Rep. David Taylor (R-OH) Buys AT&T (T) Stock

On June 5, 2026, David Taylor, a member of the U.S. House of Representatives, purchased shares of AT&T Inc. (NYSE:T). The transaction, reported on June 15, 2026, was valued between $1,001 and $15,000. This is part of the periodic disclosures required under the STOCK Act, which aims to promote transparency in congressional stock trades.

Other Institutional Activity in AT&T

BlackRock, Inc. trimmed its AT&T holdings by 8.9 million shares, bringing its total to about 561 million shares worth approximately $16.3 billion. Meanwhile, Geode Capital Management, LLC increased its position by 4 million shares, ending with 175 million shares valued at around $5.1 billion. State Street Corp also reduced its stake by 16.3 million shares, holding 316 million shares worth about $9.2 billion.

AT&T Inc. Stock Down 10.4%

Shares of AT&T Inc. (NYSE:T) are trading near $23.58. The company boasts a market cap of $163.8 billion and a P/E ratio of 7.76. Its beta is relatively low at 0.395, indicating less volatility compared to the market. The stock has traded between $22.32 and $29.79 over the past year, with a 50-day moving average of $25.29 and a 200-day moving average of $26.20. AT&T maintains a current ratio of 0.918 and a quick ratio of 0.523, with a debt-to-equity ratio of 125.175.

Recent Earnings

AT&T reported revenue of $126.5 billion, reflecting a growth rate of 2.9%. The company achieved an EPS of $3.04, with a net margin of 16.94% and a return on equity of 18.37%. The next earnings release is scheduled for July 22, 2026.

Dividend

AT&T offers an annual dividend rate of $1.11 per share, yielding 4.71% based on current prices. The dividend payout ratio stands at 36.51%.

Insider Buying and Selling at AT&T Inc.

Several insiders made notable purchases on May 29, 2026. Beth Mooney, Stephen Luczo, Cindy Taylor, and Kelly Grier each bought 9,274 shares at an average price of $24.80. Additionally, Lori Lee, Global Marketing Officer & SEVP International, acquired 227 shares, while Jeffery McElfresh, the Chief Operating Officer, purchased 504 shares.

Analysts Set New Price Targets

On June 12, 2026, Freedom Broker initiated coverage of AT&T with a 'buy' rating and a $30 price target. RBC Capital reiterated its 'buy' rating on May 20, 2026, with a $31 target. The consensus among analysts is a 'buy' rating, with an average price target of $30.28 based on 23 opinions.

About AT&T

AT&T Inc., headquartered in Dallas, Texas, is a leading provider of telecommunications and technology services. The company operates through its Communications and Latin America segments, offering wireless voice and data services, broadband, and a range of communication solutions. Led by CEO John T. Stankey, AT&T employs over 132,000 people worldwide.

Bottom Line

David Taylor's purchase of AT&T shares highlights the ongoing interest in the telecom giant. With a solid market position and significant institutional activity, AT&T continues to attract attention. It's important to note that these stock trades are reported after the fact and may not indicate current holdings.