American Tower Corporation $AMT Shares Bought by RWC Asset Management LLP

Posted by Brian Himes on Oct 24th, 2026

RWC Asset Management LLP lifted its holdings in shares of American Tower Corporation (NYSE:AMT – Free Report) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,025 shares of the real estate investment trust’s stock after purchasing an additional 4,219 shares during the quarter. American Tower accounts for approximately 1.2% of RWC Asset Management LLP’s portfolio, making the stock its 19th largest position. RWC Asset Management LLP’s holdings in American Tower were worth $33,069,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AMT. West Financial Advisors LLC bought a new position in shares of American Tower in the 3rd quarter worth $220,000. Outfitters Financial LLC lifted its holdings in shares of American Tower by 3.1% during the 3rd quarter. Outfitters Financial LLC now owns 6,940 shares of the real estate investment trust’s stock worth $1,136,000 after acquiring an additional 210 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in shares of American Tower by 9.1% during the 3rd quarter. Wedbush Securities Inc. now owns 12,651 shares of the real estate investment trust’s stock worth $2,071,000 after acquiring an additional 1,055 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of American Tower by 1.8% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 8,205 shares of the real estate investment trust’s stock worth $1,343,000 after acquiring an additional 143 shares during the last quarter. Finally, Inspire Investing LLC grew its position in American Tower by 248,000.0% in the third quarter. Inspire Investing LLC now owns 9,924 shares of the real estate investment trust’s stock worth $1,624,000 after acquiring an additional 9,920 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors.

American Tower News Roundup

Here are the key news stories impacting American Tower this week:

Positive Sentiment: Reports that SpaceX may pursue approximately 80,000 cell sites to support a nationwide wireless service boosted the outlook for tower operators. American Tower could benefit from new tenants, higher site utilization and incremental recurring rental revenue. SpaceX Talks Send Cell Tower Stocks Surging
Positive Sentiment: Investors are also citing strong data-center leasing momentum at American Tower’s CoreSite business, adding a second growth catalyst alongside 5G deployments and traditional tower leasing. American Tower climbs as data-center leasing hits fresh records
Positive Sentiment: Before its upcoming third-quarter report, analysts expect revenue and adjusted funds from operations to benefit from 5G activity, leasing demand and data-center growth. The company’s prior quarter exceeded earnings expectations and revenue increased year over year.
Neutral Sentiment: Director Teresa Hillary Clarke disclosed several small purchases of American Tower shares, including a recent purchase at approximately $183 per share. The buying provides a modest confidence signal, but the transactions are small relative to the company’s market value and several disclosed trades are older.
Negative Sentiment: Valuation concerns remain: an analyst recently reduced the price target, while commentary suggested American Tower’s former valuation discount has largely disappeared. This could limit further gains if quarterly results or guidance fail to exceed expectations. American Tower price target cut by Sanford C. Bernstein

American Tower Price Performance

Shares of AMT stock traded up $7.68 during trading hours on Friday, hitting $189.25. 8,851,762 shares of the company’s stock were exchanged, compared to its average volume of 3,208,784. The company has a market capitalization of $88.18 billion, a PE ratio of 26.03, a PEG ratio of 2.92 and a beta of 0.88. American Tower Corporation has a 12-month low of $160.06 and a 12-month high of $202.50. The business’s 50 day simple moving average is $174.69 and its 200-day simple moving average is $175.73. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 3.12.

American Tower (NYSE:AMT – Get Free Report) last announced 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 firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the business posted $2.60 EPS. The business’s quarterly 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, equities research analysts anticipate that American Tower Corporation will post 10.80 earnings per share for the current year.

American Tower Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Wednesday, September 30th were given a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Wednesday, September 30th. American Tower’s dividend payout ratio (DPR) is presently 98.49%.

Insiders Place Their Bets

In other American Tower news, CFO Robert Joseph Meyer sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $178.89, for a total value of $894,450.00. Following the completion of the sale, the chief financial officer directly owned 21,428 shares of the company’s stock, valued at $3,833,254.92. The trade was a 18.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Ruth Dowling sold 1,106 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $174.96, for a total transaction of $193,505.76. Following the sale, the executive vice president owned 27,711 shares of the company’s stock, valued at approximately $4,848,316.56. The trade was a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,791 shares of company stock valued at $1,204,091 over the last three months. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMT. Jefferies Financial Group reduced their target price on American Tower from $210.00 to $201.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Sanford C. Bernstein dropped their price target on American Tower from $214.00 to $212.00 and set an “outperform” rating for the company in a research note on Tuesday. Barclays lifted their price target on American Tower from $198.00 to $199.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 30th. BMO Capital Markets upped their price objective on American Tower from $190.00 to $195.00 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. Finally, Weiss Ratings upgraded American Tower from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, American Tower has a consensus rating of “Moderate Buy” and an average price target of $214.90.

Get Our Latest Analysis on AMT

American Tower Profile

(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.