Aew Capital Management L P Purchases New Shares in American Tower Corporation $AMT

Aew Capital Management L P purchased a new position in shares of American Tower Corporation (NYSE:AMT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,110 shares of the real estate investment trust’s stock, valued at approximately $12,137,000. American Tower accounts for 0.7% of Aew Capital Management L P’s investment portfolio, making the stock its 19th largest holding.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in American Tower by 113.0% during the 4th quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock valued at $727,000 after acquiring an additional 2,104 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of American Tower by 34.3% in the second quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock valued at $319,000 after purchasing an additional 368 shares during the period. United Bank increased its holdings in shares of American Tower by 12.7% in the second quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock valued at $1,434,000 after purchasing an additional 733 shares during the period. Focus Partners Advisor Solutions LLC purchased a new stake in shares of American Tower during the second quarter worth approximately $1,046,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of American Tower by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 780,250 shares of the real estate investment trust’s stock worth $172,451,000 after purchasing an additional 20,373 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.

American Tower Stock Performance

AMT opened at $190.21 on Wednesday. American Tower Corporation has a 1-year low of $166.88 and a 1-year high of $234.33. The stock has a market cap of $89.04 billion, a P/E ratio of 30.38, a P/E/G ratio of 0.79 and a beta of 0.93. The stock’s 50 day simple moving average is $178.43 and its 200 day simple moving average is $185.79. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.89 and a quick ratio of 0.89.

American Tower (NYSE:AMT) last posted its earnings results on Tuesday, February 24th. The real estate investment trust reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.54 by $0.09. The company had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.69 billion. American Tower had a return on equity of 28.79% and a net margin of 28.11%.American Tower’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.62 earnings per share. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. As a group, equities analysts anticipate that American Tower Corporation will post 10.14 EPS for the current fiscal year.

American Tower Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, December 29th were paid a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, December 29th. American Tower’s dividend payout ratio is presently 108.63%.

More American Tower News

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

• Positive Sentiment: Q4 beat on both the top and bottom line — reported AFFO/FFO of $2.63 vs. ~$2.54 consensus and revenue of $2.74B (≈7.5% YoY growth). Management released a slide deck and press release detailing the results, which underpin near‑term cash‑flow strength. American Tower Corporation Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Leasing demand remains robust across towers and data centers, driving revenue and AFFO momentum — management highlighted continued 5G buildouts and stronger data‑center leasing as growth drivers. American Tower posts upbeat revenue on strong leasing activity amid 5G, data-center growth
• Positive Sentiment: Management provided FY‑2026 EPS guidance (10.78–10.95), positioning expectations for continued AFFO growth; some coverage framed the outlook as measured while still setting a clear target for the year. American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat
• Neutral Sentiment: Management is emphasizing cost efficiencies and capital discipline when discussing the 2026 plan — this could temper upside from aggressive reinvestment but supports margin/FFO durability. American Tower Corp (AMT) Q4 2025 Earnings Call Highlights
• Negative Sentiment: DISH‑related risks remain a headline: AMT continues to navigate contract/default issues with DISH, which could weigh on collections or require lease remediation — a tangible operational risk flagged in the earnings discussion. American Tower Corporation (AMT) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Balance‑sheet and valuation considerations — leverage (debt/equity ~3.2) and a premium valuation (P/E ~30) mean growth execution must continue to justify the current price; higher rates or operational setbacks could pressure the multiple.

Insider Buying and Selling

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider directly owned 211,379 shares in the company, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMT. New Street Research raised shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price objective on the stock in a research note on Monday, January 5th. Morgan Stanley lowered their target price on shares of American Tower from $255.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday, December 4th. Barclays reissued an “equal weight” rating and set a $200.00 price target (down from $203.00) on shares of American Tower in a report on Monday, December 1st. HSBC lowered their price objective on American Tower from $235.00 to $205.00 in a report on Wednesday, October 29th. Finally, Citigroup reiterated a “market outperform” rating on shares of American Tower in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $218.79.

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.