American Tower (NYSE:AMT) Earns Sector Perform Rating from Royal Bank Of Canada

American Tower (NYSE:AMT)‘s stock had its “sector perform” rating restated by equities research analysts at Royal Bank Of Canada in a report issued on Thursday,Benzinga reports. They presently have a $195.00 target price on the real estate investment trust’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 7.34% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. UBS Group cut their price objective on shares of American Tower from $254.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. TD Cowen lowered their target price on American Tower from $235.00 to $225.00 in a research note on Wednesday, February 25th. Raymond James Financial reissued a “strong-buy” rating and set a $240.00 price target on shares of American Tower in a report on Wednesday. Citizens Jmp reaffirmed a “market outperform” rating and issued a $260.00 price objective on shares of American Tower in a report on Wednesday. Finally, Jefferies Financial Group increased their price objective on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, American Tower currently has a consensus rating of “Moderate Buy” and an average price target of $218.05.

American Tower Stock Performance

American Tower stock traded up $3.48 during mid-day trading on Thursday, hitting $181.67. 752,230 shares of the company’s stock traded hands, compared to its average volume of 3,198,557. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a 50 day simple moving average of $180.08 and a two-hundred day simple moving average of $180.03. American Tower has a fifty-two week low of $165.08 and a fifty-two week high of $234.33. The stock has a market cap of $84.67 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 0.74 and a beta of 0.92.

American Tower (NYSE:AMT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, beating the consensus estimate of $1.59 by $1.25. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.65 billion. American Tower had a net margin of 23.76% and a return on equity of 24.36%. The company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, research analysts expect that American Tower will post 10.59 EPS for the current fiscal year.

Insider Buying and Selling at American Tower

In related news, Director Rajesh Kalathur bought 2,671 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $185.30 per share, for a total transaction of $494,936.30. Following the transaction, the director owned 4,936 shares in the company, valued at $914,640.80. The trade was a 117.92% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Eugene M. Noel sold 41,209 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $191.05, for a total value of $7,872,979.45. Following the sale, the chief operating officer directly 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. 0.08% of the stock is owned by insiders.

Hedge Funds Weigh In On American Tower

Hedge funds and other institutional investors have recently made changes to their positions in the company. Oakworth Capital Inc. increased its stake in American Tower by 90.7% in the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 68 shares during the last quarter. Richards Merrill & Peterson Inc. bought a new stake in American Tower during the fourth quarter worth $25,000. Swiss RE Ltd. acquired a new stake in shares of American Tower in the 4th quarter valued at $25,000. Triumph Capital Management bought a new position in shares of American Tower in the 3rd quarter valued at $29,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of American Tower in the 4th quarter valued at $27,000. 92.69% of the stock is currently owned by institutional investors and hedge funds.

American Tower News Summary

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

• Positive Sentiment: Q1 results beat and outlook hike — AMT reported Q1 AFFO/FFO and revenue above estimates, with management raising full?year guidance as property and data?center revenues improved; this is the primary driver of today’s upside. American Tower (AMT) Reports Q1 AFFO and Revenue Above Estimates
• Positive Sentiment: CoreSite 100Gbps upgrade supports AI demand — CoreSite launched 100Gbps EVCs on its Open Cloud Exchange to serve AI/ML and high?bandwidth workloads, strengthening AMT’s data?center growth narrative that underpinned the outlook raise. American Tower Leans On CoreSite 100Gbps Push For AI Growth
• Positive Sentiment: Multiple analyst target lifts and buy/outperform notes — Several firms moved price targets higher or reaffirmed bullish ratings (Truist raised to $208, Scotiabank to $218, Citizens Jmp reaffirmed $260), adding support to the stock after the quarter. Analyst Coverage (representative)
• Neutral Sentiment: Mixed analyst views remain — Some shops kept neutral or trimmed guidance-based recommendations (Barclays cut its numeric recommendation recently; JPM lowered a price target but kept an overweight stance), so sentiment is not uniformly bullish. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
• Neutral Sentiment: Dividend profile noted — AMT remains in dividend?growth/high?yield lists (~3.9% yield cited), which may attract income investors but limits upside for purely growth trades. Dividend coverage (InsiderMonkey)
• Negative Sentiment: Margin pressures and regional headwinds flagged on the call — Management noted margin pressure in parts of the business and uneven regional growth, which could compress near?term profitability if trends persist. AMT Q1 2026 Earnings Call Highlights
• Negative Sentiment: Bearish commentary and downgrades — Some analysts/commentators argue the stock lacks a near?term catalyst and issued cautious pieces or downgrades, which can cap momentum if follow?through selling occurs. Seeking Alpha: There’s Nothing To Wake The Stock Up

About American Tower

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.