Fisher Asset Management LLC Sells 98,415 Shares of LXP Industrial Trust $LXP

Key Points

• Fisher Asset Management trimmed its stake in LXP Industrial Trust by 5.6% in Q3, selling 98,415 shares and now holding 1,645,302 shares (about 0.56% of the company) valued at roughly $14.74 million.
• Institutional ownership remains high at 93.52%, with other large managers repositioning—e.g., Lasalle increased its holding to 9,756,056 shares (up 6.3%) and Intech grew its stake by 21.9%.
• Analysts are split but lean positive with a consensus "Moderate Buy" and an average price target of $52.13; LXP missed quarterly EPS ($0.79 vs. $0.85 estimate) but provided FY2026 guidance of 3.220–3.370 EPS.

Fisher Asset Management LLC trimmed its holdings in LXP Industrial Trust (NYSE:LXP - Free Report) by 5.6% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,645,302 shares of the real estate investment trust's stock after selling 98,415 shares during the quarter. Fisher Asset Management LLC owned about 0.56% of LXP Industrial Trust worth $14,742,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of LXP. Lasalle Investment Management Securities LLC boosted its holdings in shares of LXP Industrial Trust by 6.3% during the 3rd quarter. Lasalle Investment Management Securities LLC now owns 9,756,056 shares of the real estate investment trust's stock valued at $87,414,000 after acquiring an additional 578,169 shares during the last quarter. Xponance Inc. lifted its position in LXP Industrial Trust by 0.9% during the third quarter. Xponance Inc. now owns 24,780 shares of the real estate investment trust's stock valued at $222,000 after purchasing an additional 216 shares during the period. Choreo LLC boosted its holdings in LXP Industrial Trust by 3.0% in the third quarter. Choreo LLC now owns 29,751 shares of the real estate investment trust's stock worth $271,000 after purchasing an additional 854 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in LXP Industrial Trust by 4.2% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 222,967 shares of the real estate investment trust's stock worth $1,998,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in LXP Industrial Trust by 21.9% in the 3rd quarter. Intech Investment Management LLC now owns 224,336 shares of the real estate investment trust's stock worth $2,010,000 after purchasing an additional 40,230 shares during the period. Hedge funds and other institutional investors own 93.52% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on LXP shares. Weiss Ratings cut LXP Industrial Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Evercore set a $51.00 price objective on LXP Industrial Trust in a research report on Friday, February 13th. Citigroup reissued an "outperform" rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Finally, KeyCorp downgraded LXP Industrial Trust from an "overweight" rating to a "sector weight" rating in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $52.13.

LXP Industrial Trust Stock Performance

NYSE:LXP opened at $49.32 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.24 and a current ratio of 0.24. The stock has a 50-day simple moving average of $49.71 and a two-hundred day simple moving average of $47.59. The firm has a market capitalization of $2.91 billion, a PE ratio of 27.25 and a beta of 1.09. LXP Industrial Trust has a 52-week low of $34.25 and a 52-week high of $52.52.

LXP Industrial Trust (NYSE:LXP - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.06). The company had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. LXP Industrial Trust had a return on equity of 5.70% and a net margin of 32.27%.The firm's quarterly revenue was down 14.0% compared to the same quarter last year. During the same period last year, the business earned $0.16 EPS. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current year.

About LXP Industrial Trust

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company's portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm's primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.

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