Amundi 13F: Adds $109M to American Tower (AMT) Stake
Amundi has boosted its holdings in American Tower Corporation, increasing its stake significantly.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi added 663,976 shares to its stake in American Tower Corporation ($AMT), a 20.97% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 3,830,533 shares worth $631.20 million at the end of the quarter.
Since the filing, $AMT is up 4.3% after 1 week, up 3.1% after 1 month and up 6.6% to date (from the $173.73 close on May 18, 2026).
Key Points
- Amundi has increased its position in American Tower Corporation (NYSE: AMT) by 663,976 shares, raising its total to about 3.83 million shares valued at approximately $631.2 million as of May 18, 2026.
- Amundi held 3,830,533 $AMT shares at quarter end, up 20.97% from the prior quarter.
- The stock is currently trading at $164.78, which is near its 52-week low of $160.06 and reflects a 20.97% increase in Amundi's holdings.
- Analysts maintain a positive outlook on American Tower, with a consensus 'buy' rating and a mean price target of $215.70.
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Amundi Increases Its Position
Amundi has boosted its stake in American Tower Corporation (NYSE: AMT) by 663,976 shares, increasing its total holdings to approximately 3.83 million shares valued at about $631.2 million as of May 18, 2026. This move reflects a 20.97% increase in Amundi's position.
Institutional Activity
No other funds reported changes in their positions for American Tower Corporation in the latest filings. This could indicate a focus on individual strategies rather than collective movements in this sector.
How American Tower Corporation Stock Has Traded
American Tower's stock is currently trading at $164.78, which is close to its 52-week low of $160.06. The stock has seen some fluctuations recently, and Amundi's increased stake comes at a time when the shares are below their 200-day moving average of $177.46.
Analysts Set New Price Targets
On September 30, 2026, Barclays maintained its 'Overweight' rating for American Tower with a price target of $199. Earlier, on August 20, 2026, Barclays upgraded the stock to 'Overweight' from a previous target of $195. Truist Securities reiterated a 'Buy' rating with a target of $207 on August 12, 2026. Analysts show a generally favorable view, with a consensus 'buy' rating and a mean price target of about $215.70.
What American Tower Corporation Does
American Tower Corporation is one of the largest global real estate investment trusts (REITs), focused on owning and operating multitenant communications sites. The company plays a crucial role in the telecommunications infrastructure sector, which is vital for connectivity in today’s digital world.
What's Next for American Tower Corporation
Investors will be looking ahead to the next earnings report scheduled for October 27, 2026. The recent 13F filing provides a snapshot of Amundi's holdings during the reporting period and may not represent its current position. As the market evolves, further filings and analyst updates will be key to understanding American Tower's trajectory.
Source: Amundi's 13F filing on $AMT (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
