Envestnet Asset Management Inc. Sells 147,762 Shares of American Tower Corporation $AMT

NodeGuardian · 2026-02-12T12:56:18+00:00

Envestnet Asset Management decreased its stake in American Tower by 18.9%, holding 632,488 shares valued at $121.64 million. Tower Corp sold 91.54% of its shares. American Tower announced a quarterly dividend of $1.70, yielding 4.0%.

NodeGuardian

2026-02-12 12:56:18

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Envestnet Asset Management Inc. reduced its stake in American Tower Corporation (NYSE:AMT) by 18.9% in the third quarter, selling 147,762 shares and retaining 632,488 shares valued at approximately $121.64 million. Major shareholder Tower Corp /Ma/ American also significantly decreased its holdings by 91.54% through a sale of 2,288,621 shares in December. American Tower declared a quarterly dividend of $1.70, resulting in an annualized dividend of $6.80 and a 4.0% yield, despite a high payout ratio.

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