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

American Tower (NYSE:AMT)‘s stock had its “sector perform” rating reissued by equities researchers at Royal Bank Of Canada in a research note issued on Thursday,Benzinga reports. They currently have a $195.00 price target on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 7.31% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Truist Financial increased their price target on shares of American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday. Sanford C. Bernstein raised their price objective on shares of American Tower from $205.00 to $207.00 and gave the stock a “market perform” rating in a report on Tuesday. UBS Group dropped their price objective on shares of American Tower from $254.00 to $248.00 and set a “buy” rating for the company in a report on Wednesday, February 25th. The Goldman Sachs Group dropped their price objective on shares of American Tower from $230.00 to $210.00 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $240.00 price objective on shares of American Tower in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $218.05.

American Tower Stock Performance

NYSE:AMT opened at $181.72 on Thursday. American Tower has a 12-month low of $165.08 and a 12-month high of $234.33. The company has a quick ratio of 0.60, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $84.69 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 0.77 and a beta of 0.90. The firm has a 50-day moving average price of $180.04 and a 200 day moving average price of $180.05.

American Tower (NYSE:AMT) 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, topping the consensus estimate of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the prior year, the business posted $2.75 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Research analysts anticipate that American Tower will post 10.62 earnings per share for the current fiscal year.

Insider Activity at American Tower

In related news, Director Rajesh Kalathur purchased 2,671 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average price of $185.30 per share, with a total value of $494,936.30. Following the completion of the acquisition, the director directly owned 4,936 shares in the company, valued at approximately $914,640.80. This trade represents a 117.92% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief operating officer directly owned 29,592 shares of the company’s stock, valued at approximately $5,653,551.60. This represents a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,181 shares of company stock valued at $8,046,071 over the last quarter. Corporate insiders own 0.08% of the company’s stock.

Institutional Trading of American Tower

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. boosted its stake in American Tower by 8.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 96,793 shares of the real estate investment trust’s stock valued at $18,615,000 after acquiring an additional 7,872 shares during the last quarter. Eastern Bank boosted its stake in American Tower by 69.6% in the third quarter. Eastern Bank now owns 139,091 shares of the real estate investment trust’s stock valued at $26,750,000 after acquiring an additional 57,078 shares during the last quarter. Krilogy Financial LLC bought a new position in American Tower in the third quarter valued at approximately $1,044,000. Machina Capital S.A.S. bought a new position in American Tower in the third quarter valued at approximately $2,871,000. Finally, Commerzbank Aktiengesellschaft FI boosted its stake in American Tower by 92.4% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 61,397 shares of the real estate investment trust’s stock valued at $11,808,000 after acquiring an additional 29,486 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Key American Tower News

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

• Positive Sentiment: Q1 beat and upgraded outlook — AMT reported AFFO and revenue above estimates and raised FY?2026 guidance, giving the stock fundamental support from recurring cash flow strength. Read More.
• Positive Sentiment: CoreSite/AI tailwinds — CoreSite launched 100Gbps connectivity across its Open Cloud Exchange to target AI/ML and high?bandwidth workloads, supporting data?center growth that can diversify AMT’s revenue mix. Read More.
• Positive Sentiment: Dividend lift — the company raised the quarterly dividend (to $1.79) paid late April, reinforcing the REIT income profile that appeals to yield?oriented holders. Read More.
• Positive Sentiment: Analyst support — several firms raised price targets or reiterated buy/overweight stances (e.g., Truist raised its target), which underpins medium?term upside expectations. Read More.
• Neutral Sentiment: JPMorgan recalibration — JPM trimmed its target from $245 to $240 but kept an overweight rating; this is a modest adjustment rather than a downgrade and leaves meaningful upside. Read More.
• Neutral Sentiment: RBC reaffirmed sector?perform ($195) — mixed analyst views persist across brokers, creating intra?day volatility as investors weigh growth vs. valuation. Read More.
• Neutral Sentiment: Insider selling under 10b5?1 — EVP Ruth T. Dowling sold small lots (pre?arranged plan); routine plan sales can seed supply but do not necessarily signal deteriorating fundamentals. Read More.
• Negative Sentiment: Critical commentary on valuation/catalysts — some analysts and commentators argue AMT lacks near?term re?rating catalysts and flag margin/valuation risks, which can prompt short?term profit?taking. Read More.

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.