Sen. Gary C. Peters (D-MI) Buys AT&T (T) Stock
Financial Disclosure Report
Secretary of the Senate • Office of Public Records • 232 Hart Senate Office Building • Washington, DC 20510
Filer Information
- Name:
- Sen. Gary C. Peters (D-MI)
- Status:
- Member — Senate
- State/District:
- MI
- Party:
- Democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jul 2, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| AT&T Inc. ($T) | Buy | Jun 29, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document.
Key Points
- Senator Gary C. Peters bought AT&T Inc. stock in a transaction valued between $1,001 and $15,000, disclosed in a periodic report on July 2, 2026.
- AT&T trades with a trailing P/E ratio of 7.76 and a dividend yield of 4.72% as the company prepares to report earnings on October 21, 2026.
- Major Wall Street firms including Wolfe Research and BNP Paribas recently updated their outlooks on the telecom provider.
Since the trade, $T is down 5.7% after 1 week, up 11.2% after 1 month and up 10.1% to date (from the $21.29 close on Jun 29, 2026).
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Democratic Senator Gary C. Peters of Michigan purchased shares of AT&T Inc. (T) on June 29, 2026. According to a periodic transaction report made public under the STOCK Act on July 2, 2026, the trade carried a value between $1,001 and $15,000.
T
AT&T Inc.
Gary C Peters vs. the S&P 500
Hypothetical returns from Gary C Peters's disclosed trades, not real profit or advice. How we model this.
Inside Senator Gary C. Peters's AT&T Trade
The transaction from the Democratic lawmaker adds to congressional interest in the telecom provider following prior disclosures earlier in the year by other members of Congress.
Other Institutional Activity in AT&T
Large institutional investors have also adjusted their positions in the telecom giant recently. Newport Trust Company, LLC trimmed its holdings by 753,830 shares, leaving it with 178,729,595 shares valued at about $4,189,421,802 in its report for the period ending June 30, 2026.
AT&T Inc. Stock Up 2.1%
AT&T shares closed at $21.29 on the date of the trade. The stock recently traded around $23.54, sitting about 10.6% above that event-day close but trailing its 50-day and 200-day moving averages.
Recent Earnings
The telecom firm reports trailing twelve-month revenue of $127.24 billion and an earnings per share of $3.03, alongside a net profit margin of 16.9% and a return on equity of 18.3%. The company is scheduled to release its next financial results on October 21, 2026.
Dividend
AT&T distributes an annual dividend with a payout ratio of 36.6%, offering shareholders a dividend yield of 4.72% based on recent market pricing.
Analysts Set New Price Targets
Several research firms updated their views on the company following the summer period. On July 23, 2026, Wolfe Research upgraded the stock to an Outperform rating with a $29.00 price target. Morgan Stanley maintained its Overweight rating and lifted its target to $27.00. TD Cowen maintained a Hold rating with a $33.00 target, while RBC Capital reiterated an Outperform rating with a $27.00 target. Later, on September 21, 2026, BNP Paribas upgraded the stock to Outperform with a $30.00 price target.
About AT&T Inc.
Headquartered in Dallas, Texas, AT&T provides telecommunications, media, and technology services to customers around the globe. The company operates core segments that deliver wireless voice and data communications, broadband connections, and networking solutions to individual consumers and enterprise clients alike.
Bottom Line
Congressional stock disclosures offer insight into the personal portfolios of elected officials without signaling broader market trends. Observers can watch for upcoming financial updates on October 21, 2026, for a clearer picture of the company's operational performance.
Related Filing Alerts
Source: Gary C. Peters's STOCK Act disclosure on $T (Jun 29, 2026). Written by software, not financial advice. How we make alerts