Bokf Na Reduces Holdings in AT&T Inc. $T

Bokf Na trimmed its stake in AT&T Inc. (NYSE:T) by 16.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 247,249 shares of the technology company’s stock after selling 49,453 shares during the period. Bokf Na’s holdings in AT&T were worth $6,142,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of AT&T by 1.0% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 1,010,475 shares of the technology company’s stock valued at $25,100,000 after buying an additional 9,722 shares during the last quarter. Cresta Advisors Ltd. purchased a new position in AT&T during the 4th quarter worth $26,000. RNC Capital Management LLC grew its position in AT&T by 0.9% during the 4th quarter. RNC Capital Management LLC now owns 2,184,882 shares of the technology company’s stock worth $54,272,000 after purchasing an additional 18,500 shares during the last quarter. Alta Wealth Advisors LLC grew its position in AT&T by 14.5% during the 4th quarter. Alta Wealth Advisors LLC now owns 8,791 shares of the technology company’s stock worth $218,000 after purchasing an additional 1,114 shares during the last quarter. Finally, Falcon Wealth Planning grew its position in AT&T by 10.3% during the 4th quarter. Falcon Wealth Planning now owns 9,014 shares of the technology company’s stock worth $224,000 after purchasing an additional 844 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Down 1.3%

T stock opened at $25.57 on Thursday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The stock has a market capitalization of $177.66 billion, a PE ratio of 8.58, a price-to-earnings-growth ratio of 0.95 and a beta of 0.23. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The company has a fifty day moving average of $27.42 and a 200-day moving average of $26.04.

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

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

Key AT&T News

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

• Positive Sentiment: Management ramped share repurchases so that buybacks exceeded dividends for the first time, lifting total shareholder yield above 8% and signaling an aggressive capital-return posture that can support the stock and EPS over time. Read More.
• Positive Sentiment: Third-party testing and AT&T PR highlight that AT&T leads the U.S. in upload speeds (fiber + wireless converged), which strengthens the company’s competitive positioning for higher-value consumer and business services. Read More.
• Positive Sentiment: Lumen completed the sale of its consumer fiber-to-the-home business to AT&T, a deal that accelerates AT&T’s fiber footprint and subscriber scale (potentially supporting long-term broadband growth). Read More.
• Neutral Sentiment: AT&T Business is partnering with Geoforce on the GT1c rugged cellular tracker — a niche commercial win that expands AT&T’s IoT/asset-tracking use cases but is unlikely to move near-term revenue materially. Read More.
• Neutral Sentiment: Recent coverage of AT&T wireless plans and prepaid recharge options is product-level detail that helps customer-facing positioning but has limited immediate impact on the stock. Read More.
• Negative Sentiment: Offsetting positives: AT&T’s FY‑2026 EPS guidance (about $2.25–$2.35) and a strategic tilt from dividends toward buybacks may unsettle income-focused investors who preferred steady dividend growth; combined with modest trading volume, these factors help explain downward pressure on the share price today.

Analysts Set New Price Targets

Several brokerages have issued reports on T. Sanford C. Bernstein lowered their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research report on Tuesday, March 10th. Wells Fargo & Company lowered their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Barclays lowered their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. Finally, UBS Group reissued a “buy” rating 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, thirteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company 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.