Harvest Portfolios Group Inc. Raises Stock Position in AT&T Inc. $T

Harvest Portfolios Group Inc. lifted its stake in shares of AT&T Inc. (NYSE:T) by 15.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 366,052 shares of the technology company’s stock after buying an additional 48,363 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in AT&T were worth $9,093,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Rhumbline Advisers increased its holdings in AT&T by 0.4% during the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after buying an additional 49,727 shares during the period. Wealthfront Advisers LLC increased its holdings in AT&T by 4.9% during the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after buying an additional 66,448 shares during the period. Public Sector Pension Investment Board increased its holdings in AT&T by 140.8% during the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after buying an additional 1,689,073 shares during the period. Annex Advisory Services LLC increased its holdings in AT&T by 749.1% during the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after buying an additional 140,802 shares during the period. Finally, World Investment Advisors increased its holdings in AT&T by 85.0% during the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after buying an additional 155,728 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T reiterated its 2026 and multi-year financial, operational, and capital return guidance, which should reassure investors that management is staying on plan. John Stankey to Update Shareholders at J.P. Morgan Global Technology, Media and Communications Conference on May 19
• Positive Sentiment: AT&T Fiber was ranked #1 in customer satisfaction for the fourth year in a row by the American Customer Satisfaction Index, reinforcing the competitiveness of its broadband offering. Four Years at #1: AT&T Fiber Customers Are the Happiest
• Positive Sentiment: Management commentary at the J.P. Morgan conference emphasized fiber and 5G investments, which supports AT&T’s long-term growth and convergence strategy. AT&T Inc. (T) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Media coverage framed AT&T as a value stock and compared it with Verizon, but this appears more like investor commentary than a direct catalyst. Why AT&T (T) is a Top Value Stock for the Long-Term
• Neutral Sentiment: AT&T’s CEO said the company is seeking skilled trade workers, reflecting hiring priorities tied to network buildout rather than a material near-term earnings driver. The AI economy is rewriting the American Dream — and blue-collar workers are poised to win
• Negative Sentiment: New travel eSIM plans were described as more expensive, which could be a small headwind for consumer sentiment, though the impact looks limited. AT&T just answered T-Mobile with more expensive travel eSIM plans

AT&T Price Performance

NYSE T opened at $24.93 on Wednesday. The firm’s fifty day simple moving average is $26.79 and its two-hundred day simple moving average is $26.00. The company has a current ratio of 0.92, a quick ratio of 0.87 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 firm has a market capitalization of $173.23 billion, a P/E ratio of 8.37, a P/E/G ratio of 0.90 and a beta of 0.23.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the previous year, the company earned $0.51 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts forecast that AT&T Inc. will post 2.31 EPS for the current fiscal 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 issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

T has been the subject of a number of analyst reports. UBS Group restated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Thursday, February 12th. Morgan Stanley began coverage on shares of AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price for the company. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research report on Tuesday, March 10th. Finally, Citigroup increased their price target on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

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.