Diversify Advisory Services LLC Purchases Shares of 9,657 American Tower Corporation $AMT

Posted by Geri Gentry on Aug 20th, 2026

Diversify Advisory Services LLC acquired a new position in shares of American Tower Corporation (NYSE:AMT – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 9,657 shares of the real estate investment trust’s stock, valued at approximately $1,610,000.

Several other large investors also recently made changes to their positions in the business. Wealthfront Advisers LLC purchased a new position in shares of American Tower in the 2nd quarter valued at $11,951,000. Ontario Teachers Pension Plan Board purchased a new stake in American Tower during the 2nd quarter worth $291,867,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in American Tower in the 2nd quarter valued at $33,000. Park State Asset Management acquired a new stake in American Tower in the 2nd quarter valued at $556,000. Finally, M. Kulyk & Associates LLC purchased a new position in American Tower in the second quarter valued at about $4,543,000. Institutional investors and hedge funds own 92.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Royal Bank Of Canada upgraded American Tower from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $195.00 to $205.00 in a research note on Friday, June 26th. 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. Weiss Ratings raised American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $214.00 price objective on shares of American Tower in a research report on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $210.00 target price on shares of American Tower in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $215.14.

Check Out Our Latest Report on AMT

American Tower Stock Performance

American Tower stock opened at $174.54 on Thursday. The stock has a market cap of $81.33 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 3.12. The stock has a 50 day moving average of $171.75 and a 200-day moving average of $177.79. American Tower Corporation has a 52 week low of $160.06 and a 52 week high of $214.79.

American Tower (NYSE:AMT – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $1.14. The business had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.70 billion. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.60 earnings per share. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. On average, analysts expect that American Tower Corporation will post 10.78 EPS for the current fiscal year.

Insider Buying and Selling at American Tower

In other news, CFO Robert Joseph Meyer sold 5,000 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $178.89, for a total transaction of $894,450.00. Following the transaction, the chief financial officer owned 21,428 shares of the company’s stock, valued at approximately $3,833,254.92. This trade represents a 18.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ruth T. Dowling sold 1,106 shares of American Tower stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $174.96, for a total value of $193,505.76. Following the completion of the transaction, the executive vice president owned 27,711 shares of the company’s stock, valued at $4,848,316.56. This trade represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,791 shares of company stock valued at $1,204,091. 0.08% of the stock is owned by company insiders.

American Tower Company 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.