American Tower Corporation $AMT Shares Sold by Handelsbanken Fonder AB

Posted by George Bondi on May 20th, 2026

Handelsbanken Fonder AB lowered its position in shares of American Tower Corporation (NYSE:AMT – Free Report) by 2.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 203,533 shares of the real estate investment trust’s stock after selling 5,706 shares during the quarter. Handelsbanken Fonder AB’s holdings in American Tower were worth $35,734,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMT. Personal CFO Solutions LLC raised its position in shares of American Tower by 3.5% during the 4th quarter. Personal CFO Solutions LLC now owns 1,667 shares of the real estate investment trust’s stock worth $293,000 after purchasing an additional 57 shares during the period. Pines Wealth Management LLC raised its position in shares of American Tower by 4.1% during the 3rd quarter. Pines Wealth Management LLC now owns 1,488 shares of the real estate investment trust’s stock worth $286,000 after purchasing an additional 58 shares during the period. Conscious Wealth Investments LLC raised its position in shares of American Tower by 0.5% during the 3rd quarter. Conscious Wealth Investments LLC now owns 11,852 shares of the real estate investment trust’s stock worth $2,121,000 after purchasing an additional 60 shares during the period. Dynamic Wealth Strategies LLC raised its position in shares of American Tower by 19.9% during the 3rd quarter. Dynamic Wealth Strategies LLC now owns 367 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 61 shares during the period. Finally, SPC Financial Inc. raised its position in shares of American Tower by 1.5% during the 3rd quarter. SPC Financial Inc. now owns 4,093 shares of the real estate investment trust’s stock worth $787,000 after purchasing an additional 61 shares during the period. Institutional investors and hedge funds own 92.69% of the company’s stock.

Key Headlines Impacting American Tower

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

Positive Sentiment: Bernstein upgraded American Tower (AMT) to Outperform from Market Perform and lifted its price target to $207, signaling roughly 17% upside and reinforcing optimism around the tower REIT group. Bernstein turns bullish on American Tower, sees 17% upside
Positive Sentiment: American Tower also announced pricing for a €750 million senior notes offering due 2033 at 4.000%, giving it access to long-term capital and suggesting management is continuing to fund growth and refinance efficiently. American Tower Corporation Prices Senior Notes Offering
Neutral Sentiment: The company presented at the J.P. Morgan Global Technology, Media and Communications Conference, which may have kept investors focused on its growth outlook, but no major new financial details were disclosed in the transcript. American Tower Corporation (AMT) Presents at J.P. Morgan Conference Transcript
Neutral Sentiment: Broader sector commentary continues to highlight American Tower as a beneficiary of demand for connectivity and infrastructure, but this is more of a longer-term thesis than a near-term catalyst. Data Center REITs: One Of My Highest-Conviction Calls

American Tower Stock Up 3.1%

AMT opened at $182.86 on Wednesday. The stock’s 50 day moving average price is $177.48 and its 200 day moving average price is $179.02. 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 stock has a market cap of $85.19 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.74 and a beta of 0.90. American Tower Corporation has a 12 month low of $165.08 and a 12 month high of $234.33.

American Tower (NYSE:AMT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $1.24. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $2.75 EPS. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. As a group, research analysts predict that American Tower Corporation will post 10.67 earnings per share for the current year.

American Tower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 14th were paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, April 14th. This is an increase from American Tower’s previous quarterly dividend of $1.70. American Tower’s dividend payout ratio is 115.67%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMT. Jefferies Financial Group increased their price target on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Weiss Ratings upgraded American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Mizuho upgraded American Tower from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $189.00 to $205.00 in a research report on Wednesday, April 15th. Truist Financial increased their price target on American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, TD Cowen dropped their price target on American Tower from $235.00 to $225.00 in a research report on Wednesday, February 25th. One research 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 stock. According to MarketBeat.com, American Tower has an average rating of “Moderate Buy” and an average target price of $216.20.

Read Our Latest Analysis on American Tower

Insider Buying and Selling at American Tower

In other American Tower news, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $178.48, for a total transaction of $99,234.88. Following the completion of the transaction, the executive vice president directly owned 29,877 shares of the company’s stock, valued at approximately $5,332,446.96. This trade represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur purchased 2,671 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $185.30 per share, with a total value of $494,936.30. Following the completion of the purchase, the director owned 4,936 shares in the company, valued at $914,640.80. This represents a 117.92% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 42,181 shares of company stock valued at $8,046,071. 0.08% of the stock is owned by corporate insiders.

About American Tower

(Free Report)

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.