Synergy Asset Management LLC Increases Holdings in AT&T Inc. $T

Synergy Asset Management LLC increased its stake in AT&T Inc. (NYSE:T) by 1,724.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 129,926 shares of the technology company’s stock after buying an additional 122,805 shares during the quarter. Synergy Asset Management LLC’s holdings in AT&T were worth $3,227,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in T. Csenge Advisory Group grew its holdings in AT&T by 20.3% during the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after purchasing an additional 31,935 shares during the period. Rhumbline Advisers raised its stake in shares of AT&T by 0.4% in the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after buying an additional 49,727 shares during the period. Wealthfront Advisers LLC raised its stake in shares of AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after buying an additional 66,448 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of AT&T by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock valued at $512,077,000 after buying an additional 248,567 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its position in shares of AT&T by 140.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after buying an additional 1,689,073 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: Multiple analyst upgrades and higher price targets signal stronger street conviction — Goldman Sachs and KeyBanc raised targets and KeyCorp moved to Overweight, citing the new segment reporting and converged customer momentum that improve visibility and upside. This supports near‑term buying interest. AT&T Receives 2 Price Target Hikes From Goldman Sachs and KeyBanc
• Positive Sentiment: Strategic partnerships with NVIDIA and Cisco on AI‑driven IoT and edge compute strengthen AT&T’s enterprise growth narrative and could lift high‑margin services over time. These collaborations signal monetization opportunities beyond core wireless. AT&T Inc. (T) Leads Industry Collaboration with NVIDIA and Cisco
• Positive Sentiment: Network expansion: AT&T and Boldyn completed 5G coverage in additional NYC MTA tunnels (4/5 and G lines). This is a tangible example of infrastructure spending targeted at high‑traffic use cases that can improve customer experience and provide a competitive edge in dense urban markets. Is AT&T’s (T) NYC Subway 5G Push a Signal on Its Infrastructure Investment Priorities?
• Positive Sentiment: AT&T joined a $45M Series A in ORAN/AI‑RAN (ODC), aligning the company with vendors and defense/AI players — a strategic stake in next‑gen RAN software that could lower costs and unlock new services for enterprise/customers. ODC Completes a $45M Series A Funding; Architecting the Global Distributed Compute Grid to Power the AI-Native Era
• Positive Sentiment: Investor narrative shift: analysts and commentators are highlighting AT&T’s move from a dividend-focused story toward total return (capital appreciation) — that supports broader investor interest beyond income buyers. AT&T Was A Dividend Trap — Now It’s Becoming A Total Return Story
• Neutral Sentiment: Investor events and disclosures: AT&T presented at the NSR/BCG Global Connectivity Leaders Conference (transcript available). Helpful for strategy details but mostly informational until concrete financial impacts are disclosed. AT&T Inc. (T) Presents at NSR/BCG Global Connectivity Leaders Conference – New York Transcript
• Neutral Sentiment: Valuation/caution pieces note AT&T’s strong YTD rally and improved multiples; some warn upside may be partly priced in — a reminder to watch guidance vs. expectations and whether subscriber/EBITDA gains follow partnerships. Is It Time To Reconsider AT&T (T) After Its Strong Year To Date Rally?

Wall Street Analyst Weigh In

T has been the subject of several recent research reports. Wells Fargo & Company decreased their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Barclays dropped their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 target price on shares of AT&T in a research report on Thursday, February 12th. KeyCorp boosted their price target on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Citigroup upped their price target on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.72.

AT&T Price Performance

Shares of NYSE T opened at $28.91 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The stock has a market cap of $201.89 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. The stock has a fifty day moving average of $27.09 and a 200-day moving average of $26.26.

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

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.