St. Louis Financial Sells $3.3 Million in AT&T Stock With Next Earnings on Deck
Key Points
St. Louis Financial Planners Asset Management sold 116,126 shares of AT&T in the third quarter for an estimated $3.3 million based on average prices.
The transaction represented about 2.1% of the fund’s 13F assets under management.
The firm reported holding 10,278 AT&T shares worth $290,267 at the end of the quarter.
The AT&T stake now represents 0.2% of reported assets, placing it outside the fund’s top five holdings.
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St. Louis Financial Planners Asset Management, LLC disclosed in a Thursday filing with the SEC that it sold shares of AT&T worth an estimated $3.3 million in the third quarter.
What happened
According to a Securities and Exchange Commission (SEC) filing released on Thursday, St. Louis Financial Planners Asset Management reduced its holding in AT&T (NYSE:T) by 116,126 shares. The estimated transaction value was approximately $3.3 million based on average prices during the third quarter. After the transaction, the fund reported holding 10,278 shares of AT&T valued at $290,267 as of quarter's end.
What else to know
After the transaction, St. Louis Financial's AT&T position represents about 0.2% of its reported assets, down from 2.8% the previous quarter.
Top holdings after the filing:
- BIL: $36.73 million (23.7% of AUM)
- TFLO: $17.27 million (11.1% of AUM)
- BSCP: $10.45 million (6.7% of AUM)
- PLTR: $9.23 million (5.95% of AUM)
- AVGO: $5.16 million (3.3% of AUM)
As of Wednesday, AT&T shares were priced at $27.55, up about 24% over the past year.
Company Overview
| Metric | Value |
|---|---|
| Revenue (TTM) | $123.98 billion |
| Net Income (TTM) | $12.76 billion |
| Dividend Yield | 4.12% |
| Price (as of Wednesday market close) | $27.55 |
Company Snapshot
- AT&T provides wireless and wireline telecommunications services, broadband, and related technology solutions, with revenue primarily from wireless voice and data, broadband fiber, and business connectivity services.
- Operates a recurring revenue model based on subscription services, device sales, and managed solutions for both consumer and enterprise segments.
- Serves individual consumers, small and mid-sized businesses, large enterprises, government agencies, and wholesale customers, primarily in the United States and select international markets.
AT&T Inc. is a leading telecommunications provider with a broad portfolio spanning wireless, broadband, and enterprise connectivity solutions. The company leverages its extensive network infrastructure to deliver reliable communications services at scale, maintaining a strong presence in both consumer and business markets.
Foolish take
St. Louis Financial Planners’ decision to unload about 116,000 AT&T shares trims what was once a sizable position. But for long-term investors, the bigger question is whether AT&T’s fundamentals justify the stock’s recent strength. Shares are up 18% over the past year, outpacing the S&P 500’s 15% gain, and they’ve regained momentum after a stretch of underperformance.
In its latest quarter, AT&T delivered results that underscored both strengths and weaknesses. On the positive side, the company added 401,000 postpaid phone subscribers, beating expectations and showing resilience in a competitive wireless market. Meanwhile, mobility service revenues climbed 3.5% to $16.9 billion, helping offset a slight uptick in churn. However, fiber growth came in lighter than hoped, with a net gain of 243,000 subscribers. That disappointment contributed to a dip in the stock despite otherwise solid results.
Looking ahead, AT&T is due to report again at the end of the month. For investors, the key will be whether wireless momentum can continue while fiber re-accelerates. With a strong dividend, reliable cash flow, and ambitious fiber build-out plans, AT&T remains a steady income play—but execution on growth initiatives will determine how well it can deliver beyond yield.
Glossary
13F AUM: The total value of assets reported by an institutional investment manager in quarterly SEC Form 13F filings.
Quarter (Q3 2025): The third three-month period of the year, here referring to July–September 2025.
Top holdings: The largest investments in a fund's portfolio, typically ranked by market value or percentage of assets.
Position: The amount of a particular security or asset held by an investor or fund.
Stake: The ownership interest or share held in a company by an investor or fund.
Dividend yield: The annual dividend payment expressed as a percentage of the stock's current price.
Outperforming: Achieving a better return or performance than a benchmark or comparable investment.
Subscription services: Recurring services billed regularly, such as monthly or annually, often used in the telecom and software industries.
Managed solutions: Services where a provider oversees and maintains technology or operations for clients, often for a recurring fee.
Wholesale customers: Businesses that purchase goods or services in bulk for resale or large-scale use, not for individual consumption.
TTM: The 12-month period ending with the most recent quarterly report.
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Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.
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