American Tower Corporation $AMT Stock: Howland Capital Management LLC Decreases Position

Howland Capital Management LLC lessened its position in shares of American Tower Corporation (NYSE:AMT) by 7.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,440 shares of the real estate investment trust’s stock after selling 3,998 shares during the period. Howland Capital Management LLC’s holdings in American Tower were worth $8,347,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AMT. Raleigh Capital Management Inc. grew its holdings in shares of American Tower by 489.1% during the first quarter. Raleigh Capital Management Inc. now owns 13,703 shares of the real estate investment trust’s stock worth $2,365,000 after purchasing an additional 11,377 shares during the last quarter. Canal Capital Management LLC increased its position in shares of American Tower by 81.9% during the first quarter. Canal Capital Management LLC now owns 34,471 shares of the real estate investment trust’s stock worth $5,949,000 after purchasing an additional 15,520 shares in the last quarter. Bernzott Capital Advisors lifted its holdings in shares of American Tower by 29.3% in the 1st quarter. Bernzott Capital Advisors now owns 42,161 shares of the real estate investment trust’s stock valued at $7,276,000 after purchasing an additional 9,556 shares during the last quarter. BIP Wealth LLC purchased a new stake in shares of American Tower in the 2nd quarter valued at about $1,004,000. Finally, Groupe la Francaise lifted its holdings in shares of American Tower by 319.0% in the 2nd quarter. Groupe la Francaise now owns 33,505 shares of the real estate investment trust’s stock valued at $5,481,000 after purchasing an additional 25,508 shares during the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.

American Tower News Roundup

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

• Positive Sentiment: Director Teresa Hillary Clarke disclosed a series of open-market purchases, including 43 shares bought October 20 at $183.20. Across the reported transactions, Clarke steadily increased her direct ownership to more than 5,600 shares. While the individual purchases are relatively small, repeated insider buying can signal confidence in American Tower’s long-term outlook. SEC insider trading filing
• Positive Sentiment: Analysts are preparing for American Tower’s third-quarter 2026 results, focusing on revenue, earnings and operating metrics. Expectations for connectivity and data demand provide a potential fundamental catalyst if the company meets or exceeds forecasts. Q3 American Tower estimates
• Neutral Sentiment: American Tower recently reported quarterly earnings above consensus estimates, with revenue up 4.6% year over year, and management provided fiscal 2026 EPS guidance of $11.00 to $11.17. Investors may look to the upcoming results for confirmation that growth remains on track.
• Negative Sentiment: Sanford C. Bernstein lowered its price target for American Tower, adding pressure to the investment case even as the stock gained momentum. Bernstein price target reduction
• Negative Sentiment: A recent analysis argued that American Tower remains a high-quality tower REIT but that its prior valuation discount has largely disappeared. With shares trading near $182 and at roughly 25 times earnings, further gains may require stronger operating results or favorable interest-rate conditions. American Tower valuation analysis

Analyst Ratings Changes

AMT has been the subject of a number of research analyst reports. Truist Financial reissued a “buy” rating and issued a $207.00 target price (down from $208.00) on shares of American Tower in a research report on Wednesday, August 12th. BMO Capital Markets lifted their price target on American Tower from $190.00 to $195.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. Wolfe Research raised American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price objective for the company in a report on Wednesday, July 8th. Mizuho set a $208.00 target price on shares of American Tower in a report on Thursday, August 20th. Finally, Jefferies Financial Group cut their target price on shares of American Tower from $210.00 to $201.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, American Tower currently has an average rating of “Moderate Buy” and a consensus target price of $214.90.

American Tower Stock Performance

NYSE:AMT opened at $181.62 on Friday. The company has a debt-to-equity ratio of 3.12, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a market cap of $84.63 billion, a price-to-earnings ratio of 24.98, a price-to-earnings-growth ratio of 2.85 and a beta of 0.88. The firm’s fifty day moving average price is $174.42 and its 200 day moving average price is $175.63. American Tower Corporation has a 1-year low of $160.06 and a 1-year high of $196.08.

American Tower (NYSE:AMT) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $2.71 EPS for the quarter, topping the consensus estimate of $1.57 by $1.14. The company had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.70 billion. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business earned $2.60 EPS. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. On average, sell-side analysts expect that American Tower Corporation will post 10.80 EPS for the current year.

American Tower Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Wednesday, September 30th were given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Wednesday, September 30th. American Tower’s payout ratio is presently 98.49%.

Insider Buying and Selling at American Tower

In other news, CFO Robert Joseph Meyer sold 5,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $178.89, for a total value of $894,450.00. Following the sale, the chief financial officer directly owned 21,428 shares in the company, valued at $3,833,254.92. This represents a 18.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rajesh Kalathur purchased 2,829 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was bought at an average cost of $177.00 per share, with a total value of $500,733.00. Following the completion of the acquisition, the director owned 7,765 shares of the company’s stock, valued at approximately $1,374,405. The trade was a 57.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 6,791 shares of company stock valued at $1,204,091. Insiders own 0.08% of the company’s stock.

American Tower Company Profile

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.