Huber Capital Management LLC Grows Stake in AT&T Inc. $T

Huber Capital Management LLC grew its position in AT&T Inc. (NYSE:T) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 684,525 shares of the technology company’s stock after acquiring an additional 40,000 shares during the quarter. AT&T comprises about 3.1% of Huber Capital Management LLC’s portfolio, making the stock its 13th largest position. Huber Capital Management LLC’s holdings in AT&T were worth $19,331,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Front Row Advisors LLC purchased a new stake in AT&T in the second quarter worth $25,000. Mountain Hill Investment Partners Corp. raised its holdings in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after acquiring an additional 702 shares in the last quarter. GGM Financials LLC purchased a new stake in AT&T in the third quarter worth about $25,000. Cloud Capital Management LLC purchased a new position in AT&T during the 3rd quarter valued at about $31,000. Finally, Kilter Group LLC bought a new stake in shares of AT&T in the 2nd quarter valued at about $32,000. 57.10% of the stock is currently owned by institutional investors.

AT&T Trading Up 1.0%

Shares of T traded up $0.27 during midday trading on Friday, reaching $27.66. The company had a trading volume of 1,464,234 shares, compared to its average volume of 44,998,762. The firm has a 50 day simple moving average of $26.25 and a 200-day simple moving average of $26.33. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The stock has a market cap of $193.66 billion, a PE ratio of 9.08, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. During the same quarter in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

Key AT&T News

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

• Positive Sentiment: AT&T rolled out a revamped “Unlimited Your Way” wireless lineup, including a new entry-level AT&T Value 2.0 plan that can be mixed and matched across tiers—a move designed to win price-sensitive subscribers and reduce churn. AT&T Launches New Wireless Plans – Giving Customers More Value
• Positive Sentiment: Management announced an aggressive capital plan — committing roughly $250 billion to upgrade U.S. telecom infrastructure (fiber + 5G, AI-readiness). If executed successfully, this supports long-term revenue and market share gains in high-growth enterprise and cloud networking segments. AT&T commits $250 billion investment to upgrade US telecom infrastructure for the AI era
• Positive Sentiment: AT&T is pursuing major fiber expansion (targeting ~60 million locations by 2030), which supports higher-margin broadband revenue and strategic positioning vs. rivals for enterprise and hyperscaler connectivity. Investors view fiber scale as a multi-year growth driver. AT&T Inc. (T) Plans Major Fiber Expansion to 60 Million Locations by 2030
• Positive Sentiment: Analyst sentiment has improved: Arete upgraded AT&T to Neutral (raising estimates tied to its copper switch-off) and set a $28 price target, while other outlets note positive forecasts — supportive for near-term sentiment and valuation multiples. Arete Upgrades AT&T (T) on Copper Switch-Off, Sets $28 Price Target
• Positive Sentiment: Some broker commentary (Oppenheimer coverage) and momentum-focused writeups point to improving fundamentals and a value case based on low P/E and steady dividend — factors attracting income and value investors. Oppenheimer Issues Positive Forecast for AT&T (NYSE:T) Stock Price
• Neutral Sentiment: AT&T completed a CAD‑denominated long-term debt offering (CAD$1.25B of 4.50% paper). This raises liquidity and funds growth but adds debt service; impact depends on how proceeds are deployed. AT&T Completes CAD-Denominated Long-Term Debt Offering
• Neutral Sentiment: Community and CSR items (e.g., Connected Learning Center grants) appear but are unlikely to move the stock materially; they support brand and regulatory goodwill. AT&T awards Connected Learning Center to Boys & Girls Club of Valdosta
• Neutral Sentiment: Recent intraday coverage explains short-term volatility (articles on why T dipped previously). These provide context but reflect sentiment swings rather than new fundamentals. Why AT&T (T) Dipped More Than Broader Market Today
• Negative Sentiment: Bearish pieces (e.g., “Sell the Rip”) argue current rallies may be short-lived and caution that large capex commitments and execution risks could pressure cash flow and returns in the near term. Such narratives can weigh on sentiment if guidance or execution slips. AT&T: Sell The Rip

Analyst Ratings Changes

T has been the topic of several analyst reports. Scotiabank lifted their price target on shares of AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a report on Monday. Sanford C. Bernstein lowered their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Wells Fargo & Company reduced their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Finally, Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.35.

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.