SBA Communications Corporation $SBAC Position Boosted by Robeco Institutional Asset Management B.V.

Posted by Brenda Bartman on Oct 25th, 2026

Robeco Institutional Asset Management B.V. increased its stake in SBA Communications Corporation (NASDAQ:SBAC – Free Report) by 25.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,499 shares of the technology company’s stock after acquiring an additional 7,308 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in SBA Communications were worth $5,684,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SBAC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in SBA Communications by 5.7% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 267,659 shares of the technology company’s stock worth $46,067,000 after purchasing an additional 14,317 shares during the period. Plato Investment Management Ltd bought a new stake in SBA Communications in the second quarter valued at $1,011,000. Nykredit A S bought a new stake in SBA Communications in the second quarter valued at $7,298,000. Headlands Technologies LLC raised its holdings in shares of SBA Communications by 303.5% during the second quarter. Headlands Technologies LLC now owns 8,728 shares of the technology company’s stock valued at $1,540,000 after purchasing an additional 6,565 shares during the period. Finally, Delta Global Management LP acquired a new position in shares of SBA Communications during the first quarter valued at about $2,162,000. Institutional investors and hedge funds own 97.35% of the company’s stock.

Insider Buying and Selling at SBA Communications

In other news, Director George R. Krouse, Jr. sold 300 shares of SBA Communications stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $182.67, for a total transaction of $54,801.00. Following the completion of the transaction, the director directly owned 8,512 shares in the company, valued at $1,554,887.04. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 9.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SBAC. UBS Group cut shares of SBA Communications from a “market perform” rating to a “hold” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. decreased their target price on SBA Communications from $230.00 to $220.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. BMO Capital Markets reaffirmed a “market perform” rating on shares of SBA Communications in a research report on Monday, August 24th. Wells Fargo & Company raised SBA Communications from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $220.00 to $210.00 in a research note on Friday, July 17th. Finally, Jefferies Financial Group upgraded SBA Communications to a “hold” rating in a report on Thursday, October 15th. Eight analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, SBA Communications currently has a consensus rating of “Hold” and a consensus target price of $226.53.

Check Out Our Latest Analysis on SBAC

SBA Communications Stock Up 3.6%

Shares of SBAC opened at $184.75 on Friday. The business’s fifty day moving average is $179.19 and its 200 day moving average is $191.16. SBA Communications Corporation has a 12-month low of $156.60 and a 12-month high of $224.46. The stock has a market cap of $19.60 billion, a P/E ratio of 19.91, a P/E/G ratio of 1.85 and a beta of 1.00.

SBA Communications (NASDAQ:SBAC – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.02. The business had revenue of $715.27 million during the quarter, compared to analyst estimates of $706.01 million. SBA Communications had a net margin of 34.51% and a negative return on equity of 20.67%. SBA Communications’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.17 EPS. On average, analysts expect that SBA Communications Corporation will post 11.40 EPS for the current year.

SBA Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, August 20th were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, August 20th. SBA Communications’s dividend payout ratio (DPR) is 53.88%.

SBA Communications Company Profile

(Free Report)

SBA Communications Corporation is a real estate investment trust that owns and operates wireless communications infrastructure. The company’s portfolio primarily consists of wireless communications towers and related sites that support cellular, wireless broadband, and other communications equipment.

SBA Communications leases antenna space on its towers to wireless service providers, government agencies, and other communications companies. It also provides site development services, including zoning, permitting, construction, and project management, as well as tower construction and acquisition services in selected markets.

Founded in 1989 and headquartered in Boca Raton, Florida, SBA Communications serves customers across the United States and in parts of Central and South America.