Focus Partners Advisor Solutions LLC Buys New Shares in NNN REIT, Inc. $NNN

Key Points

• Focus Partners Advisor Solutions acquired 25,043 shares of NNN REIT in the second quarter, valued at approximately $1.17 million. Institutional investors and hedge funds collectively own 89.96% of the company.
• NNN REIT reported quarterly adjusted earnings of $0.52 per share and revenue of $244.27 million, exceeding analyst expectations. The company’s fiscal 2026 EPS guidance is $3.50–$3.54.
• The REIT raised its quarterly dividend to $0.62 per share, representing an annualized payout of $2.48 and a 5.4% yield. Analysts maintain a consensus “Hold” rating with a $47.60 price target.

Focus Partners Advisor Solutions LLC bought a new position in shares of NNN REIT, Inc. (NYSE:NNN - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,043 shares of the real estate investment trust's stock, valued at approximately $1,165,000.

A number of other large investors have also bought and sold shares of the stock. Sound Income Strategies LLC boosted its position in shares of NNN REIT by 1.6% during the 1st quarter. Sound Income Strategies LLC now owns 476,389 shares of the real estate investment trust's stock worth $20,223,000 after purchasing an additional 7,344 shares in the last quarter. SG Americas Securities LLC increased its position in NNN REIT by 798.2% in the 1st quarter. SG Americas Securities LLC now owns 268,872 shares of the real estate investment trust's stock valued at $11,301,000 after buying an additional 238,938 shares in the last quarter. Captrust Financial Advisors raised its stake in NNN REIT by 17.3% during the 3rd quarter. Captrust Financial Advisors now owns 135,241 shares of the real estate investment trust's stock worth $5,757,000 after buying an additional 19,976 shares during the period. Horizon Investments LLC raised its stake in NNN REIT by 65.0% during the 3rd quarter. Horizon Investments LLC now owns 77,022 shares of the real estate investment trust's stock worth $3,230,000 after buying an additional 30,333 shares during the period. Finally, Handelsbanken Fonder AB boosted its holdings in NNN REIT by 1.0% in the fourth quarter. Handelsbanken Fonder AB now owns 67,800 shares of the real estate investment trust's stock worth $2,687,000 after acquiring an additional 700 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

NNN REIT Trading Up 0.0%

Shares of NNN REIT stock opened at $46.01 on Monday. The stock has a fifty day simple moving average of $47.05 and a 200 day simple moving average of $45.02. NNN REIT, Inc. has a 12-month low of $38.90 and a 12-month high of $50.00. The company has a market capitalization of $8.83 billion, a P/E ratio of 22.56, a price-to-earnings-growth ratio of 7.47 and a beta of 0.79. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.12.

NNN REIT (NYSE:NNN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The business had revenue of $244.27 million for the quarter, compared to analysts' expectations of $240.19 million. NNN REIT had a return on equity of 8.70% and a net margin of 40.35%.NNN REIT has set its FY 2026 guidance at 3.500-3.540 EPS. On average, sell-side analysts anticipate that NNN REIT, Inc. will post 3.49 earnings per share for the current fiscal year.

NNN REIT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, July 31st. This is an increase from NNN REIT's previous quarterly dividend of $0.60. This represents a $2.48 dividend on an annualized basis and a dividend yield of 5.4%. NNN REIT's payout ratio is 121.57%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on NNN shares. B. Riley Financial reissued a "neutral" rating and issued a $47.50 price objective (up from $46.00) on shares of NNN REIT in a research note on Wednesday. Robert W. Baird set a $49.00 target price on NNN REIT in a report on Thursday, August 6th. Barclays lifted their price target on shares of NNN REIT from $43.00 to $45.00 and gave the company an "underweight" rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of NNN REIT from a "sell" rating to a "hold" rating in a report on Sunday, June 28th. Finally, Morgan Stanley lowered shares of NNN REIT from an "overweight" rating to an "equal weight" rating and set a $50.00 price objective on the stock. in a research note on Monday, July 20th. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, NNN REIT has a consensus rating of "Hold" and a consensus price target of $47.60.

NNN REIT Profile

NNN REIT NYSE: NNN, formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.

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