American Tower (NYSE:AMT) Stock: Insider Ruth Dowling Sells 952 Shares

American Tower Corporation (NYSE:AMT) EVP Ruth Dowling sold 952 shares of the stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $185.81, for a total transaction of $176,891.12. Following the completion of the transaction, the executive vice president owned 26,133 shares of the company’s stock, valued at approximately $4,855,772.73. This represents a 3.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

American Tower Price Performance

Shares of NYSE:AMT traded up $1.95 during midday trading on Friday, reaching $187.83. 3,111,300 shares of the company’s stock were exchanged, compared to its average volume of 3,113,406. The company’s 50 day simple moving average is $175.61 and its two-hundred day simple moving average is $177.27. The firm has a market capitalization of $87.52 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 2.95 and a beta of 0.88. American Tower Corporation has a 12 month low of $160.06 and a 12 month high of $202.50. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.52 and a current ratio of 0.51.

American Tower (NYSE:AMT) last posted its earnings results on Tuesday, October 27th. The real estate investment trust reported $1.64 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.64. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. American Tower had a net margin of 30.10% and a return on equity of 32.71%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.78 earnings per share. Equities research analysts expect that American Tower Corporation will post 10.80 earnings per share for the current fiscal year.

American Tower Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Wednesday, September 30th were paid a dividend of $1.79 per share. The ex-dividend date was Wednesday, September 30th. This represents a $7.16 dividend on an annualized basis and a yield of 3.8%. American Tower’s dividend payout ratio (DPR) is currently 98.49%.

American Tower announced that its board has authorized a share repurchase plan on Tuesday, October 27th that authorizes the company to buy back $2 billion in shares. This buyback authorization authorizes the real estate investment trust to purchase shares of its stock through open market purchases. Share buyback plans are often a sign that the company’s management believes its shares are undervalued.

American Tower News Summary

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

• Positive Sentiment: Truist raises target and reiterates Buy: Truist Financial increased its price target for AMT from $207 to $210 and assigned a “Buy” rating. The new target implies approximately 12% upside from the reference price, providing a positive near-term catalyst.
• Positive Sentiment: Share repurchase plan approved: American Tower’s board approved a stock repurchase plan, potentially supporting the share price and signaling management’s confidence in the company’s valuation and cash-generation ability. Stock Repurchase Plan Approved by American Tower Board
• Positive Sentiment: CoreSite outlook remains favorable: Coverage highlighted CoreSite’s repeated guidance increases, suggesting continued strength in American Tower’s data-center and digital-infrastructure operations. Why Is CoreSite Lifting American Tower Guidance Again?
• Neutral Sentiment: Recent earnings were broadly in line: Third-quarter EPS matched consensus, while revenue exceeded estimates and increased year over year. The results provide fundamental support, although earnings growth remains a key consideration for investors. American Tower Q3 2026 Earnings
• Neutral Sentiment: Analyst views are mixed: Recent coverage describes differing opinions on AMT and other real-estate stocks, while performance comparisons examine whether American Tower is outperforming its finance-sector peers. Analysts Offer Insights on Real Estate Companies
• Negative Sentiment: JPMorgan and Citigroup lowered expectations: Both firms recently reduced their price targets for AMT, tempering the bullish impact of Truist’s upgrade. Citigroup nevertheless retained a “Buy” rating while cutting its target from $225 to $220. Citigroup Cuts American Tower Price Target JPMorgan Lowers Expectations for American Tower

Analyst Ratings Changes

AMT has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their target price on American Tower from $240.00 to $230.00 and set an “overweight” rating for the company in a report on Wednesday. Citigroup decreased their price target on American Tower from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday. Barclays upped their price target on American Tower from $198.00 to $199.00 and gave the company an “overweight” rating in a research report on Wednesday, September 30th. Scotiabank reiterated an “outperform” rating on shares of American Tower in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group dropped their price objective on American Tower from $210.00 to $201.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and an average target price of $216.44.

Institutional Investors Weigh In On American Tower

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Dynamic Wealth Strategies LLC increased its position in American Tower by 11.1% in the 3rd quarter. Dynamic Wealth Strategies LLC now owns 549 shares of the real estate investment trust’s stock valued at $90,000 after acquiring an additional 55 shares in the last quarter. TOWER TRUST & INVESTMENT Co lifted its position in shares of American Tower by 1.2% during the third quarter. TOWER TRUST & INVESTMENT Co now owns 5,002 shares of the real estate investment trust’s stock worth $819,000 after purchasing an additional 58 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in shares of American Tower by 1.3% during the third quarter. Pinnacle Bancorp Inc. now owns 4,491 shares of the real estate investment trust’s stock worth $736,000 after purchasing an additional 59 shares in the last quarter. William Allan Corp grew its stake in shares of American Tower by 4.7% during the third quarter. William Allan Corp now owns 1,391 shares of the real estate investment trust’s stock valued at $228,000 after purchasing an additional 62 shares during the last quarter. Finally, Community Financial Services Group LLC grew its stake in shares of American Tower by 1.2% during the second quarter. Community Financial Services Group LLC now owns 5,388 shares of the real estate investment trust’s stock valued at $895,000 after purchasing an additional 65 shares during the last quarter. 92.69% of the stock is owned by institutional investors and hedge funds.

About American Tower

American Tower Corporation (NYSE:AMT) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its portfolio primarily includes communications towers, rooftop sites, distributed antenna systems and other infrastructure used by wireless carriers, broadcasters, governments and businesses to support voice, data and video communications.

The company leases space on its sites to multiple customers, allowing them to install antennas and related equipment without building and maintaining individual tower locations.