Pacer Advisors Inc. Acquires 1,990,323 Shares of AT&T Inc. $T

Pacer Advisors Inc. increased its holdings in AT&T Inc. (NYSE:T) by 13.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 16,993,793 shares of the technology company’s stock after buying an additional 1,990,323 shares during the quarter. AT&T comprises approximately 0.6% of Pacer Advisors Inc.’s portfolio, making the stock its 22nd largest holding. Pacer Advisors Inc.’s holdings in AT&T were worth $422,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in T. GGM Financials LLC bought a new stake in shares of AT&T in the 3rd quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of AT&T in the 4th quarter worth approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in shares of AT&T during the 4th quarter worth approximately $25,000. Cresta Advisors Ltd. acquired a new stake in AT&T in the 4th quarter valued at $26,000. Finally, Blueline Advisors LLC acquired a new stake in AT&T in the 4th quarter valued at $26,000. Institutional investors own 57.10% of the company’s stock.

AT&T Trading Down 1.9%

T stock opened at $22.02 on Friday. The business has a fifty day moving average price of $24.88 and a 200 day moving average price of $25.77. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a fifty-two week low of $21.99 and a fifty-two week high of $29.79. The stock has a market capitalization of $152.97 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 0.93 and a beta of 0.21.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts expect that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently declared 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. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 5.0%. AT&T’s dividend payout ratio is 37.25%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. KeyCorp increased their price objective on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Wall Street Zen lowered shares of AT&T from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Scotiabank cut their price target on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Finally, Citigroup boosted their price target on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. One research 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

Trending Headlines about 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 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.