American Tower (NYSE:AMT) Stock Unloaded Rep. Dwight Evans

Posted by Chris Copeland on May 19th, 2026

Representative Dwight Evans (Democratic-Pennsylvania) recently sold shares of American Tower Corporation (NYSE:AMT). In a filing disclosed on May 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Tower stock on May 11th. The trade occurred in the Representative’s “CETERA” account.

Representative Dwight Evans also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Thermo Fisher Scientific (NYSE:TMO) on 5/7/2026.
Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 5/7/2026.
Sold $1,001 – $15,000 in shares of Quanta Services (NYSE:PWR) on 5/7/2026.
Sold $15,001 – $50,000 in shares of Micron Technology (NASDAQ:MU) on 3/24/2026.

American Tower Price Performance

American Tower stock traded up $5.58 during midday trading on Tuesday, reaching $182.86. 4,659,685 shares of the stock were exchanged, compared to its average volume of 3,191,348. The company’s fifty day moving average is $177.60 and its 200-day moving average is $179.00. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market cap of $85.19 billion, a PE ratio of 29.54, a PEG ratio of 0.71 and a beta of 0.90. American Tower Corporation has a 52 week low of $165.08 and a 52 week high of $234.33.

American Tower (NYSE:AMT – Get Free Report) last posted its 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 business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. American Tower had a net margin of 26.81% and a return on equity of 27.79%. American Tower’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, sell-side analysts forecast that American Tower Corporation will post 10.67 EPS for the current year.

American Tower Increases Dividend

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

Key Headlines Impacting American Tower

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

Positive Sentiment: Bernstein upgraded American Tower (AMT) to Outperform from Market Perform and lifted its price target to $207, signaling roughly 17% upside and reinforcing optimism around the tower REIT group. Bernstein turns bullish on American Tower, sees 17% upside
Positive Sentiment: American Tower also announced pricing for a €750 million senior notes offering due 2033 at 4.000%, giving it access to long-term capital and suggesting management is continuing to fund growth and refinance efficiently. American Tower Corporation Prices Senior Notes Offering
Neutral Sentiment: The company presented at the J.P. Morgan Global Technology, Media and Communications Conference, which may have kept investors focused on its growth outlook, but no major new financial details were disclosed in the transcript. American Tower Corporation (AMT) Presents at J.P. Morgan Conference Transcript
Neutral Sentiment: Broader sector commentary continues to highlight American Tower as a beneficiary of demand for connectivity and infrastructure, but this is more of a longer-term thesis than a near-term catalyst. Data Center REITs: One Of My Highest-Conviction Calls

Hedge Funds Weigh In On American Tower

Institutional investors have recently made changes to their positions in the stock. Riverwater Partners LLC grew its holdings in American Tower by 3.8% in the 4th quarter. Riverwater Partners LLC now owns 1,536 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 56 shares during the last quarter. Triumph Capital Management grew its holdings in American Tower by 37.3% in the 4th quarter. Triumph Capital Management now owns 206 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 56 shares during the last quarter. Personal CFO Solutions LLC lifted its stake in American Tower by 3.5% in the fourth quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock worth $293,000 after acquiring an additional 57 shares during the period. Pines Wealth Management LLC lifted its stake in American Tower by 4.1% in the third quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust’s stock worth $286,000 after acquiring an additional 58 shares during the period. Finally, Twin City Private Wealth LLC lifted its stake in American Tower by 0.7% in the fourth quarter. Twin City Private Wealth LLC now owns 7,799 shares of the real estate investment trust’s stock worth $1,382,000 after acquiring an additional 58 shares during the period. Institutional investors own 92.69% of the company’s stock.

Insider Buying and Selling

In related news, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was 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 owned 29,592 shares of the company’s stock, valued at $5,653,551.60. This trade represents a 58.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Ruth T. Dowling sold 416 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total transaction of $73,856.64. Following the completion of the sale, the executive vice president directly owned 29,461 shares of the company’s stock, valued at approximately $5,230,505.94. This represents a 1.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 42,181 shares of company stock valued at $8,046,071 over the last quarter. 0.08% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMT has been the topic of a number of analyst reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $260.00 target price on shares of American Tower in a report on Wednesday, April 29th. Truist Financial upped their target price on shares of American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. decreased their price target on shares of American Tower from $245.00 to $240.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. BMO Capital Markets increased their price target on shares of American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. Finally, UBS Group decreased their price target on shares of American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five 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 an average target price of $216.20.

Check Out Our Latest Stock Report on AMT

About Representative Evans

Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania’s 3rd Congressional District. He declared candidacy for the 2026 election.

Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor’s degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.

About American Tower

(Get Free Report)

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.