Atria Investments Inc Cuts Stock Holdings in American Tower Corporation $AMT

Posted by Geri Gentry on May 17th, 2026

Atria Investments Inc decreased its stake in shares of American Tower Corporation (NYSE:AMT – Free Report) by 22.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 24,833 shares of the real estate investment trust’s stock after selling 7,162 shares during the period. Atria Investments Inc’s holdings in American Tower were worth $4,360,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Oakworth Capital Inc. boosted its position in American Tower by 90.7% in the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 68 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in American Tower in the fourth quarter worth $25,000. Triumph Capital Management purchased a new position in American Tower in the third quarter worth $29,000. Holos Integrated Wealth LLC purchased a new position in American Tower in the fourth quarter worth $27,000. Finally, Root Financial Partners LLC purchased a new position in American Tower in the third quarter worth $32,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

American Tower Stock Up 0.1%

Shares of NYSE AMT opened at $170.74 on Friday. American Tower Corporation has a one year low of $165.08 and a one year high of $234.33. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.43 and a quick ratio of 0.43. The business’s fifty day moving average price is $177.80 and its 200-day moving average price is $179.11. The stock has a market capitalization of $79.54 billion, a PE ratio of 27.58, a P/E/G ratio of 0.71 and a beta of 0.90.

American Tower (NYSE:AMT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.66 billion. During the same quarter in the prior year, the firm earned $2.75 EPS. The business’s revenue for the quarter 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 research analysts anticipate that American Tower Corporation will post 10.67 EPS for the current year.

American Tower Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 14th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Tuesday, April 14th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from American Tower’s previous quarterly dividend of $1.70. American Tower’s payout ratio is currently 115.67%.

Insider Activity

In other news, COO Eugene M. Noel sold 41,209 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $191.05, for a total transaction of $7,872,979.45. Following the transaction, the chief operating officer owned 29,592 shares of the company’s stock, valued at $5,653,551.60. This represents a 58.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rajesh Kalathur purchased 2,671 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average cost of $185.30 per share, for a total transaction of $494,936.30. Following the transaction, the director directly owned 4,936 shares in the company, valued at approximately $914,640.80. The trade was a 117.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 42,181 shares of company stock valued at $8,046,071 in the last 90 days. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AMT shares. Sanford C. Bernstein boosted their price objective on American Tower from $205.00 to $207.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 28th. TD Cowen cut their price objective on American Tower from $235.00 to $225.00 in a research report on Wednesday, February 25th. UBS Group cut their price objective on American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Raymond James Financial reissued a “strong-buy” rating and issued a $240.00 price objective on shares of American Tower in a research report on Wednesday, April 29th. Finally, Jefferies Financial Group boosted their price objective on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $218.05.

Get Our Latest Stock Report on AMT

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.