Kingswood Wealth Advisors LLC Acquires 25,134 Shares of AT&T Inc. $T

Kingswood Wealth Advisors LLC grew its holdings in AT&T Inc. (NYSE:T) by 51.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 74,038 shares of the technology company’s stock after buying an additional 25,134 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in AT&T were worth $1,839,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of T. Amundi raised its position in shares of AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after purchasing an additional 17,040,328 shares during the period. Woodline Partners LP raised its position in shares of AT&T by 931.4% in the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock valued at $226,702,000 after purchasing an additional 7,249,373 shares during the period. SG Americas Securities LLC grew its stake in AT&T by 222.7% during the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after acquiring an additional 4,725,382 shares in the last quarter. California Public Employees Retirement System grew its stake in AT&T by 23.2% during the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock valued at $691,111,000 after acquiring an additional 4,613,259 shares in the last quarter. Finally, Invesco Ltd. grew its stake in AT&T by 8.6% during the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after acquiring an additional 4,584,316 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE:T opened at $26.62 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.86 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The stock has a market cap of $185.87 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.95 and a beta of 0.34. The company has a 50 day moving average of $27.76 and a 200 day moving average of $26.05.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. During the same quarter in the previous year, the company earned $0.51 EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts forecast that AT&T Inc. will post 2.3 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s payout ratio is currently 36.39%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on T shares. Williams Trading set a $32.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Barclays reduced their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Oppenheimer boosted their price objective on shares of AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Finally, Citigroup boosted their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $30.70.

AT&T News Summary

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

• Positive Sentiment: Q1 beat — AT&T reported $31.51B revenue and $0.57 adjusted EPS, topping estimates, with strong postpaid and broadband adds that validate the bundling/convergence strategy. Read More.
• Positive Sentiment: Subscriber momentum — The company added more wireless subscribers and ~584k internet subscribers in Q1, with nearly 45% of advanced internet customers bundling wireless, supporting future ARPU and retention. Read More.
• Positive Sentiment: Fiber strategy endorsement — Multiple write-ups highlight broadband/fiber as a durable growth driver and a reason to favor the stock for income-plus-growth investors. Read More.
• Positive Sentiment: Income case remains intact — Coverage notes AT&T’s ~4.4% dividend yield and steady cash returns make it attractive for yield-focused portfolios despite near-term noise. Read More.
• Neutral Sentiment: Guidance reiterated — AT&T kept FY2026 EPS guidance at $2.25–$2.35 and reiterated capital return plans, which calms downside surprise risk but stops upside from an upgraded outlook. Read More.
• Neutral Sentiment: Analyst note — Scotiabank trimmed its price target slightly to $31.00 but keeps a “sector perform” view, signaling mixed-but-not-bearish sentiment. Read More.
• Negative Sentiment: Free cash flow and capex concerns — Investors focused on a year-over-year FCF decline (about $2.5B vs ~$3.1B prior year) tied to higher network investment (fiber capex), which pressured the stock despite the beat. Read More.
• Negative Sentiment: Analyst downgrade/target cut — BNP Paribas Exane cut its price target to $26 and set a “neutral” rating, a near-term headwind for sentiment given the lower implied upside. Read More.
• Negative Sentiment: Longer-term risks flagged — Some commentators warn that legacy revenue erosion and wireless margin pressures could constrain multi-year upside despite fiber gains. Read More.

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.