Generate Investment Management Ltd Purchases New Shares in American Tower Corporation $AMT

Posted by Brenda Bartman on Oct 14th, 2026

Generate Investment Management Ltd bought a new position in American Tower Corporation (NYSE:AMT – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 36,465 shares of the real estate investment trust’s stock, valued at approximately $5,969,000.

Several other institutional investors also recently bought and sold shares of the stock. Operose Advisors LLC purchased a new stake in shares of American Tower during the 2nd quarter worth approximately $25,000. Allied Private Wealth LLC bought a new stake in American Tower during the second quarter worth approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in American Tower during the second quarter valued at approximately $33,000. Kelleher Financial Advisors purchased a new stake in American Tower during the second quarter valued at approximately $37,000. Finally, Cache Advisors LLC purchased a new stake in American Tower during the first quarter valued at approximately $38,000. 92.69% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other American Tower news, Director Rajesh Kalathur acquired 2,829 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was bought at an average price of $177.00 per share, for a total transaction of $500,733.00. Following the acquisition, the director directly owned 7,765 shares in the company, valued at $1,374,405. The trade was a 57.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert Joseph Meyer sold 5,000 shares of American Tower stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $178.89, for a total value of $894,450.00. Following the sale, 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 6,791 shares of company stock valued at $1,204,091. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on AMT. TD Cowen lifted their target price on American Tower from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Scotiabank reissued an “outperform” rating on shares of American Tower in a research report on Wednesday, July 29th. Sanford C. Bernstein restated an “outperform” rating and set a $214.00 price target on shares of American Tower in a report on Wednesday, July 29th. Barclays raised their price target on American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Finally, Wolfe Research upgraded American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price target for the company in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $215.48.

Check Out Our Latest Stock Analysis on American Tower

American Tower Trading Down 0.6%

NYSE:AMT traded down $0.99 during mid-day trading on Wednesday, hitting $178.44. 967,540 shares of the stock traded hands, compared to its average volume of 3,067,781. The stock has a market capitalization of $83.15 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 2.93 and a beta of 0.88. American Tower Corporation has a 52 week low of $160.06 and a 52 week high of $196.08. The firm’s 50 day moving average is $172.89 and its two-hundred day moving average is $175.13. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 3.12.

American Tower (NYSE:AMT – Get Free Report) last posted its quarterly earnings data 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. American Tower had a net margin of 31.08% and a return on equity of 32.76%. The company had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the prior year, the company posted $2.60 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. American Tower has set its FY 2026 guidance at 11.000-11.170 EPS. On average, equities research analysts predict that American Tower Corporation will post 10.80 earnings per share for the current year.

American Tower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Wednesday, September 30th will be paid a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, September 30th. American Tower’s dividend payout ratio (DPR) is currently 98.49%.

American Tower Profile

(Free Report)

American Tower Corporation (NYSE: AMT) is a global real estate investment trust that owns, operates and develops communications infrastructure. Its portfolio includes wireless and broadcast towers, rooftop sites, distributed antenna systems and other facilities that support wireless communications, television and radio broadcasting, government communications and other connectivity services.

The company leases space on its communications sites to wireless carriers, broadcasters, government agencies and other customers.