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

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 Trading Down 3.9%

NYSE T opened at $27.54 on Tuesday. The firm has a market capitalization of $192.77 billion, a PE ratio of 9.03, a P/E/G ratio of 1.07 and a beta of 0.39. The stock’s 50 day moving average is $26.10 and its 200 day moving average is $26.32. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $33.47 billion for 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 company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Hedge Funds Weigh In On AT&T

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Front Row Advisors LLC purchased a new position in shares of AT&T during the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. grew its holdings in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares during the period. GGM Financials LLC purchased a new position in AT&T in the third quarter worth about $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T in the fourth quarter worth approximately $25,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of AT&T during the 4th quarter valued at $25,000. Institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Loop Capital set a $29.00 price objective on shares of AT&T in a report on Friday, December 19th. Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. KeyCorp reiterated an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. Scotiabank increased their target price on AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a research note on Monday. Finally, UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus target price of $30.00.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T reported a recent quarterly earnings beat and raised FY2026 EPS guidance framework, showing operating momentum and profit resilience. (Q4 results and FY26 guidance.)
• Positive Sentiment: Strategic partnerships aimed at AI use cases — notably a tie-up with AWS to support last‑mile AI workloads — strengthen AT&T’s positioning as a carrier for AI-era enterprise services. AT&T pairs with AWS
• Positive Sentiment: Some brokerviews are constructive: Scotiabank raised its price target to $31 (sector perform) and consensus brokerage ratings remain broadly favorable, which supports upside if execution is strong. Benzinga note
• Neutral Sentiment: Management is rolling out new segment reporting starting with Q1 2026 to improve transparency on returns from 5G and fiber investments — helpful for investors evaluating capital allocation over time. Deutsche Bank presentation
• Neutral Sentiment: Company publicity around its 150th anniversary underscores brand legacy but has limited direct market impact. 150th anniversary release
• Negative Sentiment: AT&T announced plans to invest more than $250 billion over five years to expand U.S. network infrastructure — a huge capex commitment that raises near-term free cash flow and financing concerns, and likely explains downward pressure on the stock today. Investors are weighing execution risk, timing of returns, and potential impacts on leverage (debt-to-equity ~1.0). Reuters: $250B plan Business Insider: $250B analysis PR Newswire: corporate release

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.