Magnetar Financial LLC Sells 203,229 Shares of AT&T Inc. $T

Magnetar Financial LLC cut its position in AT&T Inc. (NYSE:T) by 65.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 108,985 shares of the technology company’s stock after selling 203,229 shares during the period. Magnetar Financial LLC’s holdings in AT&T were worth $3,078,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in T. Vanguard Group Inc. raised its stake in AT&T by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock worth $19,139,620,000 after buying an additional 10,310,560 shares during the period. State Street Corp grew its stake in AT&T by 2.4% in the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after acquiring an additional 7,404,376 shares during the period. Geode Capital Management LLC grew its stake in AT&T by 1.2% in the second quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock valued at $4,958,066,000 after acquiring an additional 2,066,026 shares during the period. Norges Bank bought a new stake in shares of AT&T in the second quarter worth about $2,228,655,000. Finally, Capital Research Global Investors increased its holdings 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 in the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T News Roundup

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 Stock Down 2.1%

Shares of AT&T stock opened at $27.13 on Thursday. The firm has a market cap of $189.91 billion, a PE ratio of 8.89, a P/E/G ratio of 1.03 and a beta of 0.39. The business’s 50 day simple moving average is $26.20 and its 200 day simple moving average is $26.32. 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 Inc. has a 52-week low of $22.95 and a 52-week high of $29.79.

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

AT&T Announces Dividend

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

Analyst Ratings Changes

T has been the topic of several recent analyst reports. Loop Capital set a $29.00 price objective on AT&T in a report on Friday, December 19th. TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Sanford C. Bernstein dropped their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Williams Trading set a $32.00 price target on shares of AT&T in a research note on Thursday, January 29th. Finally, KeyCorp reiterated an “overweight” rating on shares of AT&T in a report on Wednesday, January 21st. One 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.