Man Group plc Acquires 517,719 Shares of American Tower Corporation $AMT

Posted by George Bondi on Jun 18th, 2026

Man Group plc boosted its holdings in shares of American Tower Corporation (NYSE:AMT – Free Report) by 85.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,120,762 shares of the real estate investment trust’s stock after buying an additional 517,719 shares during the quarter. Man Group plc’s holdings in American Tower were worth $196,772,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Oakworth Capital Inc. grew its position in American Tower by 90.7% during the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 68 shares during the period. Richards Merrill & Peterson Inc. bought a new stake in American Tower during the fourth quarter valued at approximately $25,000. Swiss RE Ltd. bought a new stake in American Tower during the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in American Tower during the third quarter valued at approximately $29,000. Finally, Holos Integrated Wealth LLC bought a new stake in American Tower during the fourth quarter valued at approximately $27,000. 92.69% of the stock is currently owned by institutional investors.

American Tower Price Performance

AMT stock opened at $181.29 on Thursday. American Tower Corporation has a one year low of $165.08 and a one year high of $234.33. The company’s fifty day moving average price is $181.57 and its 200-day moving average price is $179.99. 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 company has a market capitalization of $84.46 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 0.77 and a beta of 0.90.

American Tower (NYSE:AMT – Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the previous year, the firm earned $2.75 earnings per share. The company’s quarterly revenue 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 analysts anticipate that American Tower Corporation will post 10.67 EPS for the current fiscal year.

American Tower Announces Dividend

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

Wall Street Analysts Forecast Growth

AMT has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their price target on shares of American Tower from $245.00 to $240.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Barclays lowered 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 report on Thursday, April 16th. Morgan Stanley lowered their price target on shares of American Tower from $225.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $195.00 price target on shares of American Tower in a report on Thursday, April 30th. Finally, Jefferies Financial Group lifted their price target on shares of American Tower from $209.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. One equities 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $216.20.

Check Out Our Latest Stock Analysis on AMT

Insider Activity at American Tower

In other news, EVP Ruth T. Dowling sold 556 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $178.48, for a total value of $99,234.88. Following the transaction, the executive vice president directly owned 29,877 shares in the company, valued at approximately $5,332,446.96. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.

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.