Nisa Investment Advisors LLC Lowers Stock Position in American Tower Corporation $AMT

Nisa Investment Advisors LLC trimmed its holdings in shares of American Tower Corporation (NYSE:AMT) by 6.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor 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 SEC filing.

A number of other large investors also recently bought and sold shares of AMT. Vanguard Group Inc. boosted its position in American Tower by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock valued at $12,239,277,000 after acquiring an additional 611,801 shares in the last quarter. Invesco Ltd. lifted its stake in shares of American Tower by 3.1% during the 3rd quarter. Invesco Ltd. now owns 6,888,633 shares of the real estate investment trust’s stock worth $1,324,822,000 after purchasing an additional 208,109 shares during the last quarter. Capital Research Global Investors boosted its position in American Tower by 0.3% during the third quarter. Capital Research Global Investors now owns 4,924,771 shares of the real estate investment trust’s stock valued at $947,132,000 after purchasing an additional 15,145 shares in the last quarter. Legal & General Group Plc grew its stake in American Tower by 3.5% in the third quarter. Legal & General Group Plc now owns 4,653,248 shares of the real estate investment trust’s stock valued at $894,913,000 after purchasing an additional 159,223 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in 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 worth $858,552,000 after purchasing an additional 4,250,242 shares in the last quarter. Institutional investors own 92.69% of the company’s stock.

Wall Street Analysts Forecast Growth

AMT has been the subject of several analyst reports. Sanford C. Bernstein initiated coverage on shares of American Tower in a research report on Thursday, March 5th. They set a “market perform” rating and a $205.00 price target for the company. Scotiabank decreased their target price on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating for the company in a research report on Wednesday, February 25th. 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. Royal Bank Of Canada decreased their price objective on American Tower from $220.00 to $195.00 and set a “sector perform” rating for the company in a report on Monday, January 12th. Finally, UBS Group lowered their price objective on American Tower from $254.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $216.76.

More American Tower News

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%

AMT stock opened at $172.53 on Wednesday. The stock 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. American Tower Corporation has a 52 week low of $165.08 and a 52 week high of $234.33. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 3.27. The firm has a 50 day moving average of $181.32 and a 200 day moving average of $182.06.

American Tower (NYSE:AMT) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.75 EPS 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 company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same quarter in the previous year, the firm posted $2.62 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. Sell-side analysts forecast that American Tower Corporation will post 10.14 earnings per share for the current year.

American Tower Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th will be given a $1.79 dividend. This is an increase from American Tower’s previous quarterly dividend of $1.70. This represents a $7.16 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, April 14th. American Tower’s payout ratio is currently 126.16%.

Insider Buying and Selling

In related news, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction 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 transaction, the chief operating officer owned 29,592 shares of the company’s stock, valued at $5,653,551.60. This trade represents a 58.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Rajesh Kalathur bought 2,671 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average price of $185.30 per share, with a total value of $494,936.30. Following the completion of the transaction, the director directly 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 SEC filing for this purchase provides additional information. 0.18% of the stock is owned by corporate insiders.

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.