American Tower Corporation $AMT Shares Sold by US Bancorp DE

US Bancorp DE lowered its position in shares of American Tower Corporation (NYSE:AMT) by 3.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 976,111 shares of the real estate investment trust’s stock after selling 39,418 shares during the period. US Bancorp DE owned about 0.21% of American Tower worth $187,729,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in American Tower in the second quarter valued at approximately $1,371,875,000. JPMorgan Chase & Co. raised its holdings in shares of American Tower by 24.3% in the second quarter. JPMorgan Chase & Co. now owns 12,666,082 shares of the real estate investment trust’s stock valued at $2,799,458,000 after buying an additional 2,474,328 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of American Tower by 233.5% during the second quarter. Viking Global Investors LP now owns 2,797,125 shares of the real estate investment trust’s stock worth $618,221,000 after buying an additional 1,958,329 shares during the last quarter. Invesco Ltd. increased its position in American Tower by 11.9% in the 2nd quarter. Invesco Ltd. now owns 6,680,524 shares of the real estate investment trust’s stock valued at $1,476,529,000 after acquiring an additional 708,808 shares during the period. Finally, Vanguard Group Inc. lifted its position in American Tower by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock worth $12,239,277,000 after acquiring an additional 611,801 shares during the period. 92.69% of the stock is owned by institutional investors and hedge funds.

American Tower News Roundup

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 Analysts Forecast Growth

A number of research analysts have recently issued reports on AMT shares. Barclays reissued an “equal weight” rating and issued a $200.00 target price (down from $203.00) on shares of American Tower in a report on Monday, December 1st. Mizuho reduced their target price on American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Raymond James Financial decreased their price target 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. Scotiabank decreased their price objective on shares of American Tower from $220.00 to $214.00 and set a “sector outperform” rating on the stock in a research report on Wednesday. Finally, JPMorgan Chase & Co. lowered their target price on American Tower from $250.00 to $245.00 and set an “overweight” rating on the stock in a report 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 given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $217.63.

Insiders Place Their Bets

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the sale, the insider directly owned 211,379 shares in the company, valued at $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

American Tower Stock Down 4.1%

Shares of NYSE:AMT opened at $182.41 on Thursday. American Tower Corporation has a 12-month low of $166.88 and a 12-month high of $234.33. The stock’s 50-day moving average price is $178.51 and its two-hundred day moving average price is $185.77. The company has a current ratio of 0.60, a quick ratio of 0.89 and a debt-to-equity ratio of 3.27. The firm has a market cap 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, December 29th were given a $1.70 dividend. This represents a $6.80 annualized dividend 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 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.