American Tower Corporation $AMT Shares Purchased by OMERS ADMINISTRATION Corp

Posted by Francis Steltz on Jul 28th, 2026

OMERS ADMINISTRATION Corp raised its position in American Tower Corporation (NYSE:AMT – Free Report) by 29.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,671 shares of the real estate investment trust’s stock after purchasing an additional 4,929 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in American Tower were worth $3,740,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AMT. Oakworth Capital Inc. grew 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 buying an additional 68 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new position in American Tower during the 4th quarter valued at about $25,000. Swiss RE Ltd. purchased a new position in American Tower during the 4th quarter valued at about $25,000. Triumph Capital Management acquired a new position in American Tower in the 3rd quarter valued at about $29,000. Finally, Acumen Wealth Advisors LLC acquired a new position in American Tower in the 4th quarter valued at about $29,000. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMT. Royal Bank Of Canada raised shares of American Tower from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $195.00 to $205.00 in a research report on Friday, June 26th. Sanford C. Bernstein upgraded shares of American Tower from a “market perform” rating to an “outperform” rating and set a $207.00 price objective for the company in a report on Tuesday, May 19th. JPMorgan Chase & Co. cut their target price 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. Raymond James Financial reiterated a “strong-buy” rating and set a $240.00 target price on shares of American Tower in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group started coverage on shares of American Tower in a research report on Friday, June 26th. They issued a “buy” rating and a $215.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, American Tower has an average rating of “Moderate Buy” and an average target price of $215.57.

View Our Latest Stock Report on AMT

Insider Activity at American Tower

In other news, EVP Ruth T. Dowling sold 416 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $177.54, for a total value of $73,856.64. Following the transaction, 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 SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.

American Tower Price Performance

American Tower stock opened at $166.69 on Tuesday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 3.07. The company has a fifty day simple moving average of $176.56 and a 200-day simple moving average of $178.30. The stock has a market cap of $77.66 billion, a P/E ratio of 26.93, a price-to-earnings-growth ratio of 0.70 and a beta of 0.91. American Tower Corporation has a 12-month low of $160.06 and a 12-month high of $229.07.

American Tower (NYSE:AMT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating the consensus estimate of $1.60 by $1.24. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the prior year, the company posted $2.75 earnings per share. American Tower’s revenue for the quarter was up 6.8% compared to the same quarter last year. Equities analysts expect that American Tower Corporation will post 10.66 EPS for the current fiscal year.

American Tower Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 13th. Stockholders of record on Friday, June 12th were given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, June 12th. American Tower’s dividend payout ratio is currently 115.67%.

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.