Goldman Sachs Group Inc. Has $239.84 Million Stock Holdings in SBA Communications Corporation $SBAC

Posted by Brenda Bartman on Jun 7th, 2026

Goldman Sachs Group Inc. increased its position in shares of SBA Communications Corporation (NASDAQ:SBAC – Free Report) by 24.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,239,905 shares of the technology company’s stock after acquiring an additional 245,939 shares during the quarter. Goldman Sachs Group Inc. owned about 1.16% of SBA Communications worth $239,835,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Fortune Financial Advisors LLC lifted its stake in shares of SBA Communications by 2.4% during the third quarter. Fortune Financial Advisors LLC now owns 2,237 shares of the technology company’s stock valued at $432,000 after acquiring an additional 53 shares during the period. Prestige Wealth Management Group LLC lifted its stake in shares of SBA Communications by 3.6% during the third quarter. Prestige Wealth Management Group LLC now owns 1,715 shares of the technology company’s stock valued at $332,000 after acquiring an additional 60 shares during the period. Choreo LLC lifted its stake in shares of SBA Communications by 1.1% during the third quarter. Choreo LLC now owns 6,047 shares of the technology company’s stock valued at $1,169,000 after acquiring an additional 63 shares during the period. Norinchukin Bank The lifted its stake in shares of SBA Communications by 1.1% during the third quarter. Norinchukin Bank The now owns 6,037 shares of the technology company’s stock valued at $1,167,000 after acquiring an additional 68 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of SBA Communications by 47.6% during the fourth quarter. Larson Financial Group LLC now owns 248 shares of the technology company’s stock valued at $48,000 after acquiring an additional 80 shares during the period. Institutional investors and hedge funds own 97.35% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SBAC. Wells Fargo & Company upped their price target on SBA Communications from $195.00 to $220.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 7th. Truist Financial reiterated a “buy” rating and issued a $248.00 price objective (up from $247.00) on shares of SBA Communications in a report on Tuesday, May 5th. Sanford C. Bernstein began coverage on SBA Communications in a report on Thursday, March 5th. They issued a “market perform” rating and a $218.00 price objective for the company. Scotiabank upped their price objective on SBA Communications from $223.00 to $230.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Finally, Morgan Stanley upped their price objective on SBA Communications from $215.00 to $225.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, SBA Communications currently has an average rating of “Moderate Buy” and a consensus target price of $237.22.

View Our Latest Report on SBA Communications

SBA Communications Trading Up 0.1%

NASDAQ SBAC opened at $208.02 on Friday. SBA Communications Corporation has a 12 month low of $162.41 and a 12 month high of $243.16. The stock has a 50-day simple moving average of $207.16 and a 200 day simple moving average of $196.13. The company has a market capitalization of $22.06 billion, a PE ratio of 21.90, a P/E/G ratio of 2.08 and a beta of 0.99.

SBA Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, May 22nd will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, May 22nd. SBA Communications’s dividend payout ratio is 52.63%.

SBA Communications Company Profile

(Free Report)

SBA Communications Corporation (NASDAQ: SBAC) is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its core business is the leasing of space on communications towers, rooftop sites and other wireless structures to mobile network operators, broadband providers and other wireless service customers. The company also provides site development, construction and ongoing site management services to support the deployment and operation of wireless networks.

In addition to traditional macro towers, SBA offers a range of infrastructure solutions designed for dense urban and suburban markets, including small cells, distributed antenna systems (DAS) and fiber backhaul and transport services.