American Tower (NYSE:AMT) EVP Ruth Dowling Sells 556 Shares

American Tower Corporation (NYSE:AMT) EVP Ruth Dowling sold 556 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $178.48, for a total value of $99,234.88. Following the completion of the sale, the executive vice president directly owned 29,877 shares of the company’s stock, valued at approximately $5,332,446.96. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

American Tower Price Performance

Shares of AMT opened at $182.89 on Friday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.60 and a current ratio of 0.43. The stock has a 50 day simple moving average of $180.04 and a 200 day simple moving average of $180.05. American Tower Corporation has a 52-week low of $165.08 and a 52-week high of $234.33. The firm has a market capitalization of $85.24 billion, a PE ratio of 29.55, a P/E/G ratio of 0.75 and a beta of 0.92.

American Tower (NYSE:AMT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same period in the previous year, the firm earned $2.75 EPS. American Tower’s quarterly revenue 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. Sell-side analysts predict that American Tower Corporation will post 10.59 EPS for the current fiscal year.

American Tower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th were given a dividend of $1.79 per share. This is an increase from American Tower’s previous quarterly dividend of $1.70. The ex-dividend date of this dividend was Tuesday, April 14th. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. American Tower’s payout ratio is currently 115.67%.

Trending Headlines about American Tower

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

• Positive Sentiment: Q1 beat and raised outlook — AMT reported AFFO of $2.84 (above estimates) and revenue of $2.74B; management raised full‑year outlook, driving investor confidence. Read More.
• Positive Sentiment: Data‑center momentum — CoreSite rolled out 100Gbps across its Open Cloud Exchange to support AI/ML high‑bandwidth workloads; management cites this segment as a growth driver. Read More.
• Positive Sentiment: Analyst upside — several firms raised targets or ratings (Truist, Scotiabank, Sanford/Bernstein, Citizens/JMP among others), signaling institutional support for AMT’s growth story. Read More.
• Neutral Sentiment: JPMorgan trimmed its price target from $245 to $240 but kept an overweight stance — still a sizable upside, so the move is more of a calibration than a negative re‑rating. Read More.
• Neutral Sentiment: Mixed/varied brokerage views — RBC reaffirmed sector perform ($195), Barclays & Mizuho issued mixed notes; analysts differ on regional/margin risks versus long‑run growth. Read More.
• Neutral Sentiment: Insider selling disclosed — EVP Ruth T. Dowling sold small lots under a pre‑arranged Rule 10b5‑1 plan (minor ownership reduction); typical for planned programs and not an immediate red flag for fundamentals. Read More.
• Negative Sentiment: Critical analyst commentary — a Seeking Alpha piece argued the stock lacks catalysts to re‑rate and flagged margin/valuation concerns, which may fuel short‑term profit‑taking by some investors. Read More.

Wall Street Analysts Forecast Growth

AMT has been the subject of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on American Tower from $245.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday. Morgan Stanley reduced their price target on American Tower from $225.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $240.00 price target on shares of American Tower in a research report on Wednesday. Scotiabank upped their price target on American Tower from $214.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Jefferies Financial Group upped their price objective on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $218.05.

Institutional Investors Weigh In On American Tower

A number of large investors have recently added to or reduced their stakes in the business. Richards Merrill & Peterson Inc. bought a new position in American Tower during the 4th quarter worth $25,000. Oakworth Capital Inc. increased its position in American Tower by 90.7% during the 4th quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 68 shares during the period. Swiss RE Ltd. bought a new position in American Tower during the 4th quarter worth $25,000. Holos Integrated Wealth LLC bought a new position in American Tower during the 4th quarter worth $27,000. Finally, Triumph Capital Management bought a new position in American Tower during the 3rd quarter worth $29,000. Institutional investors own 92.69% of the company’s stock.

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.