Prudential PLC Has $17.90 Million Position in American Tower Corporation $AMT

Posted by Brian Himes on Jun 5th, 2026

Prudential PLC decreased its holdings in shares of American Tower Corporation (NYSE:AMT – Free Report) by 7.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 101,965 shares of the real estate investment trust’s stock after selling 8,260 shares during the period. Prudential PLC’s holdings in American Tower were worth $17,902,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of AMT. Richards Merrill & Peterson Inc. acquired a new position in American Tower during the fourth quarter worth $25,000. Oakworth Capital Inc. raised its holdings in American Tower by 90.7% during the fourth quarter. Oakworth Capital Inc. now owns 143 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 68 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in American Tower during the fourth quarter worth $27,000. Triumph Capital Management acquired a new position in American Tower during the third quarter worth $29,000. Finally, Lloyd Advisory Services LLC. acquired a new position in American Tower during the fourth quarter worth $30,000. Institutional investors and hedge funds own 92.69% of the company’s stock.

Wall Street Analysts Forecast Growth

AMT has been the topic of several research reports. Citizens Jmp restated a “market outperform” rating and set a $260.00 price objective on shares of American Tower in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of American Tower from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Jefferies Financial Group upped their price objective on shares of American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. TD Cowen lowered their price objective on shares of American Tower from $235.00 to $225.00 in a report on Wednesday, February 25th. Finally, Scotiabank upped their price objective on shares of American Tower from $214.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $216.20.

Read Our Latest Stock Report on AMT

American Tower Stock Performance

NYSE AMT opened at $194.34 on Friday. American Tower Corporation has a 1 year low of $165.08 and a 1 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 firm has a market cap of $90.54 billion, a price-to-earnings ratio of 31.40, a PEG ratio of 0.76 and a beta of 0.90. The company has a fifty day moving average price of $178.55 and a 200-day moving average price of $179.48.

American Tower (NYSE:AMT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $1.24. American Tower had a net margin of 26.81% and a return on equity of 27.79%. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the prior year, the business posted $2.75 EPS. The business’s revenue 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. As a group, equities research analysts predict that American Tower Corporation will post 10.67 EPS for the current fiscal year.

American Tower Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Friday, June 12th will be paid a $1.79 dividend. The ex-dividend date is Friday, June 12th. This represents a $7.16 annualized dividend and a dividend yield of 3.7%. American Tower’s dividend payout ratio is presently 115.67%.

Insider Activity

In related news, Director Rajesh Kalathur purchased 2,671 shares of American Tower stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of $185.30 per share, for a total transaction of $494,936.30. Following the completion of the transaction, the director owned 4,936 shares in the company, valued at $914,640.80. This represents a 117.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $178.48, for a total transaction of $99,234.88. Following the transaction, the executive vice president owned 29,877 shares of the company’s stock, valued at approximately $5,332,446.96. The trade was a 1.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by corporate insiders.

American Tower 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.