SmartHarvest Portfolios LLC Takes $778,000 Position in AT&T Inc. $T

SmartHarvest Portfolios LLC purchased a new position in AT&T Inc. (NYSE:T) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 31,318 shares of the technology company’s stock, valued at approximately $778,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIdWestOne Financial Group Inc. raised its holdings in shares of AT&T by 2.8% in the 4th quarter. MIdWestOne Financial Group Inc. now owns 155,471 shares of the technology company’s stock valued at $3,862,000 after acquiring an additional 4,246 shares in the last quarter. Vaughan David Investments LLC IL lifted its position in AT&T by 0.7% in the 4th quarter. Vaughan David Investments LLC IL now owns 2,047,942 shares of the technology company’s stock worth $50,871,000 after buying an additional 15,021 shares during the last quarter. Gateway Wealth Partners LLC boosted its stake in AT&T by 24.1% in the fourth quarter. Gateway Wealth Partners LLC now owns 22,591 shares of the technology company’s stock worth $561,000 after buying an additional 4,393 shares in the last quarter. Meeder Asset Management Inc. raised its stake in shares of AT&T by 10.2% during the fourth quarter. Meeder Asset Management Inc. now owns 8,179 shares of the technology company’s stock worth $203,000 after acquiring an additional 759 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in shares of AT&T by 168.2% in the 4th quarter. Empowered Funds LLC now owns 976,081 shares of the technology company’s stock worth $24,246,000 after acquiring an additional 612,160 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T launched a new $3 Unlimited Day Pass for iPad cellular users, including customers on Verizon and T-Mobile, creating a low-friction way to monetize temporary data demand and potentially attract new wireless revenue. AT&T Launches Unlimited Day Pass, Bringing Connectivity to iPad Users Regardless of Carrier
• Positive Sentiment: The company is expanding AI-related partnerships with Wiliot, Adaptive ML, and Derq, suggesting AT&T is trying to grow beyond core telecom by monetizing its connectivity network in enterprise AI, fraud detection, and transportation applications. AT&T AI Partnerships Target New Growth Beyond Core Telecom Business
• Positive Sentiment: AT&T is also being viewed favorably by some analysts, with commentary pointing to fiber expansion, an improving 2026 outlook, and a relatively cheap valuation versus peers, which supports the bullish case for the stock. AT&T vs. T-Mobile: Which Communications Stock is the Smarter Buy?
• Neutral Sentiment: Industry roundup pieces highlighted AT&T as one of several telecom names to watch, but these were largely sector-screening articles and did not include a major new company-specific catalyst. Top Telecom Stocks To Research – June 8th
• Neutral Sentiment: Other commentary emphasized AT&T’s position as a connectivity enabler for AI and connected-car use cases, which is supportive long term but not an immediate earnings driver. AT&T exec boasts ‘AI doesn’t exist without our connectivity … plain and simple’
• Neutral Sentiment: Analysts and commentary also noted AT&T’s connected-car and fiber-bundle initiatives, reinforcing the company’s efforts to diversify revenue, though the market impact may depend on execution over time. Is AT&T (T) Quietly Rewiring Its Revenue Mix With Connected Car And Fiber Bundles?
• Negative Sentiment: Despite the upbeat headlines, one article argued AT&T’s recent run is partly a deep-value setup rather than a fresh fundamental breakout, implying the stock may still be reacting to valuation appeal more than accelerating business momentum. AT&T (T) Taps Connected Car Opportunity Amid Deep Value Case

Analyst Upgrades and Downgrades

T has been the subject of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 price target on shares of AT&T in a research report on Wednesday, May 20th. BNP Paribas Exane reduced their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Finally, Morgan Stanley assumed coverage on shares of AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $30.55.

AT&T Stock Down 0.7%

T stock opened at $23.04 on Friday. AT&T Inc. has a fifty-two week low of $22.32 and a fifty-two week high of $29.79. The company has a market capitalization of $160.10 billion, a price-to-earnings ratio of 7.73, a price-to-earnings-growth ratio of 0.97 and a beta of 0.21. The business’s 50 day moving average price is $25.42 and its two-hundred day moving average price is $25.88. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

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

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were given a $0.2775 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio is currently 37.25%.

AT&T Company 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.