Bogart Wealth LLC Has $3.84 Million Stock Holdings in American Tower Corporation $AMT

Key Points

• Bogart Wealth LLC cut its stake in American Tower by 61.9% in Q4, selling 35,573 shares and ending the period with 21,850 shares valued at about $3.84 million.
• American Tower beat Q1 estimates (FFO $2.84/sh, revenue $2.74B), raised its FY‑2026 guidance and boosted the quarterly dividend to $1.79 (annual $7.16, ~4.0% yield).
• Notable insider activity: Director Rajesh Kalathur bought 2,671 shares at $185.30, while COO Eugene M. Noel sold 41,209 shares at $191.05, and institutional investors own roughly 92.7% of the stock.

Bogart Wealth LLC cut its holdings in shares of American Tower Corporation (NYSE:AMT - Free Report) by 61.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,850 shares of the real estate investment trust's stock after selling 35,573 shares during the period. Bogart Wealth LLC's holdings in American Tower were worth $3,836,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. SOA Wealth Advisors LLC. boosted its position in American Tower by 36.7% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 205 shares of the real estate investment trust's stock worth $39,000 after buying an additional 55 shares during the period. Personal CFO Solutions LLC increased its position in American Tower by 3.5% during the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust's stock valued at $293,000 after purchasing an additional 57 shares during the period. Pines Wealth Management LLC increased its position in American Tower by 4.1% during the 3rd quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust's stock valued at $286,000 after purchasing an additional 58 shares during the period. Pasadena Private Wealth LLC increased its position in American Tower by 4.0% during the 3rd quarter. Pasadena Private Wealth LLC now owns 1,544 shares of the real estate investment trust's stock valued at $297,000 after purchasing an additional 60 shares during the period. Finally, Conscious Wealth Investments LLC increased its position in 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 valued at $2,121,000 after purchasing an additional 60 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Rajesh Kalathur bought 2,671 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the transaction, the director directly owned 4,936 shares of the company's stock, valued at approximately $914,640.80. The trade was a 117.92% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Eugene M. Noel sold 41,209 shares of the business's stock in a transaction on 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 transaction, the chief operating officer owned 29,592 shares in the company, valued at $5,653,551.60. The trade was a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.08% of the stock is owned by insiders.

Key Stories Impacting American Tower

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

• Positive Sentiment: Q1 results and FFO beat — AMT reported funds from operations of $2.84 per share and revenue of $2.74B, topping consensus and showing mid-single‑digit revenue growth; management raised FY 2026 EPS guidance. AMT Q1 FFO Beats Estimates on Higher Property Revenues
• Positive Sentiment: Raised full‑year outlook — management cited strong leasing demand, cloud adoption and AI‑driven workloads as reasons to lift guidance, which supports a re‑rating on growth expectations. American Tower raises annual forecast on strong leasing demand, cloud adoption
• Positive Sentiment: Data‑center/Campus momentum — CoreSite (an AMT company) expanded its Open Cloud Exchange with 100Gbps Ethernet virtual circuits, strengthening AMT’s positioning in higher‑growth interconnection and enterprise/cloud workloads. CoreSite Launches 100G Ethernet Virtual Circuits on Open Cloud Exchange® Interconnection Platform
• Neutral Sentiment: Investor takeaways and technicals — several market writeups weigh the pullback versus long‑term thesis (mixed short‑term returns vs. multi‑year growth drivers); pieces suggest this is a buy‑the‑dip debate rather than a clear sell signal. Is It Time To Revisit American Tower (AMT) After Its Recent Share Price Pullback
• Neutral Sentiment: Management commentary — earnings call/transcripts emphasize durable structural demand (5G, fixed wireless, AI workloads) supporting long‑term visibility; useful for conviction but not an immediate cash catalyst. American Tower (AMT) Q1 2026 Earnings Transcript
• Negative Sentiment: Analyst/valuation headwinds — some coverage notes recent downgrades and the stock’s pullback over the last year; concerns about valuation and near‑term returns persist for income/value investors. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Leverage and valuation metrics — AMT carries a relatively high debt/equity ratio and a P/E that reflects growth expectations; investors sensitive to interest rates or execution risk may view this as a downside factor. American Tower earnings & metrics (MarketBeat)

American Tower Stock Performance

Shares of AMT stock opened at $178.10 on Wednesday. The firm has a 50 day moving average of $180.25 and a 200-day moving average of $180.05. The company has a market cap of $83.01 billion, a price-to-earnings ratio of 33.04, a price-to-earnings-growth ratio of 0.74 and a beta of 0.92. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 3.27. American Tower Corporation has a 52 week low of $165.08 and a 52 week high of $234.33.

American Tower (NYSE:AMT - Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $1.25. American Tower had a net margin of 23.76% and a return on equity of 24.36%. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter in the previous year, the company 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. On average, equities analysts forecast that American Tower Corporation will post 10.59 earnings per share for the current year.

American Tower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Tuesday, April 14th. This is a boost from American Tower's previous quarterly dividend of $1.70. American Tower's dividend payout ratio is presently 132.84%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AMT shares. UBS Group decreased their target price on shares of American Tower from $254.00 to $248.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. The Goldman Sachs Group decreased their target price on shares of American Tower from $230.00 to $210.00 and set a "buy" rating for the company in a research report on Friday, January 16th. Scotiabank decreased their target price on shares of American Tower from $220.00 to $214.00 and set a "sector outperform" rating for the company in a research report on Wednesday, February 25th. Weiss Ratings downgraded shares of American Tower from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday. Finally, TD Cowen decreased their target price on shares of American Tower from $235.00 to $225.00 in a research report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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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