T Inc. $T Shares Purchased by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. increased its holdings in shares of AT&T Inc. (NYSE:T) by 91.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 153,217 shares of the technology company’s stock after acquiring an additional 73,029 shares during the quarter. Beese Fulmer Investment Management Inc.’s holdings in AT&T were worth $3,806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Millennium Capital Advisors LLC acquired a new stake in AT&T during the fourth quarter worth about $784,000. Canada Post Corp Registered Pension Plan increased its stake in shares of AT&T by 17.8% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 250,647 shares of the technology company’s stock valued at $6,226,000 after purchasing an additional 37,960 shares during the period. WealthPlan Investment Management LLC increased its stake in shares of AT&T by 415.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 63,357 shares of the technology company’s stock valued at $1,574,000 after purchasing an additional 51,055 shares during the period. Dana Investment Advisors Inc. increased its stake in shares of AT&T by 13.4% in the fourth quarter. Dana Investment Advisors Inc. now owns 311,873 shares of the technology company’s stock valued at $7,747,000 after purchasing an additional 36,926 shares during the period. Finally, Qsemble Capital Management LP increased its stake in shares of AT&T by 2,723.9% in the fourth quarter. Qsemble Capital Management LP now owns 425,387 shares of the technology company’s stock valued at $10,567,000 after purchasing an additional 410,323 shares during the period. Institutional investors and hedge funds 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: AT&T joined Verizon and T-Mobile in a proposed joint venture to expand coverage in rural and hard-to-reach areas, which could improve service quality and strengthen the carriers’ competitive positioning over time. US wireless carriers to launch joint venture to address rural ‘dead zones’
• Positive Sentiment: Investors are also digesting AT&T’s shareholder/analyst meeting results, including the re-election of all 10 board nominees, which signals governance stability. AT&T Announces Preliminary Results of 2026 Annual Meeting
• Neutral Sentiment: Several articles compared AT&T with Verizon, T-Mobile, and even AST SpaceMobile, reflecting ongoing investor debate about which connectivity strategy will win as the industry shifts toward fiber and satellite-enabled service. AT&T vs AST SpaceMobile: Which Connectivity Stock Should You Bet On?
• Neutral Sentiment: AT&T’s recent shareholder/analyst call transcript has drawn attention, but no major new surprise from the transcript appears to be driving the move on its own. AT&T Inc. (T) Shareholder/Analyst Call Transcript
• Negative Sentiment: Despite the strategic headlines, AT&T remains well below its recent moving averages, suggesting investors are still cautious about growth, leverage, and execution risk.

AT&T Trading Down 2.5%

AT&T stock opened at $24.05 on Friday. The firm has a 50 day simple moving average of $26.95 and a 200-day simple moving average of $26.00. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The stock has a market capitalization of $167.07 billion, a PE ratio of 8.07, a price-to-earnings-growth ratio of 0.88 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.

AT&T (NYSE:T) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts expect that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders 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 dividend yield of 4.6%. AT&T’s dividend payout ratio (DPR) is 37.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Wells Fargo & Company dropped their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. KeyCorp raised their price target on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Morgan Stanley assumed coverage on shares of AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target on the stock. Finally, TD Cowen restated a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

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.