Strs Ohio Cuts Stake in American Tower Corporation $AMT

Strs Ohio reduced its holdings in shares of American Tower Corporation (NYSE:AMT) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,999 shares of the real estate investment trust’s stock after selling 4,268 shares during the period. Strs Ohio’s holdings in American Tower were worth $26,335,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AMT. SOA Wealth Advisors LLC. increased its position in shares of American Tower by 36.7% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 205 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 55 shares during the last quarter. Personal CFO Solutions LLC increased its position in shares of American Tower by 3.5% in the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock valued at $293,000 after purchasing an additional 57 shares during the last quarter. Pines Wealth Management LLC increased its position in shares of American Tower by 4.1% in the 3rd quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust’s stock valued at $286,000 after purchasing an additional 58 shares during the last quarter. Pasadena Private Wealth LLC increased its position in shares of American Tower by 4.0% in the 3rd quarter. Pasadena Private Wealth LLC now owns 1,544 shares of the real estate investment trust’s stock valued at $297,000 after purchasing an additional 60 shares during the last quarter. Finally, Conscious Wealth Investments LLC increased its position in shares of American Tower by 0.5% in the 3rd quarter. Conscious Wealth Investments LLC now owns 11,852 shares of the real estate investment trust’s stock valued at $2,121,000 after purchasing an additional 60 shares during the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMT has been the topic of a number of recent analyst reports. Citizens Jmp reissued a “market outperform” rating and issued a $260.00 price objective on shares of American Tower in a research report on Wednesday. Truist Financial increased their target price on shares of American Tower from $205.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of American Tower from $245.00 to $240.00 and set an “overweight” rating on the stock in a research report on Wednesday. Barclays dropped their target price on shares of American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 16th. Finally, Scotiabank increased their target price on shares of American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, American Tower has an average rating of “Moderate Buy” and an average price target of $218.05.

American Tower Stock Down 0.5%

Shares of NYSE:AMT opened at $181.72 on Friday. The stock has a market cap of $84.69 billion, a P/E ratio of 29.36, a P/E/G ratio of 0.76 and a beta of 0.90. The firm has a fifty day moving average price of $180.04 and a 200 day moving average price of $180.03. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.43 and a quick ratio of 0.60. American Tower Corporation has a 1-year low of $165.08 and a 1-year high of $234.33.

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

American Tower Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th were paid a dividend of $1.79 per share. The ex-dividend date was Tuesday, April 14th. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. This is an increase from American Tower’s previous quarterly dividend of $1.70. American Tower’s dividend payout ratio (DPR) is currently 115.67%.

Insider Buying and Selling

In other American Tower news, Director Rajesh Kalathur purchased 2,671 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the purchase, the director directly owned 4,936 shares in the company, valued at approximately $914,640.80. This trade represents a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 approximately $5,653,551.60. The trade was a 58.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,181 shares of company stock worth $8,046,071 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Trending Headlines about American Tower

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

• Positive Sentiment: Q1 beat and upgraded outlook — AMT reported AFFO and revenue above estimates and raised FY‑2026 guidance, giving the stock fundamental support from recurring cash flow strength. Read More.
• Positive Sentiment: CoreSite/AI tailwinds — CoreSite launched 100Gbps connectivity across its Open Cloud Exchange to target AI/ML and high‑bandwidth workloads, supporting data‑center growth that can diversify AMT’s revenue mix. Read More.
• Positive Sentiment: Dividend lift — the company raised the quarterly dividend (to $1.79) paid late April, reinforcing the REIT income profile that appeals to yield‑oriented holders. Read More.
• Positive Sentiment: Analyst support — several firms raised price targets or reiterated buy/overweight stances (e.g., Truist raised its target), which underpins medium‑term upside expectations. Read More.
• Neutral Sentiment: JPMorgan recalibration — JPM trimmed its target from $245 to $240 but kept an overweight rating; this is a modest adjustment rather than a downgrade and leaves meaningful upside. Read More.
• Neutral Sentiment: RBC reaffirmed sector‑perform ($195) — mixed analyst views persist across brokers, creating intra‑day volatility as investors weigh growth vs. valuation. Read More.
• Neutral Sentiment: Insider selling under 10b5‑1 — EVP Ruth T. Dowling sold small lots (pre‑arranged plan); routine plan sales can seed supply but do not necessarily signal deteriorating fundamentals. Read More.
• Negative Sentiment: Critical commentary on valuation/catalysts — some analysts and commentators argue AMT lacks near‑term re‑rating catalysts and flag margin/valuation risks, which can prompt short‑term profit‑taking. Read More.

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.