Rep. David Taylor Purchases 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 October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on October 15th. 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 Prologis (NYSE:PLD) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 10/15/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

AT&T Price Performance

Shares of NYSE:T opened at $21.45 on Friday. The business has a 50 day moving average price of $24.36 and a 200 day moving average price of $24.96. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.43. The company has a market cap of $144.50 billion, a price-to-earnings ratio of 11.59, a PEG ratio of 1.04 and a beta of 0.25. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22.

AT&T (NYSE:T) last released its earnings results on Wednesday, October 21st. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The firm had revenue of $32.32 billion for the quarter, compared to analyst estimates of $31.69 billion. During the same quarter last year, the firm posted $0.54 EPS. The company’s revenue was up 5.2% on a year-over-year basis. Research analysts predict that AT&T Inc. will post 2.39 earnings per share for the current year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be paid a dividend of $0.2775 per share. The ex-dividend date is Friday, October 9th. This represents a $1.11 annualized dividend and a yield of 5.2%. AT&T’s dividend payout ratio is presently 60.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on T. Weiss Ratings upgraded shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Sanford C. Bernstein cut shares of AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 target price for the company. in a research note on Tuesday, October 13th. The Goldman Sachs Group set a $27.00 price target on shares of AT&T in a report on Wednesday, October 21st. Royal Bank Of Canada reduced their price target on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Finally, Scotiabank decreased their price target on shares of AT&T from $27.50 to $26.50 and set a “sector perform” rating on the stock in a research report on Friday, October 9th. Twelve analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.55.

More AT&T News

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

• Positive Sentiment: Fresh estimates indicate that building a nationwide wireless network would be expensive for SpaceX, reducing the near-term threat to established carriers such as AT&T. T-Mobile’s decision not to pursue an MVNO arrangement with SpaceX also suggests incumbents are not immediately embracing the proposed rival. T-Mobile, SpaceX and wireless competition article
• Positive Sentiment: Televisa expects AT&T’s planned purchase to strengthen its competitive position. A stronger strategic footprint could support AT&T’s long-term growth and operating leverage, although the transaction is expected to increase debt. Televisa expects AT&T purchase to strengthen position
• Neutral Sentiment: Wireless pioneer Ray Dolan suggested mobile internet could eventually become free if carriers monetize data collected from cell-tower sensing. The idea highlights a possible future revenue stream for AT&T, but it is speculative and unlikely to affect near-term earnings. Wireless carriers and free mobile internet article
• Negative Sentiment: AT&T’s dividend payments reportedly fell 46% while the company directed billions toward share repurchases. Buybacks can support per-share earnings and signal management confidence, but the reduced dividend is a drawback for income-focused investors and raises questions about whether capital returns are being shifted away from cash payouts. AT&T dividend payments and stock buybacks article

Hedge Funds Weigh In On AT&T

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC lifted its position in shares of AT&T by 7.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 365,724 shares of the technology company’s stock worth $8,924,000 after purchasing an additional 26,507 shares during the period. Covestor Ltd increased its position in shares of AT&T by 28.8% during the third quarter. Covestor Ltd now owns 11,367 shares of the technology company’s stock worth $278,000 after buying an additional 2,539 shares during the period. 3Chopt Investment Partners LLC acquired a new stake in shares of AT&T during the third quarter worth $433,000. Compass Financial Management LLC increased its position in shares of AT&T by 12.0% during the third quarter. Compass Financial Management LLC now owns 27,472 shares of the technology company’s stock worth $670,000 after buying an additional 2,939 shares during the period. Finally, Focused Wealth Management Inc raised its stake in AT&T by 4.9% during the third quarter. Focused Wealth Management Inc now owns 62,438 shares of the technology company’s stock worth $1,523,000 after buying an additional 2,895 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

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

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.