AT&T (NYSE:T) Shares Acquired Rep. Cleo Fields

Representative Cleo Fields (D-Louisiana) recently bought shares of AT&T Inc. NYSE: T. In a filing disclosed on July 01st, the Representative disclosed that they had bought between $15,001 and $50,000 in AT&T stock on June 30th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Cisco Systems NASDAQ: CSCO on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 6/30/2025.
• Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.

AT&T Price Performance

Shares of NYSE:T traded down $0.07 during trading on Friday, reaching $26.92. The company had a trading volume of 27,403,482 shares, compared to its average volume of 36,405,886. The company has a fifty day moving average of $27.74 and a two-hundred day moving average of $26.47. The stock has a market capitalization of $193.71 billion, a P/E ratio of 16.52, a price-to-earnings-growth ratio of 3.36 and a beta of 0.42. AT&T Inc. has a 12 month low of $18.14 and a 12 month high of $29.19. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 0.98.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The business had revenue of $30.63 billion for the quarter, compared to analysts' expectations of $30.39 billion. AT&T had a net margin of 9.64% and a return on equity of 13.63%. The company's revenue was up 2.0% on a year-over-year basis. During the same period last year, the business earned $0.55 earnings per share. Equities research analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Thursday, July 10th will be paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Thursday, July 10th. AT&T's payout ratio is currently 68.10%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on T. UBS Group restated a "buy" rating and issued a $31.00 price target (up from $30.00) on shares of AT&T in a report on Wednesday, June 18th. Tigress Financial lifted their price objective on shares of AT&T from $32.00 to $34.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Oppenheimer increased their target price on shares of AT&T from $27.00 to $32.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 1st. Wells Fargo & Company raised their price objective on shares of AT&T from $30.00 to $31.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Finally, Wall Street Zen raised shares of AT&T from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, AT&T currently has an average rating of "Moderate Buy" and an average target price of $29.17.

Hedge Funds Weigh In On AT&T

A number of institutional investors and hedge funds have recently bought and sold shares of T. Brighton Jones LLC increased its position in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company's stock worth $1,106,000 after buying an additional 10,188 shares during the period. Versor Investments LP acquired a new stake in AT&T in the fourth quarter worth $381,000. Maia Wealth LLC acquired a new stake in AT&T in the fourth quarter worth $491,000. Bridges Investment Management Inc. increased its position in AT&T by 3.8% in the fourth quarter. Bridges Investment Management Inc. now owns 41,986 shares of the technology company's stock worth $956,000 after buying an additional 1,524 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in AT&T in the fourth quarter worth $75,000. Hedge funds and other institutional investors own 57.10% of the company's stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.