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

Key Points

• Rep. David Taylor purchased between $1,001 and $15,000 of AT&T shares on October 15, 2026, following another AT&T purchase in the same range on October 9.
• AT&T reported quarterly earnings of $0.65 per share, beating estimates by $0.05, while revenue rose 5.2% year over year to $32.32 billion.
• The company declared a quarterly dividend of $0.2775 per share, equivalent to a 5.2% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $28.55.

Representative David Taylor (Republican-Ohio) recently bought shares of AT&T Inc. (NYSE:T). In a filing disclosed on October 29th, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on October 15th. 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 Prologis NYSE: PLD on 10/15/2026.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 10/15/2026.
• Purchased $1,001 - $15,000 in shares of RPM International NYSE: RPM on 10/15/2026.
• Sold $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 10/15/2026.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 10/15/2026.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 10/12/2026.
• Purchased $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 10/9/2026.
• Purchased $1,001 - $15,000 in shares of RPM International NYSE: RPM on 10/9/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 10/9/2026.
• Sold $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 9/22/2026.

AT&T Stock Up 2.5%

NYSE T opened at $21.45 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.22. The stock's 50 day moving average is $24.36 and its two-hundred day moving average is $24.96. The company has a market capitalization of $144.50 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 1.04 and a beta of 0.25. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.43.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The company had revenue of $32.32 billion for the quarter, compared to analyst estimates of $31.69 billion. During the same period in the prior year, the company posted $0.54 EPS. The company's revenue was up 5.2% compared to the same quarter last year. Equities analysts forecast that AT&T Inc. will post 2.39 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be paid a dividend of $0.2775 per share. The ex-dividend date is Friday, October 9th. This represents a $1.11 dividend on an annualized basis and a yield of 5.2%. AT&T's dividend payout ratio (DPR) is currently 60.00%.

Wall Street Analysts Forecast Growth

T has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their price target on AT&T from $33.00 to $31.00 and set an "overweight" rating on the stock in a research report on Thursday, October 22nd. BNP Paribas Exane upgraded shares of AT&T from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $26.00 to $30.00 in a research note on Monday, September 21st. Morgan Stanley lowered their target price on shares of AT&T from $28.00 to $25.00 and set an "overweight" rating on the stock in a report on Thursday, October 22nd. Wolfe Research raised shares of AT&T from a "peer perform" rating to an "outperform" rating and set a $29.00 target price on the stock in a report on Thursday, July 23rd. Finally, Argus reiterated a "buy" rating and set a $30.00 target price on shares of AT&T in a research report on Thursday, October 22nd. Twelve analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $28.55.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. IFM Investors Pty Ltd increased its holdings in AT&T by 5.3% during the 1st quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company's stock worth $43,142,000 after purchasing an additional 74,684 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of AT&T in the 1st quarter valued at about $2,901,000. Sound Income Strategies LLC raised its stake in shares of AT&T by 19.8% in the 3rd quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company's stock valued at $18,772,000 after purchasing an additional 124,997 shares during the period. Orographic Financial Advisors LLC bought a new stake in shares of AT&T in the first quarter valued at about $3,449,000. Finally, B.A. Schrock Wealth Management Inc. bought a new stake in shares of AT&T in the third quarter valued at about $1,583,000. 57.10% of the stock is owned by institutional investors and hedge funds.

More AT&T News

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

• Positive Sentiment: Fresh estimates indicate that building a nationwide wireless network would be expensive for SpaceX, reducing the near-term threat to established carriers such as AT&T. T-Mobile’s decision not to pursue an MVNO arrangement with SpaceX also suggests incumbents are not immediately embracing the proposed rival. T-Mobile, SpaceX and wireless competition article
• Positive Sentiment: Televisa expects AT&T’s planned purchase to strengthen its competitive position. A stronger strategic footprint could support AT&T’s long-term growth and operating leverage, although the transaction is expected to increase debt. Televisa expects AT&T purchase to strengthen position
• Neutral Sentiment: Wireless pioneer Ray Dolan suggested mobile internet could eventually become free if carriers monetize data collected from cell-tower sensing. The idea highlights a possible future revenue stream for AT&T, but it is speculative and unlikely to affect near-term earnings. Wireless carriers and free mobile internet article
• Negative Sentiment: AT&T’s dividend payments reportedly fell 46% while the company directed billions toward share repurchases. Buybacks can support per-share earnings and signal management confidence, but the reduced dividend is a drawback for income-focused investors and raises questions about whether capital returns are being shifted away from cash payouts. AT&T dividend payments and stock buybacks article

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.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.

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