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Vanguard Group Inc. Purchases 3,585,661 Shares of AT&T Inc. $T
Vanguard Group Inc. increased its stake in AT&T Inc. by 0.5% in the fourth quarter, acquiring an additional 3,585,661 shares and now owning 9.37% of the company. AT&T reported strong Q1 earnings, beating expectations with $0.57 EPS and $31.51 billion in revenue, and reaffirmed its full-year 2026 guidance. The company also declared a quarterly dividend of $0.2775, offering a 4.2% yield, with analysts maintaining a “Moderate Buy” rating and an average price target of $30.70.