Nisa Investment Advisors LLC Cuts Position in American Tower Corporation $AMT

Nisa Investment Advisors LLC decreased its position in American Tower Corporation (NYSE:AMT) by 6.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,823 shares of the real estate investment trust’s stock after selling 10,747 shares during the quarter. Nisa Investment Advisors LLC’s holdings in American Tower were worth $28,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMT. Lazard Asset Management LLC grew its holdings in shares of American Tower by 1,984.8% in the third quarter. Lazard Asset Management LLC now owns 4,464,382 shares of the real estate investment trust’s stock valued at $858,552,000 after purchasing an additional 4,250,242 shares in the last quarter. Viking Global Investors LP raised its stake in American Tower by 233.5% during the second quarter. Viking Global Investors LP now owns 2,797,125 shares of the real estate investment trust’s stock valued at $618,221,000 after purchasing an additional 1,958,329 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in American Tower during the third quarter valued at $305,872,000. Arrowstreet Capital Limited Partnership lifted its position in American Tower by 35.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,796,007 shares of the real estate investment trust’s stock valued at $537,728,000 after purchasing an additional 724,504 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of American Tower by 11.9% in the 2nd quarter. Invesco Ltd. now owns 6,680,524 shares of the real estate investment trust’s stock worth $1,476,529,000 after buying an additional 708,808 shares during the last quarter. 92.69% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Rajesh Kalathur bought 2,671 shares of the stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $185.30 per share, with a total value of $494,936.30. Following the completion of the purchase, the director owned 4,936 shares of the company’s stock, valued at $914,640.80. This trade represents a 117.92% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Eugene M. Noel sold 41,209 shares of American Tower stock in a transaction dated Monday, March 2nd. The shares were 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 of the company’s stock, valued at $5,653,551.60. The trade was a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.18% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AMT shares. Sanford C. Bernstein began coverage on shares of American Tower in a report on Thursday, March 5th. They issued a “market perform” rating and a $205.00 price target for the company. Royal Bank Of Canada decreased their price objective on American Tower from $220.00 to $195.00 and set a “sector perform” rating on the stock in a research report on Monday, January 12th. Scotiabank dropped their target price on American Tower from $220.00 to $214.00 and set a “sector outperform” rating for the company in a report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of American Tower in a research report on Monday, December 29th. Finally, The Goldman Sachs Group lowered their price target on American Tower from $230.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Tower presently has an average rating of “Moderate Buy” and an average target price of $216.76.

American Tower News Summary

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

• Positive Sentiment: Truist initiated coverage with a Buy and a $205 price target, arguing that tower assets have durable long-term upside; the initiation gives the stock fresh analyst support and a notable upside target relative to current levels. Truist Financial Initiates AMT
• Positive Sentiment: Company outlined a 2026 strategic pivot at the Media, Internet & Telecom Conference emphasizing targeted expansion in Europe plus a multi?year cost-savings plan intended to boost margins and enforce more disciplined operations — a direct operational lever investors can model into future margin and free?cash?flow improvement. American Tower Refocuses On Europe
• Neutral Sentiment: Company scheduled its Q1 2026 results and conference call for April 28 — the timing concentrates near-term event risk and gives investors a date to re?assess revenue, margins and guidance execution against the new cost plan. AMT Q1 2026 Release Scheduled
• Negative Sentiment: Management flagged continued challenges in Latin America and confirmed Dish Network is not part of the current growth framework — these constrain near-term growth optionality and help explain cautious near-term sentiment despite longer-term positives. LATAM Headwinds Noted
• Neutral Sentiment: Market write-ups and roundup pieces noted the stock rose modestly on the session, reflecting mixed investor read-throughs from the conference and the Truist initiation rather than any single transformative catalyst. AMT Market Recap

American Tower Stock Up 1.3%

Shares of NYSE:AMT opened at $172.53 on Wednesday. The firm has a market capitalization of $80.41 billion, a PE ratio of 32.01, a price-to-earnings-growth ratio of 0.72 and a beta of 0.92. The business has a 50 day simple moving average of $181.32 and a two-hundred day simple moving average of $182.06. American Tower Corporation has a 1 year low of $165.08 and a 1 year high of $234.33. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.60 and a quick ratio of 0.60.

American Tower (NYSE:AMT) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share for the quarter, missing the consensus estimate of $2.54 by ($0.79). American Tower had a return on equity of 24.36% and a net margin of 23.76%.The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.69 billion. During the same quarter in the previous year, the company posted $2.62 earnings per share. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. On average, equities analysts predict that American Tower Corporation will post 10.14 EPS for the current year.

American Tower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 14th will be given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 4.1%. This is a positive change from American Tower’s previous quarterly dividend of $1.70. The ex-dividend date is Tuesday, April 14th. American Tower’s dividend payout ratio is 126.16%.

American Tower Company 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.