1,077,936 Shares in Alexandria Real Estate Equities, Inc. $ARE Acquired by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 1,077,936 shares of Alexandria Real Estate Equities in the second quarter, valued at approximately $57 million and representing about 0.62% of the REIT.
• Alexandria reported quarterly EPS of -$0.43, missing the $0.09 consensus estimate, while revenue reached $662.78 million and declined 13% year over year. The company maintained FY 2026 EPS guidance of $6.35–$6.45.
• The REIT pays a quarterly dividend of $0.72 per share, or $2.88 annually, for a 5.5% yield. Analysts maintain a broadly cautious outlook, with an average “Reduce” rating and a $52.85 price target.

Canada Pension Plan Investment Board purchased a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,077,936 shares of the real estate investment trust's stock, valued at approximately $56,969,000. Canada Pension Plan Investment Board owned approximately 0.62% of Alexandria Real Estate Equities at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of ARE. Legal & General Group Plc acquired a new position in Alexandria Real Estate Equities in the second quarter worth $76,647,000. The Manufacturers Life Insurance Company bought a new stake in shares of Alexandria Real Estate Equities during the second quarter worth $7,213,000. Cetera Trust Company N.A acquired a new stake in shares of Alexandria Real Estate Equities in the second quarter valued at $94,000. Algert Global LLC increased its stake in shares of Alexandria Real Estate Equities by 38.8% in the second quarter. Algert Global LLC now owns 144,310 shares of the real estate investment trust's stock valued at $7,627,000 after buying an additional 40,320 shares in the last quarter. Finally, Cibc World Market Inc. bought a new position in shares of Alexandria Real Estate Equities in the second quarter valued at about $3,171,000. Institutional investors own 96.54% of the company's stock.

Alexandria Real Estate Equities Trading Down 1.2%

ARE stock opened at $52.32 on Friday. The company has a market cap of $9.12 billion, a P/E ratio of -8.63 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a twelve month low of $39.41 and a twelve month high of $88.24. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. The business has a fifty day moving average of $50.73 and a 200-day moving average of $49.54.

Alexandria Real Estate Equities (NYSE:ARE - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.52). The firm had revenue of $662.78 million for the quarter, compared to analyst estimates of $464.86 million. Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The company's revenue was down 13.0% compared to the same quarter last year. During the same period last year, the company earned $2.33 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. As a group, equities research analysts expect that Alexandria Real Estate Equities, Inc. will post 6.39 EPS for the current year.

Alexandria Real Estate Equities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.72 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a yield of 5.5%. Alexandria Real Estate Equities's dividend payout ratio is presently -47.52%.

Insider Activity

In other news, CFO Marc E. Binda sold 2,000 shares of the firm's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total value of $108,000.00. Following the transaction, the chief financial officer owned 188,264 shares of the company's stock, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Joel S. Marcus purchased 5,000 shares of the stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of $46.28 per share, with a total value of $231,400.00. Following the transaction, the chairman owned 592,724 shares in the company, valued at $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.35% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Citigroup upped their price target on shares of Alexandria Real Estate Equities from $42.00 to $50.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. BMO Capital Markets raised their price objective on shares of Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a "market perform" rating in a research report on Friday, June 12th. BNP Paribas Exane boosted their target price on shares of Alexandria Real Estate Equities from $45.00 to $48.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 5th. Robert W. Baird upped their target price on shares of Alexandria Real Estate Equities from $46.00 to $52.00 and gave the stock a "neutral" rating in a research report on Monday. Finally, Evercore reissued an "outperform" rating and set a $57.00 price target on shares of Alexandria Real Estate Equities in a research note on Monday, August 17th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Reduce" and an average price target of $52.85.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc NYSE: ARE is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company's properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.

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