Indivisible Partners Makes New $1.47 Million Investment in Broadstone Net Lease, Inc. $BNL

Key Points

• Indivisible Partners opened a new position in Broadstone Net Lease, buying 84,318 shares worth about $1.47 million in the fourth quarter, and institutional investors now own roughly 89.07% of the stock as several large funds increased holdings.
• Analyst sentiment is improving — multiple upgrades and higher targets (Cantor Fitzgerald to $22, UBS to $20, Weiss upgraded) leave a consensus rating of Moderate Buy with an average price target of $20.33.
• Broadstone beat Q1 estimates (EPS $0.24 vs. $0.18; revenue $121.4M vs. $118.8M), set FY2026 guidance of 1.53–1.57 EPS, and announced a quarterly dividend of $0.2925 (annualized $1.17) implying a 5.9% yield despite a 180% payout ratio.

Indivisible Partners bought a new position in Broadstone Net Lease, Inc. (NYSE:BNL - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 84,318 shares of the company's stock, valued at approximately $1,465,000.

Several other hedge funds also recently bought and sold shares of BNL. Royal Bank of Canada raised its holdings in Broadstone Net Lease by 69.9% in the first quarter. Royal Bank of Canada now owns 91,943 shares of the company's stock worth $1,566,000 after purchasing an additional 37,830 shares during the period. AQR Capital Management LLC raised its holdings 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 worth $436,000 after purchasing an additional 8,848 shares during the period. Millennium Management LLC raised its holdings in Broadstone Net Lease by 2.3% in the first quarter. Millennium Management LLC now owns 1,147,372 shares of the company's stock worth $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 holdings in Broadstone Net Lease by 5.8% in 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 worth $21,877,000 after purchasing an additional 70,534 shares during the period. Finally, Jane Street Group LLC raised its holdings in Broadstone Net Lease by 292.3% in 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 during the period. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on BNL shares. Cantor Fitzgerald increased their target price on shares of Broadstone Net Lease from $21.00 to $22.00 and gave the stock an "overweight" rating in a report on Monday. Weiss Ratings upgraded shares of Broadstone Net Lease from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday. Wall Street Zen upgraded shares of Broadstone Net Lease from a "sell" rating to a "hold" rating in a report on Saturday, January 17th. Finally, UBS Group raised their price objective on shares of Broadstone Net Lease from $19.00 to $20.00 and gave the stock a "neutral" rating in a report on Monday, March 9th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Broadstone Net Lease currently has a consensus rating of "Moderate Buy" and an average price target of $20.33.

Broadstone Net Lease Stock Up 1.8%

Shares of NYSE:BNL opened at $19.77 on Wednesday. Broadstone Net Lease, Inc. has a 12 month low of $15.28 and a 12 month high of $20.48. The company's fifty day simple moving average is $19.34 and its 200 day simple moving average is $18.60. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 30.41 and a beta of 0.96.

Broadstone Net Lease (NYSE:BNL - Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.06. The business had revenue of $121.40 million during the quarter, compared to the consensus estimate of $118.84 million. Broadstone Net Lease had a net margin of 27.01% and a return on equity of 4.17%. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. Research analysts expect that Broadstone Net Lease, Inc. will post 1.51 earnings per share for the current fiscal year.

Broadstone Net Lease Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.2925 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.17 dividend on an annualized basis and a yield of 5.9%. Broadstone Net Lease's dividend payout ratio (DPR) is 180.00%.

About Broadstone Net Lease

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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