American Tower (NYSE:AMT) Price Target Raised to $207.00 at Sanford C. Bernstein

American Tower (NYSE:AMT) had its price target hoisted by Sanford C. Bernstein from $205.00 to $207.00 in a report published on Tuesday morning,MarketScreener reports. They currently have a market perform rating on the real estate investment trust’s stock.

A number of other equities analysts have also recently weighed in on the company. TD Cowen cut their price target on American Tower from $235.00 to $225.00 in a report on Wednesday, February 25th. Weiss Ratings cut American Tower from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. Truist Financial assumed coverage on American Tower in a report on Tuesday, March 31st. They issued a “buy” rating and a $205.00 price target for the company. JPMorgan Chase & Co. cut their price target on American Tower from $250.00 to $245.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Finally, Morgan Stanley dropped their target price on American Tower from $225.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $217.43.

American Tower Price Performance

Shares of NYSE AMT traded down $0.63 during trading on Tuesday, reaching $177.77. The company had a trading volume of 248,078 shares, compared to its average volume of 3,197,400. American Tower has a twelve month low of $165.08 and a twelve month high of $234.33. The stock has a market capitalization of $82.86 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 0.74 and a beta of 0.92. The stock has a 50-day moving average price of $180.25 and a two-hundred day moving average price of $180.05. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 3.27.

American Tower (NYSE:AMT) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $1.25. 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 during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the firm posted $2.75 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, sell-side analysts predict that American Tower will post 10.59 earnings per share for the current year.

American Tower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 14th were given 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 dividend yield of 4.0%. American Tower’s dividend payout ratio (DPR) is currently 132.84%.

Insider Activity

In related news, Director Rajesh Kalathur bought 2,671 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was bought 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 approximately $914,640.80. This represents a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $5,653,551.60. The trade was a 58.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On American Tower

Several institutional investors and hedge funds have recently modified their holdings of AMT. J. Stern & Co. LLP boosted its position in shares of American Tower by 28,121.1% in the fourth quarter. J. Stern & Co. LLP now owns 37,686,978 shares of the real estate investment trust’s stock worth $6,616,703,000 after buying an additional 37,553,436 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of American Tower by 20,721.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,712,672 shares of the real estate investment trust’s stock worth $1,705,254,000 after acquiring an additional 9,666,025 shares in the last quarter. Norges Bank acquired a new position in shares of American Tower in the fourth quarter worth about $1,171,180,000. Lazard Asset Management LLC lifted its stake in shares of 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 acquiring an additional 4,250,242 shares in the last quarter. Finally, Capital International Investors lifted its stake in shares of American Tower by 157.0% in the fourth quarter. Capital International Investors now owns 3,871,368 shares of the real estate investment trust’s stock worth $679,696,000 after acquiring an additional 2,364,898 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Trending Headlines about American Tower

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

• Positive Sentiment: Q1 results topped expectations: FFO of $2.84/sh and revenue of $2.74B beat consensus, and management raised FY‑2026 EPS guidance to $10.90–11.07 (above the Street). That drove upside to near‑term earnings and outlook. American Tower Reports First Quarter 2026 Financial Results
• Positive Sentiment: Data‑center and CoreSite momentum: management highlighted robust leasing and cloud/AI-driven demand for data‑center capacity; CoreSite is rolling out 100Gbps EVCs, supporting higher-margin leasing opportunities. These trends underpin the raised outlook. American Tower Lifts Outlook Amid Data Center Surge
• Neutral Sentiment: Analyst reactions are mixed: Barclays trimmed its price target slightly and kept an Equal Weight rating; some shops are cautious despite the beat, leaving near‑term multiple compression possible. Barclays, Mizuho Offer Mixed Views on American Tower (AMT)
• Neutral Sentiment: Income appeal: AMT is being highlighted in high‑yield/dividend growth lists (yield ~3.9%), which can support demand from income‑oriented investors but may cap upside vs. growth names. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Critical takes and a rating downgrade emerged: at least one firm argued the shares lack near‑term catalysts and downgraded the stock, which can weigh on investor sentiment despite the beat. American Tower: There’s Nothing To Wake The Stock Up (Rating Downgrade)
• Negative Sentiment: Operational headwinds: management noted margin pressures and uneven regional growth that could limit near‑term margin expansion and complicate execution. American Tower Corp (AMT) Q1 2026 Earnings Call Highlights: Strong Data Center Growth and …

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.