Envestnet Asset Management Inc. Has $416.87 Million Position in AT&T Inc. $T

Envestnet Asset Management Inc. cut its stake in shares of AT&T Inc. (NYSE:T) by 4.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,761,610 shares of the technology company’s stock after selling 762,279 shares during the period. Envestnet Asset Management Inc. owned about 0.21% of AT&T worth $416,868,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. J. L. Bainbridge & Co. Inc. raised its stake in shares of AT&T by 1.7% during the 2nd quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock worth $615,000 after purchasing an additional 355 shares in the last quarter. Financial & Tax Architects LLC grew its stake in shares of AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after buying an additional 356 shares in the last quarter. Roberts Glore & Co. Inc. IL increased its holdings in AT&T by 2.0% in the second quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock worth $532,000 after buying an additional 357 shares during the last quarter. Investment Partners LTD. raised its position in AT&T by 3.5% during the second quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock valued at $303,000 after acquiring an additional 357 shares in the last quarter. Finally, Parcion Private Wealth LLC lifted its stake in AT&T by 2.5% in the second quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock valued at $431,000 after acquiring an additional 364 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Up 1.5%

Shares of T stock opened at $27.22 on Thursday. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $192.97 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 1.00 and a beta of 0.39. The stock has a 50 day moving average of $24.56 and a 200-day moving average of $26.33.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the firm earned $0.43 EPS. The business’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

Wall Street Analyst Weigh In

T has been the topic of several analyst reports. Scotiabank restated a “sector perform” rating and set a $29.50 price target on shares of AT&T in a research note on Wednesday, January 7th. Wall Street Zen downgraded shares of AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Arete Research set a $20.00 target price on AT&T in a report on Tuesday, January 6th. KeyCorp reaffirmed an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and an average price target of $29.83.

Key Stories Impacting AT&T

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

• Positive Sentiment: Q4 results and forward guide beat expectations — AT&T reported a fourth-quarter beat driven by wireless and fiber strength and set FY‑2026 EPS guidance of $2.25–$2.35, supporting valuation and income-focused investor interest. AT&T (T) Delivers Q4 Earnings Beat on Strong Fiber and Wireless Growth
• Positive Sentiment: Fiber footprint expansion — AT&T completed a $5.75B buyout of Lumen fiber assets, adding 1M+ subscribers and ~4M fiber-enabled locations across 32 states, accelerating broadband growth and ARPU potential. Will AT&T’s Fiber Assets Buyout From Lumen Drive Its Future Growth?
• Positive Sentiment: AI deployment to cut fraud and wait times — AT&T is rolling out autonomous AI agents (e.g., a network-integrated digital receptionist) to reduce scam/spam calls and customer service friction, which could lower operating costs and improve retention. AT&T Turns to Autonomous AI Agents to Slash Fraud and Customer Wait Times
• Positive Sentiment: Satellite/network partnerships — reports say AT&T is working with a Starlink competitor to expand coverage, a move that can extend service reach and support wholesale or retail connectivity products. AT&T is working with Amazon’s Starlink competitor to expand its network.
• Neutral Sentiment: Hiring push for bilingual call-center roles — local hiring events suggest AT&T is scaling customer support capacity (operationally positive but low near-term market impact). AT&T to host San Antonio hiring event for bilingual hybrid-remote call center positions. Here’s what you need to know.
• Negative Sentiment: Regulatory and reputational risk — Senator Maria Cantwell says AT&T (with Verizon) is blocking release of Salt Typhoon assessment reports and requested CEOs testify to Congress, which could spur regulatory scrutiny and short-term uncertainty. Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports

AT&T Company 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.