Los Angeles Capital Management LLC Increases Stock Position in American Tower Corporation $AMT

Posted by Francis Steltz on Jun 8th, 2026

Los Angeles Capital Management LLC increased its position in American Tower Corporation (NYSE:AMT – Free Report) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 182,612 shares of the real estate investment trust’s stock after purchasing an additional 7,604 shares during the quarter. Los Angeles Capital Management LLC’s holdings in American Tower were worth $32,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Oakworth Capital Inc. boosted its stake in shares of American Tower by 90.7% in the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 68 shares during the period. Richards Merrill & Peterson Inc. purchased a new position in shares of American Tower in the fourth quarter valued at $25,000. Triumph Capital Management purchased a new position in shares of American Tower in the third quarter valued at $29,000. Holos Integrated Wealth LLC purchased a new position in shares of American Tower in the fourth quarter valued at $27,000. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of American Tower in the fourth quarter valued at $30,000. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Raymond James Financial reiterated a “strong-buy” rating and set a $240.00 price objective on shares of American Tower in a research note on Wednesday, April 29th. Morgan Stanley reduced their price objective on shares of American Tower from $225.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. reduced their price objective on shares of American Tower from $245.00 to $240.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. UBS Group reduced their price objective on shares of American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Finally, Jefferies Financial Group increased their price objective on shares of American Tower from $209.00 to $210.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. One 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $216.20.

Get Our Latest Analysis on American Tower

Insiders Place Their Bets

In other American Tower news, Director Rajesh Kalathur bought 2,671 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were bought at an average cost of $185.30 per share, with a total value of $494,936.30. Following the completion of the acquisition, the director owned 4,936 shares of the company’s stock, valued at approximately $914,640.80. This trade represents a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction on 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 directly owned 29,461 shares in the company, valued at $5,230,505.94. This trade represents a 1.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by corporate insiders.

American Tower Trading Down 0.1%

NYSE AMT opened at $193.88 on Monday. The company has a market capitalization of $90.33 billion, a price-to-earnings ratio of 31.32, a price-to-earnings-growth ratio of 0.81 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. The company’s fifty day moving average price is $179.08 and its two-hundred day moving average price is $179.58. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.43 and a quick ratio of 0.43.

American Tower (NYSE:AMT – Get Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.66 billion. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.75 earnings per share. 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 fiscal year.

American Tower Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Shareholders of record on Friday, June 12th will be issued a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, June 12th. American Tower’s dividend payout ratio is 115.67%.

American Tower Profile

(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.