AT&T (NYSE:T) Stock Acquired by Rep. David Taylor

Key Points

• Rep. David Taylor disclosed purchasing $1,001–$15,000 of AT&T shares on November 3 in a joint brokerage account.
• AT&T beat quarterly earnings expectations, reporting EPS of $0.65 versus $0.60 expected and revenue of $32.32 billion, up 5.2% year over year.
• AT&T’s quarterly dividend is $0.2775 per share, equivalent to an annualized yield of about 5.0%; analysts’ consensus rating is “Moderate Buy,” with a $27.56 average price target.

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 Stock Down 0.1%

T stock opened at $22.15 on Friday. The firm has a market capitalization of $149.23 billion, a PE ratio of 9.28, a P/E/G ratio of 1.10 and a beta of 0.30. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.43. The stock's 50 day moving average is $23.57 and its 200-day moving average is $24.88.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.05. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The business had revenue of $32.32 billion during the quarter, compared to analyst estimates of $31.69 billion. During the same period in the prior year, the firm posted $0.54 EPS. AT&T's quarterly revenue was up 5.2% compared to the same quarter last year. Sell-side analysts expect that AT&T Inc. will post 2.40 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Stockholders of record on Monday, October 12th were issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, October 9th. AT&T's dividend payout ratio (DPR) is currently 60.00%.

Trending Headlines about 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
• Neutral Sentiment: Elon Musk said SpaceX could acquire a legacy telecom to access spectrum, after reports that AT&T and other carriers declined requests to use their networks. The comments underscore the strategic value of AT&T’s spectrum, but do not indicate a deal or specific financial benefit. Musk Says SpaceX Could Acquire a Legacy Telco

Hedge Funds Weigh In On AT&T

A number of large investors have recently modified their holdings of the company. State Street Corp boosted its stake in AT&T by 5.8% during the second 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. Bank of America Corp DE raised its holdings in shares of AT&T by 4.6% in 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 acquiring an additional 5,449,222 shares in the last quarter. Bank of New York Mellon Corp raised its stake in AT&T by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 75,323,574 shares of the technology company's stock valued at $1,559,198,000 after purchasing an additional 2,559,065 shares in the last quarter. GQG Partners LLC purchased a new stake in AT&T in the second quarter valued at approximately $1,223,364,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in AT&T by 2.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,616,152 shares of the technology company's stock valued at $1,151,254,000 after purchasing an additional 1,336,556 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on T. BNP Paribas Exane raised shares of AT&T from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $26.00 to $30.00 in a report on Monday, September 21st. JPMorgan Chase & Co. lowered their price objective on shares of AT&T from $33.00 to $31.00 and set an "overweight" rating on the stock in a research report on Thursday, October 22nd. Morgan Stanley reduced their target price on shares of AT&T from $28.00 to $25.00 and set an "overweight" rating for the company in a research report on Thursday, October 22nd. Citigroup decreased their price target on shares of AT&T from $31.50 to $28.00 and set a "buy" rating for the company in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada lowered their price target on shares of AT&T from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Monday, July 20th. Twelve analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.56.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.