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 Price Performance
NYSE:T traded down $1.95 during midday trading on Friday, hitting $26.65. The company had a trading volume of 61,325,675 shares, compared to its average volume of 36,457,814. The company has a market capitalization of $191.27 billion, a PE ratio of 17.88, a P/E/G ratio of 3.00 and a beta of 0.42. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 52-week low of $15.94 and a 52-week high of $29.03. The stock's fifty day moving average price is $26.26 and its 200-day moving average price is $23.73.
AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.48 by $0.06. AT&T had a return on equity of 13.97% and a net margin of 8.95%. As a group, research analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.
AT&T Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Thursday, April 10th. AT&T's dividend payout ratio is currently 74.50%.
Institutional Investors Weigh In On AT&T
A number of institutional investors have recently modified their holdings of the stock. Paloma Partners Management Co lifted its position in AT&T by 141.8% in the 3rd quarter. Paloma Partners Management Co now owns 31,038 shares of the technology company's stock valued at $683,000 after acquiring an additional 105,338 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of AT&T by 1,855.5% during the third quarter. Benjamin Edwards Inc. now owns 92,810 shares of the technology company's stock valued at $2,042,000 after purchasing an additional 88,064 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of AT&T by 9.2% during the third quarter. HighTower Advisors LLC now owns 2,477,287 shares of the technology company's stock valued at $54,509,000 after buying an additional 208,775 shares during the last quarter. Janus Henderson Group PLC increased its holdings in AT&T by 24.5% in the 3rd quarter. Janus Henderson Group PLC now owns 701,054 shares of the technology company's stock worth $15,413,000 after buying an additional 138,100 shares in the last quarter. Finally, Pingora Partners LLC raised its position in AT&T by 1.4% in the 3rd quarter. Pingora Partners LLC now owns 141,443 shares of the technology company's stock worth $3,112,000 after buying an additional 2,000 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on T. Royal Bank of Canada upped their price objective on shares of AT&T from $27.00 to $28.00 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. DZ Bank raised AT&T from a "hold" rating to a "buy" rating and set a $27.00 price objective on the stock in a research note on Wednesday, January 29th. Citigroup boosted their target price on AT&T from $28.00 to $32.00 and gave the company a "buy" rating in a research note on Monday, March 31st. Morgan Stanley upgraded AT&T from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $19.00 to $28.00 in a research report on Monday, December 16th. Finally, Sanford C. Bernstein boosted their price objective on AT&T from $28.00 to $29.00 and gave the company an "outperform" rating in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, AT&T has a consensus rating of "Moderate Buy" and a consensus target price of $27.21.
View Our Latest Stock Analysis on AT&T
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
(
Get Free Report)
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.
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