Orographic Financial Advisors LLC purchased a new stake in shares of American Tower Corporation (NYSE:AMT – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,095 shares of the real estate investment trust’s stock, valued at approximately $1,569,000. American Tower makes up approximately 1.1% of Orographic Financial Advisors LLC’s holdings, making the stock its 29th biggest holding.
Several other large investors have also recently bought and sold shares of the business. Richards Merrill & Peterson Inc. purchased a new position in American Tower during the 4th quarter valued at about $25,000. Oakworth Capital Inc. lifted its position in shares of American Tower by 90.7% in the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 68 shares in the last quarter. Swiss RE Ltd. acquired a new stake in shares of American Tower during the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new stake in shares of American Tower during the third quarter worth approximately $29,000. Finally, Acumen Wealth Advisors LLC purchased a new position in American Tower during the fourth quarter valued at approximately $29,000. 92.69% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on AMT shares. Weiss Ratings upgraded shares of American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Truist Financial boosted their price target on shares of American Tower from $205.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Wolfe Research upgraded American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price objective for the company in a report on Wednesday, July 8th. Barclays reduced their price objective on American Tower from $200.00 to $195.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $260.00 target price on shares of American Tower in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three 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 price target of $215.19.
Insider Activity at American Tower
In other news, EVP Ruth T. Dowling sold 1,106 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $174.96, for a total value of $193,505.76. Following the completion of the sale, the executive vice president directly owned 27,711 shares in the company, valued at approximately $4,848,316.56. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by corporate insiders.
American Tower Stock Performance
Shares of NYSE AMT opened at $174.55 on Friday. The business’s 50-day simple moving average is $176.07 and its 200-day simple moving average is $178.43. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.43 and a current ratio of 0.52. American Tower Corporation has a 52 week low of $160.06 and a 52 week high of $217.39. The firm has a market cap of $81.32 billion, a price-to-earnings ratio of 24.01, a P/E/G ratio of 2.87 and a beta of 0.91.
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 the consensus estimate of $1.60 by $1.24. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 32.76% and a net margin of 31.08%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.75 EPS. As a group, equities research analysts expect that American Tower Corporation will post 10.66 earnings per share for the current fiscal year.
American Tower Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 12th were given a $1.79 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.1%. American Tower’s dividend payout ratio (DPR) is currently 98.49%.
Trending Headlines about American Tower
Here are the key news stories impacting American Tower this week:
- Positive Sentiment: American Tower reported strong Q2 2026 results, with revenue increasing to approximately $2.75 billion and net income reaching $867.5 million. Record leasing at its CoreSite data-center business and solid global tower activity supported the performance. Record CoreSite Leasing And Strong Q2 Results at American Tower
- Positive Sentiment: The company raised its 2026 financial outlook for the second time and expects data-center revenue to grow roughly 15%, benefiting from demand related to artificial intelligence and cloud infrastructure. American Tower Raises 2026 Outlook Again
- Positive Sentiment: Scotiabank raised its price target to $220 from $218, while BMO Capital Markets increased its target to $195 from $190. The revisions indicate analysts see potential upside, although BMO maintained a “market perform” rating. Scotiabank Raises American Tower Price Target
- Neutral Sentiment: American Tower and Crown Castle are trading near one-year lows, but investor commentary favors American Tower because of its stronger data-center growth and repeated guidance increases. American Tower or Crown Castle
- Neutral Sentiment: Executive Vice President Ruth T. Dowling sold a combined 1,791 shares for approximately $309,641 under a pre-arranged Rule 10b5-1 plan. Because the sales were scheduled and the executive retained a sizable position, the transactions are a limited signal rather than a clear change in management’s outlook. SEC Insider Trading Filing
- Negative Sentiment: Analysts continue to flag American Tower’s sensitivity to interest rates. Higher rates can raise borrowing costs, pressure highly leveraged REITs and make dividend-oriented investments less attractive, likely contributing to the stock’s weakness despite improving operating results. American Tower Interest Rate Risk Analysis
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.
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