Dimensional Fund Advisors LP Reduces Stock Position in AT&T Inc. $T

Dimensional Fund Advisors LP decreased its stake in shares of AT&T Inc. (NYSE:T) by 9.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 51,388,103 shares of the technology company’s stock after selling 5,133,061 shares during the quarter. Dimensional Fund Advisors LP’s holdings in AT&T were worth $1,451,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of AT&T by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock worth $19,139,620,000 after acquiring an additional 10,310,560 shares during the period. State Street Corp increased its position in AT&T by 2.4% during the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock worth $9,291,781,000 after purchasing an additional 7,404,376 shares during the last quarter. Geode Capital Management LLC increased its position in AT&T by 1.2% during the second quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock worth $4,958,066,000 after purchasing an additional 2,066,026 shares during the last quarter. Norges Bank purchased a new position in AT&T during the second quarter worth about $2,228,655,000. Finally, Ameriprise Financial Inc. boosted its holdings in AT&T by 8.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after purchasing an additional 4,404,688 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T closed its Lumen fiber deal ahead of schedule, adding over 1M subscribers and materially expanding AT&T Fiber’s reach; the company reaffirmed 2026 guidance and reiterated goals to reach ~40M fiber locations by year‑end, supporting revenue and subscriber-growth expectations. What’s Going On With AT&T Stock Tuesday?
• Positive Sentiment: Management and industry groups are touting AI gains: CEO John Stankey said AI made the company ~40% more efficient at MWC, and AT&T is a founding participant in GSMA’s Open Telco AI — signaling potential ongoing cost savings and new AI-enabled product/automation revenue. AT&T CEO John Stankey says AI made the company 40% more efficient
• Positive Sentiment: AT&T unveiled a Connected AI smart‑manufacturing platform that combines 5G, edge and generative AI to reduce downtime and boost efficiency — a commercial product that could expand enterprise revenue and margin upside if adoption scales. T Introduces Smart Manufacturing Solution
• Neutral Sentiment: Senior management presented at the Morgan Stanley TMT conference and COO Jeff McElfresh participated in a fireside chat — these events reinforce execution on the multi‑year growth strategy (fiber + wireless convergence) but are mainly informational. AT&T Presents at Morgan Stanley TMT Conference (Transcript) Jeff McElfresh to Update Shareholders
• Neutral Sentiment: AT&T joined open‑source telecom AI initiatives (Linux Foundation OCUDU, GSMA’s Open Telco AI) — this supports industry collaboration and potential cost-sharing on telco-grade models, but the commercial impact will take time to materialize. AT&T Balances Open Source Telecom AI Push GSMA launches Open Telco AI
• Negative Sentiment: Retail sentiment remains muted — online communities still recall AT&T’s large historical write‑downs, which can cap retail demand and increase volatility despite recent operational wins. Reddit Is Still Furious About AT&T’s $47 Billion Loss From Six Years Ago

AT&T Price Performance

T opened at $28.71 on Wednesday. The stock’s 50-day moving average price is $25.79 and its 200 day moving average price is $26.34. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The firm has a market cap of $200.99 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 1.04 and a beta of 0.39. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a dividend of $0.2775 per share. The ex-dividend date was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 3.9%. AT&T’s dividend payout ratio is 36.39%.

Wall Street Analyst Weigh In

T has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. Barclays reduced their target price on 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. Morgan Stanley decreased their price target on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Finally, Citigroup cut their price objective 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 equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

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.