PFA Pension Forsikringsaktieselskab Makes New Investment in American Tower Corporation $AMT

PFA Pension Forsikringsaktieselskab bought a new position in shares of American Tower Corporation (NYSE:AMT - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 294,532 shares of the real estate investment trust's stock, valued at approximately $52,050,000. PFA Pension Forsikringsaktieselskab owned approximately 0.06% of American Tower at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. SOA Wealth Advisors LLC. grew its holdings 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 acquiring an additional 55 shares in the last quarter. Personal CFO Solutions LLC grew its holdings 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 worth $293,000 after acquiring an additional 57 shares in the last quarter. Pines Wealth Management LLC grew its holdings 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 worth $286,000 after acquiring an additional 58 shares in the last quarter. Pasadena Private Wealth LLC grew its holdings 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 worth $297,000 after acquiring an additional 60 shares in the last quarter. Finally, Conscious Wealth Investments LLC grew its holdings 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 worth $2,121,000 after acquiring an additional 60 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors.

Insider Activity at American Tower

In related news, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $178.48, for a total value of $99,234.88. Following the transaction, the executive vice president owned 29,877 shares in the company, valued at approximately $5,332,446.96. This represents a 1.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur purchased 2,671 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The stock was acquired at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the acquisition, the director owned 4,936 shares in the company, valued at $914,640.80. This trade represents a 117.92% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 42,181 shares of company stock valued at $8,046,071 in the last three months. 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 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.

American Tower Stock Performance

Shares of American Tower stock opened at $181.72 on Friday. The firm has a market capitalization of $84.69 billion, a P/E ratio of 29.36, a PEG ratio of 0.76 and a beta of 0.90. The company has a quick ratio of 0.60, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. The company has a 50 day moving average price of $180.04 and a 200 day moving average price of $180.03. 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 announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating the consensus estimate of $1.60 by $1.24. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates 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 was up 6.8% on a year-over-year basis. During the same period last year, the firm posted $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Sell-side analysts expect that American Tower Corporation will post 10.67 EPS for the current year.

American Tower Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were given a $1.79 dividend. This represents a $7.16 annualized dividend and a dividend yield of 3.9%. 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 payout ratio is 115.67%.

Analysts Set New Price Targets

Several brokerages have issued reports on AMT. Jefferies Financial Group increased their target price on shares of American Tower from $209.00 to $210.00 and gave the stock a "buy" rating in a report on Tuesday, April 14th. New Street Research raised shares of American Tower from a "neutral" rating to a "buy" rating and set a $203.00 price target for the company in a research report on Monday, January 5th. Scotiabank increased their price target on shares of American Tower from $214.00 to $218.00 and gave the company an "outperform" rating in a research report on Wednesday. Raymond James Financial reissued a "strong-buy" rating and set a $240.00 price target on shares of American Tower in a research report on Wednesday. Finally, BMO Capital Markets increased their price target on shares of American Tower from $185.00 to $200.00 and gave the company a "market perform" rating in a research report on Wednesday, February 25th. One 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $218.05.

American Tower Company 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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