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

Representative David Taylor (R-Ohio) recently sold shares of AT&T Inc. (NYSE:T). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in AT&T stock on March 10th. 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):

• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/27/2025.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of J. M. Smucker (NYSE:SJM) on 2/20/2025.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/20/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of J. M. Smucker (NYSE:SJM) on 2/10/2025.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 2/5/2025.

AT&T Stock Down 6.8 %

Shares of AT&T stock opened at $26.65 on Friday. AT&T Inc. has a one year low of $15.94 and a one year high of $29.03. The company has a market cap of $191.27 billion, a P/E ratio of 17.88, a PEG ratio of 3.00 and a beta of 0.42. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66. The firm has a fifty day moving average of $26.26 and a two-hundred day moving average of $23.73.

AT&T (NYSE:T) last posted its quarterly earnings results on Monday, January 27th. The technology company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. On average, analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th will be paid a $0.2775 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.17%. AT&T’s dividend payout ratio is currently 74.50%.

Wall Street Analyst Weigh In

Several research firms have issued reports on T. Tigress Financial increased their price objective on AT&T from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. UBS Group upped their price target on AT&T from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. DZ Bank raised AT&T from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Wednesday, January 29th. Scotiabank boosted their price objective on shares of AT&T from $26.00 to $28.50 and gave the stock a “sector outperform” rating in a research report on Monday, March 3rd. Finally, Sanford C. Bernstein raised their target price on shares of AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $27.21.

Institutional Investors Weigh In On AT&T

Institutional investors have recently bought and sold shares of the stock. Capital A Wealth Management LLC purchased a new stake in shares of AT&T during the 4th quarter valued at $25,000. Minot DeBlois Advisors LLC acquired a new position in AT&T in the fourth quarter valued at $25,000. Legacy Investment Solutions LLC purchased a new stake in AT&T during the third quarter valued at about $25,000. Putney Financial Group LLC purchased a new stake in AT&T during the fourth quarter valued at about $27,000. Finally, Marshall Investment Management LLC acquired a new stake in AT&T during the fourth quarter worth about $28,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

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.