V Square Quantitative Management LLC Acquires New Position in American Tower Corporation $AMT

Key Points

• V Square Quantitative Management LLC opened a new position in American Tower (AMT) in Q4, buying 9,299 shares valued at approximately $1,633,000.
• American Tower missed quarterly EPS estimates ($1.75 vs. $2.54) but topped revenue expectations ($2.74B vs. $2.69B), set FY2026 EPS guidance of 10.780–10.950, and raised its quarterly dividend to $1.79 (4.1% yield).
• Insider activity was notable: COO Eugene M. Noel sold 41,209 shares (~$7.87M) while Director Rajesh Kalathur purchased 2,671 shares, and institutional investors hold about 92.69% of the stock.

V Square Quantitative Management LLC acquired a new stake in shares of American Tower Corporation (NYSE:AMT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,299 shares of the real estate investment trust's stock, valued at approximately $1,633,000.

A number of other large investors also recently modified their holdings of the company. Personal CFO Solutions LLC raised its holdings in shares of 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 buying an additional 57 shares in the last quarter. OFI Invest Asset Management raised its holdings in shares of American Tower by 1.3% during the 4th quarter. OFI Invest Asset Management now owns 135,180 shares of the real estate investment trust's stock valued at $23,734,000 after buying an additional 1,792 shares in the last quarter. Hager Investment Management Services LLC raised its holdings in shares of American Tower by 17.0% during the 4th quarter. Hager Investment Management Services LLC now owns 2,351 shares of the real estate investment trust's stock valued at $413,000 after buying an additional 342 shares in the last quarter. Demars Financial Group LLC raised its holdings in shares of American Tower by 56.0% during the 4th quarter. Demars Financial Group LLC now owns 3,182 shares of the real estate investment trust's stock valued at $559,000 after buying an additional 1,142 shares in the last quarter. Finally, Evermay Wealth Management LLC raised its holdings in shares of American Tower by 14.4% during the 4th quarter. Evermay Wealth Management LLC now owns 1,514 shares of the real estate investment trust's stock valued at $268,000 after buying an additional 190 shares in the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.

American Tower Price Performance

Shares of AMT stock opened at $176.23 on Thursday. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.60 and a current ratio of 0.60. American Tower Corporation has a fifty-two week low of $165.08 and a fifty-two week high of $234.33. The firm has a market cap of $82.14 billion, a P/E ratio of 32.70, a P/E/G ratio of 0.73 and a beta of 0.92. The business's 50 day moving average price is $180.80 and its 200-day moving average price is $181.31.

American Tower (NYSE:AMT - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share for the quarter, missing the consensus estimate of $2.54 by ($0.79). American Tower had a net margin of 23.76% and a return on equity of 24.36%. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter in the prior year, the firm earned $2.62 earnings per share. The company's revenue for the quarter 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, equities research analysts anticipate that American Tower Corporation will post 10.14 earnings per share for the current year.

American Tower Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th will be given a dividend of $1.79 per share. This is a boost 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 presently 126.16%.

Insider Activity at American Tower

In related news, COO Eugene M. Noel sold 41,209 shares of American Tower stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the sale, the chief operating officer directly owned 29,592 shares in the company, valued at $5,653,551.60. The trade was a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Rajesh Kalathur purchased 2,671 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the transaction, the director directly owned 4,936 shares of the company's stock, valued at $914,640.80. This represents a 117.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.17% of the company's stock.

Analyst Ratings Changes

AMT has been the topic of a number of research reports. Jefferies Financial Group raised their price objective on American Tower from $200.00 to $209.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Royal Bank Of Canada lowered their price objective on American Tower from $220.00 to $195.00 and set a "sector perform" rating for the company in a research report on Monday, January 12th. Weiss Ratings reissued a "hold (c)" rating on shares of American Tower in a research note on Monday, December 29th. Mizuho dropped their price objective on American Tower from $217.00 to $189.00 and set a "neutral" rating for the company in a research note on Monday, January 12th. Finally, New Street Research raised American Tower from a "neutral" rating to a "buy" rating and set a $203.00 price objective for the company in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $216.76.

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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