Phillips Edison & Company, Inc. $PECO Shares Purchased by First Trust Advisors LP

Key Points

• First Trust Advisors LP increased its PECO stake by 210.6% in the first quarter, owning 119,885 shares worth approximately $4.49 million. Institutional investors and hedge funds collectively hold 80.7% of the company.
• Phillips Edison reported quarterly EPS of $0.33, missing the $0.68 consensus estimate, while revenue rose 6.7% year over year to $189.62 million. The company issued fiscal 2026 EPS guidance of $0.95–$0.97.
• PECO declared a monthly dividend of $0.1083 per share, representing a 3.1% annualized yield. Analysts maintain an overall “Hold” rating, with an average price target of $44.67 versus the stock’s reported price of $41.61.

First Trust Advisors LP boosted its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO - Free Report) by 210.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,885 shares of the company's stock after acquiring an additional 81,293 shares during the quarter. First Trust Advisors LP owned about 0.10% of Phillips Edison & Company, Inc. worth $4,486,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Verition Fund Management LLC raised its position in shares of Phillips Edison & Company, Inc. by 2,343.2% in the 4th quarter. Verition Fund Management LLC now owns 513,076 shares of the company's stock valued at $18,250,000 after purchasing an additional 492,076 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of Phillips Edison & Company, Inc. by 33.5% in the fourth quarter. Hsbc Holdings PLC now owns 248,985 shares of the company's stock worth $8,856,000 after buying an additional 62,523 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Phillips Edison & Company, Inc. in the fourth quarter worth $27,133,000. Kennedy Capital Management LLC raised its holdings in Phillips Edison & Company, Inc. by 20.2% in the fourth quarter. Kennedy Capital Management LLC now owns 349,583 shares of the company's stock valued at $12,435,000 after acquiring an additional 58,868 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Phillips Edison & Company, Inc. by 4,823.2% in the first quarter. Fifth Third Bancorp now owns 34,216 shares of the company's stock valued at $1,280,000 after acquiring an additional 33,521 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company's stock.

Phillips Edison & Company, Inc. Price Performance

PECO opened at $41.61 on Wednesday. The stock has a market cap of $5.36 billion, a P/E ratio of 36.18, a P/E/G ratio of 2.19 and a beta of 0.52. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $44.38. The stock's 50 day moving average price is $41.78 and its 200 day moving average price is $39.48.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The company had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. During the same quarter last year, the business earned $0.64 earnings per share. The company's revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Equities analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 EPS for the current year.

Phillips Edison & Company, Inc. Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Wednesday, July 15th were given a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, July 15th. Phillips Edison & Company, Inc.'s dividend payout ratio is 113.04%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $47.00 and gave the stock an "equal weight" rating in a report on Thursday, July 23rd. Barclays increased their price target on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 12th. UBS Group lifted their price target on Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. boosted their price objective on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the company a "neutral" rating in a report on Tuesday. Finally, Evercore restated an "outperform" rating and set a $44.00 price objective on shares of Phillips Edison & Company, Inc. in a research note on Tuesday, July 7th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Phillips Edison & Company, Inc. has an average rating of "Hold" and an average price target of $44.67.

Phillips Edison & Company, Inc. Company Profile

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company's investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

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