American Tower Corporation $AMT Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in shares of American Tower Corporation (NYSE:AMT) by 7.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 49,514 shares of the real estate investment trust’s stock after selling 3,906 shares during the period. Sanctuary Advisors LLC’s holdings in American Tower were worth $8,693,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Golden State Equity Partners raised its position in shares of American Tower by 16.2% during the 4th quarter. Golden State Equity Partners now owns 2,381 shares of the real estate investment trust’s stock worth $418,000 after acquiring an additional 332 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of American Tower by 69.0% during the 4th quarter. Concurrent Investment Advisors LLC now owns 5,651 shares of the real estate investment trust’s stock worth $992,000 after acquiring an additional 2,307 shares in the last quarter. Mendel Money Management raised its position in shares of American Tower by 105.6% during the 4th quarter. Mendel Money Management now owns 6,200 shares of the real estate investment trust’s stock worth $1,089,000 after acquiring an additional 3,185 shares in the last quarter. TBH Global Asset Management LLC raised its position in shares of American Tower by 5.9% during the 4th quarter. TBH Global Asset Management LLC now owns 2,298 shares of the real estate investment trust’s stock worth $403,000 after acquiring an additional 129 shares in the last quarter. Finally, NBC Securities Inc. raised its position in shares of American Tower by 28.6% during the 4th quarter. NBC Securities Inc. now owns 4,404 shares of the real estate investment trust’s stock worth $773,000 after acquiring an additional 979 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

American Tower Trading Up 1.6%

NYSE:AMT opened at $178.10 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 3.27. American Tower Corporation has a 12-month low of $165.08 and a 12-month high of $234.33. The firm has a market cap of $83.01 billion, a P/E ratio of 33.04, a PEG ratio of 0.74 and a beta of 0.92. The stock’s 50 day simple moving average is $180.25 and its 200-day simple moving average is $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 for the quarter, beating analysts’ consensus estimates of $1.59 by $1.25. American Tower had a return on equity of 24.36% and a net margin of 23.76%.The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the business earned $2.75 earnings per share. The company’s revenue for the quarter 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. Equities analysts anticipate that American Tower Corporation will post 10.59 EPS for the current year.

American Tower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were paid a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from American Tower’s previous quarterly dividend of $1.70. The ex-dividend date was Tuesday, April 14th. American Tower’s dividend payout ratio (DPR) is presently 132.84%.

Insider Buying and Selling

In related news, COO Eugene M. Noel sold 41,209 shares of American Tower stock in a transaction that occurred 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 $5,653,551.60. The trade was a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Rajesh Kalathur purchased 2,671 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the purchase, the director owned 4,936 shares of the company’s stock, valued at approximately $914,640.80. This represents a 117.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.08% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on AMT shares. Barclays cut their price target 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. BMO Capital Markets lifted their price target 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. Truist Financial started coverage on American Tower in a research report on Tuesday, March 31st. They set a “buy” rating and a $205.00 price target on the stock. UBS Group cut their price target 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. Finally, New Street Research raised American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price target on the stock in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $217.33.

More American Tower News

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

• Positive Sentiment: Q1 results and FFO beat — AMT reported funds from operations of $2.84 per share and revenue of $2.74B, topping consensus and showing mid-single?digit revenue growth; management raised FY 2026 EPS guidance. AMT Q1 FFO Beats Estimates on Higher Property Revenues
• Positive Sentiment: Raised full?year outlook — management cited strong leasing demand, cloud adoption and AI?driven workloads as reasons to lift guidance, which supports a re?rating on growth expectations. American Tower raises annual forecast on strong leasing demand, cloud adoption
• Positive Sentiment: Data?center/Campus momentum — CoreSite (an AMT company) expanded its Open Cloud Exchange with 100Gbps Ethernet virtual circuits, strengthening AMT’s positioning in higher?growth interconnection and enterprise/cloud workloads. CoreSite Launches 100G Ethernet Virtual Circuits on Open Cloud Exchange® Interconnection Platform
• Neutral Sentiment: Investor takeaways and technicals — several market writeups weigh the pullback versus long?term thesis (mixed short?term returns vs. multi?year growth drivers); pieces suggest this is a buy?the?dip debate rather than a clear sell signal. Is It Time To Revisit American Tower (AMT) After Its Recent Share Price Pullback
• Neutral Sentiment: Management commentary — earnings call/transcripts emphasize durable structural demand (5G, fixed wireless, AI workloads) supporting long?term visibility; useful for conviction but not an immediate cash catalyst. American Tower (AMT) Q1 2026 Earnings Transcript
• Negative Sentiment: Analyst/valuation headwinds — some coverage notes recent downgrades and the stock’s pullback over the last year; concerns about valuation and near?term returns persist for income/value investors. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Leverage and valuation metrics — AMT carries a relatively high debt/equity ratio and a P/E that reflects growth expectations; investors sensitive to interest rates or execution risk may view this as a downside factor. American Tower earnings & metrics (MarketBeat)

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.