American Tower Corporation $AMT Shares Acquired by Aew Capital Management L P

Aew Capital Management L P lifted its position in American Tower Corporation (NYSE:AMT) by 46.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,670 shares of the real estate investment trust’s stock after acquiring an additional 29,560 shares during the period. American Tower accounts for 1.2% of Aew Capital Management L P’s holdings, making the stock its 18th largest position. Aew Capital Management L P’s holdings in American Tower were worth $16,270,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Personal CFO Solutions LLC boosted its stake in shares of American Tower by 3.5% in the fourth quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock worth $293,000 after acquiring an additional 57 shares during the last quarter. Pines Wealth Management LLC boosted its position in American Tower by 4.1% during the third quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust’s stock worth $286,000 after acquiring an additional 58 shares during the last quarter. Conscious Wealth Investments LLC boosted its position in American Tower by 0.5% during the third quarter. Conscious Wealth Investments LLC now owns 11,852 shares of the real estate investment trust’s stock worth $2,121,000 after acquiring an additional 60 shares during the last quarter. SPC Financial Inc. boosted its position in American Tower by 1.5% during the third quarter. SPC Financial Inc. now owns 4,093 shares of the real estate investment trust’s stock worth $787,000 after acquiring an additional 61 shares during the last quarter. Finally, Cary Street Partners Financial LLC boosted its position in American Tower by 0.4% during the third quarter. Cary Street Partners Financial LLC now owns 15,152 shares of the real estate investment trust’s stock worth $2,914,000 after acquiring an additional 62 shares during the last quarter. 92.69% of the stock is owned by institutional investors and hedge funds.

American Tower Stock Performance

Shares of American Tower stock opened at $183.89 on Thursday. American Tower Corporation has a 52 week low of $165.08 and a 52 week high of $234.33. The business’s fifty day simple moving average is $177.43 and its 200-day simple moving average is $179.05. The firm has a market cap of $85.67 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 0.76 and a beta of 0.90. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07.

American Tower (NYSE:AMT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same period in the prior year, the business posted $2.75 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Equities analysts forecast that American Tower Corporation will post 10.67 earnings per share for the current year.

American Tower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were paid a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, April 14th. This is a positive change from American Tower’s previous quarterly dividend of $1.70. American Tower’s dividend payout ratio is currently 115.67%.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMT. Raymond James Financial restated a “strong-buy” rating and set a $240.00 price target on shares of American Tower in a research report on Wednesday, April 29th. Citizens Jmp reissued a “market outperform” rating and set a $260.00 price objective on shares of American Tower in a research note on Wednesday, April 29th. Weiss Ratings raised American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $189.00 to $205.00 in a research note on Wednesday, April 15th. Finally, Sanford C. Bernstein upgraded shares of American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 target price on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, American Tower currently has an average rating of “Moderate Buy” and a consensus target price of $216.20.

Key Stories Impacting American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Bernstein upgraded American Tower (AMT) to Outperform from Market Perform and set a $207 price target, helping fuel buying interest as investors reassessed the stock’s upside potential. Bernstein upgrades American Tower (AMT)
• Positive Sentiment: Analysts argued that concerns around satellite competition, interest rates, and Dish exposure may be overdone, which has improved sentiment toward the tower REIT group and AMT specifically. Bernstein turns bullish on American Tower, sees 17% upside
• Positive Sentiment: Recent commentary also points to American Tower’s stronger fundamentals and raised 2026 outlook after its latest quarterly report, reinforcing confidence in cash-flow growth and resilience. American Tower rises 3.4% as Bernstein upgrade revives optimism after raised 2026 outlook

Insider Buying and Selling

In related news, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $178.48, for a total transaction of $99,234.88. Following the transaction, the executive vice president owned 29,877 shares of the company’s stock, valued at approximately $5,332,446.96. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Eugene M. Noel sold 41,209 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the sale, the chief operating officer owned 29,592 shares in the company, valued at approximately $5,653,551.60. This trade represents a 58.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 42,181 shares of company stock valued at $8,046,071. Corporate insiders own 0.08% of the company’s stock.

American Tower Profile

American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.