TD Private Client Wealth LLC Lowers Holdings in American Tower Corporation $AMT

Posted by Tammy Falkenburg on May 21st, 2026

TD Private Client Wealth LLC lowered its position in shares of American Tower Corporation (NYSE:AMT – Free Report) by 49.7% in the fourth quarter, Holdings Channel reports. The firm owned 3,547 shares of the real estate investment trust’s stock after selling 3,501 shares during the period. TD Private Client Wealth LLC’s holdings in American Tower were worth $623,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Personal CFO Solutions LLC grew its holdings in shares of American Tower by 3.5% during the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 57 shares during the period. Pines Wealth Management LLC grew its holdings in shares of American Tower by 4.1% during the 3rd quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust’s stock worth $286,000 after purchasing an additional 58 shares during the period. Conscious Wealth Investments LLC grew its holdings in shares of American Tower by 0.5% during the 3rd quarter. Conscious Wealth Investments LLC now owns 11,852 shares of the real estate investment trust’s stock worth $2,121,000 after purchasing an additional 60 shares during the period. SPC Financial Inc. grew its holdings in shares of American Tower by 1.5% during the 3rd quarter. SPC Financial Inc. now owns 4,093 shares of the real estate investment trust’s stock worth $787,000 after purchasing an additional 61 shares during the period. Finally, Cary Street Partners Financial LLC grew its holdings in shares of American Tower by 0.4% during the 3rd quarter. Cary Street Partners Financial LLC now owns 15,152 shares of the real estate investment trust’s stock worth $2,914,000 after purchasing an additional 62 shares during the period. Hedge funds and other institutional investors own 92.69% of the company’s stock.

American Tower Stock Performance

Shares of AMT opened at $183.89 on Thursday. The business’s 50 day moving average is $177.43 and its two-hundred day moving average is $179.05. American Tower Corporation has a 52-week low of $165.08 and a 52-week high of $234.33. The firm has a market cap of $85.67 billion, a price-to-earnings ratio of 29.71, a PEG 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 – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $1.24. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates 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 was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Analysts forecast that American Tower Corporation will post 10.67 EPS for the current fiscal year.

American Tower Increases Dividend

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

Wall Street Analysts Forecast Growth

AMT has been the subject of a number of analyst reports. Jefferies Financial Group upped their price target on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Barclays cut their target price on American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. Weiss Ratings raised American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $240.00 target price on shares of American Tower in a research report on Wednesday, April 29th. Finally, UBS Group cut their target price on American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. One equities 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $216.20.

Check Out Our Latest Stock Report on AMT

Insider Activity at American Tower

In related news, EVP Ruth T. Dowling sold 416 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total transaction of $73,856.64. Following the sale, the executive vice president directly owned 29,461 shares of the company’s stock, valued at approximately $5,230,505.94. This represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur purchased 2,671 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the transaction, the director owned 4,936 shares in the company, valued at approximately $914,640.80. This represents a 117.92% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety 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.

Key American Tower News

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

About American Tower

(Free Report)

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.