Invesco Ltd. Buys 708,808 Shares of American Tower Corporation $AMT

03 Dec 2025, 05:04 by Amy Steele · The Cerbat Gem

Invesco Ltd. lifted its stake in shares of American Tower Corporation (NYSE:AMT – Free Report) by 11.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,680,524 shares of the real estate investment trust’s stock after purchasing an additional 708,808 shares during the period. Invesco Ltd.’s holdings in American Tower were worth $1,476,529,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in American Tower during the second quarter worth $31,000. VSM Wealth Advisory LLC raised its holdings in shares of American Tower by 136.4% in the 2nd quarter. VSM Wealth Advisory LLC now owns 156 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 90 shares during the period. Rosenberg Matthew Hamilton lifted its stake in American Tower by 86.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 173 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 80 shares during the last quarter. Saudi Central Bank acquired a new stake in American Tower in the 1st quarter valued at about $40,000. Finally, Winnow Wealth LLC bought a new position in American Tower during the second quarter worth about $44,000. 92.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Jefferies Financial Group cut their price objective on American Tower from $281.00 to $226.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Morgan Stanley dropped their price target on American Tower from $270.00 to $235.00 and set an “overweight” rating on the stock in a research note on Thursday, October 16th. TD Cowen reduced their price objective on shares of American Tower from $249.00 to $235.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. HSBC decreased their price objective on shares of American Tower from $235.00 to $205.00 in a report on Wednesday, October 29th. Finally, Citigroup restated a “market outperform” rating on shares of American Tower in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, American Tower has a consensus rating of “Moderate Buy” and a consensus target price of $228.28.

View Our Latest Research Report on AMT

Insider Activity

In related news, Director Eugene F. Reilly acquired 5,554 shares of the company’s stock in a transaction on Friday, October 31st. The stock was purchased at an average cost of $178.99 per share, with a total value of $994,110.46. Following the acquisition, the director directly owned 5,689 shares of the company’s stock, valued at approximately $1,018,274.11. The trade was a 4,114.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.18% of the company’s stock.

American Tower Stock Down 0.2%

AMT opened at $175.86 on Wednesday. The stock has a fifty day moving average of $184.88 and a 200-day moving average of $202.21. The company has a market capitalization of $82.33 billion, a P/E ratio of 28.09, a P/E/G ratio of 0.70 and a beta of 0.91. American Tower Corporation has a fifty-two week low of $172.51 and a fifty-two week high of $234.33. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.89 and a current ratio of 0.89.

American Tower (NYSE:AMT – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The real estate investment trust reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.14. American Tower had a net margin of 28.11% and a return on equity of 28.79%. The business had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the firm earned $2.52 earnings per share. American Tower’s revenue for the quarter was up 7.7% compared to the same quarter last year. American Tower has set its FY 2025 guidance at 10.600-10.720 EPS. On average, equities analysts expect that American Tower Corporation will post 10.14 EPS for the current year.

American Tower Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 20th. Investors of record on Tuesday, September 30th were paid a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Tuesday, September 30th. American Tower’s payout ratio is 108.63%.

About American Tower

(Free Report)