American Tower (NYSE:AMT) EVP Ruth Dowling Sells 952 Shares of Company Stock

Posted by Geri Gentry on Oct 31st, 2026

American Tower Corporation (NYSE:AMT – Get Free Report) EVP Ruth Dowling sold 952 shares of American Tower stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $185.81, for a total value of $176,891.12. Following the completion of the transaction, the executive vice president owned 26,133 shares in the company, valued at $4,855,772.73. This trade represents a 3.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

American Tower Stock Performance

Shares of American Tower stock opened at $187.83 on Friday. The company has a market capitalization of $87.52 billion, a PE ratio of 26.49, a P/E/G ratio of 3.36 and a beta of 0.88. The company has a 50-day simple moving average of $175.85 and a two-hundred day simple moving average of $177.35. American Tower Corporation has a one year low of $160.06 and a one year high of $202.50. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.52 and a current ratio of 0.51.

American Tower (NYSE:AMT – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $1.64 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.64. American Tower had a net margin of 30.10% and a return on equity of 32.71%. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the business earned $2.78 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. Research analysts expect that American Tower Corporation will post 10.80 EPS for the current fiscal 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 dividend of $1.79 per share. This represents a $7.16 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, September 30th. American Tower’s dividend payout ratio is currently 100.99%.

American Tower announced that its board has approved a share repurchase plan on Tuesday, October 27th that allows the company to repurchase $2 billion in shares. This repurchase authorization allows the real estate investment trust to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMT. Sanford C. Bernstein cut their price objective on shares of American Tower from $214.00 to $212.00 and set an “outperform” rating on the stock in a report on Tuesday, October 20th. JPMorgan Chase & Co. lowered their target price on shares of American Tower from $240.00 to $230.00 and set an “overweight” rating for the company in a research note on Wednesday. Citigroup lowered their target price on shares of American Tower from $225.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and set a $205.00 target price on shares of American Tower in a research report on Wednesday. Finally, Barclays upped their price target on shares of American Tower from $198.00 to $199.00 and gave the company an “overweight” rating in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.44.

Read Our Latest Analysis on American Tower

Institutional Trading of American Tower

Several large investors have recently added to or reduced their stakes in AMT. Operose Advisors LLC acquired a new stake in American Tower in the second quarter valued at $25,000. Allied Private Wealth LLC acquired a new position in shares of American Tower during the 2nd quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of American Tower during the 2nd quarter worth $33,000. SBI Securities Co. Ltd. purchased a new stake in shares of American Tower in the 3rd quarter worth about $35,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of American Tower in the 2nd quarter worth about $37,000. Hedge funds and other institutional investors own 92.69% of the company’s stock.

American Tower News Summary

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

Positive Sentiment: Truist raises target and reiterates Buy: Truist Financial increased its price target for AMT from $207 to $210 and assigned a “Buy” rating. The new target implies approximately 12% upside from the reference price, providing a positive near-term catalyst.
Positive Sentiment: Share repurchase plan approved: American Tower’s board approved a stock repurchase plan, potentially supporting the share price and signaling management’s confidence in the company’s valuation and cash-generation ability. Stock Repurchase Plan Approved by American Tower Board
Positive Sentiment: CoreSite outlook remains favorable: Coverage highlighted CoreSite’s repeated guidance increases, suggesting continued strength in American Tower’s data-center and digital-infrastructure operations. Why Is CoreSite Lifting American Tower Guidance Again?
Neutral Sentiment: Recent earnings were broadly in line: Third-quarter EPS matched consensus, while revenue exceeded estimates and increased year over year. The results provide fundamental support, although earnings growth remains a key consideration for investors. American Tower Q3 2026 Earnings
Neutral Sentiment: Analyst views are mixed: Recent coverage describes differing opinions on AMT and other real-estate stocks, while performance comparisons examine whether American Tower is outperforming its finance-sector peers. Analysts Offer Insights on Real Estate Companies
Negative Sentiment: JPMorgan and Citigroup lowered expectations: Both firms recently reduced their price targets for AMT, tempering the bullish impact of Truist’s upgrade. Citigroup nevertheless retained a “Buy” rating while cutting its target from $225 to $220. Citigroup Cuts American Tower Price Target JPMorgan Lowers Expectations for American Tower

American Tower Company Profile

(Get 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.