Rep. James Comer Sells Off Shares of AT&T Inc. (NYSE:T)

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 Down 0.3%

NYSE T opened at $28.40 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 1.01. The firm has a market cap of $203.07 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 3.53 and a beta of 0.42. The company has a 50 day moving average price of $27.87 and a 200 day moving average price of $27.13. AT&T Inc. has a 52 week low of $18.97 and a 52 week high of $29.19.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, July 23rd. The technology company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The firm had revenue of $30.85 billion during the quarter, compared to analyst estimates of $30.44 billion. AT&T had a net margin of 10.29% and a return on equity of 13.36%. AT&T’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. 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 disclosed a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 10th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Thursday, July 10th. AT&T’s payout ratio is 63.07%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on T. Scotiabank boosted their price objective on shares of AT&T from $29.50 to $30.00 and gave the stock a “sector outperform” rating in a research note on Friday, July 11th. UBS Group restated a “buy” rating and set a $31.00 price target (up previously from $30.00) on shares of AT&T in a research note on Wednesday, June 18th. TD Securities upped their price target on shares of AT&T from $29.00 to $30.00 and gave the company a “hold” rating in a research note on Thursday, April 24th. Barclays upped their price target on shares of AT&T from $27.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, April 25th. Finally, Hsbc Global Res lowered shares of AT&T from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.66.

Institutional Trading of AT&T

Several large investors have recently made changes to their positions in T. Brighton Jones LLC boosted its holdings in AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after buying an additional 10,188 shares in the last quarter. Yoffe Investment Management LLC purchased a new stake in AT&T during the fourth quarter worth $213,000. FIL Ltd boosted its holdings in AT&T by 6.7% during the fourth quarter. FIL Ltd now owns 46,158 shares of the technology company’s stock worth $1,051,000 after buying an additional 2,897 shares in the last quarter. F M Investments LLC lifted its holdings in AT&T by 62.7% during the fourth quarter. F M Investments LLC now owns 15,798 shares of the technology company’s stock valued at $360,000 after purchasing an additional 6,086 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in AT&T by 50.7% during the fourth quarter. Covestor Ltd now owns 4,058 shares of the technology company’s stock valued at $93,000 after purchasing an additional 1,366 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

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.

About AT&T

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.