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AT&T Inc. $T is Vestcor Inc's 9th Largest Position
Vestcor Inc. reduced its stake in AT&T by 3.5% in the third quarter, making AT&T its ninth-largest holding, with institutional investors owning approximately 57.1% of the stock. AT&T surpassed earnings and revenue expectations in its most recent quarter, setting optimistic FY2026 guidance. The company offers an attractive annualized dividend of $1.11, yielding about 3.9%, and holds a “Moderate Buy” consensus rating from analysts with a target price near $29.93.