Shell Asset Management Co. Decreases Stake in AT&T Inc. $T

Shell Asset Management Co. lessened its stake in shares of AT&T Inc. (NYSE:T) by 53.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 72,655 shares of the technology company’s stock after selling 83,228 shares during the period. Shell Asset Management Co.’s holdings in AT&T were worth $2,052,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of T. Vanguard Group Inc. raised its stake in AT&T by 1.6% in 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 last quarter. State Street Corp raised its stake in shares of AT&T by 2.4% in 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 lifted its holdings in shares of 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 period. Norges Bank purchased a new stake in AT&T in the second quarter valued at approximately $2,228,655,000. Finally, Ameriprise Financial Inc. increased 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 worth $1,598,697,000 after buying an additional 4,404,688 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: AT&T CEO John Stankey reiterated a bullish long‑term growth outlook and emphasized the company’s focus on fiber expansion and network competitiveness — supportive for AT&T’s convergence strategy and investor confidence. Read More.
• Positive Sentiment: AT&T’s strategic collaboration with Amazon Web Services (including Amazon Leo) to migrate workloads and modernize its connectivity stack signals potential cost savings, faster product development and improved cloud-native network capabilities. Read More.
• Positive Sentiment: Analyst commentary and MarketBeat’s sector roundup highlight AT&T’s strong Q4 results, raised 2026 EPS guidance, and progress on fiber‑to‑postpaid convergence (higher cross‑sell of fiber + wireless), which underpins upside potential and dividend support. Read More.
• Neutral Sentiment: Space-based broadband progress at AST SpaceMobile (BlueBird 6) could create partnership opportunities for AT&T to extend coverage via satellites, but commercial benefits remain contingent on AST execution and contract activation. Read More.
• Negative Sentiment: T‑Mobile’s recent investor day and strong customer growth highlight competitive pressure in postpaid adds and fixed wireless — a factor that can limit AT&T’s near‑term subscriber upside and put pressure on market share. Read More.
• Negative Sentiment: T‑Mobile’s capital raise (euro‑denominated debt) to fund buybacks/dividends strengthens its financial flexibility and could amplify competitive returns versus AT&T if buybacks boost TMUS shares. Read More.
• Negative Sentiment: Local service reports (Anderson County) name both AT&T and T‑Mobile as experiencing issues — operational outages can dent near‑term sentiment, particularly if broader network reliability headlines accumulate. Read More.

Analyst Upgrades and Downgrades

T has been the topic of a number of research reports. Wall Street Zen lowered shares of AT&T from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley reduced their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Thursday. Loop Capital set a $29.00 price target on AT&T in a research report on Friday, December 19th. Finally, Williams Trading set a $32.00 price target on AT&T in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.93.

AT&T Stock Performance

Shares of T stock opened at $28.70 on Friday. 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 Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The business’s 50 day moving average is $24.88 and its two-hundred day moving average is $26.34. The company has a market capitalization of $200.88 billion, a P/E ratio of 9.41, a P/E/G ratio of 1.06 and a beta of 0.39.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the company posted $0.43 EPS. The business’s quarterly 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. Analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

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 $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. AT&T’s dividend payout ratio (DPR) is 36.39%.

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.