RBF Capital LLC Sells 4,000 Shares of American Tower Corporation $AMT

RBF Capital LLC decreased its position in shares of American Tower Corporation (NYSE:AMT) by 40.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the real estate investment trust’s stock after selling 4,000 shares during the quarter. RBF Capital LLC’s holdings in American Tower were worth $1,053,000 as of its most recent filing with the Securities & Exchange Commission.

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

More American Tower News

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

• Positive Sentiment: Bernstein reiterated a bullish view on American Tower, upgrading AMT to Outperform with a $207 price target. The firm pointed to long-term demand from 5G expansion and data center growth, while saying the stock’s sensitivity to interest rates is easing. Article: Bernstein Upgrades American Tower (AMT) on Long-Term 5G and Data Center Demand
• Positive Sentiment: Recent coverage also highlighted American Tower as a beneficiary of expanding digital infrastructure, which can support leasing demand for its tower portfolio over time. Article: American Tower Gains Attention As Digital Infrastructure Expands
• Neutral Sentiment: Several articles framed AMT as a valuation and volatility debate rather than a clear near-term catalyst, with investors weighing its stable infrastructure cash flows against rate risk and competition concerns. Article: AMT vs. PSA: Which Stock Is the Better Value Option?
• Neutral Sentiment: A separate market commentary piece said American Tower has been volatile recently, with short-term moves offsetting a stronger multi-month recovery, which suggests investors are still reassessing the stock’s risk/reward profile. Article: American Tower (AMT) Stock After Recent Volatility Is The Current Price A Potential Opportunity

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AMT. Morgan Stanley decreased their price target on American Tower from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $189.00 to $205.00 in a report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their price target on American Tower from $245.00 to $240.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Raymond James Financial reiterated a “strong-buy” rating and set a $240.00 price target on shares of American Tower in a report on Wednesday, April 29th. Finally, BMO Capital Markets upped their price target on American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $216.20.

American Tower Stock Down 0.7%

Shares of NYSE AMT opened at $184.39 on Wednesday. American Tower Corporation has a one year low of $165.08 and a one year high of $234.33. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.43 and a quick ratio of 0.43. The business’s fifty day moving average price is $181.47 and its 200-day moving average price is $179.99. The stock has a market capitalization of $85.90 billion, a PE ratio of 29.79, a P/E/G ratio of 0.78 and a beta of 0.90.

American Tower (NYSE:AMT) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.66 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The business’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. On average, equities research analysts anticipate that American Tower Corporation will post 10.67 EPS for the current year.

American Tower Announces Dividend

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

Insider Transactions at American Tower

In related news, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total transaction of $73,856.64. Following the sale, the executive vice president owned 29,461 shares of the company’s stock, valued at approximately $5,230,505.94. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.08% of the company’s stock.

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.