Rep. Cleo Fields Purchases Shares of AT&T Inc. (NYSE:T)

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

AT&T stock opened at $26.95 on Thursday. The company has a market cap of $193.89 billion, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 3.37 and a beta of 0.42. AT&T Inc. has a one year low of $18.14 and a one year high of $29.19. The business has a fifty day moving average of $27.77 and a two-hundred day moving average of $26.38. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.65 and a current ratio of 0.70.

AT&T (NYSE:T) last posted 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 company had revenue of $30.63 billion for the quarter, compared to analyst estimates of $30.39 billion. AT&T had a net margin of 9.64% and a return on equity of 13.63%. AT&T’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.55 earnings per share. As a group, analysts predict that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Thursday, July 10th will be given a $0.2775 dividend. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.12%. 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. Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, April 24th. Tigress Financial boosted their price target on AT&T from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Royal Bank Of Canada increased their price target on AT&T from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, April 24th. Citigroup reaffirmed a “buy” rating on shares of AT&T in a research report on Tuesday, June 17th. Finally, Scotiabank upped 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. One analyst has rated the stock with a sell rating, six have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.17.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Stone House Investment Management LLC bought a new stake in shares of AT&T in the 1st quarter worth approximately $25,000. O Brien Wealth Partners LLC acquired a new stake in AT&T in the second quarter worth $26,000. Hager Investment Management Services LLC lifted its stake in AT&T by 182.1% in the first quarter. Hager Investment Management Services LLC now owns 993 shares of the technology company’s stock valued at $28,000 after buying an additional 641 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in shares of AT&T during the first quarter valued at $29,000. Finally, Core Alternative Capital boosted its holdings in shares of AT&T by 125.4% during the first quarter. Core Alternative Capital now owns 1,021 shares of the technology company’s stock valued at $29,000 after acquiring an additional 568 shares during the period. 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.

About AT&T

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.