Deutsche Bank AG Buys New Stake in Broadstone Net Lease, Inc. $BNL

Key Points

• Deutsche Bank acquired 279,117 shares of Broadstone Net Lease in the second quarter, worth approximately $5.8 million, while institutional investors collectively own 89.07% of the company.
• Broadstone Net Lease reported quarterly EPS of $0.21, beating estimates by $0.02, and issued fiscal 2026 EPS guidance of $1.55–$1.57. Analysts maintain a “Moderate Buy” consensus with an average price target of $22.78.
• The company declared a quarterly dividend of $0.2925 per share, equivalent to $1.17 annually and a 5.5% yield; director Richard Imperiale also purchased 5,000 shares.

Deutsche Bank AG purchased a new position in shares of Broadstone Net Lease, Inc. (NYSE:BNL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 279,117 shares of the company's stock, valued at approximately $5,769,000. Deutsche Bank AG owned 0.15% of Broadstone Net Lease at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Broadstone Net Lease by 69.9% during the 1st quarter. Royal Bank of Canada now owns 91,943 shares of the company's stock valued at $1,566,000 after buying an additional 37,830 shares during the period. AQR Capital Management LLC grew its position in Broadstone Net Lease by 52.8% in the first quarter. AQR Capital Management LLC now owns 25,599 shares of the company's stock valued at $436,000 after acquiring an additional 8,848 shares in the last quarter. Millennium Management LLC raised its stake in shares of Broadstone Net Lease by 2.3% during the first quarter. Millennium Management LLC now owns 1,147,372 shares of the company's stock valued at $19,551,000 after purchasing an additional 25,944 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Broadstone Net Lease by 5.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,283,889 shares of the company's stock valued at $21,877,000 after purchasing an additional 70,534 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of Broadstone Net Lease by 292.3% during the first quarter. Jane Street Group LLC now owns 553,738 shares of the company's stock worth $9,436,000 after purchasing an additional 412,604 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Broadstone Net Lease Stock Up 0.4%

Shares of NYSE BNL opened at $21.20 on Tuesday. The stock's 50 day moving average price is $21.44 and its two-hundred day moving average price is $20.28. Broadstone Net Lease, Inc. has a 52-week low of $17.16 and a 52-week high of $23.10. The stock has a market capitalization of $4.07 billion, a P/E ratio of 27.90 and a beta of 0.92.

Broadstone Net Lease (NYSE:BNL - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. The company had revenue of $122.31 million during the quarter, compared to analyst estimates of $121.63 million. Broadstone Net Lease had a return on equity of 4.83% and a net margin of 30.61%.Broadstone Net Lease has set its FY 2026 guidance at 1.550-1.570 EPS. On average, analysts anticipate that Broadstone Net Lease, Inc. will post 1.53 EPS for the current year.

Broadstone Net Lease Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.2925 dividend. This represents a $1.17 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Broadstone Net Lease's payout ratio is currently 153.95%.

Insiders Place Their Bets

In other Broadstone Net Lease news, Director Richard P. Imperiale bought 5,000 shares of the company's stock in a transaction on Thursday, August 20th. The shares were bought at an average cost of $21.22 per share, with a total value of $106,100.00. Following the completion of the acquisition, the director owned 26,250 shares of the company's stock, valued at approximately $557,025. This trade represents a 23.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.02% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BNL. Truist Financial set a $22.00 target price on shares of Broadstone Net Lease in a research note on Monday, June 8th. Cantor Fitzgerald lifted their price target on shares of Broadstone Net Lease from $22.00 to $24.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Weiss Ratings reiterated a "buy (b)" rating on shares of Broadstone Net Lease in a report on Friday, July 31st. BMO Capital Markets upped their price objective on shares of Broadstone Net Lease from $24.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, July 10th. Finally, KeyCorp upped their price objective on shares of Broadstone Net Lease from $20.00 to $24.00 and gave the company an "overweight" rating in a research report on Thursday, July 9th. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $22.78.

Broadstone Net Lease Profile

Broadstone Net Lease, Inc NYSE: BNL is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.

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