3,998 American Tower Corporation $AMT Shares Sold by Howland Capital Management LLC

Howland Capital Management LLC decreased its position in shares of American Tower Corporation (NYSE:AMT) by 7.3% during the 3rd quarter, HoldingsChannel.com reports. 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.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in American Tower during the 2nd quarter valued at approximately $7,490,943,000. Deutsche Bank AG purchased a new stake in American Tower during the 2nd quarter worth approximately $1,096,186,000. Bank of America Corp DE purchased a new stake in American Tower during the 2nd quarter worth approximately $638,829,000. Bank of New York Mellon Corp acquired a new position in shares of American Tower in the 2nd quarter valued at approximately $500,016,000. Finally, Ontario Teachers Pension Plan Board acquired a new position in shares of American Tower in the 2nd quarter valued at approximately $291,867,000. Institutional investors and hedge funds 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: 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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMT shares. Sanford C. Bernstein decreased their price target on shares of American Tower from $214.00 to $212.00 and set an “outperform” rating for the company in a research report on Tuesday. Weiss Ratings cut shares of American Tower from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Truist Financial reiterated a “buy” rating and set a $207.00 price objective (down from $208.00) on shares of American Tower in a research note on Wednesday, August 12th. Scotiabank reissued an “outperform” rating on shares of American Tower in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $210.00 target price on shares of American Tower in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, American Tower presently has an average rating of “Moderate Buy” and a consensus price target of $214.90.

Insiders Place Their Bets

In related news, EVP Ruth T. Dowling sold 1,106 shares of American Tower stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $174.96, for a total value of $193,505.76. Following the transaction, the executive vice president directly owned 27,711 shares in the company, valued at $4,848,316.56. The trade was a 3.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Robert Joseph Meyer sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was 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 trade represents a 18.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 6,791 shares of company stock worth $1,204,091. 0.08% of the stock is owned by corporate insiders.

American Tower Trading Up 2.2%

NYSE:AMT opened at $181.62 on Friday. American Tower Corporation has a 12-month low of $160.06 and a 12-month high of $196.08. The firm has a market capitalization of $84.63 billion, a P/E ratio of 24.98, a P/E/G ratio of 2.85 and a beta of 0.88. 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 business has a 50 day simple moving average of $174.42 and a 200 day simple moving average of $175.63.

American Tower (NYSE:AMT) last posted 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. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The firm had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the firm earned $2.60 EPS. American Tower’s quarterly revenue was up 4.6% on a year-over-year basis. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. Equities research analysts predict that American Tower Corporation will post 10.80 EPS for the current year.

American Tower Dividend Announcement

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

About American Tower

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.