American Tower Corporation $AMT Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC reduced its stake in shares of American Tower Corporation (NYSE:AMT) by 5.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 77,936 shares of the real estate investment trust’s stock after selling 4,786 shares during the quarter. Motley Fool Asset Management LLC’s holdings in American Tower were worth $12,757,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Dynamic Wealth Strategies LLC increased its holdings in shares of American Tower by 11.1% in the third quarter. Dynamic Wealth Strategies LLC now owns 549 shares of the real estate investment trust’s stock valued at $90,000 after purchasing an additional 55 shares during the last quarter. Pinnacle Bancorp Inc. boosted its stake in American Tower by 1.3% during the third quarter. Pinnacle Bancorp Inc. now owns 4,491 shares of the real estate investment trust’s stock worth $736,000 after buying an additional 59 shares during the last quarter. William Allan Corp boosted its stake in American Tower by 4.7% during the third quarter. William Allan Corp now owns 1,391 shares of the real estate investment trust’s stock worth $228,000 after buying an additional 62 shares during the last quarter. Community Financial Services Group LLC boosted its stake in American Tower by 1.2% during the second quarter. Community Financial Services Group LLC now owns 5,388 shares of the real estate investment trust’s stock worth $895,000 after buying an additional 65 shares during the last quarter. Finally, Sunburst Financial Group LLC grew its holdings in American Tower by 3.5% in the 2nd quarter. Sunburst Financial Group LLC now owns 1,933 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 66 shares in the last quarter. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Barclays raised their target price on American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 30th. Citigroup lowered their price target on shares of American Tower from $225.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday. Sanford C. Bernstein lowered their price target on shares of American Tower from $214.00 to $212.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 20th. Mizuho set a $208.00 price objective on shares of American Tower in a report on Thursday, August 20th. Finally, TD Cowen raised their price objective on shares of American Tower from $225.00 to $227.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $215.95.

Insider Activity at American Tower

In other American Tower news, Director Rajesh Kalathur purchased 2,829 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were acquired at an average price of $177.00 per share, with a total value of $500,733.00. Following the purchase, the director directly owned 7,765 shares in the company, valued at approximately $1,374,405. This trade represents a 57.31% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.08% of the stock is currently owned by company insiders.

Trending Headlines about American Tower

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

• Positive Sentiment: American Tower’s Q3 results exceeded expectations on key operating measures: adjusted funds from operations were $2.87 per share versus the $2.84 consensus, while revenue reached $2.78 billion. Management raised its full-year 2026 outlook for the third time, supported by steady global leasing demand. American Tower Raises Its 2026 Outlook For Third Time
• Positive Sentiment: CoreSite data-center revenue increased 16.3%, driven by strong AI and cloud leasing activity. American Tower also lifted its 2026 data-center revenue growth outlook to 16% and is targeting 200–300 basis points of tower-margin expansion by 2030, reinforcing its long-term growth narrative. American Tower Raises Data Center Revenue Outlook
• Positive Sentiment: The board authorized a $2 billion share-repurchase program. Buybacks can support per-share results and signal that management views the stock as attractively valued. American Tower Share Repurchase Program
• Neutral Sentiment: Citigroup lowered its price target from $225 to $220 but maintained a “buy” rating, while JPMorgan reduced its target from $240 to $230 and retained an “overweight” rating. Both firms still imply substantial upside, but the reductions may temper investor enthusiasm. Citigroup American Tower Rating
• Negative Sentiment: The headline earnings reaction has been weak even though cash generation and guidance improved. Reported EPS of $1.64 met estimates rather than exceeded them, and revenue growth was modest at 2.5% year over year, leaving investors concerned that the positive developments may already be reflected in the valuation. American Tower Stock Price Dips as Q3 Results Lift Guidance

American Tower Stock Down 0.2%

AMT stock opened at $183.46 on Thursday. The firm has a market cap of $85.48 billion, a PE ratio of 25.23, a PEG ratio of 3.03 and a beta of 0.88. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.52 and a current ratio of 0.52. The firm’s 50 day moving average price is $175.39 and its 200-day moving average price is $177.18. American Tower Corporation has a one year low of $160.06 and a one year high of $202.50.

American Tower (NYSE:AMT) last released its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $1.64 EPS for the quarter, meeting analysts’ consensus estimates of $1.64. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. American Tower had a return on equity of 32.76% and a net margin of 31.08%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.78 earnings per share. On average, equities research analysts anticipate that American Tower Corporation will post 10.80 EPS for the current year.

American Tower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Wednesday, September 30th were given a $1.79 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. American Tower’s payout ratio is currently 98.49%.

American Tower announced that its Board of Directors has initiated a share repurchase program on Tuesday, October 27th that allows the company to repurchase $2 billion in shares. This buyback authorization allows the real estate investment trust to purchase shares of its stock through open market purchases. Share buyback programs are often a sign that the company’s management believes its shares are undervalued.

American Tower Profile

American Tower Corporation (NYSE:AMT) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its portfolio primarily includes communications towers, rooftop sites, distributed antenna systems and other infrastructure used by wireless carriers, broadcasters, governments and businesses to support voice, data and video communications.

The company leases space on its sites to multiple customers, allowing them to install antennas and related equipment without building and maintaining individual tower locations.