Crown Castle Inc. $CCI is Lazard Asset Management LLC’s 7th Largest Position

Lazard Asset Management LLC raised its stake in shares of Crown Castle Inc. (NYSE:CCI) by 15.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,463,182 shares of the real estate investment trust’s stock after acquiring an additional 1,828,065 shares during the period. Crown Castle makes up 1.8% of Lazard Asset Management LLC’s holdings, making the stock its 7th biggest holding. Lazard Asset Management LLC’s holdings in Crown Castle were worth $1,094,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of Crown Castle during the 3rd quarter worth approximately $29,000. Hilton Head Capital Partners LLC raised its position in Crown Castle by 55.6% in the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 134 shares during the period. Triumph Capital Management purchased a new stake in Crown Castle in the third quarter valued at approximately $31,000. Global Assets Advisory LLC acquired a new position in Crown Castle during the first quarter worth $32,000. Finally, Salomon & Ludwin LLC lifted its stake 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 worth $34,000 after purchasing an additional 215 shares in the last quarter. 90.77% of the stock is owned by hedge funds and other institutional investors.

Crown Castle News Roundup

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

Crown Castle Trading Up 0.1%

Shares of NYSE CCI opened at $74.94 on Monday. The stock has a market cap of $32.71 billion, a P/E ratio of 38.04, a PEG ratio of 0.40 and a beta of 0.95. The business’s fifty day simple moving average is $84.38 and its 200-day simple moving average is $85.72. Crown Castle Inc. has a 12-month low of $73.75 and a 12-month high of $113.80.

Crown Castle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $1.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $4.25 annualized dividend and a yield of 5.7%. Crown Castle’s dividend payout ratio is 215.74%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CCI. TD Cowen dropped their price objective on Crown Castle from $94.00 to $92.00 and set a “buy” rating for the company in a research note on Thursday. Truist Financial began coverage on Crown Castle in a research report on Tuesday, March 31st. They issued a “hold” rating and a $90.00 target price for the company. Scotiabank cut their price target on shares of Crown Castle from $94.00 to $91.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 7th. Raymond James Financial increased their price target on shares of Crown Castle from $102.00 to $108.00 and gave the stock a “strong-buy” rating in a research report on Thursday, April 23rd. Finally, Citizens Jmp lowered their price objective on shares of Crown Castle from $125.00 to $120.00 and set a “market outperform” rating for the company in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, Crown Castle has a consensus rating of “Moderate Buy” and an average target price of $95.92.

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.