Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Position in American Tower Corporation $AMT

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in American Tower Corporation (NYSE:AMT) by 5.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 939,247 shares of the real estate investment trust’s stock after acquiring an additional 47,966 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in American Tower were worth $180,636,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Abound Wealth Management grew its holdings in American Tower by 137.3% in the third quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 81 shares during the period. Legacy Investment Solutions LLC acquired a new position in shares of American Tower in the 2nd quarter valued at $31,000. Root Financial Partners LLC purchased a new stake in shares of American Tower during the 3rd quarter valued at $32,000. Physician Wealth Advisors Inc. increased its holdings in shares of American Tower by 85.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 171 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 79 shares during the last quarter. Finally, Westside Investment Management Inc. raised its position in shares of American Tower by 103.6% in the 3rd quarter. Westside Investment Management Inc. now owns 169 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 86 shares during the period. Institutional investors and hedge funds own 92.69% of the company’s stock.

American Tower Stock Performance

Shares of NYSE:AMT opened at $184.88 on Friday. The business’s 50-day simple moving average is $178.72 and its 200 day simple moving average is $185.76. The company has a market cap of $86.55 billion, a P/E ratio of 34.30, a PEG ratio of 0.82 and a beta of 0.93. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.89 and a current ratio of 0.60. American Tower Corporation has a one year low of $166.88 and a one year high of $234.33.

American Tower Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, December 29th were given a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, December 29th. American Tower’s dividend payout ratio is presently 108.63%.

Insider Buying and Selling at American Tower

In other news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of American Tower stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the sale, the insider directly owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.17% of the stock is owned by corporate insiders.

American Tower News Summary

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

• Positive Sentiment: CoreSite (an American Tower company) will host Community IX’s Florida and Northern Virginia Internet Exchanges at its Miami and NoVA facilities — a data‑center connectivity win that can boost CoreSite leasing, interconnection revenue and AMT’s data‑center growth narrative. CoreSite Miami and Virginia Data Centers Welcome New Community IX Internet Exchanges
• Positive Sentiment: BMO raised its AMT price target to $200 (from $185) and kept a market‑perform rating — a modest vote of confidence that may support buyers after recent volatility. BMO Capital Adjusts Price Target on American Tower TickerReport
• Neutral Sentiment: UBS trimmed its price target to $248 but remains constructive with a “buy” rating — still signaling sizable upside though slightly less bullish than before. UBS price target note
• Neutral Sentiment: Morgan Stanley lowered its target to $220 and kept an “overweight” stance — another downgrade in target but continued positive rating from a major shop. Morgan Stanley update
• Neutral Sentiment: Scotiabank trimmed its target to $214 (sector outperform) and TD Cowen cut its target to $225 — multiple shops shaving targets, reflecting slightly lower near‑term expectations but still implying upside vs. current levels. Scotiabank / TD Cowen notes TD Cowen update
• Neutral Sentiment: Market commentary pieces are weighing AMT’s valuation after recent volatility — useful for longer‑term investors but less likely to move price immediately. Is American Tower Pricing Look Attractive
• Neutral Sentiment: Several industry/portfolio notes (e.g., AST SpaceMobile coverage mention and Baron Real Estate fund activity) reference telecom/real‑estate themes that overlap with AMT exposure but aren’t direct company events. AST SpaceMobile article Baron Real Estate Income Fund activity
• Negative Sentiment: American Tower disclosed DISH Network has defaulted on lease payments; AMT is pursuing legal remedies and has adjusted its 2026 outlook to reflect lost DISH tower revenue — this is a direct near‑term headwind and explains some of the recent downside pressure. American Tower Weighs DISH Default

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. TD Cowen lowered their price target on American Tower from $235.00 to $225.00 in a research report on Wednesday. Scotiabank decreased their target price on American Tower from $220.00 to $214.00 and set a “sector outperform” rating for the company in a report on Wednesday. Barclays reissued an “equal weight” rating and set a $200.00 target price (down from $203.00) on shares of American Tower in a research report on Monday, December 1st. BMO Capital Markets raised their price target on shares of American Tower from $185.00 to $200.00 and gave the company a “market perform” rating in a report on Wednesday. Finally, Mizuho decreased their price objective on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Tower presently has a consensus rating of “Moderate Buy” and an average price target of $217.63.

About American Tower

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.