Blair William & Co. IL Has $150.40 Million Position in American Tower Corporation $AMT

Blair William & Co. IL lifted its holdings in shares of American Tower Corporation (NYSE:AMT) by 1.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 782,048 shares of the real estate investment trust’s stock after purchasing an additional 8,874 shares during the period. Blair William & Co. IL’s holdings in American Tower were worth $150,404,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in AMT. Abound Wealth Management grew its holdings in shares of American Tower by 137.3% in the third quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 81 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of American Tower during the second quarter valued at about $31,000. Root Financial Partners LLC purchased a new stake in American Tower in the 3rd quarter worth approximately $32,000. Physician Wealth Advisors Inc. boosted its stake in American Tower by 85.9% during the third quarter. Physician Wealth Advisors Inc. now owns 171 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 79 shares during the period. Finally, Westside Investment Management Inc. grew its position in American Tower by 103.6% during the third quarter. Westside Investment Management Inc. now owns 169 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 86 shares in the last quarter. Institutional investors own 92.69% of the company’s stock.

Insiders Place Their Bets

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s stock in a transaction 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 directly owned 211,379 shares of the company’s stock, valued at $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the sale, the chief operating officer owned 29,592 shares of the company’s stock, valued at approximately $5,653,551.60. The trade was a 58.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.17% of the stock is currently owned by corporate insiders.

American Tower Price Performance

Shares of American Tower stock opened at $188.87 on Friday. The firm has a market capitalization of $88.03 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 0.79 and a beta of 0.92. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 3.27. American Tower Corporation has a 12 month low of $166.88 and a 12 month high of $234.33. The business’s 50-day moving average price is $180.60 and its 200-day moving average price is $185.15.

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

American Tower Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 14th will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a dividend 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 dividend payout ratio (DPR) is presently 126.16%.

American Tower News Summary

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

• Positive Sentiment: Board raised the quarterly cash distribution to $1.79/share (5.3% increase versus prior quarter), payable April 28; the raise supports the stock’s income appeal and pushes the yield to roughly 3.8%. Read More.
• Neutral Sentiment: Sanford C. Bernstein initiated coverage with a Market Perform rating and $205 price target (~8.5% above current levels) — a modest positive signal but not a bullish endorsement. Read More.
• Neutral Sentiment: RBC Capital issued a Hold (sector perform) on AMT, signaling limited near‑term upside from their perspective and contributing to mixed analyst sentiment. Read More.
• Neutral Sentiment: Recent press pieces (e.g., “Balances 2025 Strength With 2026 Reset”) and assorted analyst target trims reflect a view that 2025 performance was solid but 2026 requires a reset — this keeps the story mixed for growth vs. valuation. Read More.
• Negative Sentiment: COO Eugene M. Noel sold 41,209 shares (≈$7.9M at the sale price), cutting his stake by ~58% — a sizable insider sale that can be perceived negatively by investors even if for personal/liquidity reasons. Read More.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Sanford C. Bernstein began coverage on American Tower in a report on Thursday. They issued a “market perform” rating and a $205.00 price target on the stock. The Goldman Sachs Group decreased their price objective 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. UBS Group dropped their target price on shares of American Tower from $254.00 to $248.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Barclays reissued an “equal weight” rating and issued a $200.00 price target (down from $203.00) on shares of American Tower in a research note on Monday, December 1st. Finally, TD Cowen decreased their price target on shares of American Tower from $235.00 to $225.00 in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and a consensus target price of $217.35.

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.