American Tower Corporation $AMT Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Key Points

• Mitsubishi UFJ Trust & Banking Corp more than doubled its stake in American Tower, adding 275,600 shares in Q4 to hold 540,963 shares (about 0.12% of the company) valued at roughly $94.98 million.
• American Tower reported an EPS miss of $1.75 versus $2.54 expected while revenue beat at $2.74 billion; the company set FY2026 guidance of $10.78–$10.95 and analysts' consensus is about $10.59.
• The company raised its quarterly dividend to $1.79 per share (annualized $7.16), implying a ~4.1% yield, with an ex‑dividend date of April 14 and a payout ratio of roughly 132.8%.

Mitsubishi UFJ Trust & Banking Corp increased its holdings in American Tower Corporation (NYSE:AMT - Free Report) by 103.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,963 shares of the real estate investment trust's stock after purchasing an additional 275,600 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.12% of American Tower worth $94,984,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in AMT. Brighton Jones LLC increased its holdings in shares of American Tower by 113.0% in the fourth quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust's stock valued at $727,000 after buying an additional 2,104 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of American Tower by 34.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust's stock worth $319,000 after acquiring an additional 368 shares during the last quarter. United Bank raised its position in shares of American Tower by 12.7% during the second quarter. United Bank now owns 6,488 shares of the real estate investment trust's stock worth $1,434,000 after purchasing an additional 733 shares during the period. Treasurer of the State of North Carolina raised its position in shares of American Tower by 2.2% during the second quarter. Treasurer of the State of North Carolina now owns 218,511 shares of the real estate investment trust's stock worth $48,295,000 after purchasing an additional 4,778 shares during the period. Finally, Ieq Capital LLC lifted its holdings in shares of American Tower by 52.2% during the second quarter. Ieq Capital LLC now owns 34,248 shares of the real estate investment trust's stock valued at $7,570,000 after purchasing an additional 11,751 shares during the last quarter. 92.69% of the stock is currently owned by institutional investors.

American Tower Stock Down 1.6%

NYSE:AMT opened at $175.33 on Tuesday. The business's fifty day moving average price is $180.54 and its 200 day moving average price is $180.11. The firm has a market capitalization of $81.72 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 0.75 and a beta of 0.92. 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 Corporation has a 1-year low of $165.08 and a 1-year high of $234.33.

American Tower (NYSE:AMT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.75 EPS for the quarter, missing analysts' consensus estimates of $2.54 by ($0.79). American Tower had a return on equity of 24.36% and a net margin of 23.76%.The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same quarter in the previous year, the business posted $2.62 earnings per share. The company's revenue was up 7.5% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. On average, sell-side analysts forecast that American Tower Corporation will post 10.59 earnings per share for the current fiscal year.

American Tower Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th will be issued a dividend of $1.79 per share. This is an increase from American Tower's previous quarterly dividend of $1.70. This represents a $7.16 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Tuesday, April 14th. American Tower's dividend payout ratio is 132.84%.

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 that occurred on Monday, March 2nd. The shares were sold at an average price of $191.05, for a total value of $7,872,979.45. Following the transaction, the chief operating officer owned 29,592 shares in the company, valued at approximately $5,653,551.60. This represents a 58.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rajesh Kalathur bought 2,671 shares of the business's stock in a transaction on 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 transaction, the director owned 4,936 shares in the company, valued at approximately $914,640.80. This represents a 117.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AMT shares. New Street Research raised American Tower from a "neutral" rating to a "buy" rating and set a $203.00 price target on the stock in a research note on Monday, January 5th. Sanford C. Bernstein assumed coverage on shares of American Tower in a research note on Thursday, March 5th. They set a "market perform" rating and a $205.00 price objective for the company. Weiss Ratings reiterated a "hold (c)" rating on shares of American Tower in a report on Monday, December 29th. Morgan Stanley dropped their target price on shares of American Tower from $225.00 to $220.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 25th. Finally, Mizuho upgraded shares of American Tower from a "neutral" rating to an "outperform" rating and upped their price target for the company from $189.00 to $205.00 in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, American Tower has an average rating of "Moderate Buy" and a consensus price target of $217.33.

American Tower 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.

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