Robeco Institutional Asset Management B.V. trimmed its position in Crown Castle Inc. (NYSE:CCI – Free Report) by 55.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,256 shares of the real estate investment trust’s stock after selling 118,373 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Crown Castle were worth $6,415,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Crown Castle during the 2nd quarter valued at approximately $3,326,154,000. State Street Corp grew its position in Crown Castle by 0.9% in the second quarter. State Street Corp now owns 23,023,394 shares of the real estate investment trust’s stock worth $1,743,562,000 after acquiring an additional 211,633 shares during the period. Lazard Asset Management LLC grew its position in Crown Castle by 15.7% in the first quarter. Lazard Asset Management LLC now owns 13,463,182 shares of the real estate investment trust’s stock worth $1,094,691,000 after acquiring an additional 1,828,065 shares during the period. Dimensional Fund Advisors LP grew its position in Crown Castle by 2.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,325,747 shares of the real estate investment trust’s stock worth $514,320,000 after acquiring an additional 144,538 shares during the period. Finally, Legal & General Group Plc acquired a new stake in Crown Castle during the second quarter worth $456,897,000. 90.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have commented on CCI. Barclays lifted their target price on Crown Castle from $84.00 to $86.00 and gave the company an “overweight” rating in a research report on Wednesday, September 30th. Citizens Jmp lowered their price target on Crown Castle from $125.00 to $120.00 and set a “market outperform” rating for the company in a report on Friday, July 24th. Royal Bank Of Canada lowered their price target on Crown Castle from $92.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. TD Cowen raised their price objective on Crown Castle from $92.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Jefferies Financial Group reduced their price objective on shares of Crown Castle from $88.00 to $82.00 and set a “hold” rating on the stock in a report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $94.27.
Check Out Our Latest Stock Report on Crown Castle
Crown Castle Price Performance
NYSE CCI opened at $86.08 on Friday. The company has a market cap of $36.62 billion, a P/E ratio of 45.31, a P/E/G ratio of 0.77 and a beta of 0.94. The stock has a 50-day moving average of $74.45 and a two-hundred day moving average of $80.58. Crown Castle Inc. has a 1-year low of $65.32 and a 1-year high of $99.21.
Crown Castle (NYSE:CCI – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.02). Crown Castle had a negative return on equity of 42.11% and a net margin of 20.12%. The business had revenue of $995.00 million for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the company posted $1.12 EPS. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. On average, analysts anticipate that Crown Castle Inc. will post 4.39 EPS for the current fiscal year.
Crown Castle Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were issued a dividend of $1.0625 per share. The ex-dividend date was Tuesday, September 15th. This represents a $4.25 dividend on an annualized basis and a yield of 4.9%. Crown Castle’s dividend payout ratio is 215.74%.
Insider Buying and Selling
In other Crown Castle news, VP Robert Collins sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $75.89, for a total value of $113,835.00. Following the completion of the transaction, the vice president owned 5,113 shares of the company’s stock, valued at $388,025.57. This trade represents a 22.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.09% of the stock is owned by corporate insiders.
Crown Castle News Summary
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Potential SpaceX deal is the main catalyst: SpaceX is reportedly discussing access to at least 80,000 cell sites as it develops a nationwide wireless network. Crown Castle is among the tower operators in talks, potentially creating significant incremental leasing demand and improving long-term growth prospects. Crown Castle Stock Jumps 12% On Reports Of Potential SpaceX Tower Deal
- Positive Sentiment: 2026 earnings guidance was raised: Crown Castle now expects full-year EPS of $4.54-$4.66, above the $4.38 analyst consensus. Management also lifted its full-year AFFO and EBITDA outlook, supported partly by lower expenses and interest costs. Crown Castle’s Q3 AFFO Beats Estimates on Lower Expenses
- Positive Sentiment: Funds from operations exceeded expectations: Third-quarter FFO was $1.24 per share versus the $1.20 consensus estimate, helped by lower interest expenses. Barclays and UBS maintained Buy ratings, reinforcing the constructive view among some analysts. Crown Castle Tops Q3 FFO Estimates
- Neutral Sentiment: Strategic focus is shifting toward towers: Crown Castle is pursuing a more concentrated pure-play tower strategy and targeting more than 400 ground-lease buyouts in 2026. The strategy could simplify the business, although execution and capital requirements remain important factors. Crown Castle Q3 2026 Earnings Call Transcript
- Negative Sentiment: Underlying results remain mixed: Revenue declined year over year, while reported EPS missed estimates and leverage was approximately 6.5 times net debt to adjusted EBITDA. Wells Fargo retained a Hold rating, and BMO reduced its price target to $91 from $93, highlighting ongoing valuation and balance-sheet concerns. BMO Capital Adjusts Price Target on Crown Castle
About Crown Castle
Crown Castle Inc (NYSE: CCI) is a real estate investment trust that owns, operates and leases communications infrastructure in the United States. Its assets support wireless carriers, broadcasters, government agencies and other communications providers by enabling the transmission of voice, data and video services.
The company’s infrastructure has historically included approximately 40,000 cell towers, about 90,000 route miles of fiber and a large portfolio of small-cell installations.
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