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 Up 0.6%
Shares of T traded up $0.14 during mid-day trading on Thursday, reaching $22.51. 6,866,454 shares of the company’s stock traded hands, compared to its average volume of 43,876,781. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The stock’s 50-day moving average is $24.54 and its two-hundred day moving average is $25.68. AT&T Inc. has a 12 month low of $21.99 and a 12 month high of $29.79. The stock has a market cap of $156.40 billion, a P/E ratio of 7.57, a P/E/G ratio of 0.95 and a beta of 0.21.
AT&T Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. AT&T’s dividend payout ratio is currently 37.25%.
Institutional Investors Weigh In On AT&T
A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position 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 acquiring an additional 3,585,661 shares during the period. State Street Corp increased its position in shares of 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 buying an additional 8,314,678 shares in the last quarter. Bank of America Corp DE lifted its position in shares of AT&T by 4.6% during the 1st quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company’s stock valued at $3,629,307,000 after buying an additional 5,449,222 shares in the last quarter. Norges Bank purchased a new position in AT&T during the fourth quarter valued at $2,181,977,000. Finally, Bank of New York Mellon Corp boosted its holdings in AT&T by 12.7% in the 1st quarter. Bank of New York Mellon Corp now owns 72,764,509 shares of the technology company’s stock worth $2,109,443,000 after buying an additional 8,197,935 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on T. Scotiabank reduced their price target on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Wednesday, May 20th. Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Citigroup raised their price objective on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.
View Our Latest Stock Report on AT&T
AT&T News Summary
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 income appeal and suggesting management remains committed to shareholder returns. AT&T Declares Dividends on Common and Preferred Shares
- Positive Sentiment: Intrado said it will continue supporting AT&T’s next-generation 9-1-1 capabilities, a reminder that the company is still investing in network and emergency-services upgrades that could support long-term service quality. Intrado and AT&T Strengthen Longstanding Collaboration to Support NG 9-1-1 Innovation
- Positive Sentiment: Analysts remain bullish despite recent weakness, with coverage pointing to upside potential and AT&T’s role in telecom/cable industry consolidation, which may be helping limit downside sentiment. AT&T (T) Trades Near Its 52-Week Low, But Analysts Remain Bullish
- Neutral Sentiment: A Q1 comparison article reviewed AT&T’s performance versus other wireless, cable and satellite peers, but it did not point to a fresh catalyst on its own. Q1 Rundown: AT&T (NYSE:T) Vs Other Consumer Discretionary – Wireless, Cable and Satellite Stocks
- Negative Sentiment: AT&T shares fell after California regulators pushed back on the company’s copper-network retirement plans, adding policy uncertainty around its network modernization efforts. What California’s Regulatory Resistance Means For AT&T Stock
- Negative Sentiment: Broader market reporting also highlighted AT&T’s recent slide, reflecting weak price momentum as the stock hovers close to its 52-week low. Here’s Why AT&T (T) Fell More Than Broader Market
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.
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