Martingale Asset Management L P Has $41.86 Million Position in AT&T Inc. $T

Martingale Asset Management L P reduced its position in AT&T Inc. (NYSE:T) by 7.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,482,150 shares of the technology company’s stock after selling 126,723 shares during the quarter. AT&T makes up about 1.1% of Martingale Asset Management L P’s portfolio, making the stock its 9th largest position. Martingale Asset Management L P’s holdings in AT&T were worth $41,856,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares during the period. KBC Group NV grew its holdings in AT&T by 37.6% during the 2nd quarter. KBC Group NV now owns 2,004,013 shares of the technology company’s stock worth $57,996,000 after acquiring an additional 547,211 shares during the period. Accredited Investors Inc. raised its position in shares of AT&T by 6.7% in the 2nd quarter. Accredited Investors Inc. now owns 12,093 shares of the technology company’s stock worth $350,000 after acquiring an additional 760 shares in the last quarter. Bailard Inc. raised its position in shares of AT&T by 5.3% in the 2nd quarter. Bailard Inc. now owns 11,279 shares of the technology company’s stock worth $326,000 after acquiring an additional 567 shares in the last quarter. Finally, Horrell Capital Management Inc. lifted its stake in shares of AT&T by 2.1% in the 2nd quarter. Horrell Capital Management Inc. now owns 28,427 shares of the technology company’s stock valued at $823,000 after purchasing an additional 597 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Stock Performance

NYSE T opened at $27.34 on Friday. The company has a fifty day moving average price of $26.25 and a 200-day moving average price of $26.33. The firm has a market cap of $191.40 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 1.01 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period last year, the firm earned $0.43 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio is currently 36.39%.

Trending Headlines about AT&T

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

• Positive Sentiment: Oppenheimer upgraded AT&T and raised its price target to $32, citing stronger fundamentals and upside from the network plan; this analyst endorsement supports bullish interest. Oppenheimer Issues Positive Forecast for AT&T
• Positive Sentiment: Scotiabank raised its price target to $31, adding institutional support to the view that AT&T’s strategy (fiber + 5G) can re-rate the stock. Scotiabank Boosts AT&T Price Target
• Positive Sentiment: Arete Research upgraded T to Neutral (from Sell) and set a $28 target after modeling benefits from the copper switch‑off, implying margin and cost improvements. Arete Upgrades AT&T
• Positive Sentiment: AT&T reiterated an aggressive network expansion plan (aiming at far larger fiber footprint and a multi‑year $250B+ U.S. commitment), which analysts and suppliers (e.g., Corning) view as demand positive for fiber and 5G rollout. AT&T’s US$250b Network Plan
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B of 4.500% notes), a routine funding move that lengthens maturity profile but increases liabilities in the near term. AT&T Completes CAD Debt Offering
• Neutral Sentiment: AT&T announced local community investments (e.g., a Connected Learning Center grant) that are PR‑positive but immaterial to financials. Connected Learning Center Award
• Neutral Sentiment: Industry moves (Lumen’s pivot and fiber deals) highlight growing demand for long‑haul and metro fiber; this underscores structural tailwinds for AT&T’s fiber strategy but is an indirect dynamic. Lumen Turnaround and Fiber Deals
• Negative Sentiment: Some bearish commentary (e.g., Seeking Alpha “Sell the Rip”) warns that the recent run and headline investments could prompt near‑term profit taking and that valuation risk remains if execution slips. Sell The Rip
• Negative Sentiment: Press pieces noting the stock’s recent dip highlight investor concerns about funding the $250B plan, rising near‑term capex, and execution/hiring costs—factors that could pressure margins if not managed. Why AT&T Dipped

Analyst Ratings Changes

Several brokerages recently commented on T. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Scotiabank boosted their price target on AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a research note on Monday. Wells Fargo & Company cut their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. The Goldman Sachs Group reduced their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Finally, KeyCorp reiterated an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, AT&T has an average rating of “Moderate Buy” and a consensus price target of $30.35.

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.