Bruce & Co. Inc. Sells 150,000 Shares of AT&T Inc. $T

Bruce & Co. Inc. trimmed its holdings in shares of AT&T Inc. (NYSE:T) by 22.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 523,000 shares of the technology company’s stock after selling 150,000 shares during the quarter. AT&T makes up approximately 4.6% of Bruce & Co. Inc.’s investment portfolio, making the stock its 10th largest position. Bruce & Co. Inc.’s holdings in AT&T were worth $14,770,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Front Row Advisors LLC acquired a new stake in AT&T in the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. raised its position in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares during the period. GGM Financials LLC purchased a new position in AT&T during the third quarter valued at $25,000. Cloud Capital Management LLC acquired a new stake in shares of AT&T in the third quarter valued at about $31,000. Finally, Kilter Group LLC acquired a new stake in shares of AT&T in the second quarter valued at about $32,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on T. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Barclays lowered their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. The Goldman Sachs Group decreased their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Finally, Williams Trading set a $32.00 price target on AT&T in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.35.

More AT&T News

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 NYSE T opened at $27.34 on Friday. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The stock has a market cap of $191.40 billion, a PE ratio of 8.96, a P/E/G ratio of 1.01 and a beta of 0.39. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The company has a 50-day moving average of $26.25 and a 200 day moving average of $26.33.

AT&T (NYSE:T) last released its 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 business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts predict 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. Investors of record on Monday, January 12th were given a dividend of $0.2775 per share. The ex-dividend date was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 4.1%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

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.