Brevan Howard Capital Management LP Sells 376,858 Shares of AT&T Inc. $T

Brevan Howard Capital Management LP reduced its stake in AT&T Inc. (NYSE:T) by 64.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,321 shares of the technology company’s stock after selling 376,858 shares during the period. Brevan Howard Capital Management LP’s holdings in AT&T were worth $5,968,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of T. Front Row Advisors LLC bought a new stake in AT&T during the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. boosted its position in AT&T by 363.7% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after buying an additional 702 shares during the period. GGM Financials LLC bought a new stake in AT&T in the 3rd quarter worth $25,000. Cloud Capital Management LLC purchased a new position in shares of AT&T in the third quarter valued at about $31,000. Finally, Kilter Group LLC bought a new position in shares of AT&T during the second quarter valued at about $32,000. Institutional investors own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on T. KeyCorp reissued an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. Wells Fargo & Company cut their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. The Goldman Sachs Group reduced their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. TD Cowen restated a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and an average price target of $30.35.

AT&T Stock Performance

Shares of T stock opened at $27.73 on Monday. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company’s fifty day moving average price is $26.31 and its 200-day moving average price is $26.28. The stock has a market cap of $194.15 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 1.04 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.

AT&T (NYSE:T) last issued 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 firm had revenue of $33.47 billion for 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%.The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

Key AT&T News

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

• Positive Sentiment: Management unveiled a $250 billion multi-year plan to upgrade AT&T into an essential AI-era connectivity platform, led by Jeff McElfresh — a long-term growth narrative that supports higher revenue opportunity from enterprise AI, edge and hyperscaler connectivity. Meet the executive behind AT&T’s $250 billion bid to become essential AI infrastructure
• Positive Sentiment: AT&T reiterated aggressive fiber and 5G expansion goals (including plans discussed publicly to reach many millions of locations by 2030), which investors view as positioning the company to capture AI-driven connectivity demand and higher-margin enterprise services. AT&T Inc. (T) Plans Major Fiber Expansion to 60 Million Locations by 2030
• Positive Sentiment: AT&T launched refreshed consumer wireless plans (Unlimited Your Way®) aimed at value and mix‑and‑match flexibility, a move that could stabilize gross adds and ARPU retention vs. rivals. AT&T Launches New Wireless Plans – Giving Customers More Value
• Positive Sentiment: An analyst upgrade (Arete to Neutral) and a $28 price target cited the company’s copper switch-off and improved cost profile, providing near-term technical/valuation support for the stock. Arete Upgrades AT&T (T) on Copper Switch-Off, Sets $28 Price Target
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B at 4.50%), signaling continued access to capital markets to fund the buildout but also adding to its debt maturity profile. AT&T Completes CAD-Denominated Long-Term Debt Offering
• Negative Sentiment: Investors are also weighing the scale and near-term cost of the $250B pledge — hiring, capex and execution risk could depress free cash flow and require sizable financing over years, which is a headline risk if revenue/efficiency gains lag. AT&T commits $250 billion investment to upgrade US telecom infrastructure for the AI era

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.