Bogart Wealth LLC Sells 35,573 Shares of American Tower Corporation $AMT

Bogart Wealth LLC reduced its position in American Tower Corporation (NYSE:AMT) by 61.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 21,850 shares of the real estate investment trust’s stock after selling 35,573 shares during the quarter. Bogart Wealth LLC’s holdings in American Tower were worth $3,836,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Richards Merrill & Peterson Inc. bought a new position in shares of American Tower in the 4th quarter worth $25,000. Oakworth Capital Inc. lifted its holdings in shares of American Tower by 90.7% in the 4th quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 68 shares in the last quarter. Holos Integrated Wealth LLC bought a new position in shares of American Tower in the 4th quarter worth $27,000. Triumph Capital Management bought a new position in shares of American Tower in the 3rd quarter worth $29,000. Finally, Steph & Co. lifted its holdings in shares of American Tower by 87.2% in the 4th quarter. Steph & Co. now owns 176 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 82 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors.

Insider Buying and Selling at American Tower

In other American Tower news, Director Rajesh Kalathur bought 2,671 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Eugene M. Noel sold 41,209 shares of the firm’s stock in a transaction 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 sale, the chief operating officer directly owned 29,592 shares of the company’s stock, valued at approximately $5,653,551.60. This represents a 58.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

AMT has been the topic of a number of recent research reports. New Street Research upgraded American Tower from a “neutral” rating to a “buy” rating and set a $203.00 target price on the stock in a report on Monday, January 5th. Raymond James Financial dropped their price objective on American Tower from $231.00 to $229.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 23rd. Truist Financial initiated coverage on American Tower in a research note on Tuesday, March 31st. They set a “buy” rating and a $205.00 price objective on the stock. The Goldman Sachs Group dropped their price objective on American Tower from $230.00 to $210.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Finally, Morgan Stanley dropped their price objective on American Tower from $225.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $217.33.

Key Headlines Impacting American Tower

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

• Positive Sentiment: Q1 results and FFO beat — AMT reported funds from operations of $2.84 per share and revenue of $2.74B, topping consensus and showing mid-single‑digit revenue growth; management raised FY 2026 EPS guidance. AMT Q1 FFO Beats Estimates on Higher Property Revenues
• Positive Sentiment: Raised full‑year outlook — management cited strong leasing demand, cloud adoption and AI‑driven workloads as reasons to lift guidance, which supports a re‑rating on growth expectations. American Tower raises annual forecast on strong leasing demand, cloud adoption
• Positive Sentiment: Data‑center/Campus momentum — CoreSite (an AMT company) expanded its Open Cloud Exchange with 100Gbps Ethernet virtual circuits, strengthening AMT’s positioning in higher‑growth interconnection and enterprise/cloud workloads. CoreSite Launches 100G Ethernet Virtual Circuits on Open Cloud Exchange® Interconnection Platform
• Neutral Sentiment: Investor takeaways and technicals — several market writeups weigh the pullback versus long‑term thesis (mixed short‑term returns vs. multi‑year growth drivers); pieces suggest this is a buy‑the‑dip debate rather than a clear sell signal. Is It Time To Revisit American Tower (AMT) After Its Recent Share Price Pullback
• Neutral Sentiment: Management commentary — earnings call/transcripts emphasize durable structural demand (5G, fixed wireless, AI workloads) supporting long‑term visibility; useful for conviction but not an immediate cash catalyst. American Tower (AMT) Q1 2026 Earnings Transcript
• Negative Sentiment: Analyst/valuation headwinds — some coverage notes recent downgrades and the stock’s pullback over the last year; concerns about valuation and near‑term returns persist for income/value investors. 5 Best High-Yield Dividend Growth Stocks to Buy Right Now
• Negative Sentiment: Leverage and valuation metrics — AMT carries a relatively high debt/equity ratio and a P/E that reflects growth expectations; investors sensitive to interest rates or execution risk may view this as a downside factor. American Tower earnings & metrics (MarketBeat)

American Tower Price Performance

Shares of NYSE:AMT opened at $178.10 on Wednesday. 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 stock’s fifty day simple moving average is $180.25 and its two-hundred day simple moving average is $180.05. American Tower Corporation has a 1-year low of $165.08 and a 1-year high of $234.33. The stock has a market cap of $83.01 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 0.74 and a beta of 0.92.

American Tower (NYSE:AMT) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, beating the consensus estimate of $1.59 by $1.25. 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 analysts’ expectations of $2.65 billion. During the same period last year, the business earned $2.75 EPS. The business’s revenue was up 6.8% on a year-over-year basis. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, analysts forecast that American Tower Corporation will post 10.59 EPS for the current fiscal year.

American Tower Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 14th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Tuesday, April 14th. This represents a $7.16 annualized dividend and a dividend yield of 4.0%. This is a boost from American Tower’s previous quarterly dividend of $1.70. American Tower’s payout ratio is 132.84%.

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.