Recent Investment Analysts’ Ratings Changes for American Tower (AMT)

Several brokerages have updated their recommendations and price targets on shares of American Tower (NYSE: AMT) in the last few weeks:

• 4/30/2026 – American Tower had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $195.00 price target on the stock.
• 4/30/2026 – American Tower had its price target raised by Truist Financial Corporation from $205.00 to $208.00. They now have a “buy” rating on the stock.
• 4/29/2026 – American Tower had its price target raised by Scotiabank from $214.00 to $218.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – American Tower had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $240.00 price target on the stock.
• 4/29/2026 – American Tower had its price target lowered by JPMorgan Chase & Co. from $245.00 to $240.00. They now have an “overweight” rating on the stock.
• 4/29/2026 – American Tower had its price target raised by Scotiabank from $214.00 to $218.00. They now have a “sector outperform” rating on the stock.
• 4/29/2026 – American Tower had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $260.00 price target on the stock.
• 4/28/2026 – American Tower had its price target raised by Sanford C. Bernstein from $205.00 to $207.00. They now have a “market perform” rating on the stock.
• 4/27/2026 – American Tower was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 4/16/2026 – American Tower had its price target lowered by Barclays PLC from $200.00 to $195.00. They now have an “equal weight” rating on the stock.
• 4/15/2026 – American Tower was upgraded by Mizuho from “neutral” to “outperform”. They now have a $205.00 price target on the stock, up from $189.00.
• 4/14/2026 – American Tower had its price target raised by Jefferies Financial Group Inc. from $209.00 to $210.00. They now have a “buy” rating on the stock.
• 3/31/2026 – American Tower is now covered by Truist Financial Corporation. They set a “buy” rating and a $205.00 price target on the stock.
• 3/30/2026 – American Tower was upgraded by Truist Financial Corporation to “strong-buy”.

American Tower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were paid a $1.79 dividend. The ex-dividend date of this dividend was Tuesday, April 14th. This is a positive change from American Tower’s previous quarterly dividend of $1.70. This represents a $7.16 annualized dividend and a yield of 4.0%. American Tower’s payout ratio is currently 115.67%.

Insider Buying and Selling

In related news, EVP Ruth T. Dowling sold 416 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $5,230,505.94. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $191.05, for a total value of $7,872,979.45. Following the completion of the sale, the chief operating officer directly owned 29,592 shares in the company, valued at approximately $5,653,551.60. The trade was a 58.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,181 shares of company stock valued at $8,046,071 over the last ninety days. Company insiders own 0.08% of the company’s stock.

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.