American Tower Corporation $AMT Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its position in American Tower Corporation (NYSE:AMT) by 5.0% in the first quarter, Holdings Channel reports. The institutional investor owned 88,541 shares of the real estate investment trust’s stock after selling 4,695 shares during the period. Stock Yards Bank & Trust Co.’s holdings in American Tower were worth $15,280,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AMT. Oakworth Capital Inc. grew its position in shares of American Tower by 90.7% during the 4th quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 68 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of American Tower in the 4th quarter valued at about $25,000. Swiss RE Ltd. acquired a new position in American Tower in the 4th quarter worth about $25,000. Triumph Capital Management acquired a new position in American Tower in the 3rd quarter worth about $29,000. Finally, Holos Integrated Wealth LLC purchased a new position in American Tower during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 92.69% of the company’s stock.

American Tower Trading Up 1.5%

Shares of AMT stock opened at $166.10 on Thursday. American Tower Corporation has a fifty-two week low of $162.27 and a fifty-two week high of $234.33. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. The stock’s fifty day moving average is $180.32 and its two-hundred day moving average is $179.50. The firm has a market capitalization of $77.39 billion, a P/E ratio of 26.83, a PEG ratio of 0.68 and a beta of 0.91.

American Tower (NYSE:AMT) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. Research analysts expect that American Tower Corporation will post 10.66 earnings per share for the current fiscal year.

American Tower Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a yield of 4.3%. American Tower’s payout ratio is presently 115.67%.

American Tower News Roundup

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

• Positive Sentiment: RBC Capital upgraded American Tower (AMT) to Outperform, which suggests improved confidence in the REIT’s outlook and can help support the shares. American Tower (AMT) Upgraded to Outperform at RBC Capital
• Positive Sentiment: Investors are focusing more on American Tower’s role in towers, data centers, and AI-related infrastructure, with commentary highlighting added index inclusion and growth opportunities that could broaden demand for the stock. Index Additions And AI Infrastructure Optimism Might Change The Case For Investing In American Tower (AMT)
• Positive Sentiment: American Tower (AMT) finished the latest session higher while the broader market fell, showing relative strength and suggesting renewed buying interest. American Tower (AMT) Ascends While Market Falls: Some Facts to Note
• Neutral Sentiment: American Tower announced it will report second-quarter 2026 results on July 28, which keeps investors focused on upcoming earnings but is not itself a material operating update. American Tower Plans Second Quarter 2026 Earnings Release and Conference Call
• Neutral Sentiment: The company also released its 2025 sustainability executive report, highlighting ESG progress and operational resilience, which may support the long-term investment case but is unlikely to move the stock on its own. American Tower Corporation Releases 2025 Sustainability Executive Report
• Negative Sentiment: Despite the recent bounce, American Tower (AMT) remains well below its recent highs, and articles continue to point to rate fears and a significant multi-month decline as key overhangs on the stock. American Tower (AMT) Stock After 24% Slide Is The Market Overreacting To Rate Fears

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank Of Canada upgraded American Tower from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $195.00 to $205.00 in a research report on Friday, June 26th. Scotiabank increased their target price on American Tower from $214.00 to $218.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Barclays dropped their price target on shares of American Tower from $200.00 to $195.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Jefferies Financial Group boosted their price target on shares of American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Finally, Citizens Jmp restated a “market outperform” rating and set a $260.00 price objective on shares of American Tower in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $216.95.

Insider Transactions at American Tower

In other American Tower news, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $177.54, for a total value of $73,856.64. Following the completion of the sale, the executive vice president owned 29,461 shares in the company, valued at approximately $5,230,505.94. This represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.08% of the company’s stock.

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.