Investor s Fiduciary Advisor Network LLC Takes Position in NNN REIT, Inc. $NNN

Key Points

• Investor’s Fiduciary Advisor Network acquired 47,377 shares of NNN REIT during the second quarter, valued at approximately $2.2 million. Institutional investors collectively own nearly 90% of the company.
• NNN REIT reported quarterly earnings of $0.52 per share and revenue of $244.27 million, exceeding analysts’ estimates. The company guided for fiscal 2026 EPS of $3.50 to $3.54.
• The REIT raised its quarterly dividend to $0.62 per share, representing a 5.4% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $47.60, compared with a recent share price of $45.83.

Investor s Fiduciary Advisor Network LLC acquired a new position in NNN REIT, Inc. (NYSE:NNN - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 47,377 shares of the real estate investment trust's stock, valued at approximately $2,204,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Deutsche Bank AG purchased a new position in NNN REIT in the 2nd quarter worth approximately $19,961,000. Focus Partners Advisor Solutions LLC bought a new stake in NNN REIT in the second quarter valued at approximately $1,165,000. Orographic Financial Advisors LLC purchased a new stake in shares of NNN REIT during the first quarter valued at approximately $1,255,000. BlackRock Inc. purchased a new stake in shares of NNN REIT during the second quarter valued at approximately $1,242,752,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of NNN REIT in the second quarter worth approximately $7,590,000. Institutional investors own 89.96% of the company's stock.

NNN REIT Price Performance

NNN opened at $45.83 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market capitalization of $8.80 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 7.41 and a beta of 0.79. The stock's 50 day moving average price is $47.05 and its 200-day moving average price is $45.17. NNN REIT, Inc. has a 52-week low of $38.90 and a 52-week high of $50.00.

NNN REIT (NYSE:NNN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.01. The company had revenue of $244.27 million during the quarter, compared to analyst estimates 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, equities research analysts predict that NNN REIT, Inc. will post 3.5 EPS for the current year.

NNN REIT Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were given a $0.62 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $2.48 annualized dividend and a dividend yield of 5.4%. This is a positive change from NNN REIT's previous quarterly dividend of $0.60. NNN REIT's dividend payout ratio is 121.57%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of NNN REIT from $45.00 to $49.00 and gave the company an "equal weight" rating in a report on Wednesday, July 15th. Robert W. Baird set a $49.00 price target on shares of NNN REIT in a report on Thursday, August 6th. Royal Bank Of Canada raised their price target on shares of NNN REIT from $44.00 to $47.00 and gave the stock a "sector perform" rating in a report on Thursday, August 6th. Jefferies Financial Group assumed coverage on shares of NNN REIT in a research report on Monday, June 1st. They issued a "hold" rating and a $47.00 price objective on the stock. Finally, Wall Street Zen raised shares of NNN REIT from a "sell" rating to a "hold" rating in a research note on Sunday, June 28th. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $47.60.

NNN REIT Company 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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