Capital World Investors Sells 86,072 Shares of AT&T Inc. $T

Capital World Investors cut its holdings in shares of AT&T Inc. (NYSE:T) by 0.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,122,762 shares of the technology company’s stock after selling 86,072 shares during the quarter. Capital World Investors owned approximately 0.64% of AT&T worth $1,274,267,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. J. L. Bainbridge & Co. Inc. grew its holdings in AT&T by 1.7% in the 2nd quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after buying an additional 355 shares in the last quarter. Financial & Tax Architects LLC boosted its stake in shares of AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after purchasing an additional 356 shares in the last quarter. Investment Partners LTD. grew its holdings in shares of AT&T by 3.5% during the 2nd quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock valued at $303,000 after purchasing an additional 357 shares during the last quarter. Global Wealth Strategies & Associates increased its position in AT&T by 10.7% during the 3rd quarter. Global Wealth Strategies & Associates now owns 4,025 shares of the technology company’s stock worth $114,000 after purchasing an additional 390 shares in the last quarter. Finally, Gentry Private Wealth LLC increased its position in AT&T by 1.7% during the 3rd quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock worth $665,000 after purchasing an additional 393 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. The Goldman Sachs Group cut their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Wells Fargo & Company reduced their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Finally, Citigroup dropped their target price on AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $30.35.

AT&T Trading Up 0.6%

Shares of AT&T stock opened at $27.71 on Wednesday. The stock has a market capitalization of $193.95 billion, a PE ratio of 9.08, a price-to-earnings-growth ratio of 1.03 and a beta of 0.39. The stock has a 50 day moving average price of $26.16 and a two-hundred day moving average price of $26.31. 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 Inc. has a 52 week low of $22.95 and a 52 week high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. The firm had revenue of $33.47 billion during 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%. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. The ex-dividend date of this dividend 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 is 36.39%.

Key Stories Impacting AT&T

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

• Positive Sentiment: Management announced a more than $250 billion commitment to upgrade and expand U.S. network infrastructure over the next five years — pitched as positioning AT&T to be the telecom provider of choice for the “AI age,” and to expand rural/satellite coverage. This is being framed as a long-term growth and competitive investment. AT&T to invest $250 billion over five years in US to boost infrastructure (Reuters)
• Positive Sentiment: Wall Street commentary and features highlight the $250B plan as a catalyst for renewed growth; some analysts view higher capex and possible acquisitions as drivers for a multi-year rally. AT&T to spend $250B over five years to improve U.S. network infrastructure (Seeking Alpha)
• Positive Sentiment: AT&T is partnering with AWS to support last-mile AI workloads — a strategic move that pairs network scale with cloud AI capabilities and could drive higher-margin enterprise services. AT&T pairs with AWS to support last-mile AI workloads (Data Center Dynamics)
• Neutral Sentiment: Analysts updated ratings: Scotiabank raised its price target to $31 and maintains sector perform — signaling more constructive analyst sentiment even as opinions vary. Scotiabank raises AT&T target (Benzinga)
• Neutral Sentiment: Corporate visibility events this week (Deutsche Bank conference presentation; NYSE bell-ringing for the company’s 150th anniversary) increase investor access to management but are routine and informational. AT&T presentation transcript (Seeking Alpha)
• Negative Sentiment: Big-ticket capex raises execution and near-term cash-flow questions — some investors and commentators caution that $250B of spending could strain free cash flow, slow buybacks/dividends or pressure returns if rollout or monetization lags. That concern is tempering some market reaction. Analysis noting Wall Street caution on capex (Seeking Alpha)

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.