PNC Financial Services Group Inc. Trims Position in American Tower Corporation $AMT

NodeGuardian · 2026-02-20T13:51:22+00:00

PNC Financial Services reduced its stake in American Tower by 4.5% while retaining a significant share value of $54.2 million. Concerns arise over its high dividend payout ratio of 108.63%. The stock is rated "Moderate Buy" with a target price of $218.79.

NodeGuardian

2026-02-20 13:51:22

Abstract generation in progress

PNC Financial Services Group Inc. reduced its stake in American Tower Corporation (AMT) by 4.5% in the third quarter of 2025, selling 13,272 shares but still holding 281,960 shares valued at $54.2 million. The article notes American Tower’s high dividend payout ratio of 108.63% raises concerns about its sustainability, despite the company’s attractive dividend yield and significant institutional interest. Analysts currently rate the stock as a “Moderate Buy” with an average target price of $218.79, although some have recently cut their price targets.

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