American Tower Corporation $AMT Shares Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its stake in American Tower by 12.3% in Q4, buying 24,709 shares to hold 225,514 shares valued at about $39.59 million, and institutional investors now own roughly 92.7% of AMT.
• American Tower beat earnings with Q EPS of $2.84 versus $1.60 expected and revenue of $2.74B, set FY2026 guidance of $10.90–11.07 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $218.05 target.
• The company raised its quarterly dividend to $1.79 (annualized $7.16, ~4.0% yield), while insiders sold about 42,181 shares (~$8.05M) last quarter, leaving insiders with just 0.08% ownership.

ASR Vermogensbeheer N.V. boosted its position in American Tower Corporation (NYSE:AMT - Free Report) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 225,514 shares of the real estate investment trust's stock after purchasing an additional 24,709 shares during the period. ASR Vermogensbeheer N.V.'s holdings in American Tower were worth $39,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in AMT. Personal CFO Solutions LLC increased its holdings in American Tower by 3.5% in the fourth quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust's stock valued at $293,000 after buying an additional 57 shares in the last quarter. Pines Wealth Management LLC increased its holdings in American Tower by 4.1% in the third quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust's stock valued at $286,000 after buying an additional 58 shares in the last quarter. Pasadena Private Wealth LLC increased its holdings in American Tower by 4.0% in the third quarter. Pasadena Private Wealth LLC now owns 1,544 shares of the real estate investment trust's stock valued at $297,000 after buying an additional 60 shares in the last quarter. Conscious Wealth Investments LLC increased its stake in shares of American Tower by 0.5% during the 3rd quarter. Conscious Wealth Investments LLC now owns 11,852 shares of the real estate investment trust's stock worth $2,121,000 after purchasing an additional 60 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC increased its stake in shares of American Tower by 19.9% during the 3rd quarter. Dynamic Wealth Strategies LLC now owns 367 shares of the real estate investment trust's stock worth $71,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 92.69% of the company's stock.

Analysts Set New Price Targets

AMT has been the subject of a number of recent research reports. Citizens Jmp reissued a "market outperform" rating and set a $260.00 price objective on shares of American Tower in a research note on Wednesday, April 29th. BMO Capital Markets raised their price objective on shares of American Tower from $185.00 to $200.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 25th. Morgan Stanley dropped their price objective on shares of American Tower from $225.00 to $220.00 and set an "overweight" rating for the company in a research note on Wednesday, February 25th. Mizuho raised shares of American Tower from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $189.00 to $205.00 in a research note on Wednesday, April 15th. Finally, Weiss Ratings cut shares of American Tower from a "hold (c)" rating to a "hold (c-)" rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $218.05.

Insider Buying and Selling at American Tower

In other American Tower news, COO Eugene M. Noel sold 41,209 shares of American Tower stock in a transaction 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 $5,653,551.60. This trade represents a 58.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ruth T. Dowling sold 556 shares of American Tower stock in a transaction on Tuesday, April 28th. The shares were 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 owned 29,877 shares in the company, valued at approximately $5,332,446.96. This trade represents a 1.83% decrease in their position. 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. Insiders have sold a total of 42,181 shares of company stock worth $8,046,071 in the last quarter. 0.08% of the stock is owned by insiders.

American Tower Stock Down 0.3%

AMT stock opened at $179.57 on Friday. The stock has a market capitalization of $83.69 billion, a P/E ratio of 29.01, a PEG ratio of 0.75 and a beta of 0.90. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. American Tower Corporation has a one year low of $165.08 and a one year high of $234.33. The company has a 50 day moving average price of $179.45 and a two-hundred day moving average price of $179.74.

American Tower (NYSE:AMT - Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, topping the consensus estimate of $1.60 by $1.24. The firm had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.66 billion. American Tower had a net margin of 26.81% and a return on equity of 27.79%. American Tower's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, sell-side analysts expect that American Tower Corporation will post 10.67 EPS for the current year.

American Tower Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th were paid a $1.79 dividend. This represents a $7.16 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, April 14th. This is an increase from American Tower's previous quarterly dividend of $1.70. American Tower's dividend payout ratio is presently 115.67%.

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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