Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Holdings in AT&T Inc. $T

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in AT&T Inc. (NYSE:T) by 4.6% in the 4th quarter, Holdings Channel reports. The fund owned 2,295,470 shares of the technology company’s stock after purchasing an additional 101,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AT&T were worth $57,019,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Viewpoint Capital Management LLC boosted its stake in AT&T by 1.3% in the 4th quarter. Viewpoint Capital Management LLC now owns 48,275 shares of the technology company’s stock worth $1,199,000 after buying an additional 615 shares during the last quarter. FLC Capital Advisors grew its holdings in AT&T by 1.9% in the 4th quarter. FLC Capital Advisors now owns 27,638 shares of the technology company’s stock valued at $687,000 after buying an additional 517 shares during the period. Lifestyle Asset Management Inc. grew its holdings in AT&T by 3.6% in the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after buying an additional 368 shares during the period. SlateStone Wealth LLC grew its holdings in AT&T by 6.7% in the 4th quarter. SlateStone Wealth LLC now owns 15,446 shares of the technology company’s stock valued at $384,000 after buying an additional 965 shares during the period. Finally, Prudential PLC grew its holdings in AT&T by 5.4% in the 4th quarter. Prudential PLC now owns 754,121 shares of the technology company’s stock valued at $18,732,000 after buying an additional 38,376 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

T has been the topic of several research analyst reports. BNP Paribas Exane decreased their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. KeyCorp raised their target price on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Tuesday, March 10th. Scotiabank lowered their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. Finally, Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.55.

AT&T News Summary

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

• Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
• Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
• Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
• Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
• Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
• Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title

AT&T Stock Performance

Shares of T stock opened at $22.79 on Friday. AT&T Inc. has a 12 month low of $22.33 and a 12 month high of $29.79. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The firm has a market capitalization of $158.32 billion, a P/E ratio of 7.65, a P/E/G ratio of 0.95 and a beta of 0.21. The company’s fifty day moving average price is $25.90 and its two-hundred day moving average price is $25.95.

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

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is 37.25%.

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.