Rep. Josh Gottheimer Sells AT&T Inc. (NYSE:T) Shares

Posted by Brian Himes on May 21st, 2026

AT&T logo Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of AT&T Inc. (NYSE:T). In a filing disclosed on May 19th, the Representative disclosed that they had sold between $1,001 and $15,000 in AT&T stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – ACTIVE ASSET ACCOUNT # 3” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/23/2026.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.

AT&T Stock Down 0.2%

Shares of T opened at $24.93 on Thursday. The company has a market capitalization of $173.19 billion, a P/E ratio of 8.36, a PEG ratio of 0.92 and a beta of 0.23. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The business’s 50 day simple moving average is $26.73 and its 200-day simple moving average is $26.00. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87.

AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts predict that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. AT&T’s payout ratio is 37.25%.

AT&T News Summary

Here are the key news stories impacting AT&T this week:

Positive Sentiment: AT&T announced a $19 billion commitment to expand fiber and wireless infrastructure in California through 2030, including more than 4 million additional households and businesses to be reached with fiber and over 1,200 new cell sites. The move reinforces long-term growth prospects and network modernization. Article Title
Positive Sentiment: AT&T Fiber was ranked #1 in customer satisfaction by ACSI for the fourth straight year, which supports the company’s competitive position in broadband and may help retention and pricing power. Article Title
Positive Sentiment: Royal Bank of Canada reaffirmed its outperform rating on AT&T and set a $31 price target, signaling confidence in upside from current levels. Article Title
Neutral Sentiment: Several articles highlighted AT&T as a value and dividend stock, including comparisons with Verizon and broader “safe income” screens. These pieces may support investor sentiment, but they are not direct catalysts. Article Title
Negative Sentiment: AT&T sued California to block requirements tied to traditional copper phone service, underscoring regulatory friction as the company pushes to migrate customers to modern networks. Article Title
Negative Sentiment: A Seeking Alpha article flagged cash flow weakness as a possible issue, even while arguing the valuation remains compelling. That combination suggests investors are still focused on near-term cash generation risks. Article Title

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in T. Brighton Jones LLC lifted its position in AT&T by 26.5% during the 4th 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 in the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of AT&T by 4,352.9% in the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after acquiring an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC increased its position in shares of AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after acquiring an additional 1,022 shares during the last quarter. HUB Investment Partners LLC raised its holdings in AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its holdings in AT&T by 1.8% during the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

T has been the topic of several analyst reports. Wells Fargo & Company cut their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. Scotiabank cut their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 23rd. Morgan Stanley assumed coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target on the stock. Finally, Oppenheimer lifted their price objective on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $30.55.

Read Our Latest Stock Report on T

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

AT&T Company Profile

(Get Free Report)

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.