Here’s Why American Tower Corporation (AMT) Fell in Q3

4 days ago 2

Soumya Eswaran

Wed, November 12, 2025 astatine 7:48 AM CST 3 min read

Baron Funds, an concern absorption company, released its “Baron Real Estate Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The money delivered beardown results successful the quarter. The money appreciated 10.25% (Institutional Shares) compared to the MSCI US REIT Index’s (the REIT Index) 4.49% and the MSCI USA IMI Extended Real Estate Index’s 5.65%. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Baron Real Estate Fund highlighted stocks specified arsenic American Tower Corporation (NYSE:AMT). American Tower Corporation (NYSE:AMT) is simply a starring autarkic multitenant communications existent property operator. The one-month instrumentality of American Tower Corporation (NYSE:AMT) was -2.76%, and its shares mislaid 5.31% of their worth implicit the past 52 weeks. On November 11, 2025, American Tower Corporation (NYSE:AMT) banal closed astatine $184.79 per share, with a marketplace capitalization of $86.509 billion.

Baron Real Estate Fund stated the pursuing regarding American Tower Corporation (NYSE:AMT) successful its 3rd 4th 2025 capitalist letter:

"After robust show successful the archetypal six months of the year, shares of American Tower Corporation (NYSE:AMT), a planetary REIT proprietor of 150,000 wireless operation connection sites with a dense accent connected developed markets, pulled backmost during the 3rd 4th and lagged REITs broadly. Underperformance was driven by a flimsy hold successful U.S. billings from 2025 to 2026 on with capitalist concerns astir the contractual commitments of a tiny lawsuit (DISH) and associated imaginable churn impacts aft EchoStar Corporation divested its U.S. spectrum licenses.

American Tower Corporation’s (AMT) Dividend Strength and Valuation Make it a Strong Buy successful 2025

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