Jupiter Topco LLC Takes $2.84 Million Position in Essential Properties Realty Trust, Inc. $EPRT

Key Points

• Jupiter Topco LLC acquired 95,022 shares of Essential Properties Realty Trust worth approximately $2.84 million during the second quarter. Other major institutions also initiated positions, with institutional investors now owning 96.98% of the company.
• Essential Properties reported quarterly EPS of $0.34, beating estimates by $0.01, while revenue rose 18.1% year over year to $161.89 million. The company issued fiscal 2026 EPS guidance of $2.01–$2.05.
• EPRT shares opened at $30.03, below the analyst consensus price target of $36.20; the stock carries a consensus “Buy” rating, despite one recent downgrade to “Sell.”

Jupiter Topco LLC purchased a new position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 95,022 shares of the company's stock, valued at approximately $2,838,000.

Other large investors have also made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in Essential Properties Realty Trust during the second quarter valued at approximately $27,008,000. Legal & General Group Plc bought a new stake in Essential Properties Realty Trust during the second quarter worth $39,459,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Essential Properties Realty Trust in the 2nd quarter valued at $3,337,000. Cetera Trust Company N.A acquired a new stake in shares of Essential Properties Realty Trust in the 2nd quarter valued at $245,000. Finally, Cullen Capital Management LLC bought a new position in shares of Essential Properties Realty Trust in the 2nd quarter valued at $213,000. Institutional investors and hedge funds own 96.98% of the company's stock.

Insider Transactions at Essential Properties Realty Trust

In other Essential Properties Realty Trust news, COO Robert M. Jenkins sold 22,000 shares of the company's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $32.22, for a total value of $708,840.00. Following the completion of the transaction, the chief operating officer owned 34,168 shares of the company's stock, valued at $1,100,892.96. This represents a 39.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.77% of the stock is currently owned by insiders.

Essential Properties Realty Trust Stock Performance

NYSE EPRT opened at $30.03 on Thursday. The firm's fifty day moving average price is $31.15 and its two-hundred day moving average price is $31.49. The stock has a market cap of $6.49 billion, a PE ratio of 23.28, a PEG ratio of 2.43 and a beta of 0.85. Essential Properties Realty Trust, Inc. has a fifty-two week low of $28.95 and a fifty-two week high of $34.73. The company has a debt-to-equity ratio of 0.65, a quick ratio of 8.17 and a current ratio of 8.17.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. Essential Properties Realty Trust had a return on equity of 6.34% and a net margin of 43.51%.The company had revenue of $161.89 million during the quarter, compared to analysts' expectations of $156.65 million. During the same period in the prior year, the company earned $0.46 EPS. Essential Properties Realty Trust's revenue was up 18.1% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. On average, equities analysts expect that Essential Properties Realty Trust, Inc. will post 1.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EPRT shares. Wall Street Zen cut Essential Properties Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, August 22nd. Barclays reduced their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 22nd. Weiss Ratings upgraded Essential Properties Realty Trust from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 17th. Wells Fargo & Company boosted their target price on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. Finally, Scotiabank raised Essential Properties Realty Trust from a "sector perform" rating to a "sector outperform" rating and lowered their target price for the stock from $34.00 to $33.00 in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $36.20.

Essential Properties Realty Trust Profile

Essential Properties Realty Trust, Inc NYSE: EPRT is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.

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