AT&T Inc. $T Shares Sold by Boothbay Fund Management LLC

Boothbay Fund Management LLC reduced its stake in AT&T Inc. (NYSE:T) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,236,733 shares of the technology company’s stock after selling 108,193 shares during the quarter. AT&T comprises 0.5% of Boothbay Fund Management LLC’s holdings, making the stock its 8th largest holding. Boothbay Fund Management LLC’s holdings in AT&T were worth $34,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Front Row Advisors LLC acquired a new stake in AT&T during the 2nd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. lifted its position in shares of AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC bought a new stake in shares of AT&T in the 3rd quarter valued at $25,000. Cloud Capital Management LLC bought a new stake in shares of AT&T in the 3rd quarter valued at $31,000. Finally, Kilter Group LLC acquired a new stake in shares of AT&T during the second quarter worth $32,000. 57.10% of the stock is currently owned by institutional investors.

AT&T Trading Up 1.3%

NYSE:T opened at $27.73 on Friday. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $194.15 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 1.03 and a beta of 0.39. The firm has a fifty day simple moving average of $26.31 and a two-hundred day simple moving average of $26.30.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating 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 analyst estimates of $32.91 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The business’s quarterly 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. Analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is 36.39%.

Key Stories Impacting AT&T

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

Analyst Upgrades and Downgrades

T has been the subject of a number of analyst reports. KeyCorp reissued an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a report on Monday, December 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research note on Tuesday, March 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $30.35.

About AT&T

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.