Danske Bank A S increased its holdings in AT&T Inc. (NYSE:T – Free Report) by 9.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,848,606 shares of the technology company’s stock after buying an additional 346,059 shares during the quarter. Danske Bank A S’s holdings in AT&T were worth $95,599,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the business. Gentry Private Wealth LLC raised its holdings in AT&T by 1.7% in the 3rd quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock worth $665,000 after purchasing an additional 393 shares during the period. Thoroughbred Financial Services LLC raised its holdings in AT&T by 2.8% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock worth $419,000 after purchasing an additional 406 shares during the period. Arkfeld Wealth Strategies L.L.C. raised its holdings in AT&T by 1.6% in the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 25,869 shares of the technology company’s stock worth $700,000 after purchasing an additional 415 shares during the period. Kercheville Advisors LLC raised its holdings in AT&T by 1.5% in the 3rd quarter. Kercheville Advisors LLC now owns 27,318 shares of the technology company’s stock worth $771,000 after purchasing an additional 416 shares during the period. Finally, Fortis Group Advisors LLC raised its holdings in AT&T by 0.6% in the 3rd quarter. Fortis Group Advisors LLC now owns 75,396 shares of the technology company’s stock worth $2,129,000 after purchasing an additional 422 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.
AT&T Price Performance
Shares of AT&T stock opened at $26.18 on Friday. The business has a 50 day simple moving average of $27.52 and a two-hundred day simple moving average of $26.05. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The stock has a market capitalization of $181.87 billion, a P/E ratio of 8.78, a PEG ratio of 0.95 and a beta of 0.34. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87.
AT&T Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.
Wall Street Analysts Forecast Growth
T has been the subject of a number of analyst reports. KeyCorp upped their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Morgan Stanley initiated coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target for the company. BNP Paribas Exane reduced their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. Finally, Sanford C. Bernstein reduced their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and an average target price of $30.55.
Check Out Our Latest Stock Analysis on T
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Product/service expansion — AT&T launched Dynamic Defense cybersecurity for SMBs on AT&T Business Fiber and added RapidSOS HARMONY AI support on AT&T ESInet, positioning the company to sell higher‑margin, network-based security and public‑safety services beyond connectivity. This helps the growth outlook and cross‑sell potential to business customers. Article Link
- Positive Sentiment: Analyst upgrades — Erste Group nudged up its EPS forecasts (FY2026 to ~$2.31 and FY2027 to ~$2.56), showing modest analyst confidence in AT&T’s near‑term earnings power. Upward estimate revisions tend to support the stock and reduce haircut risk on valuation. Analyst Note
- Neutral Sentiment: Brand/SMB marketing push — AT&T opened submissions for its 2026 Small Business Contest (one $50k prize) to deepen small‑business relationships; useful for marketing and customer acquisition but unlikely to move near‑term revenue materially. Article Link
- Neutral Sentiment: Income stock narratives persist — Recent pieces comparing AT&T’s dividend yield to Verizon and historical dividend performance keep income investors focused on yield vs. growth tradeoffs; these stories can attract buyers but also reinforce valuation sensitivity. Fool Article Barchart Article
- Neutral Sentiment: Prepaid/network coverage pieces — Coverage of AT&T’s prepaid plans and mobile services is informational and may support subscriber sentiment but is unlikely to drive a material re‑rating on its own. Article Link
- Negative Sentiment: Valuation/performance caution — Coverage notes that AT&T shares “lag targets” despite new offerings, reflecting lingering investor concern about growth trajectory and how quickly new services will translate into meaningful EBITDA or margin expansion; that skepticism can cap upside until revenues and margins visibly improve. Article Link
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.
See Also
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