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

Representative David Taylor (Republican-Ohio) recently sold shares of AT&T Inc. (NYSE:T). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in AT&T stock on February 26th. 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 Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

AT&T Stock Up 0.4%

Shares of T traded up $0.12 during trading hours on Tuesday, reaching $27.65. The company’s stock had a trading volume of 6,894,720 shares, compared to its average volume of 45,487,184. The company has a 50 day moving average of $26.10 and a two-hundred day moving average of $26.32. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $193.54 billion, a price-to-earnings ratio of 9.08, a P/E/G ratio of 1.07 and a beta of 0.39. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s payout ratio is 36.39%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Loop Capital set a $29.00 price target on shares of AT&T in a report on Friday, December 19th. Williams Trading set a $32.00 price objective on shares of AT&T in a report on Thursday, January 29th. The Goldman Sachs Group reduced their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Finally, Citigroup cut their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.35.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T announced a $250 billion+ commitment to expand U.S. network infrastructure over five years — a long-term investment designed to position the company as a leading provider for 5G, fiber and AI-era connectivity, which could drive future revenue and enterprise wins. AT&T to invest $250 billion over five years in US to boost infrastructure
• Positive Sentiment: AT&T partnered with AWS to support last‑mile AI workloads — a strategic tie-up that underscores AT&T’s push into enterprise AI services and can help monetize the network upgrades. AT&T pairs with AWS to support last-mile AI workloads
• Positive Sentiment: Analyst sentiment is improving: Arete Research upgraded T from “sell” to “neutral” with a $28 target, and Scotiabank raised its target to $31 (sector perform) — incremental support for the shares, though targets imply limited near-term upside. Finviz — Arete upgrade
• Neutral Sentiment: AT&T’s CFO gave a scheduled update at the Deutsche Bank conference; management said new segment reporting (starting Q1 2026) will improve visibility into returns on 5G/fiber investments — helpful for analysts but not immediately EPS‑accretive. Pascal Desroches to Update Shareholders at Deutsche Bank Media, Internet & Telecom Conference on March 9
• Neutral Sentiment: Corporate PR and NYSE events mark AT&T’s 150th anniversary (CEO to ring the bell) and recount the company’s history — positive for brand but unlikely to move fundamentals. NYSE Content Update: AT&T CEO John Stankey to Ring Bell on 150th Anniversary of First Phone Call
• Negative Sentiment: Some investors appear concerned about the scale and timing of the $250B commitment — the size raises questions on near‑term cash flow, capital allocation, and how quickly returns will materialize; that uncertainty is likely contributing to selling pressure today.

Institutional Trading of AT&T

Several institutional investors have recently modified their holdings of T. Vanguard Group Inc. grew its stake in shares of AT&T by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock valued at $16,495,144,000 after purchasing an additional 3,585,661 shares during the period. State Street Corp grew its position in AT&T by 2.6% in the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock valued at $8,249,109,000 after acquiring an additional 8,314,678 shares during the period. Geode Capital Management LLC raised its stake in AT&T by 1.2% during the second quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock worth $4,958,066,000 after acquiring an additional 2,066,026 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of AT&T by 3.5% during the fourth quarter. Bank of America Corp DE now owns 119,742,478 shares of the technology company’s stock valued at $2,974,403,000 after acquiring an additional 4,079,062 shares during the period. Finally, Norges Bank acquired a new stake in shares of AT&T in the 4th quarter valued at $2,181,977,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

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 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.