ABN Amro Investment Solutions cut its position in Crown Castle Inc. (NYSE:CCI – Free Report) by 57.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 20,083 shares of the real estate investment trust’s stock after selling 27,473 shares during the period. ABN Amro Investment Solutions’ holdings in Crown Castle were worth $1,633,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in shares of Crown Castle in the third quarter worth about $29,000. Hilton Head Capital Partners LLC grew its stake 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. Triumph Capital Management purchased a new stake in Crown Castle in the 3rd quarter worth approximately $31,000. Global Assets Advisory LLC bought a new stake in Crown Castle during the 1st quarter worth approximately $32,000. Finally, Salomon & Ludwin LLC lifted its holdings in Crown Castle by 128.7% during the fourth quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 215 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.
Key Crown Castle News
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Crown Castle beat Q2 expectations on key measures, including FFO and revenue, helped by lower interest expense. The company also updated full-year 2026 outlook, which suggests management sees improved operating momentum and progress from asset sales, debt repayment, and land investments. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
- Positive Sentiment: Analysts remain generally constructive despite trimming targets: Citigroup kept a buy rating, Citizens JMP kept market outperform, TD Cowen kept buy, and RBC kept outperform. Even with lower targets, the firms still see meaningful upside from current levels, signaling that expectations for CCI remain relatively favorable. Analyst price target updates
- Neutral Sentiment: Multiple analysts lowered price targets after the earnings release, including Citigroup to $98 from $106, Citizens JMP to $120 from $125, JPMorgan to $85 from $95, TD Cowen to $92 from $94, and RBC to $90 from $92. The cuts reflect a more cautious valuation stance, but not a bearish shift in ratings overall. Analyst price target updates
- Neutral Sentiment: Other coverage highlighted that Q2 results beat estimates even as site-rental revenue was affected by certain items, suggesting the quarter was solid but still showed some business mix or timing pressure. Crown Castle Q2 earnings beat even as site rental revenue impacted by items
- Negative Sentiment: Despite the earnings beat, the stock remains well below its recent highs, and the repeated target cuts may indicate analysts are resetting expectations for slower growth or a lower valuation multiple going forward. Analyst price target updates
Analyst Upgrades and Downgrades
Read Our Latest Report on Crown Castle
Crown Castle Trading Up 0.5%
Shares of NYSE CCI opened at $74.94 on Friday. The company has a 50 day simple moving average of $84.38 and a two-hundred day simple moving average of $85.74. The stock has a market cap of $32.71 billion, a price-to-earnings ratio of 38.04, a PEG ratio of 0.38 and a beta of 0.95. Crown Castle Inc. has a 12 month low of $73.75 and a 12 month high of $113.80.
Crown Castle (NYSE:CCI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.55. 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 during the quarter, compared to analysts’ expectations of $995.41 million. During the same period in the prior year, the business posted $1.10 earnings per share. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. Analysts forecast that Crown Castle Inc. will post 4.22 EPS for the current year.
Crown Castle Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Monday, June 15th. Crown Castle’s payout ratio is currently 175.62%.
Crown Castle Company Profile
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.
Further Reading
- Five stocks we like better than Crown Castle
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Want to see what other hedge funds are holding CCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Castle Inc. (NYSE:CCI – Free Report).
Receive News & Ratings for Crown Castle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Castle and related companies with MarketBeat.com's FREE daily email newsletter.
