Korea Investment CORP Makes New Investment in Crown Castle Inc. $CCI

Posted by Francis Steltz on Aug 23rd, 2026

Korea Investment CORP bought a new position in Crown Castle Inc. (NYSE:CCI – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 383,293 shares of the real estate investment trust’s stock, valued at approximately $29,027,000.

A number of other institutional investors have also modified their holdings of CCI. Empowered Funds LLC grew its stake in Crown Castle by 7.5% in the first quarter. Empowered Funds LLC now owns 16,444 shares of the real estate investment trust’s stock worth $1,714,000 after purchasing an additional 1,150 shares in the last quarter. First Trust Advisors LP increased its holdings in Crown Castle by 6.9% in the second quarter. First Trust Advisors LP now owns 87,611 shares of the real estate investment trust’s stock valued at $9,000,000 after buying an additional 5,630 shares during the last quarter. Baird Financial Group Inc. increased its holdings in Crown Castle by 3.7% in the second quarter. Baird Financial Group Inc. now owns 7,655 shares of the real estate investment trust’s stock valued at $786,000 after buying an additional 272 shares during the last quarter. Jump Financial LLC raised its stake in Crown Castle by 49.3% during the second quarter. Jump Financial LLC now owns 10,913 shares of the real estate investment trust’s stock valued at $1,121,000 after buying an additional 3,603 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Crown Castle by 5.6% during the second quarter. Federated Hermes Inc. now owns 4,955 shares of the real estate investment trust’s stock valued at $509,000 after buying an additional 261 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.

Crown Castle Stock Up 0.2%

Shares of CCI stock opened at $75.53 on Friday. The company has a market cap of $32.13 billion, a P/E ratio of 38.34, a PEG ratio of 0.40 and a beta of 0.95. The business has a 50 day moving average of $77.86 and a two-hundred day moving average of $84.11. Crown Castle Inc. has a 52 week low of $69.72 and a 52 week high of $104.61.

Crown Castle (NYSE:CCI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.17). Crown Castle had a negative return on equity of 51.60% and a net margin of 20.71%.The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.05 million. During the same period last year, the business posted $0.67 EPS. The company’s revenue for the quarter was down 4.9% on a year-over-year basis. Crown Castle has set its FY 2026 guidance at 4.530-4.650 EPS. Analysts expect that Crown Castle Inc. will post 4.39 EPS for the current fiscal year.

Crown Castle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.0625 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.25 annualized dividend and a dividend yield of 5.6%. Crown Castle’s payout ratio is 215.74%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CCI shares. Wall Street Zen upgraded Crown Castle from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Citigroup reissued a “market outperform” rating on shares of Crown Castle in a research report on Friday, July 24th. JPMorgan Chase & Co. reduced their price objective on Crown Castle from $95.00 to $85.00 and set a “neutral” rating on the stock in a research note on Thursday, July 23rd. TD Cowen decreased their price objective on shares of Crown Castle from $94.00 to $92.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Finally, Barclays boosted their target price on shares of Crown Castle from $91.00 to $92.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, Crown Castle has a consensus rating of “Moderate Buy” and a consensus target price of $95.13.

Check Out Our Latest Research Report on Crown Castle

Insider Activity

In other news, VP Robert Sean Collins sold 1,500 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $75.89, for a total transaction of $113,835.00. Following the completion of the transaction, the vice president owned 5,113 shares in the company, valued at approximately $388,025.57. This represents a 22.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.09% of the company’s stock.

Crown Castle Profile

(Free Report)

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.