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

Key Points

• Representative David Taylor (R-Ohio) recently purchased shares of AT&T Inc. (NYSE:T) between $1,001 and $15,000, as disclosed in a filing on September 2nd.
• AT&T's stock performance includes a 1-year low of $20.25 and a high of $29.65, with a recent opening price of $29.03.
• The company has declared a quarterly dividend of $0.2775 per share, representing an annualized yield of 3.8% and a payout ratio of 63.07%.

Representative David Taylor (R-Ohio) recently bought shares of AT&T Inc. (NYSE:T). In a filing disclosed on September 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in AT&T stock on July 18th. 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 Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC on 8/14/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/7/2025.

AT&T Price Performance

Shares of T stock traded up $0.52 during trading hours on Thursday, reaching $29.56. The stock had a trading volume of 31,831,939 shares, compared to its average volume of 36,816,730. The stock's fifty day simple moving average is $28.17 and its 200 day simple moving average is $27.58. The firm has a market capitalization of $211.33 billion, a PE ratio of 16.79, a PEG ratio of 3.62 and a beta of 0.44. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01. AT&T Inc. has a 12 month low of $20.52 and a 12 month high of $29.70.

AT&T (NYSE:T - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. AT&T had a net margin of 10.29% and a return on equity of 13.36%. The firm had revenue of $30.85 billion for the quarter, compared to analysts' expectations of $30.44 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The business's quarterly revenue was up 3.4% on a year-over-year basis. On average, equities research analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Thursday, July 10th were given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Thursday, July 10th. AT&T's dividend payout ratio (DPR) is 63.07%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in T. Brighton Jones LLC boosted its stake in AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company's stock worth $1,106,000 after acquiring an additional 10,188 shares in the last quarter. Yoffe Investment Management LLC bought a new stake in shares of AT&T in the 4th quarter worth approximately $213,000. AlTi Global Inc. grew its stake in shares of AT&T by 40.8% in the 4th quarter. AlTi Global Inc. now owns 15,389 shares of the technology company's stock worth $350,000 after buying an additional 4,459 shares during the last quarter. Aptus Capital Advisors LLC increased its position in AT&T by 14.1% during the 4th quarter. Aptus Capital Advisors LLC now owns 123,270 shares of the technology company's stock valued at $2,807,000 after buying an additional 15,258 shares in the last quarter. Finally, BNP Paribas raised its stake in AT&T by 1.0% during the fourth quarter. BNP Paribas now owns 41,716 shares of the technology company's stock valued at $942,000 after buying an additional 430 shares during the last quarter. Institutional investors own 57.10% of the company's stock.

Wall Street Analysts Forecast Growth

T has been the subject of several research reports. UBS Group reaffirmed a "buy" rating and issued a $31.00 target price (up previously from $30.00) on shares of AT&T in a research note on Wednesday, June 18th. Citigroup restated a "buy" rating on shares of AT&T in a research report on Tuesday, August 26th. Bank of America initiated coverage on AT&T in a report on Monday, July 7th. They issued a "buy" rating and a $32.00 price objective on the stock. Wells Fargo & Company increased their price objective on AT&T from $30.00 to $31.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Finally, Sanford C. Bernstein raised their price target on shares of AT&T from $31.00 to $32.00 and gave the stock an "outperform" rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $30.55.

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 holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.