American Tower Corporation $AMT Shares Bought by Heard Capital LLC

13 Dec 2025, 07:46 by Renee Jackson · The Cerbat Gem

Heard Capital LLC raised its position in American Tower Corporation (NYSE:AMT – Free Report) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 825,210 shares of the real estate investment trust’s stock after purchasing an additional 23,998 shares during the period. American Tower accounts for 9.5% of Heard Capital LLC’s investment portfolio, making the stock its 3rd largest holding. Heard Capital LLC’s holdings in American Tower were worth $182,388,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In related news, Director Eugene F. Reilly purchased 5,554 shares of the firm’s stock in a transaction that occurred 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 completion of the acquisition, the director directly owned 5,689 shares in the company, valued at $1,018,274.11. This trade represents a 4,114.07% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of American Tower stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.17% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AMT. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $231.00 price target (down from $250.00) on shares of American Tower in a report on Wednesday, October 29th. Royal Bank Of Canada set a $220.00 price objective on shares of American Tower and gave the stock a “sector perform” rating in a research report on Wednesday, October 1st. Morgan Stanley dropped their target price on shares of American Tower from $255.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, December 4th. Jefferies Financial Group cut their price target on shares of American Tower from $281.00 to $226.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. 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 given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $228.00.

Read Our Latest Report on American Tower

American Tower Stock Down 0.4%

AMT stock opened at $180.95 on Friday. The company has a market cap of $84.71 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 0.73 and a beta of 0.91. The company has a fifty day moving average price of $182.83 and a 200 day moving average price of $200.51. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.89 and a quick ratio of 0.89. American Tower Corporation has a 12 month low of $172.51 and a 12 month high of $234.33.

American Tower (NYSE:AMT – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The real estate investment trust reported $2.78 EPS for the quarter, beating 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 company had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period in the previous year, the business posted $2.52 earnings per share. American Tower’s quarterly revenue was up 7.7% on a year-over-year basis. American Tower has set its FY 2025 guidance at 10.600-10.720 EPS. Sell-side analysts expect that American Tower Corporation will post 10.14 earnings per share for the current year.

American Tower Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, December 29th will be paid a dividend of $1.70 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $6.80 annualized dividend and a yield of 3.8%. American Tower’s dividend payout ratio is currently 108.63%.

American Tower Company Profile

(Free Report)