Louisiana State Employees Retirement System Takes $10.34 Million Position in AT&T Inc. $T

Louisiana State Employees Retirement System purchased a new stake in AT&T Inc. (NYSE:T) in the 1st quarter, HoldingsChannel reports. The fund purchased 356,800 shares of the technology company’s stock, valued at approximately $10,344,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tsfg LLC lifted its holdings in shares of AT&T by 3.6% in the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after purchasing an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. grew its holdings in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after buying an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. grew its holdings in shares of AT&T by 1.2% during the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after buying an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC raised its position in AT&T by 1.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after buying an additional 374 shares during the period. Finally, Rockline Wealth Management LLC raised its position in AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock valued at $259,000 after buying an additional 378 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of NYSE T opened at $22.43 on Friday. The business’s 50-day moving average price is $24.48 and its two-hundred day moving average price is $25.66. 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 Inc. has a one year low of $21.99 and a one year high of $29.79. The company has a market capitalization of $155.87 billion, a P/E ratio of 7.53, a price-to-earnings-growth ratio of 0.93 and a beta of 0.21.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. AT&T’s dividend payout ratio is currently 37.25%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on T shares. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a report on Wednesday, May 20th. Scotiabank reduced their price target on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Finally, Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average target price of $30.55.

More AT&T News

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

• Positive Sentiment: AT&T reiterated its shareholder return profile by declaring a quarterly dividend of $0.2775 per share, implying an annualized yield of about 5%. That should help support demand from income-focused investors. AT&T Declares Dividends on Common and Preferred Shares
• Positive Sentiment: AT&T’s collaboration with Intrado to enhance next-generation 9-1-1 capabilities supports its move toward higher-value, modern telecom services and may improve the company’s long-term competitive positioning. Intrado and AT&T Strengthen Longstanding Collaboration to Support NG 9-1-1 Innovation
• Positive Sentiment: Independent research cited AT&T Fiber as a top home internet performer on speed, reliability, and video quality, reinforcing optimism around AT&T’s fiber rollout and growth strategy. Will AT&T’s (T) Fiber Momentum and Legacy Exit Plan Reshape Its Long-Term Connectivity Narrative?
• Neutral Sentiment: AT&T is also pursuing a year-end CFO transition and seeking FCC approval to discontinue certain legacy voice services, which highlights ongoing operational change but does not clearly signal near-term financial impact. Will AT&T’s (T) Fiber Momentum and Legacy Exit Plan Reshape Its Long-Term Connectivity Narrative?
• Neutral Sentiment: Analysts remain bullish and see meaningful upside, but that view has not yet offset the market’s recent pressure on the stock. AT&T (T) Trades Near Its 52-Week Low, But Analysts Remain Bullish
• Negative Sentiment: Shares have been under pressure as regulators in California push back on AT&T’s copper-network retirement plans, creating a policy overhang for the company’s legacy network exit strategy. What California’s Regulatory Resistance Means For AT&T Stock

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.