Rep. Tim Moore (R-NC) Buys AT&T (T) Stock

Representative Tim Moore, a Republican member of the U.S. House from North Carolina, recently added AT&T Inc. (NYSE: T) to his investment portfolio. According to a Periodic Transaction Report filed under the STOCK Act, Moore bought between $50,001 and $100,000 worth of shares on June 4, 2026. The purchase was officially disclosed on June 8, 2026.

Timing of the AT&T Trade

The gap between when a politician trades and when the public finds out can vary, but Moore reported this transaction relatively quickly. He executed the buy on June 4 and filed the paperwork just four days later. This follows other recent activity from House members in the same stock; Representative David Taylor also reported buying AT&T shares twice in 2026, though his trades were for smaller amounts between $1,001 and $15,000.

AT&T Stock Performance

Shares of AT&T were trading at $20.66 on Saturday. This price is quite close to the stock's 52-week low of $19.89, suggesting the purchase occurred while the stock was under pressure. The company is currently valued at about $161.03 billion and trades at a price-to-earnings (P/E) ratio of 7.76. This P/E ratio, which compares the stock price to the company's annual earnings, is lower than many of its peers in the communication services sector. The stock is currently trading below its 50-day moving average of $24.94 and its 200-day moving average of $25.11.

Recent Earnings and Financial Health

In its most recent financial reports, AT&T showed revenue of $127.24 billion, which is a 2.3% increase from the previous period. The company maintains a net margin of 16.94% and a return on equity of 18.34%. These figures help paint a picture of how efficiently the company is generating profit from its assets. Investors looking ahead should note that AT&T is scheduled to report its next set of earnings on October 21, 2026.

Dividend Information

AT&T remains a popular choice for investors looking for regular income. The company pays an annual dividend with a yield of 4.72%. Its payout ratio stands at 36.63%, which tells us that the company uses about a third of its earnings to cover these payments to shareholders, leaving the rest for debt reduction or business reinvestment.

Analysts Set New Price Targets

Several Wall Street firms have recently weighed in on the telecom giant. On October 9, 2026, Scotiabank maintained a Sector Perform rating but lowered its price target to $26.50. This followed an earlier target cut by the same firm on October 2. Other analysts are more optimistic; BNP Paribas upgraded the stock to an Outperform rating on September 21, 2026, with a $30.00 target. Morgan Stanley also maintained an Overweight rating on September 28, 2026, setting a target of $28.00. Currently, 23 analysts follow the stock, with an average price target of $28.76.

About AT&T Inc.

AT&T is a massive provider of phone and internet services around the world. It runs a huge wireless network in the U.S. and Mexico through brands like Cricket and its own namesake stores. It also provides high-speed fiber internet to homes and businesses. As the company continues to focus on its core connectivity business, trades by high-profile figures like members of Congress often draw attention to the stock's valuation and yield.

This report is based on a public disclosure and does not mean the trade was based on any private information. Congressional trades are backward-looking and are disclosed after they occur.