Millennium Capital Advisors LLC Invests $784,000 in AT&T Inc. $T

Millennium Capital Advisors LLC acquired a new stake in AT&T Inc. (NYSE:T) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 31,549 shares of the technology company’s stock, valued at approximately $784,000.

A number of other institutional investors also recently modified their holdings of T. Brighton Jones LLC grew its stake in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares during the period. Osterweis Capital Management Inc. raised its stake in AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares during the period. Main Street Financial Solutions LLC raised its stake in AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after buying an additional 1,022 shares during the period. HUB Investment Partners LLC boosted its holdings in AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its stake in AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after acquiring an additional 3,677 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on T shares. Wells Fargo & Company lowered their target price 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. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, BNP Paribas Exane reduced their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, AT&T presently has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Stock Performance

NYSE T opened at $24.05 on Friday. The company has a fifty day simple moving average of $26.95 and a 200 day simple moving average of $26.00. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The company has a market cap of $167.07 billion, a P/E ratio of 8.07, a PEG ratio of 0.88 and a beta of 0.23.

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

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were paid a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.6%. AT&T’s dividend payout ratio (DPR) is 37.25%.

Key AT&T News

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

• Positive Sentiment: AT&T joined Verizon and T-Mobile in a proposed joint venture to expand coverage in rural and hard-to-reach areas, which could improve service quality and strengthen the carriers’ competitive positioning over time. US wireless carriers to launch joint venture to address rural ‘dead zones’
• Positive Sentiment: Investors are also digesting AT&T’s shareholder/analyst meeting results, including the re-election of all 10 board nominees, which signals governance stability. AT&T Announces Preliminary Results of 2026 Annual Meeting
• Neutral Sentiment: Several articles compared AT&T with Verizon, T-Mobile, and even AST SpaceMobile, reflecting ongoing investor debate about which connectivity strategy will win as the industry shifts toward fiber and satellite-enabled service. AT&T vs AST SpaceMobile: Which Connectivity Stock Should You Bet On?
• Neutral Sentiment: AT&T’s recent shareholder/analyst call transcript has drawn attention, but no major new surprise from the transcript appears to be driving the move on its own. AT&T Inc. (T) Shareholder/Analyst Call Transcript
• Negative Sentiment: Despite the strategic headlines, AT&T remains well below its recent moving averages, suggesting investors are still cautious about growth, leverage, and execution risk.

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.