AT&T (NYSE:T) Shares Unloaded Rep. James Comer

Key Points

• Representative James Comer sold between $1,001 and $15,000 in shares of AT&T (NYSE:T) on July 3rd, as disclosed in a filing on August 11th.
• AT&T reported a quarterly earnings result of $0.54 EPS, exceeding the expected $0.53 EPS, with a revenue of $30.85 billion for the quarter.
• The company's board declared a quarterly dividend of $0.2775, which has a yield of 3.9%, highlighting strong investor returns despite its current financial metrics.

Representative James Comer (R-Kentucky) recently sold shares of AT&T Inc. NYSE: T. In a filing disclosed on August 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in AT&T stock on July 3rd.

Representative James Comer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Churchill Downs NASDAQ: CHDN on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 7/3/2025.
• Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Marvell Technology NASDAQ: MRVL on 7/3/2025.
• Sold $1,001 - $15,000 in shares of VeriSign NASDAQ: VRSN on 7/3/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 7/3/2025.

AT&T Trading Up 0.5%

NYSE T traded up $0.14 on Friday, reaching $28.89. The stock had a trading volume of 37,018,071 shares, compared to its average volume of 33,399,430. The firm has a market capitalization of $206.57 billion, a price-to-earnings ratio of 16.41, a P/E/G ratio of 3.57 and a beta of 0.42. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 1.01. AT&T Inc. has a 12-month low of $19.08 and a 12-month high of $29.19. The stock has a fifty day moving average price of $27.90 and a two-hundred day moving average price of $27.21.

AT&T (NYSE:T - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.01. The company had revenue of $30.85 billion for the quarter, compared to analyst estimates of $30.44 billion. AT&T had a return on equity of 13.36% and a net margin of 10.29%. The firm's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 earnings per share. As a group, sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

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

Hedge Funds Weigh In On AT&T

Several large investors have recently bought and sold shares of the stock. J. L. Bainbridge & Co. Inc. raised its holdings in shares of AT&T by 1.7% in the second quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company's stock valued at $615,000 after buying an additional 355 shares during the last quarter. Financial & Tax Architects LLC raised its holdings in shares of AT&T by 4.9% in the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company's stock valued at $220,000 after buying an additional 356 shares during the last quarter. Roberts Glore & Co. Inc. IL raised its holdings in shares of AT&T by 2.0% in the second quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company's stock valued at $532,000 after buying an additional 357 shares during the last quarter. Investment Partners LTD. raised its holdings in shares of AT&T by 3.5% in the second quarter. Investment Partners LTD. now owns 10,464 shares of the technology company's stock valued at $303,000 after buying an additional 357 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its holdings in shares of AT&T by 2.5% in the second quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company's stock valued at $431,000 after buying an additional 364 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on T shares. Scotiabank upped their price objective on AT&T from $29.50 to $30.00 and gave the stock a "sector outperform" rating in a research report on Friday, July 11th. Hsbc Global Res lowered AT&T from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 24th. Citigroup reaffirmed a "buy" rating on shares of AT&T in a research report on Tuesday, June 17th. Bank of America started coverage on AT&T in a research report on Monday, July 7th. They set a "buy" rating and a $32.00 price objective on the stock. Finally, Tigress Financial upped their price objective on AT&T from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $30.21.

About Representative Comer

James Comer Jr. (Republican Party) is a member of the U.S. House, representing Kentucky's 1st Congressional District. He assumed office on November 14, 2016. His current term ends on January 3, 2027. Comer (Republican Party) is running for re-election to the U.S. House to represent Kentucky's 1st Congressional District. He declared candidacy for the 2026 election. Comer is from Tompkinsville, Ky. He acted as the director of South Central Bank for 12 years and has been the co-owner of the Comer Land and Cattle Company. He previously served as president of CFB Foods Incorporated from 2001 to 2003 and president of Comer and Polston Insurance Incorporated from 1993 to 1995.

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.