Wedmont Private Capital Has $3 Million Stock Position in AT&T Inc. $T

Wedmont Private Capital cut its holdings in shares of AT&T Inc. (NYSE:T) by 29.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,013 shares of the technology company’s stock after selling 52,315 shares during the period. Wedmont Private Capital’s holdings in AT&T were worth $2,997,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in T. Front Row Advisors LLC bought a new stake in shares of AT&T during the 2nd quarter worth $25,000. Mountain Hill Investment Partners Corp. grew its position in 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 during the last quarter. GGM Financials LLC acquired a new position in AT&T during the third quarter worth about $25,000. Cloud Capital Management LLC acquired a new position in AT&T during the third quarter worth about $31,000. Finally, Kilter Group LLC bought a new position in shares of AT&T in the second quarter worth about $32,000. 57.10% of the stock is currently owned by institutional investors.

Key AT&T News

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

• Positive Sentiment: Management laid out a multi‑year network investment plan (>$250B over five years) and reiterated plans to return $45B+ to shareholders in 2026–2028, including ~ $8B of buybacks in 2026 — a clear signal for income and infrastructure investors. AT&T rises as investors lean into its long-term network spending plan and shareholder-return outlook
• Positive Sentiment: AT&T’s planned purchase of Lumen’s mass‑market fiber business ($5.75B) expands fiber footprint and supports broadband monetization expectations. Lumen fiber acquisition details
• Positive Sentiment: Launch of a new AI‑powered customer app and digital tools aimed at lowering service friction, improving retention, and enabling targeted upsells — investors view this as a path to cost savings and higher ARPU. AT&T Tests AI App To Cut Costs And Deepen Customer Relationships
• Neutral Sentiment: Analyst views and price targets are mixed but slightly constructive (median targets near $29.5; several recent “buy”/”overweight” ratings), which helps sentiment but doesn’t eliminate execution risk. Analyst ratings and price targets
• Neutral Sentiment: Institutional ownership changes are mixed — large reported reductions by some funds offset by meaningful additions from others, signaling divergent views among big holders. Institutional holdings summary
• Negative Sentiment: AT&T is raising prices on legacy plans to push customers to newer plans — a tactic that risks churn and public backlash if customers migrate or leave. AT&T is about to test customer loyalty with a risky move that increases prices on legacy plans
• Negative Sentiment: Industrywide churn and aggressive discounting from rivals (T‑Mobile, Verizon) are pressuring margins and could force more promotional spend. T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits
• Negative Sentiment: Some bearish commentary argues valuation/late-cycle execution risks make AT&T less attractive right now. AT&T: Way Too Late To Be Buying Now

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on T shares. Williams Trading set a $32.00 price target on shares of AT&T in a report on Thursday, January 29th. The Goldman Sachs Group dropped their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Scotiabank boosted their target price on shares of AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a research note on Monday, March 9th. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price target on shares of AT&T in a report on Thursday, February 12th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.35.

AT&T Trading Up 2.1%

T opened at $28.33 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The company’s 50 day moving average price is $26.67 and its two-hundred day moving average price is $26.26. The firm has a market capitalization of $197.81 billion, a price-to-earnings ratio of 9.29, a PEG ratio of 1.06 and a beta of 0.39.

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

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.