Virtu Financial LLC Boosts Stock Position in AT&T Inc. $T

Virtu Financial LLC grew its position in AT&T Inc. (NYSE:T) by 120.5% during the fourth quarter, Holdings Channel reports. The firm owned 253,763 shares of the technology company’s stock after acquiring an additional 138,656 shares during the period. AT&T makes up approximately 0.2% of Virtu Financial LLC’s portfolio, making the stock its 27th largest position. Virtu Financial LLC’s holdings in AT&T were worth $6,303,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. GGM Financials LLC acquired a new stake in shares of AT&T in the third quarter worth $25,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T during the fourth quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new position in AT&T during the fourth quarter valued at $25,000. Cresta Advisors Ltd. acquired a new position in AT&T during the fourth quarter valued at $26,000. Finally, Blueline Advisors LLC acquired a new position in AT&T during the fourth quarter valued at $26,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on T shares. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Wall Street Zen downgraded AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Citigroup upped their target price on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. BNP Paribas Exane dropped their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, Arete Research upgraded 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. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.55.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T Fiber received strong validation from Opensignal, earning 107 wins in home internet performance categories and beating the nearest competitor by nearly 2-to-1. That supports the company’s broadband strategy and may help reinforce the growth case for fiber expansion. Article Title
• Positive Sentiment: AT&T also received a favorable broker sentiment update, with an average “Moderate Buy” recommendation from analysts, which can help support valuation. Article Title
• Neutral Sentiment: The company announced a planned CFO transition, with Pascal Desroches set to retire and Jennifer Biry named as his successor. Investors are likely viewing this as orderly succession, but it still adds a layer of uncertainty while AT&T works through an important finance leadership change. Article Title
• Neutral Sentiment: Some coverage framed AT&T as a stock under review following the CFO news and broader telecom weakness, but the reporting did not point to a new fundamental deterioration in operations. Article Title
• Negative Sentiment: California regulators asked a court and the FCC to reject AT&T’s request to stop offering traditional copper-wire phone service to new customers. That regulatory pushback could slow AT&T’s network modernization plans and adds policy risk. Article Title
• Negative Sentiment: Broader market commentary also points to AT&T being weighed down by rate sensitivity, leverage concerns, and competitive risks in telecom, which can pressure the stock even when company-specific results are solid. Article Title

AT&T Trading Down 1.9%

Shares of T stock opened at $22.02 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The company has a market cap of $152.97 billion, a price-to-earnings ratio of 7.39, a PEG ratio of 0.93 and a beta of 0.21. The stock has a 50 day simple moving average of $24.88 and a 200-day simple moving average of $25.77. AT&T Inc. has a 1-year low of $21.99 and a 1-year high of $29.79.

AT&T (NYSE:T) last announced its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same quarter last year, the firm posted $0.51 EPS. The business’s revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T Inc. will post 2.31 EPS 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 issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 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.