Sen. John Fetterman Sells AT&T Inc. (NYSE:T) Stock

Senator John Fetterman (Democratic-Pennsylvania) recently sold shares of AT&T Inc. (NYSE:T). In a filing disclosed on April 03rd, the Senator disclosed that they had sold between $1,001 and $15,000 in AT&T stock on March 27th.

Senator John Fetterman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/27/2026.

AT&T Price Performance

Shares of NYSE:T opened at $28.29 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The company has a market cap of $197.53 billion, a P/E ratio of 9.27, a PEG ratio of 1.06 and a beta of 0.34. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a 50-day moving average price of $27.80 and a 200 day moving average price of $26.18.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. During the same period last year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts predict that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a $0.2775 dividend. The ex-dividend date is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 3.9%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Institutional Trading of AT&T

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Claret Asset Management Corp lifted its holdings in AT&T by 9.6% in the 2nd quarter. Claret Asset Management Corp now owns 7,998 shares of the technology company’s stock worth $231,000 after buying an additional 700 shares in the last quarter. Quantbot Technologies LP acquired a new position in AT&T in the 2nd quarter worth $712,000. Blueshift Asset Management LLC acquired a new position in AT&T in the 2nd quarter worth $423,000. Finally, JT Stratford LLC lifted its holdings in AT&T by 5.3% in the 2nd quarter. JT Stratford LLC now owns 18,378 shares of the technology company’s stock worth $532,000 after buying an additional 920 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. The Goldman Sachs Group dropped their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. Barclays dropped their target price on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Williams Trading set a $32.00 target price on shares of AT&T in a report on Thursday, January 29th. UBS Group reaffirmed a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Sanford C. Bernstein dropped their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.74.

About Senator Fetterman

John Fetterman (Democratic Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2023. His current term ends on January 3, 2029.

Fetterman (Democratic Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 8, 2022.

In his role as lieutenant governor, Fetterman served as president of the Senate. He ran on a joint ticket with the gubernatorial nominee, Tom Wolf (D).

Fetterman was a 2016 Democratic candidate who sought election to the U.S. Senate from Pennsylvania. He was defeated by Katie McGinty in the Democratic primary. He served as mayor of Braddock, Pennsylvania, from 2005 to 2019; he won his first term by one vote.

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.