Tabor Asset Management LP Acquires 828 Shares of American Tower Corporation $AMT

08 Nov 2025, 08:00 by Teresa Graham · The Cerbat Gem

Tabor Asset Management LP increased its holdings in shares of American Tower Corporation (NYSE:AMT – Free Report) by 5.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,781 shares of the real estate investment trust’s stock after buying an additional 828 shares during the period. American Tower comprises approximately 2.4% of Tabor Asset Management LP’s portfolio, making the stock its 19th largest position. Tabor Asset Management LP’s holdings in American Tower were worth $3,488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Penserra Capital Management LLC grew its stake in shares of American Tower by 1,686.6% in the second quarter. Penserra Capital Management LLC now owns 40,931 shares of the real estate investment trust’s stock worth $9,045,000 after purchasing an additional 38,640 shares during the last quarter. Wedbush Securities Inc. lifted its holdings in American Tower by 3.5% during the 2nd quarter. Wedbush Securities Inc. now owns 2,338 shares of the real estate investment trust’s stock worth $517,000 after buying an additional 80 shares during the period. Harvest Portfolios Group Inc. grew its position in shares of American Tower by 17.4% in the 2nd quarter. Harvest Portfolios Group Inc. now owns 12,258 shares of the real estate investment trust’s stock valued at $2,709,000 after buying an additional 1,820 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its stake in shares of American Tower by 16.1% in the second quarter. Vestmark Advisory Solutions Inc. now owns 13,397 shares of the real estate investment trust’s stock valued at $2,961,000 after buying an additional 1,853 shares during the period. Finally, Sterling Capital Management LLC raised its position in shares of American Tower by 8.3% during the second quarter. Sterling Capital Management LLC now owns 60,991 shares of the real estate investment trust’s stock worth $13,480,000 after acquiring an additional 4,690 shares during the last quarter. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Tower

In other news, Director Eugene F. Reilly acquired 5,554 shares of American Tower stock in a transaction on Friday, October 31st. The stock was purchased at an average price of $178.99 per share, with a total value of $994,110.46. Following the completion of the purchase, the director 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.17% of the company’s stock.

American Tower Stock Down 0.1%

American Tower stock opened at $177.86 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.89 and a debt-to-equity ratio of 3.24. The company has a market capitalization of $83.28 billion, a PE ratio of 28.41, a PEG ratio of 1.08 and a beta of 0.85. The firm’s fifty day moving average is $189.98 and its 200 day moving average is $206.61. 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 results on Tuesday, October 28th. The real estate investment trust reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.14. The firm had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.65 billion. American Tower had a net margin of 28.11% and a return on equity of 28.79%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.52 earnings per share. American Tower has set its FY 2025 guidance at 10.600-10.720 EPS. As a group, sell-side analysts predict that American Tower Corporation will post 10.14 EPS for the current fiscal year.

American Tower Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 20th. Investors of record on Tuesday, September 30th were paid a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, September 30th. American Tower’s dividend payout ratio is 108.63%.

Analysts Set New Price Targets

Several brokerages recently commented on AMT. TD Cowen reduced their target price on American Tower from $249.00 to $235.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Citigroup reaffirmed a “market outperform” rating on shares of American Tower in a research note on Wednesday, October 29th. BMO Capital Markets lowered their target price on shares of American Tower from $220.00 to $215.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. The Goldman Sachs Group dropped their target price on shares of American Tower from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, Wells Fargo & Company decreased their price target on American Tower from $210.00 to $200.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $231.11.

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