Vest Financial LLC Increases Stake in American Tower Corporation $AMT

Vest Financial LLC raised its holdings in American Tower Corporation (NYSE:AMT) by 14.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,819 shares of the real estate investment trust’s stock after buying an additional 8,123 shares during the period. Vest Financial LLC’s holdings in American Tower were worth $11,029,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Brighton Jones LLC raised its position in American Tower by 113.0% in the 4th quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock valued at $727,000 after purchasing an additional 2,104 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of American Tower by 34.3% during the second quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock worth $319,000 after buying an additional 368 shares during the period. United Bank raised its holdings in American Tower by 12.7% in the second quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock valued at $1,434,000 after acquiring an additional 733 shares in the last quarter. Treasurer of the State of North Carolina lifted its stake in American Tower by 2.2% in the second quarter. Treasurer of the State of North Carolina now owns 218,511 shares of the real estate investment trust’s stock worth $48,295,000 after acquiring an additional 4,778 shares during the last quarter. Finally, Ieq Capital LLC lifted its stake in American Tower by 52.2% in the second quarter. Ieq Capital LLC now owns 34,248 shares of the real estate investment trust’s stock worth $7,570,000 after acquiring an additional 11,751 shares during 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 firm’s fifty day moving average price is $180.25 and its 200 day moving average price is $180.05. American Tower Corporation has a 12 month low of $165.08 and a 12 month 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. The company has a market capitalization of $83.01 billion, a price-to-earnings ratio of 33.04, a price-to-earnings-growth ratio of 0.74 and a beta of 0.92.

American Tower (NYSE:AMT) last announced 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 net margin of 23.76% and a return on equity of 24.36%. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the company earned $2.75 earnings per share. American Tower’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. On average, sell-side analysts expect that American Tower Corporation will post 10.59 earnings per share for the current fiscal year.

American Tower Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on AMT. UBS Group dropped their price objective on shares of American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and increased their target price for the company from $189.00 to $205.00 in a report on Wednesday, April 15th. Truist Financial initiated coverage on American Tower in a research note on Tuesday, March 31st. They issued a “buy” rating and a $205.00 price target on the stock. Sanford C. Bernstein initiated coverage on American Tower in a research report on Thursday, March 5th. They set a “market perform” rating and a $205.00 price objective for the company. Finally, Royal Bank Of Canada dropped their price objective on American Tower from $220.00 to $195.00 and set a “sector perform” rating on the stock in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $217.33.

Insider Buying and Selling

In other news, COO Eugene M. Noel sold 41,209 shares of the 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Rajesh Kalathur bought 2,671 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $185.30 per share, for a total transaction 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.08% of the company’s stock.

Key Stories Impacting American Tower

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

• Positive Sentiment: Q1 results topped expectations: FFO of $2.84/sh and revenue of $2.74B beat consensus, and management raised FY?2026 EPS guidance to $10.90–11.07 (above the Street). That drove upside to near?term earnings and outlook. American Tower Reports First Quarter 2026 Financial Results
• Positive Sentiment: Data?center and CoreSite momentum: management highlighted robust leasing and cloud/AI-driven demand for data?center capacity; CoreSite is rolling out 100Gbps EVCs, supporting higher-margin leasing opportunities. These trends underpin the raised outlook. American Tower Lifts Outlook Amid Data Center Surge
• Neutral Sentiment: Analyst reactions are mixed: Barclays trimmed its price target slightly and kept an Equal Weight rating; some shops are cautious despite the beat, leaving near?term multiple compression possible. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
• Neutral Sentiment: Income appeal: AMT is being highlighted in high?yield/dividend growth lists (yield ~3.9%), which can support demand from income?oriented investors but may cap upside vs. growth names. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Critical takes and a rating downgrade emerged: at least one firm argued the shares lack near?term catalysts and downgraded the stock, which can weigh on investor sentiment despite the beat. American Tower: There’s Nothing To Wake The Stock Up (Rating Downgrade)
• Negative Sentiment: Operational headwinds: management noted margin pressures and uneven regional growth that could limit near?term margin expansion and complicate execution. American Tower Corp (AMT) Q1 2026 Earnings Call Highlights: Strong Data Center Growth and …

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.