Swedbank AB Has $99.15 Million Stock Position in American Tower Corporation $AMT

Swedbank AB lowered its holdings in American Tower Corporation (NYSE:AMT) by 7.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 564,734 shares of the real estate investment trust’s stock after selling 47,069 shares during the quarter. Swedbank AB’s holdings in American Tower were worth $99,150,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMT. Brighton Jones LLC grew its holdings in American Tower by 113.0% in the 4th quarter. Brighton Jones LLC now owns 3,966 shares of the real estate investment trust’s stock valued at $727,000 after buying an additional 2,104 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in American Tower by 34.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,442 shares of the real estate investment trust’s stock valued at $319,000 after buying an additional 368 shares during the last quarter. United Bank grew its holdings in American Tower by 12.7% in the 2nd quarter. United Bank now owns 6,488 shares of the real estate investment trust’s stock valued at $1,434,000 after buying an additional 733 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in American Tower by 2.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 218,511 shares of the real estate investment trust’s stock valued at $48,295,000 after buying an additional 4,778 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in American Tower by 52.2% in the 2nd quarter. Ieq Capital LLC now owns 34,248 shares of the real estate investment trust’s stock valued at $7,570,000 after buying an additional 11,751 shares during the last quarter. Institutional investors and hedge funds own 92.69% of the company’s stock.

American Tower Price Performance

Shares of NYSE:AMT opened at $183.77 on Friday. American Tower Corporation has a 1-year low of $165.08 and a 1-year high of $234.33. The firm has a market capitalization of $85.62 billion, a PE ratio of 29.69, a PEG ratio of 0.77 and a beta of 0.90. The business’s 50 day moving average is $177.40 and its 200-day moving average is $179.12. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 3.07.

American Tower (NYSE:AMT) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter last year, the firm earned $2.75 EPS. American Tower’s revenue for the quarter was up 6.8% compared to the same quarter last year. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Sell-side analysts predict that American Tower Corporation will post 10.67 earnings per share for the current year.

American Tower Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Investors of record on Friday, June 12th will be given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, June 12th. American Tower’s dividend payout ratio (DPR) is 115.67%.

Analysts Set New Price Targets

AMT has been the topic of a number of research analyst reports. Sanford C. Bernstein raised American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 target price on the stock in a report on Tuesday. Truist Financial raised their target price on American Tower from $205.00 to $208.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Citizens Jmp reissued a “market outperform” rating and set a $260.00 price objective on shares of American Tower in a report on Wednesday, April 29th. Mizuho raised American Tower from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $189.00 to $205.00 in a report on Wednesday, April 15th. Finally, Jefferies Financial Group lifted their price objective on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $216.20.

Insider Buying and Selling

In related news, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was 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 $5,653,551.60. This trade represents a 58.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rajesh Kalathur bought 2,671 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of $185.30 per share, with a total value of $494,936.30. Following the transaction, the director directly owned 4,936 shares in the company, valued at $914,640.80. This trade represents a 117.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 42,181 shares of company stock worth $8,046,071 in the last 90 days. 0.08% of the stock is owned by company insiders.

American Tower News Roundup

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

• Positive Sentiment: American Tower declared a quarterly dividend of $1.79 per share, payable July 13 to shareholders of record on June 12, reinforcing its income appeal and signaling continued confidence in cash flows. American Tower Corporation Declares Quarterly Distribution
• Positive Sentiment: Shareholders also approved a new 2026 equity incentive plan, which may help align management with long-term growth execution and retention. American Tower Shareholders Approve New Equity Incentive Plan

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.