<div id="readability-page-1"><p>Public Sector Pension Investment Board cut its holdings in  AT&amp;T Inc. (NYSE:T - Free Report) by 61.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,199,557 shares of the technology company's stock after selling 1,881,928 shares during the quarter. Public Sector Pension Investment Board's holdings in AT&amp;T were worth $34,715,000 as of its most recent SEC filing.</p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p>Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Evergreen Capital Management LLC lifted its position in shares of  AT&amp;T by 11.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 124,797 shares of the technology company's stock worth $3,612,000 after purchasing an additional 12,747 shares during the period.  Headlands Technologies LLC raised its stake in  AT&amp;T by 1,046.5% in the second quarter. Headlands Technologies LLC now owns 259,108 shares of the technology company's stock worth $7,499,000 after buying an additional 236,508 shares in the last quarter.  MUFG Securities EMEA plc lifted its holdings in  AT&amp;T by 769.0% during the second quarter. MUFG Securities EMEA plc now owns 721,262 shares of the technology company's stock worth $20,873,000 after buying an additional 638,263 shares during the period.  Binnacle Investments Inc boosted its position in  AT&amp;T by 11.2% during the 2nd quarter. Binnacle Investments Inc now owns 9,239 shares of the technology company's stock valued at $267,000 after acquiring an additional 933 shares in the last quarter.  Finally, Brown Financial Advisors bought a new stake in  AT&amp;T during the 2nd quarter valued at $437,000. 57.10% of the stock is currently owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>T has been the subject of several recent research reports. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of AT&amp;T in a research report on Wednesday, October 8th. Morgan Stanley reduced their target price on shares of AT&amp;T from $32.00 to $30.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday. Citigroup  restated a &#34;buy&#34; rating on shares of AT&amp;T in a report on Tuesday, August 26th. Wall Street Zen downgraded shares of AT&amp;T from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 8th. Finally, Royal Bank Of Canada reduced their price objective on shares of AT&amp;T from $31.00 to $30.00 and set an &#34;outperform&#34; rating for the company in a research note on Thursday, October 23rd. One research analyst  has rated the stock with a Strong Buy rating, sixteen have assigned  a Buy rating and eight have assigned  a Hold rating to the company's stock. According to MarketBeat.com, AT&amp;T presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $30.55.</p><ul><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p><b>Check Out Our Latest Stock Analysis on T</b></p><h2>AT&amp;T Stock Performance</h2><p>T opened at $24.57 on Friday. The company has a market cap of $174.20 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 1.44 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 1.01. The firm's 50-day moving average price is $25.41 and its 200-day moving average price is $27.26. AT&amp;T Inc. has a 52-week low of $21.38 and a 52-week high of $29.79. </p><ul><li>Will 2026 Mark a Turnaround for Costco?</li></ul><p>AT&amp;T (NYSE:T - Get Free Report) last released its earnings results on Wednesday, October 22nd. The technology company reported $0.54 EPS for the quarter, hitting analysts' consensus estimates of $0.54. The company had revenue of $30.71 billion during the quarter, compared to analysts' expectations of $30.85 billion. AT&amp;T had a net margin of 17.87% and a return on equity of 12.72%. AT&amp;T's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS.  As a group, equities analysts anticipate that  AT&amp;T Inc. will post 2.14 EPS for the current fiscal year. </p><h2>AT&amp;T Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, October 10th. AT&amp;T's dividend payout ratio  is presently 36.04%. </p><h2>AT&amp;T Profile</h2> (Free Report)<p>AT&amp;T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.</p><h2>See Also</h2><ul><li>Five stocks we like better than AT&amp;T</li><li>10 Best Airline Stocks to Buy</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>Using the MarketBeat Stock Split Calculator</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><strong>Want to see what other hedge funds are holding T?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&amp;T Inc. (NYSE:T - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AT&amp;T Right Now?</h2><p>Before you consider AT&amp;T, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&amp;T wasn't on the list.</p><p>While AT&amp;T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Public Sector Pension Investment Board reduced its stake in AT&T Inc. by 61.1% in Q2, selling 1,881,928 shares. AT&T's stock performance and analyst ratings are mixed, with a consensus rating of "Moderate Buy" and an average target price of $30.55. The company reported Q3 earnings of $0.54 per share, meeting expectations, with revenue up 1.7% year-over-year. AT&T announced a quarterly dividend of $0.2775 per share, yielding 4.5% annually.</p>

Public Sector Pension Investment Board Cuts Stake in AT&T Inc. $T