AT&T Inc. (
$T) has been the focus of numerous high-performing asset management institutions. Several firms reduced their stakes, including
Gateway Investment Advisers and Professional Advisory Services selling respective 218,506 and 42,445 shares. Meanwhile, some like
Exchange Traded Concepts and Ferguson Wellman Capital Management increased their stock positions. Further notable transactions include
Fiduciary Alliance, SCS Capital Management, and Sumitomo Mitsui DS Asset Management Company Ltd acquiring shares, while
Bell Bank and Diversified Trust Co sold off theirs. Noteworthy increases in stake are seen from
Balefire, Jackson Square Capital, and MassMutual Private Wealth & Trust FSB.
Raymond James has even raised AT&T's stock price target to $33 based on growth outlook. AT&T has also announced dual listing on
NYSE Texas, and the shares have hit a new 1-year high. AT&T's purchase of EchoStar's spectrum is seen as a high-cost yet strategic move. Furthermore, the shares provided by AT&T could result in not only a dividend but also a higher stock price. Finally,
AT&T has declared dividends on common and preferred shares. This has experts such as those at Wealth Enhancement Advisory Services LLC increasing their holdings.
Att Stocks News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sun, 21 Sep 2025 00:00:02 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -2
