t stock moved into focus after Meritage Portfolio Management cut its stake in AT&T Inc. by 91. 0% during the fourth quarter, leaving the firm with 19, 891 shares worth $494, 000 at the end of the latest quarter. The change was disclosed in the firm’s most recent 13F filing with the Securities and Exchange Commission. The move came as other institutional investors also adjusted their positions in t stock.
Meritage Makes a Sharp Fourth-Quarter Move
Meritage Portfolio Management sold 201, 443 shares during the period, trimming its AT&T holdings to a much smaller position than before. The filing shows the stake was reduced even as AT&T continued to draw activity from other hedge funds and institutional investors.
Among the other updates, Brighton Jones LLC raised its AT&T holdings by 26. 5% in the fourth quarter to 48, 579 shares valued at $1, 106, 000. Osterweis Capital Management Inc. increased its position by 4, 352. 9% in the second quarter to 6, 234 shares worth $180, 000. Main Street Financial Solutions LLC, HUB Investment Partners LLC, and Peapack Gladstone Financial Corp also lifted their stakes during recent periods. Institutional investors and hedge funds hold 57. 10% of the company’s stock.
Other Institutions Also Rebalance t stock
TD Waterhouse Canada Inc. cut its AT&T holdings by 43. 8% in the fourth quarter, reducing its position to 750, 386 shares worth $18, 647, 000 after selling 583, 982 shares. Zurcher Kantonalbank Zurich Cantonalbank also lowered its stake by 5. 0% in the fourth quarter and ended with 4, 917, 680 shares valued at $122, 155, 000.
At the same time, several smaller investors reported new or enlarged positions, including Mountain Hill Investment Partners Corp., GGM Financials LLC, OFI Invest Asset Management, Eagle Bay Advisors LLC, and Cloud Capital Management LLC. The pattern shows t stock remains active among institutions even as some holders step back.
What Investors Are Watching Now
Recent institutional filings come as attention remains on AT&T’s next set of results and related market reactions. The context provided with the filings points to earnings, subscriber trends, retention, and free cash flow as the main items investors are watching in the near term.
AT&T also opened Monday at $26. 53, with the stock’s 52-week range listed at $22. 95 to $29. 79. The company’s most recent earnings report showed $0. 52 EPS on revenue of $33. 47 billion, and it has set FY 2026 guidance at 2. 250-2. 350 EPS. For now, t stock is moving through a period of active institutional reshuffling, and the next quarter will show whether those shifts keep building or begin to settle.
