American Tower (AMT)

10 Presidential Way Associates, LLC • 52 Eighty Partners, LLC • 52 Eighty Tower Partners I, LLC • ACC Tower Sub, LLC • ActiveX Telebroadband Services Private Limited • Adquisiciones y Proyectos Inalámbricos, S. de R. L. de C.V. • Alternative Networking LLC • American Tower Asset Sub II, LLC • American Tower Asset Sub, LLC • American Tower Charitable Foundation, Inc. ...

IRS number

650723837

AMT stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$241.50

Low target

$234.00

High target

$251.00

Latest filings (excl ownership)

View all

8-K

American Tower Corporation Declares Quarterly Distribution

5 Dec 24

8-K

Entry into a Material Definitive Agreement

21 Nov 24

424B2

Prospectus for primary offering

19 Nov 24

8-K

American Tower Corporation Prices Senior Notes Offering

19 Nov 24

FWP

Free writing prospectus

18 Nov 24

424B5

Prospectus supplement for primary offering

18 Nov 24

8-K

Departure of Directors or Certain Officers

29 Oct 24

American Tower Corporation Reports Third Quarter 2024 Financial Results

29 Oct 24

8-K

American Tower Corporation Declares Quarterly Distribution

12 Sep 24

Transcripts

View all

AMT

Earnings call transcript

2024 Q3

29 Oct 24

AMT

Earnings call transcript

2024 Q2

30 Jul 24

AMT

Earnings call transcript

2024 Q1

30 Apr 24

AMT

Earnings call transcript

2023 Q4

27 Feb 24

AMT

Earnings call transcript

2023 Q3

26 Oct 23

AMT

Earnings call transcript

2023 Q2

27 Jul 23

AMT

Earnings call transcript

2023 Q2

27 Jul 23

AMT

Earnings call transcript

2023 Q1

26 Apr 23

AMT

Earnings call transcript

2022 Q4

23 Feb 23

AMT

Earnings call transcript

2022 Q3

27 Oct 22

Latest ownership filings

View all

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

26 Aug 24

Sanjay Goel

6 Jun 24

Financial summary

Financial statements Chart AMT financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.28 bn	2.28 bn	2.28 bn	2.28 bn	2.28 bn	2.28 bn
Cash burn (monthly)	112.13 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	312.93 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.97 bn	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	17.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

AMT institutional ownership history Ownership history

90.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1785	1716	+4.0%
Opened positions	200	148	+35.1%
Closed positions	131	150	-12.7%
Increased positions	651	678	-4.0%
Reduced positions	691	686	+0.7%

13F shares	Current	Prev Q	Change
Total value	89.43 tn	76.40 tn	+17.1%
Total shares	421.18 mm	429.74 mm	-2.0%
Total puts	2.34 mm	1.63 mm	+43.7%
Total calls	2.75 mm	1.98 mm	+39.1%
Total put/call ratio	0.9	0.8	+3.3%

Largest owners	Shares	Value	Change
Vanguard	62.49 mm	$14.53 tn	-0.1%
BLK BlackRock	38.93 mm	$9.05 tn	NEW
STT State Street	21.17 mm	$4.92 tn	+3.1%
CNS Cohen & Steers	15.74 mm	$3.66 bn	-11.3%
Wellington Management	11.38 mm	$2.65 tn	-3.8%
Geode Capital Management	11.21 mm	$2.60 tn	+1.9%
FMR	10.64 mm	$2.47 tn	+25.4%
MS Morgan Stanley	8.62 mm	$2.01 tn	-7.0%
Deutsche Bank AG - Registered Shares	7.38 mm	$1.72 tn	-4.0%
Dimensional Fund Advisors	6.50 mm	$1.51 tn	-0.3%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	38.93 mm	+38.93 mm	NEW
BLK BlackRock	0.00	-38.11 mm	EXIT
Norges Bank	0.00	-5.85 mm	EXIT
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	3.61 mm	+3.17 mm	+718.6%
PFG Principal Financial	6.14 mm	-2.63 mm	-30.0%
FMR	10.64 mm	+2.15 mm	+25.4%
CNS Cohen & Steers	15.74 mm	-2.00 mm	-11.3%
AMP Ameriprise Financial	5.20 mm	-1.20 mm	-18.8%
Adelante Capital Management	1.20 mm	+1.16 mm	+2723.4%
T. Rowe Price	6.49 mm	+973.18 k	+17.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Oct 24	Ruth T Dowling	Common Stock	Payment of exercise	Dispose F	No	No	232.07	59	13.69 k	17,553
13 Sep 24	Sanjay Goel	Common Stock	Sell	Dispose S	No	No	238	5,000	1.19 mm	18,621
10 Sep 24	Eugene M Noel	Common Stock	Sell	Dispose S	No	Yes	240	33,135	7.95 mm	26,740
10 Sep 24	Eugene M Noel	Common Stock	Option exercise	Acquire M	No	No	94.57	33,135	3.13 mm	59,875
10 Sep 24	Eugene M Noel	Option to Purchase Common Stock Common Stock	Option exercise	Dispose M	No	No	94.57	33,135	3.13 mm	0
3 Sep 24	Puech Olivier	Common Stock	Sell	Dispose S	No	Yes	230	18,989	4.37 mm	22,769
26 Aug 24	Puech Olivier	Common Stock	Sell	Dispose S	No	Yes	227.23	1,578	358.57 k	41,758
26 Aug 24	Puech Olivier	Common Stock	Sell	Dispose S	No	Yes	226.67	4,139	938.19 k	43,336
26 Aug 24	Puech Olivier	Common Stock	Sell	Dispose S	No	Yes	225.71	4,271	964.01 k	47,475