Harber Asset Management LLC Raises Holdings in American Tower Corporation $AMT

14 Jun 2026, 08:13 by Renee Jackson · The Cerbat Gem

Harber Asset Management LLC increased its position in shares of American Tower Corporation (NYSE:AMT – Free Report) by 17.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,833 shares of the real estate investment trust’s stock after purchasing an additional 6,697 shares during the quarter. American Tower makes up approximately 3.4% of Harber Asset Management LLC’s investment portfolio, making the stock its 16th largest position. Harber Asset Management LLC’s holdings in American Tower were worth $8,047,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AMT. Richards Merrill & Peterson Inc. purchased a new stake in shares of American Tower during the fourth quarter worth approximately $25,000. Oakworth Capital Inc. increased its position in shares of 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 purchasing an additional 68 shares in the last quarter. Swiss RE Ltd. purchased a new stake in shares of American Tower during the fourth quarter worth approximately $25,000. Holos Integrated Wealth LLC purchased a new stake in shares of American Tower during the fourth quarter worth approximately $27,000. Finally, Triumph Capital Management purchased a new stake in shares of American Tower during the third quarter worth approximately $29,000. 92.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on AMT shares. Truist Financial boosted their price target on American Tower from $205.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Jefferies Financial Group boosted their price target on American Tower from $209.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Royal Bank Of Canada reissued a “sector perform” rating and set a $195.00 price objective on shares of American Tower in a research note on Thursday, April 30th. UBS Group lowered their price objective on American Tower from $254.00 to $248.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Finally, Scotiabank boosted their price objective on American Tower from $214.00 to $218.00 and gave the stock an “outperform” rating in a research note 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 given a Hold rating to the company. Based on data from MarketBeat, American Tower currently has an average rating of “Moderate Buy” and a consensus target price of $216.20.

Check Out Our Latest Report on American Tower

American Tower Stock Performance

NYSE AMT opened at $187.20 on Friday. The stock’s fifty day moving average is $181.01 and its two-hundred day moving average is $179.92. The firm has a market capitalization of $87.22 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 0.78 and a beta of 0.90. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.43 and a current ratio of 0.43. American Tower Corporation has a fifty-two week low of $165.08 and a fifty-two week high of $234.33.

American Tower (NYSE:AMT – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $1.24. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.66 billion. American Tower had a return on equity of 27.79% and a net margin of 26.81%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.75 earnings per share. American Tower has set its FY 2026 guidance at 10.900-11.07 EPS. On average, research analysts anticipate that American Tower Corporation will post 10.67 earnings per share for the current year.

American Tower Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 13th. Stockholders of record on Friday, June 12th will be issued a dividend of $1.79 per share. The ex-dividend date is Friday, June 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.8%. American Tower’s dividend payout ratio is currently 115.67%.

Insider Buying and Selling at American Tower

In other news, EVP Ruth T. Dowling sold 556 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $178.48, for a total transaction of $99,234.88. Following the completion of the transaction, the executive vice president directly owned 29,877 shares in the company, valued at approximately $5,332,446.96. This represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.08% of the company’s stock.

About American Tower

(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.