American Tower Corporation $AMT is Partners Group Holding AG’s 6th Largest Position

Partners Group Holding AG lessened its position in shares of American Tower Corporation (NYSE:AMT) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 313,231 shares of the real estate investment trust’s stock after selling 18,143 shares during the quarter. American Tower accounts for 3.3% of Partners Group Holding AG’s portfolio, making the stock its 6th largest position. Partners Group Holding AG owned approximately 0.07% of American Tower worth $60,241,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of American Tower by 5.4% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 939,247 shares of the real estate investment trust’s stock worth $180,636,000 after purchasing an additional 47,966 shares during the last quarter. AlphaCore Capital LLC increased its stake in shares of American Tower by 4.4% in the 3rd quarter. AlphaCore Capital LLC now owns 2,133 shares of the real estate investment trust’s stock valued at $414,000 after purchasing an additional 90 shares in the last quarter. Second Half Financial Partners LLC raised its holdings in American Tower by 8.1% in the 3rd quarter. Second Half Financial Partners LLC now owns 2,622 shares of the real estate investment trust’s stock worth $504,000 after purchasing an additional 196 shares during the period. Hager Investment Management Services LLC boosted its position in American Tower by 22,222.2% during the third quarter. Hager Investment Management Services LLC now owns 2,009 shares of the real estate investment trust’s stock worth $386,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in American Tower in the third quarter valued at approximately $756,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Insider Transactions at American Tower

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the 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 owned 211,379 shares of the company’s stock, valued at $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.17% of the company’s stock.

Key Stories Impacting American Tower

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

• Positive Sentiment: Q4 results beat estimates — AFFO and revenue topped expectations and management highlighted robust leasing demand and accelerating data-center growth, supporting longer-term revenue diversification. American Tower Sees Robust Leasing Demand Across Towers, Data Centers
• Positive Sentiment: Analyst support remains: BMO raised its target to $200 (market perform), and Morgan Stanley remains overweight with a $220 target — both signal continued conviction in AMT’s fundamentals despite volatility. BMO / MarketScreener Morgan Stanley / MarketScreener
• Positive Sentiment: Industry commentary (Seeking Alpha) argues AMT may outperform peers (e.g., Crown Castle) thanks to its global footprint and data-center expansion. American Tower Poised To Outperform Crown Castle
• Neutral Sentiment: Multiple firms adjusted price targets: UBS trimmed $254→$248 (buy), Scotiabank $220→$214 (sector outperform), TD Cowen $235→$225, and others — most retain constructive ratings, so changes are more calibration than sell signals. Benzinga (analyst notes)
• Neutral Sentiment: Valuation/attractiveness pieces note recent share volatility and mixed short-term returns; these help frame whether current levels offer a buying opportunity but don’t change fundamentals. Yahoo Finance: Is AMT Pricing Attractive
• Negative Sentiment: DISH Network lease default — AMT is pursuing legal remedies and has revised its 2026 outlook to reflect lost DISH revenue in the U.S. market; management is leaning on cost actions and data-center growth to offset the hit. This is the clearest near-term headwind. American Tower Weighs DISH Default
• Negative Sentiment: Mixed guidance messaging — some outlets describe 2026 guidance as “light” despite management’s focus on cost efficiency and revised outlook, creating near-term uncertainty around growth cadence and investor expectations. MSN: Light 2026 Guidance
• Neutral Sentiment: Peripheral/market items (fund portfolio moves, AST SpaceMobile contract story) may influence sector sentiment but are not direct drivers of AMT fundamentals. AST SpaceMobile article

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMT. Scotiabank dropped their price target on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating on the stock in a research note on Wednesday. New Street Research upgraded American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price objective on the stock in a report on Monday, January 5th. The Goldman Sachs Group cut 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. Argus set a $210.00 target price on American Tower in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. reduced their price objective on American Tower from $250.00 to $245.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $217.63.

American Tower Trading Down 4.1%

Shares of American Tower stock opened at $182.41 on Thursday. The stock has a 50 day moving average of $178.51 and a 200 day moving average of $185.77. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.89 and a current ratio of 0.60. The firm has a market capitalization of $85.39 billion, a price-to-earnings ratio of 33.84, a PEG ratio of 0.79 and a beta of 0.93. American Tower Corporation has a fifty-two week low of $166.88 and a fifty-two week high of $234.33.

American Tower Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, December 29th. American Tower’s dividend payout ratio (DPR) is presently 108.63%.

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.