WINTON GROUP Ltd raised its position in shares of American Tower Corporation (NYSE:AMT – Free Report) by 1,087.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 34,434 shares of the real estate investment trust’s stock after buying an additional 31,534 shares during the period. WINTON GROUP Ltd’s holdings in American Tower were worth $5,632,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Riverwater Partners LLC lifted its position in shares of American Tower by 3.8% in the 4th quarter. Riverwater Partners LLC now owns 1,536 shares of the real estate investment trust’s stock valued at $270,000 after acquiring an additional 56 shares in the last quarter. Triumph Capital Management grew its position in American Tower by 37.3% during the 4th quarter. Triumph Capital Management now owns 206 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 56 shares in the last quarter. Twin City Private Wealth LLC raised its stake in American Tower by 0.7% during the 4th quarter. Twin City Private Wealth LLC now owns 7,799 shares of the real estate investment trust’s stock valued at $1,382,000 after purchasing an additional 58 shares during the period. Asset Advisory Group Inc. raised its stake in American Tower by 3.0% during the 1st quarter. Asset Advisory Group Inc. now owns 2,072 shares of the real estate investment trust’s stock valued at $358,000 after purchasing an additional 60 shares during the period. Finally, Argent Advisors Inc. lifted its holdings in shares of American Tower by 0.9% in the fourth quarter. Argent Advisors Inc. now owns 6,625 shares of the real estate investment trust’s stock valued at $1,163,000 after purchasing an additional 61 shares in the last quarter. 92.69% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about American Tower
Here are the key news stories impacting American Tower this week:
- Positive Sentiment: American Tower successfully priced a $1.6 billion senior unsecured notes offering, consisting of $500 million due 2031, $500 million due 2033 and $600 million due 2036. The financing provides long-term capital and liquidity for general corporate purposes, including potential debt refinancing. American Tower Corporation Prices Senior Notes Offering
- Neutral Sentiment: Management participated in Citi’s 2026 Global TMT Conference and Goldman Sachs’ Communacopia + Technology Conference. The available reports are transcripts, and no specific new guidance or material business update was identified in the supplied information. Citi Conference Transcript Goldman Sachs Conference Transcript
- Negative Sentiment: AMT declined more than the broader market, suggesting pressure from general market conditions and the stock’s interest-rate sensitivity rather than a clearly reported deterioration in tower operations. The company’s sizable debt load makes borrowing costs and bond-market conditions important considerations for investors. American Tower Dips More Than Broader Market
- Negative Sentiment: The new notes carry fixed annual interest rates of 5.300% for the 2031 securities and 5.560% for the 2033 securities, with the 2036 tranche also adding to future interest obligations. While the offering supports liquidity, the incremental financing reinforces concerns about AMT’s leverage and interest expense. American Tower Prices Senior Notes Offering
American Tower Trading Down 1.5%
American Tower (NYSE:AMT – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $1.14. The business had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.70 billion. American Tower had a net margin of 31.08% and a return on equity of 32.76%. American Tower’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.60 EPS. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. On average, research analysts predict that American Tower Corporation will post 10.8 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Ruth T. Dowling sold 1,106 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $174.96, for a total value of $193,505.76. Following the transaction, the executive vice president directly owned 27,711 shares of the company’s stock, valued at approximately $4,848,316.56. This trade represents a 3.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rajesh Kalathur bought 2,829 shares of American Tower stock in a transaction that occurred on Friday, August 21st. The stock was bought at an average price of $177.00 per share, with a total value of $500,733.00. Following the completion of the acquisition, the director owned 7,765 shares in the company, valued at approximately $1,374,405. The trade was a 57.31% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 6,791 shares of company stock valued at $1,204,091 over the last quarter. Insiders own 0.08% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently weighed in on AMT shares. Scotiabank reiterated an “outperform” rating on shares of American Tower in a report on Wednesday, July 29th. Truist Financial restated a “buy” rating and set a $207.00 price objective (down from $208.00) on shares of American Tower in a research report on Wednesday, August 12th. TD Cowen lifted their target price on American Tower from $225.00 to $227.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reduced their price target on shares of American Tower from $210.00 to $201.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of American Tower from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, American Tower currently has a consensus rating of “Moderate Buy” and a consensus target price of $215.29.
View Our Latest Analysis on AMT
American Tower Profile
American Tower Corporation (NYSE:AMT) is a global owner, operator and developer of wireless communications infrastructure. The company leases space on communications sites, including towers, rooftops and other structures, to wireless carriers, broadcasters, government agencies and other customers. Its infrastructure supports wireless networks and the transmission of voice, data and video services.
In addition to traditional macro towers, American Tower provides distributed antenna systems and other in-building or venue-based communications solutions designed to improve wireless coverage and capacity.
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