Illinois Municipal Retirement Fund Has $41.40 Million Position in AT&T Inc. $T

Illinois Municipal Retirement Fund boosted its holdings in AT&T Inc. (NYSE:T) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,666,812 shares of the technology company’s stock after buying an additional 37,656 shares during the quarter. AT&T makes up 0.5% of Illinois Municipal Retirement Fund’s holdings, making the stock its 25th biggest holding. Illinois Municipal Retirement Fund’s holdings in AT&T were worth $41,404,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. GGM Financials LLC acquired a new position in shares of AT&T in the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T in the 4th quarter worth $25,000. Cresta Advisors Ltd. bought a new position in shares of AT&T in the fourth quarter valued at $26,000. Blueline Advisors LLC bought a new position in AT&T in the 4th quarter valued at about $26,000. Finally, Winnow Wealth LLC boosted its position in shares of AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Up 2.1%

Shares of NYSE:T opened at $23.19 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market capitalization of $161.13 billion, a P/E ratio of 7.78, a P/E/G ratio of 0.95 and a beta of 0.21. The stock has a 50 day moving average price of $25.53 and a 200-day moving average price of $25.90. AT&T Inc. has a 52-week low of $22.32 and a 52-week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping 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 analysts’ expectations of $31.29 billion. During the same period in the previous year, the firm posted $0.51 EPS. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

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

More AT&T News

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

• Positive Sentiment: AT&T launched Unlimited Day Pass, a new on-demand iPad connectivity offer that lets eligible U.S. users on any carrier get unlimited data for $3 a day. This expands AT&T’s wireless monetization opportunities and could attract incremental usage and revenue. Article Title
• Positive Sentiment: AT&T is continuing to push fiber expansion and bundled offerings, including simplified home internet tiers, wireless savings, and added features such as Internet Backup and All-Fi Pro. Investors may see this as a sign of improving revenue mix and stronger cross-selling potential. Article Title
• Positive Sentiment: AT&T’s partnership activity in connected cars, in-vehicle entertainment, and AI-powered transportation infrastructure points to additional growth avenues beyond traditional wireless service. These collaborations may support a longer-term bull case for revenue diversification. Article Title
• Neutral Sentiment: Several recent items, including AT&T’s presentation at the Mizuho Technology Conference and broader telecom-sector watchlist coverage, are mainly informational and did not introduce a major new catalyst. Article Title
• Negative Sentiment: Oppenheimer downgraded AT&T to Perform from Outperform, citing caution around long-term broadband growth and fiber expansion risks. That analyst shift may be weighing on sentiment despite the company’s cheaper valuation. Article Title
• Negative Sentiment: Coverage highlighting a major customer data setback for Verizon and AT&T could raise investor concerns about privacy, regulatory risk, or carrier-level data practices, even if the direct financial impact is unclear. Article Title

Wall Street Analyst Weigh In

T has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Wednesday, May 20th. Wall Street Zen cut AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Citigroup raised their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. Scotiabank cut their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. Finally, KeyCorp boosted their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.55.

AT&T 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.