American Tower Corp Schedule 13G: Vanguard Capital Management reports beneficial ownership of 35,245,879 shares of Common Stock, representing 7.56% of the class as reported. The filing shows sole dispositive power of 35,245,879 shares and sole voting power of 4,883,499 shares.
The filing is signed by Ashley Grim as Head of Global Fund Administration on 04/29/2026 and discloses that holdings include securities held for Vanguard funds and managed accounts.
American Tower Corporation reported solid Q1 2026 growth, with total revenue of $2.74 billion, up 7% from Q1 2025. Property revenue rose across Africa & APAC, Europe, Latin America and Data Centers, while U.S. & Canada declined slightly as churn from DISH offset new leasing.
Net income attributable to common stockholders grew to $859.5 million from $488.7 million, driving diluted EPS to $1.84 versus $1.04 a year earlier. Operating income was stable at $1.24 billion, but foreign currency gains turned other income positive, sharply reducing total other expense.
Cash from operating activities increased to $1.40 billion, supporting capital spending of $449.5 million and common stock distributions of $806.6 million plus $183.7 million of share repurchases. The company ended the quarter with $1.74 billion in cash and $37.3 billion of long-term obligations, and continues to manage customer disputes with AT&T Mexico and DISH while maintaining a large, long-term contracted revenue backlog.
Vanguard Portfolio Management reports beneficial ownership of 27,718,958 shares of American Tower Corp common stock, representing 5.94% of the class as of 03/31/2026. The filer discloses sole power to dispose of 27,718,958 shares and sole voting power over 122,799 shares.
The filing attributes holdings to Vanguard Portfolio Management LLC and affiliated Vanguard entities and states these holdings include securities held by Vanguard funds and managed accounts. The report is signed by the filer on 04/28/2026.
American Tower Corporation delivered strong Q1 2026 results, with total revenue of $2,738 million, up 6.8% year over year. Net income rose sharply to $879 million, up 76.2%, aided by foreign currency gains, while Adjusted EBITDA grew 5.2% to $1,835 million.
AFFO attributable to common stockholders increased 2.6% to $1,324 million, or $2.84 per share. The company declared a quarterly cash distribution of $1.79 per share, 5.3% higher than a year ago, and repurchased about 1.1 million shares for $184 million.
Net leverage stood at 4.9x based on annualized Q1 Adjusted EBITDA. For full year 2026, American Tower now targets midpoint property revenue of about $10.66 billion (up 3.4% vs. prior year) and net income of about $3.06 billion (up 16.2%), with AFFO per share guided to roughly $10.90–$11.07.
American Tower Corporation has issued its 2026 proxy statement and called a virtual annual meeting for May 20, 2026. Stockholders will vote on electing 11 directors, an advisory say-on-pay, ratifying Deloitte & Touche LLP, and approving a new 2026 Equity Incentive Plan.
For 2025, American Tower reports total revenue of $10.6 billion, up 5.1%, property revenue of $10.3 billion, net income attributable to common stockholders of $2.5 billion (up 12.2%), Adjusted EBITDA of $7.1 billion (up 4.7%), Attributable AFFO per Share of $10.76, and ROIC of 9.3%.
The Vanguard Group filed Amendment No. 11 to a Schedule 13G/A reporting its position in American Tower Corp Common Stock. The filing states that, following an internal realignment described in the filing, Vanguard reports 0 shares beneficially owned and 0% of the class as of 03/13/2026. The amendment explains that subsidiaries and business divisions of The Vanguard Group, Inc. will report ownership separately after the 01/12/2026 realignment. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/26/2026.
American Tower executive Richard C. Rossi reported routine equity compensation and related tax withholding transactions. On March 10, 2026, he acquired 6,448 shares of Common Stock at $0.00 per share as a grant of restricted stock units under the company’s equity incentive plan, which vest in equal thirds over three years. On March 10, 2026 and March 11, 2026, a total of 2,228 shares were delivered back to the company at prices of $186.12 and $182.85 per share to cover withholding taxes due upon RSU vesting, which is not an open-market sale. After these transactions, Rossi directly owned 17,518 shares of American Tower Common Stock.
American Tower senior executive Juan Font reported routine equity compensation activity. On March 10, 2026, he received 8,060 shares of Common Stock as a grant under the company’s equity incentive plan, with RSUs vesting in three annual installments. On March 10 and 11, a total of 2,762 shares were delivered back to the company to cover withholding taxes upon RSU vesting. After these transactions, he directly holds 28,352 shares of Common Stock.
American Tower executive vice president, CFO and treasurer Rodney M. Smith reported routine equity compensation and related tax withholding transactions in Common Stock. On March 10, 2026, he received a grant of 10,531 restricted stock units (RSUs) that were awarded under the 2007 Equity Incentive Plan and will vest in three equal annual installments, starting one year from the grant date. Each RSU represents a contingent right to one share of Common Stock.
To cover withholding taxes on the vesting of previously granted RSUs and performance-based restricted stock units, 12,433 shares were delivered back to the company at $186.12 per share on March 10, 2026, and a further 1,295 shares at $182.85 per share on March 11, 2026. These F-code dispositions are not open-market sales but share transfers to the issuer for tax obligations. After these transactions, Smith directly holds 92,542 shares of American Tower Common Stock.