MQS Management LLC Invests $554,000 in American Tower Corporation $AMT

MQS Management LLC acquired a new position in shares of American Tower Corporation (NYSE:AMT) during the 4th quarter, Holdings Channel.com reports. The fund acquired 3,154 shares of the real estate investment trust’s stock, valued at approximately $554,000.

Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of American Tower by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock worth $12,239,277,000 after purchasing an additional 611,801 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of American Tower by 20,721.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,712,672 shares of the real estate investment trust’s stock worth $1,705,254,000 after purchasing an additional 9,666,025 shares in the last quarter. Invesco Ltd. grew its holdings in shares of American Tower by 3.1% during the 3rd quarter. Invesco Ltd. now owns 6,888,633 shares of the real estate investment trust’s stock worth $1,324,822,000 after purchasing an additional 208,109 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of American Tower by 1.0% during the 4th quarter. Principal Financial Group Inc. now owns 6,038,061 shares of the real estate investment trust’s stock worth $1,060,103,000 after buying an additional 57,545 shares during the period. Finally, Capital Research Global Investors lifted its position in shares of American Tower by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 4,924,771 shares of the real estate investment trust’s stock worth $947,132,000 after buying an additional 15,145 shares during the period. Institutional investors and hedge funds own 92.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on AMT shares. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $189.00 to $205.00 in a research report on Wednesday, April 15th. Raymond James Financial restated a “strong-buy” rating and set a $240.00 target price on shares of American Tower in a research report on Wednesday, April 29th. BMO Capital Markets raised their target price on American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 25th. UBS Group cut their target price on American Tower from $254.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Finally, Jefferies Financial Group raised their target price 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 analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and an average price target of $216.20.

Insider Transactions at American Tower

In other news, Director Rajesh Kalathur bought 2,671 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the transaction, the director directly 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 SEC, which is available at the SEC website. Also, EVP Ruth T. Dowling sold 416 shares of the business’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total value of $73,856.64. Following the sale, the executive vice president owned 29,461 shares of the company’s stock, valued at approximately $5,230,505.94. The trade was a 1.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 42,181 shares of company stock worth $8,046,071 over the last 90 days. 0.08% of the stock is owned by insiders.

American Tower Price Performance

Shares of AMT stock opened at $183.77 on Friday. The stock’s fifty day moving average is $177.40 and its 200-day moving average is $179.12. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market capitalization of $85.62 billion, a PE ratio of 29.69, a PEG ratio of 0.77 and a beta of 0.90. American Tower Corporation has a 52 week low of $165.08 and a 52 week high of $234.33.

American Tower (NYSE:AMT) last announced its earnings results 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. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Equities research analysts expect that American Tower Corporation will post 10.67 EPS for the current fiscal year.

American Tower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Friday, June 12th will be given a dividend of $1.79 per share. The ex-dividend date is Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.9%. American Tower’s payout ratio is presently 115.67%.

Key Headlines Impacting American Tower

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

• Positive Sentiment: American Tower declared a quarterly dividend of $1.79 per share, payable July 13 to shareholders of record on June 12, reinforcing its income appeal and signaling continued confidence in cash flows. American Tower Corporation Declares Quarterly Distribution
• Positive Sentiment: Shareholders also approved a new 2026 equity incentive plan, which may help align management with long-term growth execution and retention. American Tower Shareholders Approve New Equity Incentive Plan

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.