Federal Realty Investment Trust (NYSE:FRT) Price Target Raised to $120.00 at Wells Fargo & Company

Key Points

• Wells Fargo raised its price target on Federal Realty to $120 (from $113) and kept an overweight rating, implying roughly a 13.2% upside from the current share price.
• Federal Realty missed Q4 EPS expectations ($1.48 vs. $1.86) while revenue grew 7.8% to $336.1M, and the company set FY2026 guidance of 7.420–7.520 EPS versus analysts' ~7.15 consensus.
• Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $111.60, and institutional investors own about 93.86% of the stock, including a large position by Norges Bank.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) had its price target increased by equities research analysts at Wells Fargo & Company from $113.00 to $120.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the real estate investment trust's stock. Wells Fargo & Company's price objective points to a potential upside of 13.16% from the company's current price.

A number of other research firms have also issued reports on FRT. Stifel Nicolaus raised their price target on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a "hold" rating in a research report on Friday, February 13th. Weiss Ratings downgraded shares of Federal Realty Investment Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, March 13th. Mizuho set a $105.00 target price on shares of Federal Realty Investment Trust in a research report on Friday, January 9th. JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a "neutral" rating to an "overweight" rating and upped their price target for the company from $107.00 to $114.00 in a report on Thursday, December 18th. Finally, Evercore set a $107.00 price objective on Federal Realty Investment Trust in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $111.60.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock traded up $0.49 during trading hours on Thursday, hitting $106.04. 48,276 shares of the stock traded hands, compared to its average volume of 799,514. The firm's 50 day moving average price is $104.93 and its 200-day moving average price is $101.13. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 22.73, a P/E/G ratio of 4.69 and a beta of 0.99. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 year high of $110.89.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The firm had revenue of $336.05 million during the quarter, compared to analysts' expectations of $327.65 million. During the same quarter in the previous year, the business earned $1.73 earnings per share. The company's revenue for the quarter was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Institutional Trading of Federal Realty Investment Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Federal Realty Investment Trust in the fourth quarter worth about $734,290,000. AQR Capital Management LLC increased its stake in shares of Federal Realty Investment Trust by 116.3% in the 4th quarter. AQR Capital Management LLC now owns 1,820,547 shares of the real estate investment trust's stock valued at $183,511,000 after purchasing an additional 979,064 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in Federal Realty Investment Trust during the third quarter worth approximately $51,156,000. GRS Advisors LLC acquired a new stake in Federal Realty Investment Trust in the second quarter valued at approximately $47,517,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Federal Realty Investment Trust by 453.1% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 587,687 shares of the real estate investment trust's stock valued at $59,539,000 after buying an additional 481,427 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust NYSE: FRT is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty's portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.

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