The State of Alaska Department of Revenue has sold 1,851 shares of American Tower Corporation. Meanwhile, during the Goldman Sachs Communicopia + Technology Conference, American Tower presented its sustainable growth strategy, suggesting it to be a strong purchase for 2025 due to its dependable dividend strength and compelling valuation. The corporation continues to be perceived as a low-risk investment. A retrospective analysis shows that $100 invested in American Tower 20 years ago will have appreciated sizably in value today. The firm has also recently settled a dispute with AT&T Mexico.
Many major investment groups, such as LVW Advisors and TD Private Client Wealth, have increased their stakes in American Tower. The renowned corporation has priced two offerings of senior unsecured notes worth $200 million and $375 million, maturing in 2030 and 2035, respectively. The communications infrastructure giant boasts a promising outlook, having disclosed its growth strategy at Citi’s Global Technology, Media, and Telecommunications Conference. Analyst consensus has given a \"moderate buy\" recommendation for American Tower. Among its most recent initiatives, American Tower's subsidiary, CoreSite, launched its NY3 Data Center, and it once again resolved a dispute with AT&T Mexico. American Tower maintains a diverse shareholder base, with many investment companies further boosting their holdings, including Voya Investment Management and Harbor Investment Advisory.
American Tower Corporation AMT News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 27 Sep 2025 12:52:45 GMT - Rating 7 - Innovation 3 - Information 8 - Rumor 2