American Tower (NYSE:AMT – Free Report) had its target price lifted by BMO Capital Markets from $185.00 to $200.00 in a report published on Wednesday morning,MarketScreener reports. BMO Capital Markets currently has a market perform rating on the real estate investment trust’s stock.
A number of other research firms also recently issued reports on AMT. JPMorgan Chase & Co. dropped their price objective on shares of American Tower from $250.00 to $245.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Argus set a $210.00 price target on American Tower in a research note on Thursday, October 30th. Scotiabank reduced their price objective on American Tower from $248.00 to $220.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 14th. Raymond James Financial decreased their price objective on American Tower from $231.00 to $229.00 and set a “strong-buy” rating on the stock in a report on Friday, January 23rd. Finally, Wells Fargo & Company cut their target price on American Tower from $210.00 to $200.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Tower has an average rating of “Moderate Buy” and a consensus target price of $217.63.
View Our Latest Research Report on AMT
American Tower Stock Down 4.1%
American Tower Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, December 29th were given a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, December 29th. American Tower’s dividend payout ratio (DPR) is presently 108.63%.
Insider Buying and Selling
In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the sale, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.17% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Richards Merrill & Peterson Inc. purchased a new stake in American Tower during the 4th quarter valued at $25,000. Oakworth Capital Inc. increased 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 valued at $25,000 after acquiring an additional 68 shares during the period. Swiss RE Ltd. bought a new position in shares of American Tower during the fourth quarter valued at about $25,000. Abound Wealth Management boosted its holdings in shares of American Tower by 137.3% during the third quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 81 shares during the period. Finally, Holos Integrated Wealth LLC bought a new stake in shares of American Tower in the fourth quarter worth about $27,000. 92.69% of the stock is owned by hedge funds and other institutional investors.
More American Tower News
Here are the key news stories impacting American Tower this week:
- Positive Sentiment: Q4 operating results showed strength: AFFO/FFO and revenue beat consensus and management highlighted robust leasing demand across towers and accelerating data‑center growth, supporting longer‑term fundamentals. American Tower posts upbeat revenue
- Positive Sentiment: Management updated FY‑2026 outlook and emphasized cost efficiencies and data‑center expansion as offsets to headwinds — a signal that management expects profitable growth if execution holds. Press Release
- Neutral Sentiment: Analyst reactions are mixed: some firms trimmed price targets modestly (Scotiabank, TD Cowen, Morgan Stanley, UBS lowered its target slightly but kept a Buy), while BMO raised its target and kept Market Perform — producing offsetting signals for investors. BMO target update
- Negative Sentiment: Big near‑term negative: DISH Network has defaulted on lease payments, prompting legal action and prompting management to adjust its US tower outlook — the cashflow loss and uncertainty around recovery raise short‑term revenue risk. DISH default story
- Negative Sentiment: Accounting/earnings noise: while AFFO/FFO and revenue beat, a GAAP EPS miss and mixed commentary in some outlets describing 2026 guidance as “light” have sapped confidence and likely contributed to today’s selloff. Earnings report
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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