Nisa Investment Advisors LLC Sells 5,009 Shares of American Tower Corporation $AMT

Posted by Geri Gentry on Oct 22nd, 2026

Nisa Investment Advisors LLC decreased its position in shares of American Tower Corporation (NYSE:AMT – Free Report) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,415 shares of the real estate investment trust’s stock after selling 5,009 shares during the period. Nisa Investment Advisors LLC’s holdings in American Tower were worth $15,782,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in American Tower during the 2nd quarter valued at $7,490,943,000. Deutsche Bank AG bought a new stake in shares of American Tower in the 2nd quarter worth $1,096,186,000. Bank of America Corp DE bought a new stake in shares of American Tower in the 2nd quarter worth $638,829,000. Bank of New York Mellon Corp acquired a new stake in shares of American Tower in the second quarter valued at $500,016,000. Finally, Ontario Teachers Pension Plan Board acquired a new stake in shares of American Tower in the second quarter valued at $291,867,000. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. TD Cowen raised 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. Barclays boosted their price target on shares of American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 30th. Wolfe Research upgraded shares of American Tower from a “peer perform” rating to an “outperform” rating and set a $188.00 price target on the stock in a research report on Wednesday, July 8th. Weiss Ratings downgraded shares of American Tower from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Finally, The Goldman Sachs Group set a $210.00 price objective on shares of American Tower in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, American Tower presently has an average rating of “Moderate Buy” and an average price target of $214.90.

Get Our Latest Stock Analysis on American Tower

Insider Buying and Selling

In related news, Director Rajesh Kalathur bought 2,829 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were bought at an average cost of $177.00 per share, with a total value of $500,733.00. Following the completion of the transaction, the director directly owned 7,765 shares of the company’s stock, valued at approximately $1,374,405. This trade represents a 57.31% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ruth Dowling sold 1,106 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 27,711 shares in the company, valued at $4,848,316.56. This trade represents a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,791 shares of company stock worth $1,204,091 in the last three months. 0.08% of the stock is currently owned by insiders.

American Tower Trading Down 3.3%

American Tower stock opened at $177.45 on Thursday. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a market cap of $82.69 billion, a price-to-earnings ratio of 24.41, a price-to-earnings-growth ratio of 2.95 and a beta of 0.88. American Tower Corporation has a 1 year low of $160.06 and a 1 year high of $196.08. The firm’s 50 day moving average price is $174.27 and its two-hundred day moving average price is $175.58.

American Tower (NYSE:AMT – Get Free Report) last posted its quarterly earnings results 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. American Tower had a return on equity of 32.76% and a net margin of 31.08%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the company earned $2.60 earnings per share. The firm’s revenue 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, research analysts predict that American Tower Corporation will post 10.80 EPS for the current fiscal year.

American Tower Announces Dividend

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

About American Tower

(Free Report)

American Tower Corporation (NYSE:AMT) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its portfolio primarily includes communications towers, rooftop sites, distributed antenna systems and other infrastructure used by wireless carriers, broadcasters, governments and businesses to support voice, data and video communications.

The company leases space on its sites to multiple customers, allowing them to install antennas and related equipment without building and maintaining individual tower locations.