WINTON GROUP Ltd Raises Holdings in American Tower Corporation $AMT

Key Points

• WINTON GROUP Ltd boosted its position in American Tower by 150.4% in Q3, acquiring 20,544 additional shares to hold 34,200 shares valued at about $6.58 million.
• American Tower missed quarterly EPS estimates ($1.75 vs. $2.54) even as revenue rose 7.5% to $2.74 billion, and management issued FY2026 EPS guidance of 10.780–10.950.
• Institutional investors own about 92.69% of AMT (notable positions by Vanguard, Norges Bank and JPMorgan), while insiders have trimmed stakes—COO Eugene Noel sold 41,209 shares and Tower Corp previously sold 2.29 million shares.

WINTON GROUP Ltd lifted its position in shares of American Tower Corporation (NYSE:AMT - Free Report) by 150.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,200 shares of the real estate investment trust's stock after purchasing an additional 20,544 shares during the period. WINTON GROUP Ltd's holdings in American Tower were worth $6,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new position in American Tower during the 2nd quarter worth approximately $1,371,875,000. JPMorgan Chase & Co. lifted its stake in American Tower by 24.3% in the second quarter. JPMorgan Chase & Co. now owns 12,666,082 shares of the real estate investment trust's stock valued at $2,799,458,000 after buying an additional 2,474,328 shares during the last quarter. Viking Global Investors LP lifted its stake in American Tower by 233.5% in the second quarter. Viking Global Investors LP now owns 2,797,125 shares of the real estate investment trust's stock valued at $618,221,000 after buying an additional 1,958,329 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of American Tower by 11.9% in the second quarter. Invesco Ltd. now owns 6,680,524 shares of the real estate investment trust's stock valued at $1,476,529,000 after acquiring an additional 708,808 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of American Tower by 1.0% during the third quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust's stock worth $12,239,277,000 after acquiring an additional 611,801 shares during the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.

American Tower Stock Up 0.7%

Shares of American Tower stock opened at $188.87 on Monday. American Tower Corporation has a one year low of $166.88 and a one year high of $234.33. The company has a market cap of $88.03 billion, a P/E ratio of 35.04, a PEG ratio of 0.79 and a beta of 0.92. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a fifty day moving average of $180.60 and a two-hundred day moving average of $184.83.

American Tower (NYSE:AMT - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.54 by ($0.79). The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. American Tower had a return on equity of 24.36% and a net margin of 23.76%.The company's revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.62 earnings per share. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. On average, analysts forecast that American Tower Corporation will post 10.14 earnings per share for the current year.

American Tower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th will be given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, April 14th. This is a positive change from American Tower's previous quarterly dividend of $1.70. American Tower's payout ratio is presently 132.84%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AMT shares. The Goldman Sachs Group cut their target price on shares of American Tower from $230.00 to $210.00 and set a "buy" rating on the stock in a report on Friday, January 16th. Raymond James Financial dropped their price objective on shares of American Tower from $231.00 to $229.00 and set a "strong-buy" rating on the stock in a research note on Friday, January 23rd. Royal Bank Of Canada lowered their price target on American Tower from $220.00 to $195.00 and set a "sector perform" rating on the stock in a report on Monday, January 12th. BMO Capital Markets upped their price objective on American Tower from $185.00 to $200.00 and gave the company a "market perform" rating in a research note on Wednesday, February 25th. Finally, TD Cowen decreased their price objective on American Tower from $235.00 to $225.00 in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, American Tower has a consensus rating of "Moderate Buy" and an average target price of $217.35.

Insider Buying and Selling

In related news, COO Eugene M. Noel sold 41,209 shares of the company's stock in a transaction 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 transaction, the chief operating officer owned 29,592 shares of the company's stock, valued at $5,653,551.60. This represents a 58.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the transaction, the insider owned 211,379 shares of the company's stock, valued at $14,743,685.25. The trade was a 91.54% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.17% of the company's stock.

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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