Aspire Private Capital LLC Purchases Shares of 8,471 American Tower Corporation $AMT

Aspire Private Capital LLC bought a new position in shares of American Tower Corporation (NYSE:AMT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,471 shares of the real estate investment trust’s stock, valued at approximately $1,487,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Abound Wealth Management lifted its position in American Tower by 137.3% in the 3rd quarter. Abound Wealth Management now owns 140 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 81 shares in the last quarter. Holos Integrated Wealth LLC purchased a new stake in shares of American Tower in the fourth quarter worth approximately $27,000. Triumph Capital Management bought a new position in shares of American Tower in the third quarter valued at approximately $29,000. Root Financial Partners LLC bought a new position in shares of American Tower in the third quarter valued at approximately $32,000. Finally, Physician Wealth Advisors Inc. boosted its holdings in American Tower by 85.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 171 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 79 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

Insider Buying and Selling at American Tower

In other American Tower news, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the completion of the sale, the chief operating officer directly owned 29,592 shares in the company, valued at $5,653,551.60. This represents a 58.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Rajesh Kalathur acquired 2,671 shares of American Tower stock in a transaction dated Tuesday, March 10th. The shares were bought at an average cost of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the purchase, the director directly owned 4,936 shares of the company’s stock, valued at approximately $914,640.80. The trade was a 117.92% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on AMT shares. UBS Group cut 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. Truist Financial began coverage on American Tower in a research report on Tuesday. They issued a “buy” rating and a $205.00 price objective on the stock. The Goldman Sachs Group reduced their price objective on American Tower from $230.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, January 16th. BMO Capital Markets lifted their target price on American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th. Finally, Mizuho cut their price target on shares of American Tower from $217.00 to $189.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $216.76.

American Tower Stock Performance

American Tower stock opened at $171.16 on Thursday. American Tower Corporation has a 1-year low of $165.08 and a 1-year high of $234.33. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 3.27. The firm has a market capitalization of $79.77 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 0.72 and a beta of 0.92. The firm’s 50 day simple moving average is $181.18 and its 200 day simple moving average is $181.98.

American Tower (NYSE:AMT) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.54 by ($0.79). The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.69 billion. American Tower had a net margin of 23.76% and a return on equity of 24.36%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.62 EPS. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. As a group, analysts expect that American Tower Corporation will post 10.14 earnings per share for the current fiscal year.

American Tower Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 28th. Investors of record on Tuesday, April 14th will be given a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Tuesday, April 14th. This is a boost from American Tower’s previous quarterly dividend of $1.70. American Tower’s dividend payout ratio is 126.16%.

American Tower News Summary

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

• Positive Sentiment: Truist initiated coverage with a Buy and a $205 price target, calling towers a high-quality business with long-term upside — this gives investors a near‑term analyst catalyst and implied ~20% upside from current levels. Truist Financial Initiates American Tower Corporation (AMT) with Buy, Sees Long-Term Upside
• Positive Sentiment: Zacks/Zacks-linked reports upgraded AMT to a strong‑buy, reinforcing the bullish analyst flow and supporting demand in the stock. Zacks.com
• Positive Sentiment: Management signaled a 2026 strategic refocus at the Media, Internet & Telecom Conference: targeted expansion in Europe and a multi‑year cost‑saving plan intended to lift margins and enforce more disciplined operations — a structural positive for profitability if execution sticks. American Tower Refocuses On Europe As Cost Plan Targets Margin Gains
• Neutral Sentiment: Company set its Q1 2026 earnings release and conference call for April 28 (7:00 a.m. ET release; 8:30 a.m. call) — an upcoming event that could produce fresh guidance/metrics and move the stock. American Tower Plans First Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: Recent market commentary noted the stock rose modestly on a recent session but lagged broader market gains — suggests limited immediate upside absent fresh fundamental news. American Tower (AMT) Increases Yet Falls Behind Market: What Investors Need to Know
• Negative Sentiment: Management flagged continued challenges in Latin America and specified Dish Network is not part of its near‑term growth framework — these regional headwinds and the lack of a large new tenant opportunity could limit revenue/occupancy upside in the near term. American Tower Refocuses On Europe As Cost Plan Targets Margin Gains

American Tower 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.