Rep. David Taylor Acquires Shares of AT&T Inc. (NYSE:T)

Representative David Taylor (Republican-Ohio) recently bought shares of AT&T Inc. (NYSE:T). In a filing disclosed on June 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on June 5th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
  • Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
  • Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
  • Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/5/2026.
  • Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/5/2026.
  • Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
  • Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.

AT&T Stock Up 0.4%

NYSE T traded up $0.10 during trading hours on Thursday, hitting $22.46. The company’s stock had a trading volume of 21,037,722 shares, compared to its average volume of 43,999,434. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $156.09 billion, a PE ratio of 7.54, a price-to-earnings-growth ratio of 0.95 and a beta of 0.21. The company’s 50-day simple moving average is $24.54 and its two-hundred day simple moving average is $25.68. AT&T Inc. has a 52 week low of $21.99 and a 52 week high of $29.79.

AT&T (NYSE:TGet Free Report) last announced its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same quarter in the prior year, the company posted $0.51 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.9%. AT&T’s payout ratio is currently 37.25%.

Institutional Trading of AT&T

Institutional investors have recently modified their holdings of the business. GGM Financials LLC bought a new position in shares of AT&T in the third quarter worth $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T during the 4th quarter worth about $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T in the 4th quarter worth about $25,000. Cresta Advisors Ltd. bought a new position in AT&T in the 4th quarter worth about $26,000. Finally, Blueline Advisors LLC purchased a new position in AT&T during the 4th quarter valued at about $26,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

T has been the subject of several research reports. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Arete Research raised 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. Citigroup lifted their price target on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. Scotiabank dropped their price objective 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. Finally, Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.55.

Read Our Latest Research Report on T

More AT&T News

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

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.

Featured Stories

Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.