Coldstream Capital Management Inc. Has $9.78 Million Stock Holdings in AT&T Inc. $T

Coldstream Capital Management Inc. lessened its holdings in AT&T Inc. (NYSE:T) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 393,665 shares of the technology company’s stock after selling 36,951 shares during the period. Coldstream Capital Management Inc.’s holdings in AT&T were worth $9,779,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in T. Amundi raised its position in AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after purchasing an additional 17,040,328 shares in the last quarter. Woodline Partners LP grew its stake in AT&T by 931.4% during the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after buying an additional 7,249,373 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in AT&T during the fourth quarter worth about $126,050,000. 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 worth $170,076,000 after buying an additional 4,725,382 shares during the last quarter. Finally, 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 worth $691,111,000 after buying an additional 4,613,259 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T announced a new partnership with Lexus to bring its 5G connectivity into upcoming vehicles, a win that highlights demand for its wireless network and creates another potential growth avenue. AT&T Partners With Lexus, Here’s What You Should Know
• Positive Sentiment: The company also unveiled “Build-A-Plan,” a lower-priced, customizable wireless offering that could help AT&T attract budget-conscious customers and improve retention in a competitive market. AT&T Launches Build-A-Plan
• Positive Sentiment: AT&T is also being praised by some investors for its steady execution and value profile, with commentary pointing to solid operational discipline and compelling valuation. AT&T Gains From Steady Stagey Execution
• Positive Sentiment: Longer-term, AT&T outlined a $19 billion California fiber and wireless investment plan through 2030, reinforcing its infrastructure spending and modernization strategy. AT&T Makes $19 Billion Commitment to Bring High-Speed Connectivity to California
• Neutral Sentiment: AT&T, Verizon, and T-Mobile reportedly agreed in principle to form a joint venture to reduce mobile dead zones, which could support industry infrastructure investment but does not yet have a clear financial impact. Verizon, AT&T, and T-Mobile Form a Joint Venture to End Mobile Dead Zones Across the US
• Negative Sentiment: AT&T sued California to block requirements tied to its old copper-phone network, highlighting ongoing regulatory friction and the challenge of retiring legacy services. AT&T sues California in bid to stop offering traditional phone service
• Negative Sentiment: AT&T also faced criticism over a new prepaid admin fee and other pricing-related moves, which could weigh on sentiment if customers react negatively. AT&T is the first carrier to charge an admin fee for its prepaid plans
• Negative Sentiment: Analyst coverage after earnings notes AT&T is still down from its last report, suggesting investors remain cautious despite a recent beat on EPS and revenue. AT&T Down 4.8% Since Last Earnings Report: Can It Rebound?

Analyst Ratings Changes

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Citigroup upped their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research note on Wednesday. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research note on Tuesday, March 10th. Finally, TD Cowen reaffirmed a “hold” 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 issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Price Performance

T opened at $25.29 on Friday. AT&T Inc. has a one year low of $22.95 and a one year 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 company’s 50 day simple moving average is $26.65 and its 200-day simple moving average is $26.00. The stock has a market capitalization of $175.74 billion, a P/E ratio of 8.49, a price-to-earnings-growth ratio of 0.92 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 EPS for the quarter, beating 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 analysts’ expectations of $31.29 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. AT&T’s 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. Sell-side analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is currently 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.