Frank, Rimerman Advisors 13F: New $602K Stake in CCI
Frank, Rimerman Advisors has initiated a new stake in Crown Castle, acquiring 9,039 shares valued at approximately $602,449.
Reviewed by automated data checks against the source filing. How we make and check alerts
Frank, Rimerman Advisors opened a new position of 9,039 shares in Crown Castle Inc. ($CCI), according to a 13F filing with the SEC dated October 16, 2026. It reported 9,039 shares worth $602,449 at the end of the quarter.
CCI
Crown Castle Inc.
Key Points
- Frank, Rimerman Advisors opened a new position in Crown Castle Inc. (CCI) with 9,039 shares valued at about $602,449 on October 16, 2026.
- Crown Castle's stock recently traded at $80.40, which is below its 52-week high of $100.50 but above its low of $65.32.
- The company's next earnings report is scheduled for October 21, 2026, after a trailing-twelve-month revenue of approximately $4.16 billion.
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Frank, Rimerman Advisors has taken a new position in Crown Castle Inc. (CCI), acquiring 9,039 shares valued at approximately $602,449, as disclosed in a filing on October 16, 2026.
What Changed in Frank, Rimerman Advisors' Crown Castle Position
The fund opened a new position, taking 9,039 shares in Crown Castle, marking a significant entry into this real estate investment trust (REIT). This new stake reflects Frank, Rimerman Advisors' interest in the company, which owns and operates a large portfolio of cell towers across the U.S.
Other Institutional Activity in Crown Castle
Several other institutional investors have also been active in Crown Castle. Blackrock Inc. holds 43,921,220 shares valued at about $3.61 billion after reducing its position by 3,033,259 shares. Cohen & Steers Inc. owns 39,084,710 shares worth approximately $3.22 billion, having reduced its holdings by 1,279,547 shares. Vanguard Portfolio Management LLC slightly increased its stake by 604,132 shares, bringing its total to 37,896,257 shares valued at roughly $3.12 billion.
Crown Castle Inc. Stock Up 0.5%
The stock recently traded at $80.40 on October 16, 2026. This price is above its 52-week low of $65.32, indicating some positive momentum, but still 20% below its 52-week high of $100.50. The shares are currently above the 50-day moving average by 9.1%, suggesting a potential upward trend.
Recent Earnings
Crown Castle reported a trailing-twelve-month revenue of approximately $4.16 billion, but the company experienced a year-over-year revenue decline of 4.9%. Its next earnings report is expected on October 21, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
1 target raises vs 1 cuts.
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EPS & revenue
EPS missed estimates by 13.3%. Revenue met estimates.
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Profit surprise
EBITDA missed by 3 percent. Operating income met by 1 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 target raise, 1 target cut.
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Earnings quality
Gross margin down 1.1 points. Operating margin down 3.1 points. Positive free cash flow.
Earnings Call Summary
Crown Castle delivered a solid first quarter with organic growth of 3.1 percent, though this was held back by $49 million in DISH terminations and $5 million in Sprint cancellations. The company is pursuing a transformation to become a best-in-class tower operator by cutting costs by $65 million on an annualized basis, buying more land under towers, and exploring new revenue opportunities like edge data centers and power-as-a-service. Management remains confident in the legal case against DISH for unpaid obligations and expects the fiber and small cell sale to close by mid-2026.
Guidance Crown Castle kept its full year outlook unchanged. The company expects about $3.9 billion in site rental revenue for 2026 and $2.7 billion in adjusted EBITDA at the midpoint. The company plans to spend about $1 billion on share buybacks and $7 billion on debt repayment after selling its fiber and small cell businesses, expected to close in the first half of 2026.
Negative report. Results or guidance disappointed and expectations are likely to move lower.
Insider Buying and Selling at Crown Castle Inc.
On May 5, 2026, Kevin A. Stephens, a Director, bought 820 shares at an average price of $90.24 for a total of about $73,997. Prior to that, General Counsel Edward B. Adams Jr. sold 4,650 shares at $86.34 on February 25, 2026, totaling approximately $401,481. Officer Robert Sean Collins sold 3,000 shares at $87.49 on February 27, 2026, bringing in about $262,470. Additionally, Collins sold another 1,500 shares on August 7, 2026, at $75.89 for a total of roughly $113,835.
Analysts Set New Price Targets
Analysts have been mixed in their assessments of Crown Castle. On July 24, 2026, Citigroup maintained a Buy rating with a price target of $98.00, while Truist Securities maintained a Hold rating with a target of $87.00 on July 28, 2026. Barclays upgraded its rating to Overweight with a target of $84.00 on August 20, 2026, but JP Morgan downgraded its position to Underweight with an $80.00 target on September 14, 2026. The consensus recommendation for the stock is a buy, with a mean price target of $94.45 from 21 analysts.
About Crown Castle Inc.
Crown Castle Inc. owns, operates, and leases nearly 40,000 cell towers across the United States. This extensive network supports wireless connectivity, enabling access to crucial data and technology for cities and communities. Founded in 1994 and headquartered in Houston, Texas, Crown Castle plays a vital role in modern communication infrastructure.
Bottom Line
Frank, Rimerman Advisors' new stake in Crown Castle reflects continued interest in the REIT sector as the company approaches its next earnings report on October 21, 2026. Keep an eye on further filings and any new analyst ratings as the market evolves. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.
Related Filing Alerts
Source: Frank, Rimerman Advisors's 13F filing on $CCI (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Read the original filing: 13F-HR filing on SEC EDGAR. Written by software, not financial advice. How we make alerts