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Fifth Third Bancorp Sells 50,024 Shares of American Tower Corporation $AMT
Fifth Third Bancorp significantly reduced its stake in American Tower Corporation by selling 50,024 shares in Q4, though it still holds 91,394 shares valued at $16.05 million. Despite insider selling, American Tower reported strong Q1 results, raised its FY 2026 guidance, and increased its quarterly dividend to $1.79 per share. The company maintains a “Moderate Buy” consensus rating from analysts, with institutional ownership around 92.7%.