MQS Management LLC Invests $554,000 in American Tower Corporation $AMT

MQS Management LLC purchased a new position in shares of American Tower Corporation (NYSE:AMT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 3,154 shares of the real estate investment trust’s stock, valued at approximately $554,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of American Tower by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock worth $12,239,277,000 after purchasing an additional 611,801 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of American Tower by 20,721.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,712,672 shares of the real estate investment trust’s stock valued at $1,705,254,000 after acquiring an additional 9,666,025 shares during the last quarter. Invesco Ltd. increased its holdings in shares of American Tower by 3.1% during the 3rd quarter. Invesco Ltd. now owns 6,888,633 shares of the real estate investment trust’s stock valued at $1,324,822,000 after acquiring an additional 208,109 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of American Tower by 1.0% during the 4th quarter. Principal Financial Group Inc. now owns 6,038,061 shares of the real estate investment trust’s stock valued at $1,060,103,000 after acquiring an additional 57,545 shares during the last quarter. Finally, Capital Research Global Investors increased its holdings in shares of American Tower by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 4,924,771 shares of the real estate investment trust’s stock valued at $947,132,000 after acquiring an additional 15,145 shares during the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Tower

In other American Tower news, Director Rajesh Kalathur bought 2,671 shares of the stock in a transaction on Tuesday, March 10th. The shares were purchased at an average price of $185.30 per share, with a total value of $494,936.30. Following the acquisition, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $191.05, for a total value of $7,872,979.45. Following the completion of the sale, the chief operating officer directly owned 29,592 shares in the company, valued at $5,653,551.60. This trade represents a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,181 shares of company stock valued at $8,046,071 in the last 90 days. 0.08% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AMT has been the topic of a number of analyst reports. Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $189.00 to $205.00 in a report on Wednesday, April 15th. Scotiabank increased their price objective on American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Sanford C. Bernstein raised American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 price objective on the stock in a report on Tuesday. Raymond James Financial reissued a “strong-buy” rating and set a $240.00 price objective on shares of American Tower in a report on Wednesday, April 29th. Finally, Citizens Jmp reissued a “market outperform” rating and set a $260.00 price objective on shares of American Tower in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, American Tower has a consensus rating of “Moderate Buy” and a consensus target price of $216.20.

Key Headlines Impacting American Tower

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

• Positive Sentiment: American Tower declared a quarterly dividend of $1.79 per share, payable July 13 to shareholders of record on June 12, reinforcing its income appeal and signaling continued confidence in cash flows. American Tower Corporation Declares Quarterly Distribution
• Positive Sentiment: Shareholders also approved a new 2026 equity incentive plan, which may help align management with long-term growth execution and retention. American Tower Shareholders Approve New Equity Incentive Plan

American Tower Stock Performance

AMT opened at $183.77 on Friday. The firm has a market capitalization of $85.62 billion, a P/E ratio of 29.69, a price-to-earnings-growth ratio of 0.77 and a beta of 0.90. The stock’s 50 day moving average price is $177.40 and its two-hundred day moving average price is $179.12. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 3.07. American Tower Corporation has a 12-month low of $165.08 and a 12-month high of $234.33.

American Tower (NYSE:AMT) 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 $1.60 by $1.24. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.75 EPS. 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 10.67 earnings per share for the current year.

American Tower Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Friday, June 12th will be issued a $1.79 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. American Tower’s dividend payout ratio (DPR) is 115.67%.

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.