Jefferies Financial Group Increases American Tower (NYSE:AMT) Price Target to $210.00

American Tower (NYSE:AMT) had its price objective upped by investment analysts at Jefferies Financial Group from $209.00 to $210.00 in a report issued on Tuesday,MarketScreener reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. Jefferies Financial Group’s target price suggests a potential upside of 18.75% from the company’s current price.

A number of other research firms have also commented on AMT. Scotiabank reduced their price objective on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating for the company in a research note on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of American Tower in a research report on Monday, December 29th. BMO Capital Markets boosted their price target on shares of American Tower from $185.00 to $200.00 and gave the company a “market perform” rating in a report on Wednesday, February 25th. New Street Research raised shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price objective for the company in a research note on Monday, January 5th. Finally, Truist Financial began coverage on shares of American Tower in a research report on Tuesday, March 31st. They set a “buy” rating and a $205.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, American Tower currently has a consensus rating of “Moderate Buy” and an average target price of $217.57.

American Tower Stock Performance

AMT opened at $176.84 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 3.27. The firm has a market cap of $82.42 billion, a PE ratio of 32.81, a P/E/G ratio of 0.74 and a beta of 0.92. The business has a fifty day simple moving average of $180.98 and a 200-day simple moving average of $180.78. American Tower has a fifty-two week low of $165.08 and a fifty-two week high of $234.33.

American Tower (NYSE:AMT) last announced its 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). American Tower had a return on equity of 24.36% and a net margin of 23.76%.The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same period last year, the firm earned $2.62 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. As a group, equities analysts predict that American Tower will post 10.14 EPS for the current fiscal year.

Insider Transactions at American Tower

In related news, Director Rajesh Kalathur acquired 2,671 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $185.30 per share, with a total value of $494,936.30. Following the completion of the transaction, the director owned 4,936 shares of the company’s stock, valued at approximately $914,640.80. This trade represents a 117.92% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief operating officer owned 29,592 shares in the company, valued at approximately $5,653,551.60. This represents a 58.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.17% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On American Tower

A number of hedge funds have recently modified their holdings of AMT. J. Stern & Co. LLP grew its stake in American Tower by 28,121.1% in the fourth quarter. J. Stern & Co. LLP now owns 37,686,978 shares of the real estate investment trust’s stock valued at $6,616,703,000 after purchasing an additional 37,553,436 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of American Tower by 20,721.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,712,672 shares of the real estate investment trust’s stock worth $1,705,254,000 after purchasing an additional 9,666,025 shares in the last quarter. Norges Bank acquired a new stake in shares of American Tower during the 4th quarter valued at about $1,171,180,000. Lazard Asset Management LLC grew its stake in shares of American Tower by 1,984.8% in the 3rd quarter. Lazard Asset Management LLC now owns 4,464,382 shares of the real estate investment trust’s stock valued at $858,552,000 after buying an additional 4,250,242 shares in the last quarter. Finally, Capital International Investors increased its holdings in American Tower by 157.0% in the fourth quarter. Capital International Investors now owns 3,871,368 shares of the real estate investment trust’s stock worth $679,696,000 after buying an additional 2,364,898 shares during the last quarter. 92.69% of the stock is owned by institutional investors and hedge funds.

More American Tower News

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

• Positive Sentiment: Mizuho upgraded AMT from Neutral to Outperform and lifted its price target to $205, arguing the shares look compelling after prolonged underperformance — a move that typically attracts buying interest. Mizuho Upgrades American Tower to Outperform
• Positive Sentiment: Jefferies raised its price target slightly to $210 and kept a Buy rating, signaling incremental analyst confidence and implying roughly double-digit upside from recent levels. Such reiterations can support demand from institutional buyers. Jefferies adjusts American Tower price target
• Neutral Sentiment: American Tower declared a quarterly cash distribution of $1.79 per share, underscoring a steady dividend policy; investors will watch upcoming quarterly results to see how earnings, cash flow and the dividend align with management’s capital-allocation plan. Does American Tower’s New Dividend Payout Clarify Its Long‑Term Capital Allocation Priorities?
• Neutral Sentiment: News of a new CEO at Radius Global Infrastructure (a competitor in tower/infrastructure) is noted by the market but is unlikely to meaningfully change AMT’s outlook in the near term; keep an eye on competitive moves in international infrastructure markets. Radius Global Infrastructure appoints CEO

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.