Crown Castle Inc. $CCI Shares Sold by Compass Wealth Management LLC

Key Points

• Compass Wealth Management cut its Crown Castle stake by 18.4% in the third quarter, selling 13,160 shares and retaining 58,421 shares valued at approximately $3.9 million. Institutional investors overall own 90.77% of the company.
• Crown Castle’s third-quarter AFFO of $1.24 per share exceeded estimates and management raised its full-year outlook, while potential leasing discussions with SpaceX could create additional demand for its tower infrastructure.
• The company still faces pressure from declining revenue and a reported EPS miss: revenue fell 7.2% year over year to $995 million and EPS was $0.67 versus the $0.69 consensus. Analysts’ consensus rating remains Hold, with an average price target of $94.27.

Compass Wealth Management LLC cut its stake in Crown Castle Inc. (NYSE:CCI - Free Report) by 18.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,421 shares of the real estate investment trust's stock after selling 13,160 shares during the period. Compass Wealth Management LLC's holdings in Crown Castle were worth $3,894,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in CCI. Root Financial Partners LLC purchased a new stake in Crown Castle in the 3rd quarter valued at about $56,000. Pinnacle Bancorp Inc. increased its position in shares of Crown Castle by 49.8% during the third quarter. Pinnacle Bancorp Inc. now owns 1,062 shares of the real estate investment trust's stock worth $71,000 after acquiring an additional 353 shares during the period. Skylands Capital LLC increased its position in shares of Crown Castle by 13.6% during the third quarter. Skylands Capital LLC now owns 317,010 shares of the real estate investment trust's stock worth $21,129,000 after acquiring an additional 37,975 shares during the period. Bell Bank raised its stake in shares of Crown Castle by 28.4% during the third quarter. Bell Bank now owns 107,989 shares of the real estate investment trust's stock valued at $7,197,000 after acquiring an additional 23,866 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Crown Castle by 1.8% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 59,727 shares of the real estate investment trust's stock valued at $3,981,000 after acquiring an additional 1,062 shares in the last quarter. Hedge funds and other institutional investors own 90.77% of the company's stock.

Insider Transactions at Crown Castle

In other news, VP Robert Collins sold 1,500 shares of Crown Castle stock in a transaction on Friday, August 7th. The stock was sold at an average price of $75.89, for a total value of $113,835.00. Following the transaction, the vice president directly owned 5,113 shares in the company, valued at approximately $388,025.57. This trade represents a 22.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.09% of the company's stock.

Key Crown Castle News

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Q3 AFFO beat estimates and guidance improved: Crown Castle reported third-quarter AFFO of $1.24 per share, above the $1.20 consensus and up from $1.12 a year earlier. Management also raised its full-year 2026 AFFO and EBITDA outlook, helped partly by lower interest expense. Crown Castle Q3 FFO results
• Positive Sentiment: Potential SpaceX leasing opportunity: SpaceX is reportedly seeking access to at least 80,000 U.S. cell sites as it builds a nationwide wireless network. Crown Castle is among the tower operators in discussions, creating potential incremental leasing demand for its infrastructure. SpaceX cell-site talks
• Neutral Sentiment: Strategic repositioning continues: Crown Castle is transitioning toward a pure-play tower business and targeting more than 400 ground-lease buyouts in 2026. The strategy could simplify operations over time, but near-term benefits remain uncertain. Crown Castle earnings call transcript
• Negative Sentiment: Revenue and reported EPS disappointed: Quarterly revenue fell 7.2% year over year to $995 million, below the approximately $1.01 billion consensus, while EPS of $0.67 missed estimates of $0.69. The weaker top line and continued revenue pressure likely limited the market’s reaction to the operating beat. Crown Castle earnings report
• Negative Sentiment: Analyst target trimmed: BMO lowered its price target to $91 from $93, signaling more cautious expectations despite maintaining its broader view of the stock. BMO Crown Castle price target

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CCI shares. Morgan Stanley set a $85.00 price target on Crown Castle in a report on Monday, September 21st. TD Cowen raised their price objective on Crown Castle from $92.00 to $98.00 and gave the stock a "buy" rating in a report on Thursday. Royal Bank Of Canada decreased their target price on Crown Castle from $92.00 to $90.00 and set an "outperform" rating for the company in a research report on Thursday, July 23rd. Weiss Ratings lowered Crown Castle from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, October 8th. Finally, Jefferies Financial Group lowered their target price on Crown Castle from $88.00 to $82.00 and set a "hold" rating for the company 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 given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Crown Castle has a consensus rating of "Hold" and an average price target of $94.27.

Crown Castle Stock Performance

NYSE:CCI opened at $79.42 on Friday. Crown Castle Inc. has a one year low of $65.32 and a one year high of $100.50. The firm has a market cap of $33.79 billion, a P/E ratio of 17.44, a P/E/G ratio of 0.70 and a beta of 0.94. The firm has a 50-day simple moving average of $74.24 and a 200-day simple moving average of $80.54.

Crown Castle (NYSE:CCI - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.02). The business had revenue of $995.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Crown Castle had a net margin of 20.12% and a negative return on equity of 47.43%. Crown Castle's revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.12 earnings per share. On average, research analysts predict that Crown Castle Inc. will post 4.38 EPS for the current fiscal year.

Crown Castle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, September 15th. Crown Castle's dividend payout ratio (DPR) is 215.74%.

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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