Rep. J. French Hill Sells AT&T Inc. (NYSE:T) Shares

Key Points

• Representative J. French Hill recently sold between $1,001 and $15,000 in AT&T shares, which was disclosed in a filing on July 24th.
• AT&T reported $0.54 earnings per share for the most recent quarter, exceeding analysts' expectations of $0.53, with revenues hitting $30.85 billion.
• The company announced a quarterly dividend of $0.2775, representing an annualized dividend of $1.11, with a yield of 3.96%.

Representative J. French Hill (R-Arkansas) recently sold shares of AT&T Inc. NYSE: T. In a filing disclosed on July 24th, the Representative disclosed that they had sold between $1,001 and $15,000 in AT&T stock on June 23rd. The trade occurred in the Representative's "MARTHA M HILL - REVOCABLE TRUST" account.

Representative J. French Hill also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Loews NYSE: L on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Fortrea NASDAQ: FTRE on 6/23/2025.
• Purchased $50,001 - $100,000 in shares of Markel Group NYSE: MKL on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Vitesse Energy NYSE: VTS on 6/23/2025.
• Sold $50,001 - $100,000 in shares of Lazard NYSE: LAZ on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Spectrum Brands NYSE: SPB on 6/23/2025.
• Purchased $15,001 - $50,000 in shares of Markel Group NYSE: MKL on 6/23/2025.
• Sold $15,001 - $50,000 in shares of Wells Fargo & Company NYSE: WFC on 6/23/2025.
• Sold $100,001 - $250,000 in shares of Blackstone NYSE: BX on 6/23/2025.
• Sold $15,001 - $50,000 in shares of Regions Financial NYSE: RF on 6/23/2025.

AT&T Price Performance

NYSE:T traded down $0.18 during trading hours on Tuesday, reaching $27.42. 34,193,019 shares of the company were exchanged, compared to its average volume of 31,410,624. The business has a 50 day moving average of $27.79 and a 200 day moving average of $26.73. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.76. AT&T Inc. has a 1-year low of $18.64 and a 1-year high of $29.19. The company has a market capitalization of $196.06 billion, a P/E ratio of 15.58, a P/E/G ratio of 3.42 and a beta of 0.42.

AT&T (NYSE:T - Get Free Report) last released its earnings results on Wednesday, July 23rd. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. AT&T had a return on equity of 13.36% and a net margin of 10.29%. The firm had revenue of $30.85 billion during the quarter, compared to analysts' expectations of $30.44 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The company's quarterly revenue was up 3.4% on a year-over-year basis. Research analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Thursday, July 10th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, July 10th. AT&T's payout ratio is 63.07%.

Institutional Investors Weigh In On AT&T

A number of institutional investors have recently made changes to their positions in T. Vanguard Group Inc. raised its position in AT&T by 1.3% in the first quarter. Vanguard Group Inc. now owns 651,044,650 shares of the technology company's stock worth $18,411,543,000 after acquiring an additional 8,185,006 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of AT&T in the 2nd quarter worth $5,266,758,000. Geode Capital Management LLC boosted its stake in shares of AT&T by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 163,761,301 shares of the technology company's stock worth $3,719,723,000 after purchasing an additional 2,640,644 shares during the period. GQG Partners LLC boosted its stake in shares of AT&T by 17.7% during the 1st quarter. GQG Partners LLC now owns 113,957,259 shares of the technology company's stock worth $3,222,711,000 after purchasing an additional 17,177,874 shares during the period. Finally, Norges Bank bought a new stake in AT&T during the 4th quarter valued at about $1,858,418,000. Hedge funds and other institutional investors own 57.10% of the company's stock.

Wall Street Analysts Forecast Growth

T has been the subject of several analyst reports. Tigress Financial raised their target price on AT&T from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Scotiabank raised their target price on AT&T from $29.50 to $30.00 and gave the company a "sector outperform" rating in a research note on Friday, July 11th. Williams Trading set a $30.00 price target on shares of AT&T in a research report on Thursday, April 24th. Cowen restated a "hold" rating on shares of AT&T in a research note on Thursday, April 24th. Finally, Barclays boosted their price target on shares of AT&T from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $29.66.

About Representative Hill

French Hill (Republican Party) is a member of the U.S. House, representing Arkansas' 2nd Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Hill (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 2nd Congressional District. He declared candidacy for the 2026 election. Hill is the founder and chairman of Delta Trust & Bank. He has served as senior policy advisor to President George H.W. Bush, Deputy Assistant Secretary of the U.S. Treasury and senior advisor to Governor Mike Huckabee.

AT&T Company Profile

AT&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.