American Tower Corporation $AMT Holdings Raised by Danske Bank A S

Key Points

• Danske Bank increased its stake in American Tower by 11.6% in Q4, owning 247,525 shares (about $43.46 million), roughly 0.05% of the company at quarter-end.
• AMT beat Q1 estimates and raised guidance: Q1 EPS was $2.84 vs. $1.60 expected and revenue was $2.74B vs. $2.66B, the company set FY‑2026 EPS guidance of $10.90–$11.07 and lifted the quarterly dividend to $1.79 (annualized $7.16, ~3.9% yield).
• Notable insider selling: COO Eugene M. Noel sold 41,209 shares for about $7.87M (a 58.2% drop in his holdings), and insiders sold roughly 42,181 shares (~$8.05M) in the last quarter.

Danske Bank A S increased its stake in American Tower Corporation (NYSE:AMT - Free Report) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,525 shares of the real estate investment trust's stock after purchasing an additional 25,762 shares during the quarter. Danske Bank A S owned about 0.05% of American Tower worth $43,458,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Oakworth Capital Inc. lifted its stake in shares of American Tower by 90.7% in the 4th quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 68 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of American Tower during the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in American Tower during the third quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in American Tower in the fourth quarter worth approximately $27,000. Finally, Root Financial Partners LLC acquired a new stake in American Tower in the third quarter worth approximately $32,000. Institutional investors and hedge funds own 92.69% of the company's stock.

Insider Buying and Selling

In other American Tower news, COO Eugene M. Noel sold 41,209 shares of the company's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $191.05, for a total transaction 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 approximately $5,653,551.60. This represents a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ruth T. Dowling sold 556 shares of American Tower stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $178.48, for a total transaction of $99,234.88. Following the completion of the transaction, the executive vice president directly owned 29,877 shares in the company, valued at approximately $5,332,446.96. This trade represents a 1.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 42,181 shares of company stock valued at $8,046,071. 0.08% of the stock is owned by corporate insiders.

American Tower Price Performance

NYSE AMT opened at $181.72 on Friday. American Tower Corporation has a 1 year low of $165.08 and a 1 year high of $234.33. The business's fifty day moving average is $180.04 and its two-hundred day moving average is $180.05. The stock has a market capitalization of $84.69 billion, a P/E ratio of 29.36, a P/E/G ratio of 0.77 and a beta of 0.90. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.60 and a current ratio of 0.43.

American Tower (NYSE:AMT - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping the consensus estimate of $1.60 by $1.24. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The company's revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, research analysts forecast that American Tower Corporation will post 10.62 earnings per share for the current fiscal year.

American Tower Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were given a $1.79 dividend. This is a positive change from American Tower's previous quarterly dividend of $1.70. The ex-dividend date was Tuesday, April 14th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.9%. American Tower's dividend payout ratio is 115.67%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Scotiabank lifted their price target on American Tower from $214.00 to $218.00 and gave the company an "outperform" rating in a research report on Wednesday. Barclays cut their price objective on American Tower from $200.00 to $195.00 and set an "equal weight" rating for the company in a report on Thursday, April 16th. TD Cowen lowered their target price on American Tower from $235.00 to $225.00 in a report on Wednesday, February 25th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $195.00 price target on shares of American Tower in a research report on Thursday. Finally, Jefferies Financial Group upped their price target on shares of American Tower from $209.00 to $210.00 and gave the company a "buy" rating in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, American Tower currently has a consensus rating of "Moderate Buy" and a consensus target price of $218.05.

American Tower News Summary

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

• Positive Sentiment: Q1 beat and upgraded outlook — AMT reported AFFO and revenue above estimates and raised FY‑2026 guidance, giving the stock fundamental support from recurring cash flow strength. Read More.
• Positive Sentiment: CoreSite/AI tailwinds — CoreSite launched 100Gbps connectivity across its Open Cloud Exchange to target AI/ML and high‑bandwidth workloads, supporting data‑center growth that can diversify AMT’s revenue mix. Read More.
• Positive Sentiment: Dividend lift — the company raised the quarterly dividend (to $1.79) paid late April, reinforcing the REIT income profile that appeals to yield‑oriented holders. Read More.
• Positive Sentiment: Analyst support — several firms raised price targets or reiterated buy/overweight stances (e.g., Truist raised its target), which underpins medium‑term upside expectations. Read More.
• Neutral Sentiment: JPMorgan recalibration — JPM trimmed its target from $245 to $240 but kept an overweight rating; this is a modest adjustment rather than a downgrade and leaves meaningful upside. Read More.
• Neutral Sentiment: RBC reaffirmed sector‑perform ($195) — mixed analyst views persist across brokers, creating intra‑day volatility as investors weigh growth vs. valuation. Read More.
• Neutral Sentiment: Insider selling under 10b5‑1 — EVP Ruth T. Dowling sold small lots (pre‑arranged plan); routine plan sales can seed supply but do not necessarily signal deteriorating fundamentals. Read More.
• Negative Sentiment: Critical commentary on valuation/catalysts — some analysts and commentators argue AMT lacks near‑term re‑rating catalysts and flag margin/valuation risks, which can prompt short‑term profit‑taking. Read More.

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.

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