Dana Investment Advisors Inc. Increases Position in AT&T Inc. $T

Dana Investment Advisors Inc. grew its stake in AT&T Inc. (NYSE:T) by 13.4% during the fourth quarter, HoldingsChannel reports. The fund owned 311,873 shares of the technology company’s stock after acquiring an additional 36,926 shares during the quarter. Dana Investment Advisors Inc.’s holdings in AT&T were worth $7,747,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of AT&T by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock valued at $16,495,144,000 after acquiring an additional 3,585,661 shares during the period. State Street Corp grew its stake in AT&T by 0.8% during the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after buying an additional 2,704,536 shares during the last quarter. Capital Research Global Investors grew its stake in AT&T by 0.6% during the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after buying an additional 370,455 shares during the last quarter. Invesco Ltd. grew its stake in AT&T by 8.6% during the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after buying an additional 4,584,316 shares during the last quarter. Finally, Legal & General Group Plc grew its stake in AT&T by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock worth $1,371,322,000 after buying an additional 691,221 shares during the last quarter. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Stock Down 2.5%

AT&T stock opened at $24.05 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The business’s 50-day simple moving average is $26.95 and its two-hundred day simple moving average is $26.00. The company has a market cap of $167.07 billion, a PE ratio of 8.07, a PEG ratio of 0.88 and a beta of 0.23. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts anticipate that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.6%. The ex-dividend date was Friday, April 10th. AT&T’s payout ratio is presently 37.25%.

AT&T News Roundup

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

• Positive Sentiment: AT&T joined Verizon and T-Mobile in a proposed joint venture to expand coverage in rural and hard-to-reach areas, which could improve service quality and strengthen the carriers’ competitive positioning over time. US wireless carriers to launch joint venture to address rural ‘dead zones’
• Positive Sentiment: Investors are also digesting AT&T’s shareholder/analyst meeting results, including the re-election of all 10 board nominees, which signals governance stability. AT&T Announces Preliminary Results of 2026 Annual Meeting
• Neutral Sentiment: Several articles compared AT&T with Verizon, T-Mobile, and even AST SpaceMobile, reflecting ongoing investor debate about which connectivity strategy will win as the industry shifts toward fiber and satellite-enabled service. AT&T vs AST SpaceMobile: Which Connectivity Stock Should You Bet On?
• Neutral Sentiment: AT&T’s recent shareholder/analyst call transcript has drawn attention, but no major new surprise from the transcript appears to be driving the move on its own. AT&T Inc. (T) Shareholder/Analyst Call Transcript
• Negative Sentiment: Despite the strategic headlines, AT&T remains well below its recent moving averages, suggesting investors are still cautious about growth, leverage, and execution risk.

Analysts Set New Price Targets

T has been the topic of several research analyst reports. Oppenheimer boosted their target price on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Williams Trading set a $32.00 target price on AT&T in a research note on Thursday, January 29th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research note on Tuesday, March 10th. Morgan Stanley initiated coverage on AT&T in a research note on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price on the stock. Finally, UBS Group restated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average price target of $30.55.

About AT&T

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.