American Tower Corporation $AMT Shares Acquired by Sivia Capital Partners LLC

Sivia Capital Partners LLC increased its holdings in American Tower Corporation (NYSE:AMT) by 284.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,125 shares of the real estate investment trust’s stock after acquiring an additional 3,792 shares during the quarter. Sivia Capital Partners LLC’s holdings in American Tower were worth $900,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Krilogy Financial LLC bought a new position in American Tower during the 3rd quarter worth approximately $1,044,000. ABC Arbitrage SA bought a new position in American Tower during the 3rd quarter worth approximately $4,093,000. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in American Tower by 4.9% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 181,053 shares of the real estate investment trust’s stock worth $34,820,000 after buying an additional 8,466 shares during the last quarter. ING Groep NV lifted its holdings in American Tower by 5,413.1% during the 3rd quarter. ING Groep NV now owns 60,534 shares of the real estate investment trust’s stock worth $11,642,000 after buying an additional 59,436 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its holdings in American Tower by 60.2% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 8,577 shares of the real estate investment trust’s stock worth $1,649,000 after buying an additional 3,224 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Insider Activity at American Tower

In related news, EVP Ruth T. Dowling sold 416 shares of the firm’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 value of $73,856.64. Following the sale, the executive vice president directly owned 29,461 shares in the company, valued at $5,230,505.94. This trade represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur bought 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, 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 $914,640.80. This trade 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 company insiders.

American Tower Price Performance

Shares of AMT opened at $194.34 on Friday. The company has a market cap of $90.54 billion, a P/E ratio of 31.40, a PEG ratio of 0.76 and a beta of 0.90. The stock has a fifty day moving average price of $178.55 and a 200 day moving average price of $179.48. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.43 and a quick ratio of 0.43. American Tower Corporation has a 12 month low of $165.08 and a 12 month high of $234.33.

American Tower (NYSE:AMT) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.66 billion. During the same period last year, the firm earned $2.75 EPS. The firm’s 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, research analysts forecast that American Tower Corporation will post 10.67 earnings per share for the current year.

American Tower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Friday, June 12th will be given a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, June 12th. American Tower’s dividend payout ratio (DPR) is currently 115.67%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Sanford C. Bernstein raised American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 target price on the stock in a report on Tuesday, May 19th. Citizens Jmp reaffirmed a “market outperform” rating and set a $260.00 target price on shares of American Tower in a report on Wednesday, April 29th. Barclays reduced their target price on American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Morgan Stanley reduced their target price on American Tower from $225.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Finally, Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $189.00 to $205.00 in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.20.

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.