Eagle Capital Management Reduces $2M in Charter Communications, Inc. ($CHTR)
Eagle Capital Management trimmed its Charter Communications holdings by 10.2% in its latest 13F filing.
Key Points
- Eagle Capital Management reduced its Charter Communications stake by 17,042 shares, a 10.2% decrease, leaving it with 149,460 shares valued at $20.8 million.
- Charter Communications, trading at $139.14, has a market cap of approximately $20.6 billion and a P/E ratio of 3.95.
- Other institutional investors like Dodge & Cox and State Street Corp adjusted their holdings in Charter Communications as well.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Eagle Capital Management has reduced its stake in Charter Communications, Inc. (NasdaqGS: CHTR) by 17,042 shares, according to its latest Form 13F filing with the SEC. This 10.2% reduction leaves Eagle Capital with 149,460 shares valued at approximately $20.8 million as of the reporting period.
What Changed in Eagle Capital Management's Charter Communications Position
Eagle Capital Management trimmed its holdings in Charter Communications, moving from 166,502 shares to 149,460 shares, a decrease of 17,042 shares. This represents a 10.2% reduction in its position, reflecting a strategic adjustment in its investment portfolio. The value of Eagle's remaining stake is about $20.8 million.
Other Institutional Activity in Charter Communications
Several other institutional investors also made adjustments to their Charter Communications holdings. Dodge & Cox increased its holdings by 17,989 shares, bringing its total to 14,627,209 shares worth approximately $3.16 billion. State Street Corp added 1,617,858 shares, now holding 8,194,729 shares valued at around $1.77 billion. Meanwhile, BlackRock, Inc. increased its position by 72,764 shares, ending with 6,989,823 shares valued at about $1.51 billion. Conversely, Harris Associates L.P. reduced its stake by 355,779 shares, now holding 3,989,043 shares worth approximately $861.2 million.
Charter Communications, Inc. Stock Down 9.4%
Shares of Charter Communications (NasdaqGS: CHTR) are trading around $139.14. The company boasts a market cap of roughly $20.6 billion and a P/E ratio of 3.95. Its stock has a 52-week low of $126.7 and a high of $422.29, with a 50-day moving average of $174.35 and a 200-day moving average of $214.82. Charter's beta is 0.707, indicating lower volatility compared to the broader market.
$CHTR stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Charter Communications reported revenues of approximately $54.64 billion, with a slight revenue decline of 1%. The company has a net margin of 9% and a return on equity of 27.5%. Charter's next earnings release is scheduled for April 24, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
4 target cuts vs 0 raises.
-
EPS & revenue
EPS missed estimates by 11.8%. Revenue missed estimates by 1.7%.
-
Profit surprise
EBITDA missed by 22 percent. Operating income missed by 2 percent.
-
Pre-earnings setup
Bar was low, analysts cautious going in.
-
Analyst signal
4 target cuts.
-
Earnings quality
Gross margin down 6.5 points. Operating margin down 0.9 points. Positive free cash flow.
Earnings Call Summary
Charter added 370,000 mobile lines and cut video losses to 60,000 from 181,000 a year ago by improving products. But broadband lost 120,000 customers as competition from fiber and fixed wireless access tightened. Total revenue fell 1 percent to $13.6 billion, and adjusted EBITDA dropped 2.2 percent due to heavy mobile costs and lower video revenue.
Guidance Charter plans to grow EBITDA slightly in 2026 and expects capital spending around 11 billion dollars. After network upgrades finish, spending should drop below 8 billion dollars yearly. They still need California approval to close the Cox deal, expected in summer.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Insider Buying and Selling at Charter Communications, Inc.
Recent insider activity at Charter Communications includes Liberty Broadband Corp selling 31,315 shares on June 11, 2026. Thomas Rutledge sold 18,200 shares on May 27, 2026, and 69,633 shares on May 26, 2026. On the buying side, Jamal Haughton, EVP/General Counsel/Corp Secretary, purchased 8,972 shares on May 15, 2026.
Analysts Set New Price Targets
On June 12, 2026, Freedom Broker initiated coverage on Charter Communications with a 'hold' rating and a price target of $167. JP Morgan reinstated its 'hold' rating with a $215 target on April 29, 2026. Citigroup maintained a 'buy' rating with a $230 target on April 28, 2026. RBC Capital also maintained its 'hold' rating with a $220 target on April 27, 2026. The consensus among 16 analysts suggests a mean target price of $243.69.
About Charter Communications
Charter Communications, Inc., headquartered in Stamford, Connecticut, is a leading broadband connectivity company in the United States. The company provides a range of services, including internet, mobile, video, and voice services under the Spectrum brand. It also offers advanced WiFi and managed WiFi services, as well as advertising services on various platforms. Charter was founded in 1993 and is led by CEO Christopher L. Winfrey.
Bottom Line
Eagle Capital Management's decision to reduce its stake in Charter Communications is part of its portfolio adjustment strategy. Investors closely monitor these filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not reflect current positions. Charter Communications continues to attract attention from both institutional investors and analysts, given its significant role in the telecom services industry.
Get Charter Communications, Inc. alerts
New 13F filings, insider trades, and analyst moves on $CHTR, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.