Churchill Financial Advisors LLC Acquires Shares of 4,180 American Tower Corporation $AMT

Churchill Financial Advisors LLC acquired a new stake in shares of American Tower Corporation (NYSE:AMT) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 4,180 shares of the real estate investment trust’s stock, valued at approximately $734,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Legal & General Group Plc grew its holdings in American Tower by 4.7% during the fourth quarter. Legal & General Group Plc now owns 4,873,695 shares of the real estate investment trust’s stock valued at $855,675,000 after purchasing an additional 220,447 shares during the period. New Age Alpha Advisors LLC grew its holdings in American Tower by 11.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 41,125 shares of the real estate investment trust’s stock valued at $7,220,000 after purchasing an additional 4,205 shares during the period. HBK Sorce Advisory LLC grew its holdings in American Tower by 30.1% during the fourth quarter. HBK Sorce Advisory LLC now owns 2,003 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 464 shares during the period. Kuhn & Co Investment Counsel boosted its holdings in shares of American Tower by 2.6% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,950 shares of the real estate investment trust’s stock worth $694,000 after acquiring an additional 100 shares during the period. Finally, Mondrian Investment Partners LTD boosted its holdings in shares of American Tower by 64.0% in the fourth quarter. Mondrian Investment Partners LTD now owns 8,687 shares of the real estate investment trust’s stock worth $1,525,000 after acquiring an additional 3,391 shares during the period. 92.69% of the stock is owned by institutional investors.

More American Tower News

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

Insider Buying and Selling

In related news, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total value of $73,856.64. Following the sale, the executive vice president owned 29,461 shares in the company, valued at approximately $5,230,505.94. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur acquired 2,671 shares of the 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 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 position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 42,181 shares of company stock worth $8,046,071. Corporate insiders own 0.08% of the company’s stock.

American Tower Trading Down 0.0%

Shares of AMT stock opened at $183.77 on Monday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. American Tower Corporation has a 52-week low of $165.08 and a 52-week high of $234.33. The company has a market capitalization of $85.62 billion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 0.77 and a beta of 0.90. The business’s fifty day moving average is $177.40 and its 200 day moving average is $179.13.

American Tower (NYSE:AMT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter last year, the business posted $2.75 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, equities research analysts anticipate that American Tower Corporation will post 10.67 EPS for the current fiscal year.

American Tower Dividend Announcement

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

Analysts Set New Price Targets

AMT has been the subject of a number of analyst reports. Barclays cut their price target on American Tower from $200.00 to $195.00 and set an “equal weight” rating for the company in a report on Thursday, April 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $195.00 price target on shares of American Tower in a report on Thursday, April 30th. JPMorgan Chase & Co. cut their price target on American Tower from $245.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Morgan Stanley cut their price target on American Tower from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Finally, Jefferies Financial Group raised their price target on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.20.

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.