American Tower evp Ruth Dowling sells $290,823 in stock

American Tower Corp. Executive Vice President Ruth T. Dowling sold shares of the company's stock worth $290,823 in late October 2026. She traded 626 shares on October 28 and an additional 952 shares on October 29. The shares were sold at prices between $182.00 and $185.81 per share. Ms. Dowling had established the sales under a Rule 10b5-1 trading plan on October 29, 2025.

Following these sales, she held 26,133 shares of American Tower Corp. common stock. The company currently offers a dividend yield of 3.85% and has a good financial health score, although its stock appears overvalued based on fair value estimates. American Tower reported strong third-quarter 2026 results, with adjusted earnings of $1.64 per share and revenue reaching $2.79 billion.

The company has raised its full-year outlook for the third time this year, driven by robust property revenue and momentum in its data center operations. RBC Capital has maintained an Outperform rating on American Tower, with a price target of $205.00. Despite positive developments, the company acknowledges that 2026 remains a challenging year for U.S. organic growth, with improvements expected in 2027.