AT&T Inc. $T Stock Position Reduced by Mackenzie Financial Corp

Mackenzie Financial Corp lessened its stake in AT&T Inc. (NYSE:T) by 44.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,503,744 shares of the technology company’s stock after selling 4,435,263 shares during the quarter. Mackenzie Financial Corp’s holdings in AT&T were worth $155,426,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in T. Van ECK Associates Corp boosted its stake in shares of AT&T by 6.9% during the 3rd quarter. Van ECK Associates Corp now owns 372,483 shares of the technology company’s stock valued at $10,518,000 after buying an additional 23,894 shares during the period. Tabor Asset Management LP grew its holdings in shares of AT&T by 89.6% during the 3rd quarter. Tabor Asset Management LP now owns 225,971 shares of the technology company’s stock valued at $6,381,000 after acquiring an additional 106,804 shares in the last quarter. Tiemann Investment Advisors LLC increased its stake in shares of AT&T by 178.2% in the third quarter. Tiemann Investment Advisors LLC now owns 44,319 shares of the technology company’s stock worth $1,252,000 after acquiring an additional 28,390 shares during the last quarter. Capital Research Global Investors increased its stake in shares of AT&T by 0.6% in the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after acquiring an additional 370,455 shares during the last quarter. Finally, Capital International Inc. CA raised its holdings in shares of AT&T by 44.8% during the third quarter. Capital International Inc. CA now owns 94,820 shares of the technology company’s stock worth $2,678,000 after acquiring an additional 29,314 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

More AT&T News

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

• Positive Sentiment: Large, strategic capex commitment could drive long‑term revenue and market share gains (fiber, 5G, rural satellite, resilience, security, workforce). AT&T Announces $250 Billion Commitment
• Positive Sentiment: Recent analyst upgrades and higher price targets reflect buy‑side confidence in the plan and near‑term momentum: Oppenheimer raised its target to $32 (outperform) and Scotiabank boosted its target to $31; Arete moved the stock from sell to neutral ($28 target).
• Positive Sentiment: Operational momentum: AT&T recently beat quarterly EPS estimates and set FY2026 guidance of $2.25–$2.35, supporting the thesis that underlying cash flow can help fund investment. (Company earnings release)
• Neutral Sentiment: Suppliers and partners (e.g., fiber and glass makers) stand to gain from AT&T’s buildout, which may help execution but also signals heavy vendor demand and longer supply chains. Corning reaction
• Neutral Sentiment: Media coverage outlines hiring, workforce training and public‑sector work as part of the plan — positives for execution but with uncertain near‑term cost timing. Yahoo: What $250B Could Mean
• Negative Sentiment: Near‑term investor concern about the scale and timing of $250B capex—worries over cash flow, balance‑sheet flexibility and execution—helped push the stock lower today. Zacks: Why AT&T dipped
• Negative Sentiment: Short‑term bearish commentary urging profit taking after the rally (e.g., “Sell the Rip” pieces) amplifies downside pressure for traders looking to lock in gains. Seeking Alpha: Sell The Rip

AT&T Trading Down 2.1%

Shares of NYSE:T opened at $27.13 on Thursday. The stock has a market capitalization of $189.91 billion, a PE ratio of 8.89, a P/E/G ratio of 1.03 and a beta of 0.39. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The firm has a fifty day moving average price of $26.20 and a 200 day moving average price of $26.32. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the business posted $0.43 earnings per share. The business’s quarterly 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. Analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on T shares. KeyCorp reissued an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a report on Tuesday. Scotiabank boosted their price target on AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a research note on Monday. Finally, UBS Group restated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.35.

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.