OLD National Bancorp IN decreased its position in Crown Castle Inc. (NYSE:CCI – Free Report) by 39.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 66,541 shares of the real estate investment trust’s stock after selling 43,563 shares during the period. OLD National Bancorp IN’s holdings in Crown Castle were worth $5,913,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in CCI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Crown Castle by 591.8% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,471,120 shares of the real estate investment trust’s stock worth $431,418,000 after acquiring an additional 3,824,778 shares in the last quarter. Invesco Ltd. boosted its position in Crown Castle by 33.2% during the 3rd quarter. Invesco Ltd. now owns 6,437,685 shares of the real estate investment trust’s stock valued at $621,172,000 after purchasing an additional 1,605,291 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in Crown Castle during the 3rd quarter valued at approximately $121,726,000. Daiwa Securities Group Inc. boosted its position in Crown Castle by 42.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,931,258 shares of the real estate investment trust’s stock valued at $379,327,000 after purchasing an additional 1,168,132 shares during the period. Finally, Man Group plc boosted its position in Crown Castle by 237.0% during the 3rd quarter. Man Group plc now owns 1,601,500 shares of the real estate investment trust’s stock valued at $154,529,000 after purchasing an additional 1,126,221 shares during the period. Institutional investors and hedge funds own 90.77% of the company’s stock.
Insiders Place Their Bets
In other news, VP Robert Sean Collins sold 3,000 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $87.49, for a total value of $262,470.00. Following the sale, the vice president owned 5,800 shares of the company’s stock, valued at approximately $507,442. The trade was a 34.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $86.34, for a total value of $401,481.00. Following the completion of the sale, the executive vice president directly owned 25,183 shares in the company, valued at $2,174,300.22. This represents a 15.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by insiders.
Crown Castle Price Performance
Crown Castle (NYSE:CCI – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.55. Crown Castle had a negative return on equity of 69.11% and a net margin of 25.13%.The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.42 million. During the same quarter in the previous year, the business earned $1.10 EPS. The firm’s revenue for the quarter was down 4.9% on a year-over-year basis. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. On average, research analysts expect that Crown Castle Inc. will post 4.23 earnings per share for the current fiscal year.
Crown Castle Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Friday, March 13th. Crown Castle’s payout ratio is currently 420.79%.
Crown Castle News Summary
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Q1 results beat consensus on AFFO/FFO and revenue, showing resilience in leasing and enabling management to maintain its FY2026 outlook. Crown Castle Q1 AFFO & Sales Beat Estimates Despite DISH Headwinds
- Positive Sentiment: Management reiterated/updated FY2026 guidance (EPS range ~4.38–4.49) well above consensus, which supports a bullish forward-earnings narrative. Crown Castle Reports First Quarter 2026 Results and Maintains Outlook for Full Year 2026
- Positive Sentiment: Company announced a ~$1B buyback program and ~$65M of annualized cost reductions — both enhance shareholder returns and EPS leverage. Crown Castle reiterates 2026 outlook with ~$1B buyback plan and $65M annualized cost reduction
- Positive Sentiment: Analyst support lifted sentiment: Raymond James raised its price target to $108 and maintained a strong-buy; Bernstein reaffirmed its buy rating — both likely helped investor confidence. Raymond James adjusts Crown Castle price target to $108 Bernstein Reaffirms Their Buy Rating on Crown Castle (CCI)
- Neutral Sentiment: FFO and revenue beats were modest (+1–1.5%), so while they remove downside surprise risk, they are not a dramatic acceleration in growth. Crown Castle (CCI) Q1 FFO and Revenues Surpass Estimates
- Neutral Sentiment: Earnings call and investor materials emphasize a strategic focus on maximizing tower value and progressing separation/sale of non-core assets — these are longer-term catalysts rather than immediate earnings drivers. Crown Castle Inc (CCI) Q1 2026 Earnings Call Highlights
- Negative Sentiment: Persistent DISH-related headwinds and tower-growth concerns remain a near-term drag on site-rental revenue; analysts continue to flag uncertainty around future tenancy trends. Crown Castle earnings on deck as tower growth concerns linger Crown Castle Q1 AFFO & Sales Beat Estimates Despite DISH Headwinds
- Negative Sentiment: Revenue was down year-over-year (~4.9%) and the company still reports a weak ROE and margin pressures — these fundamentals help explain investor caution despite beats. Crown Castle Q1 results and metrics
Analysts Set New Price Targets
CCI has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on Crown Castle from $84.00 to $89.00 and gave the company a “hold” rating in a research report on Tuesday, April 14th. BMO Capital Markets boosted their price objective on Crown Castle from $91.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, April 17th. KeyCorp boosted their price objective on Crown Castle from $98.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday. Truist Financial initiated coverage on Crown Castle in a research report on Tuesday, March 31st. They set a “hold” rating and a $90.00 price objective for the company. Finally, HSBC reduced their price objective on Crown Castle from $107.00 to $88.40 and set a “hold” rating for the company in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.34.
Read Our Latest Stock Analysis on Crown Castle
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.
See Also
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