Invesco Ltd. Has $1.63 Billion Holdings in AT&T Inc. $T

Invesco Ltd. lifted its holdings in AT&T Inc. (NYSE:T) by 8.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,823,362 shares of the technology company’s stock after purchasing an additional 4,584,316 shares during the quarter. Invesco Ltd. owned 0.82% of AT&T worth $1,632,932,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in AT&T by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after buying an additional 10,310,560 shares during the last quarter. State Street Corp boosted its stake in shares of AT&T by 2.4% during the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock worth $9,291,781,000 after buying an additional 7,404,376 shares during the last quarter. Norges Bank acquired a new position in shares of AT&T during the 2nd quarter worth about $2,228,655,000. Capital Research Global Investors grew its holdings in shares of AT&T by 0.6% in the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock valued at $1,852,765,000 after acquiring an additional 370,455 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of AT&T by 8.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after acquiring an additional 4,404,688 shares in 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: Oppenheimer upgraded AT&T and raised its price target to $32, citing stronger fundamentals and upside from the network plan; this analyst endorsement supports bullish interest. Oppenheimer Issues Positive Forecast for AT&T
• Positive Sentiment: Scotiabank raised its price target to $31, adding institutional support to the view that AT&T’s strategy (fiber + 5G) can re-rate the stock. Scotiabank Boosts AT&T Price Target
• Positive Sentiment: Arete Research upgraded T to Neutral (from Sell) and set a $28 target after modeling benefits from the copper switch‑off, implying margin and cost improvements. Arete Upgrades AT&T
• Positive Sentiment: AT&T reiterated an aggressive network expansion plan (aiming at far larger fiber footprint and a multi‑year $250B+ U.S. commitment), which analysts and suppliers (e.g., Corning) view as demand positive for fiber and 5G rollout. AT&T’s US$250b Network Plan
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B of 4.500% notes), a routine funding move that lengthens maturity profile but increases liabilities in the near term. AT&T Completes CAD Debt Offering
• Neutral Sentiment: AT&T announced local community investments (e.g., a Connected Learning Center grant) that are PR‑positive but immaterial to financials. Connected Learning Center Award
• Neutral Sentiment: Industry moves (Lumen’s pivot and fiber deals) highlight growing demand for long‑haul and metro fiber; this underscores structural tailwinds for AT&T’s fiber strategy but is an indirect dynamic. Lumen Turnaround and Fiber Deals
• Negative Sentiment: Some bearish commentary (e.g., Seeking Alpha “Sell the Rip”) warns that the recent run and headline investments could prompt near‑term profit taking and that valuation risk remains if execution slips. Sell The Rip
• Negative Sentiment: Press pieces noting the stock’s recent dip highlight investor concerns about funding the $250B plan, rising near‑term capex, and execution/hiring costs—factors that could pressure margins if not managed. Why AT&T Dipped

AT&T Stock Up 0.7%

Shares of T stock opened at $27.34 on Friday. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The stock has a market cap of $191.40 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 1.01 and a beta of 0.39. The firm’s 50-day moving average is $26.25 and its 200-day moving average is $26.33. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

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

AT&T Dividend Announcement

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

Analysts Set New Price Targets

T has been the topic of a number of recent research reports. Oppenheimer lifted their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday. Wells Fargo & Company decreased their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Morgan Stanley dropped their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Finally, Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $30.35.

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.