American Tower Corporation (NYSE:AMT – Get Free Report) has been given an average rating of “Moderate Buy” by the nineteen research firms that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $217.6316.
A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group reduced their target price on shares of American Tower from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. TD Cowen reduced their price objective on American Tower from $235.00 to $225.00 in a report on Wednesday. BMO Capital Markets lifted their target price on American Tower from $185.00 to $200.00 and gave the company a “market perform” rating in a research note on Wednesday. Citigroup reaffirmed a “market outperform” rating on shares of American Tower in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company lowered their price objective on American Tower from $210.00 to $200.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th.
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American Tower Stock Performance
American Tower Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, December 29th were paid a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, December 29th. American Tower’s payout ratio is 108.63%.
Insider Buying and Selling
In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the sale, the insider owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.17% of the company’s stock.
Institutional Trading of American Tower
A number of large investors have recently made changes to their positions in the company. MidFirst Bank bought a new position in American Tower during the fourth quarter worth about $4,317,000. SG Trading Solutions LLC acquired a new stake in shares of American Tower during the fourth quarter worth about $402,000. MV Capital Management Inc. bought a new position in shares of American Tower during the 4th quarter valued at about $45,000. Wick Capital Partners LLC acquired a new position in shares of American Tower in the 4th quarter valued at approximately $221,000. Finally, Compound Planning Inc. increased its stake in American Tower by 3.5% during the 4th quarter. Compound Planning Inc. now owns 7,099 shares of the real estate investment trust’s stock worth $1,246,000 after purchasing an additional 243 shares in the last quarter. Institutional investors own 92.69% of the company’s stock.
Key American Tower News
Here are the key news stories impacting American Tower this week:
- Positive Sentiment: Q4 operating results showed strength: AFFO/FFO and revenue beat consensus and management highlighted robust leasing demand across towers and accelerating data‑center growth, supporting longer‑term fundamentals. American Tower posts upbeat revenue
- Positive Sentiment: Management updated FY‑2026 outlook and emphasized cost efficiencies and data‑center expansion as offsets to headwinds — a signal that management expects profitable growth if execution holds. Press Release
- Neutral Sentiment: Analyst reactions are mixed: some firms trimmed price targets modestly (Scotiabank, TD Cowen, Morgan Stanley, UBS lowered its target slightly but kept a Buy), while BMO raised its target and kept Market Perform — producing offsetting signals for investors. BMO target update
- Negative Sentiment: Big near‑term negative: DISH Network has defaulted on lease payments, prompting legal action and prompting management to adjust its US tower outlook — the cashflow loss and uncertainty around recovery raise short‑term revenue risk. DISH default story
- Negative Sentiment: Accounting/earnings noise: while AFFO/FFO and revenue beat, a GAAP EPS miss and mixed commentary in some outlets describing 2026 guidance as “light” have sapped confidence and likely contributed to today’s selloff. Earnings report
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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