American Tower (NYSE:AMT) Stock: Insider Ruth Dowling Sells 626 Shares

American Tower Corporation (NYSE:AMT) EVP Ruth Dowling sold 626 shares of the stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $182.00, for a total value of $113,932.00. Following the sale, the executive vice president directly owned 27,085 shares in the company, valued at $4,929,470. This trade represents a 2.26% decrease in their position. 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.

American Tower Price Performance

Shares of AMT stock opened at $187.83 on Friday. The stock’s 50-day moving average is $175.85 and its 200 day moving average is $177.35. American Tower Corporation has a 1-year low of $160.06 and a 1-year high of $202.50. The company has a debt-to-equity ratio of 3.30, a current ratio of 0.51 and a quick ratio of 0.52. The company has a market cap of $87.52 billion, a P/E ratio of 26.49, a PEG ratio of 3.39 and a beta of 0.88.

American Tower (NYSE:AMT) last announced its earnings results on Tuesday, October 27th. The real estate investment trust reported $1.64 EPS for the quarter, hitting analysts’ consensus estimates of $1.64. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. American Tower had a net margin of 30.10% and a return on equity of 32.71%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.78 earnings per share. Research analysts predict that American Tower Corporation will post 10.80 earnings per share for the current fiscal year.

American Tower announced that its board has authorized a share buyback program on Tuesday, October 27th that allows the company to repurchase $2 billion in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase shares of its stock through open market purchases. Share repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

American Tower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Wednesday, September 30th were given a $1.79 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.8%. American Tower’s dividend payout ratio (DPR) is presently 100.99%.

Institutional Trading of American Tower

Large investors have recently made changes to their positions in the business. Operose Advisors LLC acquired a new position in shares of American Tower during the second quarter worth $25,000. Allied Private Wealth LLC purchased a new position in shares of American Tower in the second quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in American Tower during the 2nd quarter valued at $33,000. SBI Securities Co. Ltd. acquired a new stake in American Tower during the 3rd quarter valued at $35,000. Finally, Kelleher Financial Advisors acquired a new stake in American Tower during the 2nd quarter valued at $37,000. 92.69% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. TD Cowen lifted their target price on shares of American Tower from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a “buy” rating on shares of American Tower in a research note on Tuesday. Truist Financial raised their price target on shares of American Tower from $207.00 to $210.00 and gave the stock a “buy” rating in a report on Friday. Barclays lifted their price objective on shares of American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 30th. Finally, Wolfe Research raised shares of American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price objective on the stock in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, American Tower presently has a consensus rating of “Moderate Buy” and an average target price of $216.44.

Key American Tower News

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

• Positive Sentiment: Truist raises target and reiterates Buy: Truist Financial increased its price target for AMT from $207 to $210 and assigned a “Buy” rating. The new target implies approximately 12% upside from the reference price, providing a positive near-term catalyst.
• Positive Sentiment: Share repurchase plan approved: American Tower’s board approved a stock repurchase plan, potentially supporting the share price and signaling management’s confidence in the company’s valuation and cash-generation ability. Stock Repurchase Plan Approved by American Tower Board
• Positive Sentiment: CoreSite outlook remains favorable: Coverage highlighted CoreSite’s repeated guidance increases, suggesting continued strength in American Tower’s data-center and digital-infrastructure operations. Why Is CoreSite Lifting American Tower Guidance Again?
• Neutral Sentiment: Recent earnings were broadly in line: Third-quarter EPS matched consensus, while revenue exceeded estimates and increased year over year. The results provide fundamental support, although earnings growth remains a key consideration for investors. American Tower Q3 2026 Earnings
• Neutral Sentiment: Analyst views are mixed: Recent coverage describes differing opinions on AMT and other real-estate stocks, while performance comparisons examine whether American Tower is outperforming its finance-sector peers. Analysts Offer Insights on Real Estate Companies
• Negative Sentiment: JPMorgan and Citigroup lowered expectations: Both firms recently reduced their price targets for AMT, tempering the bullish impact of Truist’s upgrade. Citigroup nevertheless retained a “Buy” rating while cutting its target from $225 to $220. Citigroup Cuts American Tower Price Target JPMorgan Lowers Expectations for American Tower

American Tower Company Profile

American Tower Corporation (NYSE:AMT) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its portfolio primarily includes communications towers, rooftop sites, distributed antenna systems and other infrastructure used by wireless carriers, broadcasters, governments and businesses to support voice, data and video communications.

The company leases space on its sites to multiple customers, allowing them to install antennas and related equipment without building and maintaining individual tower locations.