Corient Private Wealth LP Makes New Investment in NETSTREIT Corp. $NTST

Key Points

• Corient Private Wealth acquired 127,242 NETSTREIT shares worth approximately $2.7 million, while several other major institutions also initiated or increased positions.
• NETSTREIT reported quarterly EPS of $0.06, below the $0.08 consensus estimate, although revenue of $61.28 million exceeded expectations. Management set fiscal 2026 EPS guidance at $1.37–$1.39.
• The company declared a quarterly dividend of $0.225, equivalent to a 4.4% annualized yield, while analysts maintained a “Moderate Buy” consensus with an average price target of $23.19 versus the reported $20.47 share price.

Corient Private Wealth LP acquired a new position in shares of NETSTREIT Corp. (NYSE:NTST - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 127,242 shares of the company's stock, valued at approximately $2,689,000. Corient Private Wealth LP owned 0.13% of NETSTREIT as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of NTST. BlackRock Inc. acquired a new position in shares of NETSTREIT during the second quarter valued at about $404,780,000. Bank of America Corp DE bought a new position in shares of NETSTREIT during the 2nd quarter worth about $63,046,000. Alyeska Investment Group L.P. grew its stake in shares of NETSTREIT by 171.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company's stock valued at $71,040,000 after buying an additional 2,544,458 shares during the period. Deutsche Bank AG acquired a new stake in shares of NETSTREIT in the 2nd quarter valued at about $44,589,000. Finally, Millennium Management LLC increased its position in NETSTREIT by 88.8% in the 3rd quarter. Millennium Management LLC now owns 3,790,130 shares of the company's stock valued at $68,450,000 after buying an additional 1,782,158 shares in the last quarter.

Insiders Place Their Bets

In other news, CEO Mark Manheimer acquired 5,000 shares of the business's stock in a transaction on Thursday, June 18th. The shares were purchased at an average cost of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer directly owned 415,260 shares of the company's stock, valued at $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.66% of the company's stock.

NETSTREIT Price Performance

Shares of NYSE NTST opened at $20.47 on Wednesday. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 136.47, a PEG ratio of 2.63 and a beta of 0.80. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The firm's 50-day simple moving average is $21.16 and its 200 day simple moving average is $20.49.

NETSTREIT (NYSE:NTST - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.02). The company had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, research analysts anticipate that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT's dividend payout ratio is presently 586.67%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. UBS Group set a $22.00 price target on NETSTREIT in a research note on Thursday, June 18th. Weiss Ratings reissued a "hold (c+)" rating on shares of NETSTREIT in a research note on Friday, August 7th. BTIG Research upped their target price on NETSTREIT from $22.00 to $24.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Scotiabank cut their target price on NETSTREIT from $23.00 to $22.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $25.00 price target on shares of NETSTREIT in a research report on Wednesday, July 29th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $23.19.

About NETSTREIT

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.

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