American Tower Corporation $AMT Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its holdings in American Tower Corporation (NYSE:AMT) by 24.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,107 shares of the real estate investment trust’s stock after selling 13,563 shares during the period. Crossmark Global Holdings Inc.’s holdings in American Tower were worth $8,098,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. KCM Investment Advisors LLC grew its stake in American Tower by 5.2% during the 3rd quarter. KCM Investment Advisors LLC now owns 1,973 shares of the real estate investment trust’s stock valued at $379,000 after acquiring an additional 97 shares in the last quarter. IFG Advisory LLC lifted its stake in American Tower by 9.0% in the 3rd quarter. IFG Advisory LLC now owns 16,757 shares of the real estate investment trust’s stock worth $3,223,000 after purchasing an additional 1,377 shares in the last quarter. Cambria Investment Management L.P. purchased a new position in American Tower in the 3rd quarter worth approximately $253,000. Insigneo Advisory Services LLC boosted its holdings in shares of American Tower by 1.5% during the 3rd quarter. Insigneo Advisory Services LLC now owns 4,333 shares of the real estate investment trust’s stock worth $833,000 after purchasing an additional 64 shares during the last quarter. Finally, NZS Capital LLC grew its position in shares of American Tower by 31.6% in the third quarter. NZS Capital LLC now owns 440,213 shares of the real estate investment trust’s stock valued at $84,662,000 after purchasing an additional 105,789 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, 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 value of $7,872,979.45. Following the transaction, the chief operating officer directly owned 29,592 shares in the company, valued at approximately $5,653,551.60. This represents a 58.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the transaction, the insider directly owned 211,379 shares of the company’s stock, valued at $14,743,685.25. The trade was a 91.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.17% of the stock is currently owned by insiders.

American Tower Stock Performance

Shares of American Tower stock opened at $188.87 on Friday. The firm has a market cap of $88.03 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 0.79 and a beta of 0.92. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 3.27. American Tower Corporation has a 52 week low of $166.88 and a 52 week high of $234.33. The business’s fifty day simple moving average is $180.60 and its 200-day simple moving average is $185.15.

American Tower (NYSE:AMT) last issued its quarterly earnings data 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 business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same period in the previous year, the business posted $2.62 earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.780-10.950 EPS. Equities analysts forecast that American Tower Corporation will post 10.14 earnings per share for the current year.

American Tower Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th will be given a dividend of $1.79 per share. This is a boost from American Tower’s previous quarterly dividend of $1.70. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, April 14th. American Tower’s dividend payout ratio (DPR) is 126.16%.

Trending Headlines about American Tower

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

• Positive Sentiment: Board raised the quarterly cash distribution to $1.79/share (5.3% increase versus prior quarter), payable April 28; the raise supports the stock’s income appeal and pushes the yield to roughly 3.8%. Read More.
• Neutral Sentiment: Sanford C. Bernstein initiated coverage with a Market Perform rating and $205 price target (~8.5% above current levels) — a modest positive signal but not a bullish endorsement. Read More.
• Neutral Sentiment: RBC Capital issued a Hold (sector perform) on AMT, signaling limited near‑term upside from their perspective and contributing to mixed analyst sentiment. Read More.
• Neutral Sentiment: Recent press pieces (e.g., “Balances 2025 Strength With 2026 Reset”) and assorted analyst target trims reflect a view that 2025 performance was solid but 2026 requires a reset — this keeps the story mixed for growth vs. valuation. Read More.
• Negative Sentiment: COO Eugene M. Noel sold 41,209 shares (≈$7.9M at the sale price), cutting his stake by ~58% — a sizable insider sale that can be perceived negatively by investors even if for personal/liquidity reasons. Read More.

Analyst Upgrades and Downgrades

AMT has been the subject of several recent research reports. Mizuho cut their price target on American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Royal Bank Of Canada lowered their price objective on American Tower from $220.00 to $195.00 and set a “sector perform” rating on the stock in a research note on Monday, January 12th. Jefferies Financial Group raised their target price on American Tower from $200.00 to $209.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. UBS Group reduced their price target on American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Finally, New Street Research raised shares of American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price target on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $217.35.

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.