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 November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on November 3rd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

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

• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 11/3/2026.

AT&T Price Performance

T stock traded down $0.03 during trading on Friday, reaching $22.15. The company’s stock had a trading volume of 50,495,549 shares, compared to its average volume of 50,515,588. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22. The company’s fifty day moving average is $23.57 and its 200-day moving average is $24.88. The company has a market capitalization of $149.23 billion, a P/E ratio of 11.97, a price-to-earnings-growth ratio of 1.10 and a beta of 0.30. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.43.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. The business had revenue of $32.32 billion for the quarter, compared to the consensus estimate of $31.69 billion. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The business’s revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.54 earnings per share. On average, research analysts expect that AT&T Inc. will post 2.40 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Monday, October 12th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Friday, October 9th. AT&T’s dividend payout ratio is presently 60.00%.

Institutional Investors Weigh In On AT&T

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE purchased a new position in shares of AT&T in the 2nd quarter worth approximately $2,310,898,000. GQG Partners LLC purchased a new stake in AT&T during the 2nd quarter valued at $1,223,364,000. Legal & General Group Plc purchased a new stake in AT&T during the 2nd quarter valued at $960,695,000. State Street Corp raised its holdings in AT&T by 5.8% during the 2nd quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock valued at $6,919,464,000 after buying an additional 18,468,679 shares during the period. Finally, Nykredit A S bought a new stake in AT&T in the second quarter worth $259,954,000. Institutional investors own 57.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Daiwa Securities Group dropped their target price on shares of AT&T from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. The Goldman Sachs Group set a $27.00 price target on shares of AT&T in a report on Wednesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research note on Friday, October 30th. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective for the company in a report on Thursday, July 23rd. Finally, Raymond James Financial cut their price objective on AT&T from $33.00 to $29.00 in a research report on Thursday, October 22nd. Twelve analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.56.

Key Headlines Impacting AT&T

Investors following T have been watching these headlines:

• Positive Sentiment: AT&T and AST SpaceMobile were highlighted for a historic satellite call, drawing attention to the potential of satellite-to-phone connectivity. The development could support AT&T’s effort to extend coverage, though the report provides no details on commercial timing or financial impact. Space Stocks Are Complex. York Sinks, AST and AT&T Make Historic Satellite Call.
• Neutral Sentiment: AT&T broke ground on a 54-acre global headquarters campus in Plano, Texas, including new fiber infrastructure. The project signals investment in its workforce and network capabilities, but also entails construction spending and is not an immediate earnings catalyst. AT&T Breaks Ground on New Global Headquarters
• Negative Sentiment: AT&T and Verizon plan to retire some copper landlines, prompting concerns among rural Texans who may rely on the service. The transition could bring customer, service-availability, and regulatory challenges. AT&T, Verizon Move to Retire Some Copper Landlines

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.