The Manufacturers Life Insurance Company Makes New $220.80 Million Investment in Crown Castle Inc. $CCI

Posted by Geri Gentry on Aug 25th, 2026

The Manufacturers Life Insurance Company acquired a new position in Crown Castle Inc. (NYSE:CCI – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,915,656 shares of the real estate investment trust’s stock, valued at approximately $220,803,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Binnacle Investments Inc increased its holdings in Crown Castle by 10.9% in the third quarter. Binnacle Investments Inc now owns 1,295 shares of the real estate investment trust’s stock worth $125,000 after purchasing an additional 127 shares in the last quarter. Front Row Advisors LLC increased its stake in shares of Crown Castle by 1.4% in the 1st quarter. Front Row Advisors LLC now owns 9,305 shares of the real estate investment trust’s stock valued at $757,000 after acquiring an additional 130 shares in the last quarter. Hilton Head Capital Partners LLC lifted its position in shares of Crown Castle by 55.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 134 shares during the period. CENTRAL TRUST Co boosted its stake in Crown Castle by 10.2% during the first quarter. CENTRAL TRUST Co now owns 1,488 shares of the real estate investment trust’s stock worth $121,000 after acquiring an additional 138 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in Crown Castle by 3.9% during the fourth quarter. Principal Securities Inc. now owns 3,754 shares of the real estate investment trust’s stock worth $334,000 after acquiring an additional 142 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.

Crown Castle Stock Performance

CCI stock opened at $76.38 on Tuesday. The business has a 50-day simple moving average of $77.61 and a two-hundred day simple moving average of $84.05. The company has a market capitalization of $32.50 billion, a P/E ratio of 38.77, a price-to-earnings-growth ratio of 0.40 and a beta of 0.95. Crown Castle Inc. has a 52-week low of $69.72 and a 52-week high of $104.08.

Crown Castle (NYSE:CCI – Get Free Report) last announced its 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 net margin of 20.71% and a negative return on equity of 51.60%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $995.05 million. The firm’s quarterly revenue was down 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.67 EPS. Crown Castle has set its FY 2026 guidance at 4.530-4.650 EPS. As a group, sell-side analysts forecast that Crown Castle Inc. will post 4.39 earnings per share 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. Investors of record on Tuesday, September 15th will be given a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Crown Castle’s dividend payout ratio (DPR) is presently 215.74%.

Insiders Place Their Bets

In other Crown Castle 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 value of $113,835.00. Following the completion of the sale, the vice president directly owned 5,113 shares of the company’s stock, valued at approximately $388,025.57. This represents a 22.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CCI. JPMorgan Chase & Co. decreased their price target on shares of Crown Castle from $95.00 to $85.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Citigroup reissued a “market outperform” rating on shares of Crown Castle in a research report on Friday, July 24th. Wall Street Zen upgraded Crown Castle from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Jefferies Financial Group reduced their target price on Crown Castle from $88.00 to $82.00 and set a “hold” rating for the company in a research note on Wednesday, July 15th. Finally, TD Cowen decreased their target price on Crown Castle from $94.00 to $92.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $95.13.

Check Out Our Latest Stock Analysis on Crown Castle

Crown Castle Company 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.