Rep. David Taylor Purchases AT&T Inc. (NYSE:T) Stock

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 Trading Down 2.0%

T stock opened at $22.34 on Thursday. AT&T Inc. has a 12-month low of $21.99 and a 12-month high of $29.79. The business’s 50-day moving average is $24.54 and its 200 day moving average is $25.68. 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 stock has a market cap of $155.26 billion, a price-to-earnings ratio of 7.50, a PEG ratio of 0.95 and a beta of 0.21.

AT&T (NYSE:T) last announced its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side 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. Investors of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, July 10th. AT&T’s payout ratio is presently 37.25%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T declared a quarterly dividend of $0.2775 per share, reinforcing its appeal as a high-yield income stock with an annualized yield of about 5.0%. AT&T Declares Dividends on Common and Preferred Shares
• Positive Sentiment: AT&T also announced continued collaboration with Intrado to support next-generation 9-1-1 services, which may help strengthen its network capabilities and support regulatory compliance. Intrado and AT&T Strengthen Longstanding Collaboration to Support NG 9-1-1 Innovation
• Neutral Sentiment: Multiple market recaps simply noted that AT&T fell more than the broader market, without identifying a major new catalyst beyond sector weakness. Here’s Why AT&T (T) Fell More Than Broader Market
• Negative Sentiment: California regulators pushed back on AT&T’s copper-network retirement plans, creating a fresh policy overhang that could slow network modernization efforts. What California's Regulatory Resistance Means For AT&T Stock

Analysts Set New Price Targets

T has been the subject of a number of analyst reports. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Weiss Ratings downgraded AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. KeyCorp boosted their price objective on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. Scotiabank cut their target price on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. Finally, Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $30.55.

Institutional Trading of AT&T

Institutional investors and hedge funds have recently bought and sold shares of the stock. GGM Financials LLC purchased a new position in shares of AT&T during the third quarter worth $25,000. Fairway Wealth LLC acquired a new stake in shares of AT&T during the first quarter worth about $29,000. Robinswood Financial LLC acquired a new stake in shares of AT&T during the first quarter worth about $29,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T in the fourth quarter valued at approximately $25,000. Finally, Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T in the fourth quarter valued at approximately $25,000. 57.10% of the stock is currently owned by hedge funds and other 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.

About AT&T

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.