Public Employees Retirement System of Ohio Acquires Shares of 144,937 Phillips Edison & Company, Inc. $PECO

Key Points

• Public Employees Retirement System of Ohio acquired 144,937 PECO shares worth approximately $6.03 million, representing about 0.11% of Phillips Edison & Company. Institutional investors collectively own 80.7% of the stock.
• Phillips Edison raised its monthly dividend by 6.2% to $0.115 per share, equivalent to $1.38 annually and a yield of roughly 3.5%. Analysts maintain a consensus “Hold” rating with an average price target of $44.33.
• PECO reported quarterly revenue of $189.62 million, ahead of expectations, but EPS of $0.33 missed the $0.68 consensus estimate. The stock recently traded at $39.21, while fiscal 2026 EPS guidance remains $0.95–$0.97.

Public Employees Retirement System of Ohio acquired a new stake in Phillips Edison & Company, Inc. (NASDAQ:PECO - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 144,937 shares of the company's stock, valued at approximately $6,032,000. Public Employees Retirement System of Ohio owned approximately 0.11% of Phillips Edison & Company, Inc. at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PECO. Western Wealth Management LLC purchased a new position in Phillips Edison & Company, Inc. in the first quarter valued at $29,000. CX Institutional lifted its holdings in Phillips Edison & Company, Inc. by 115.5% during the 2nd quarter. CX Institutional now owns 724 shares of the company's stock worth $30,000 after buying an additional 388 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in Phillips Edison & Company, Inc. by 55.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,053 shares of the company's stock worth $37,000 after buying an additional 376 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Phillips Edison & Company, Inc. by 143.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,140 shares of the company's stock worth $41,000 after acquiring an additional 672 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Phillips Edison & Company, Inc. during the 3rd quarter worth about $43,000. 80.70% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Phillips Edison & Company, Inc.

Here are the key news stories impacting Phillips Edison & Company, Inc. this week:

• Positive Sentiment: PECO’s board approved a 6.2% increase in the monthly dividend, from $0.11 to $0.115 per share. The new rate equates to $1.38 annually and a dividend yield of approximately 3.5% based on the recently cited share price. Phillips Edison & Company Raises Monthly Dividend
• Positive Sentiment: The dividend will be paid monthly on October 1, November 3, and December 1, 2026. Record dates are September 15, October 15, and November 16, respectively. The increase signals management’s continued confidence in cash generation and its commitment to returning capital to shareholders. Phillips Edison Boosts Monthly Dividend, Highlights Shareholder Focus
• Neutral Sentiment: Additional coverage repeated the dividend declaration and compared PECO with Frasers Centrepoint Trust, but provided no material new operating or financial information likely to change the investment outlook. Contrasting Frasers Centrepoint Trust and Phillips Edison

Wall Street Analysts Forecast Growth

PECO has been the topic of several research analyst reports. Weiss Ratings raised Phillips Edison & Company, Inc. from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, July 23rd. UBS Group increased their price target on shares of Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Morgan Stanley raised their price objective on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the stock an "equal weight" rating in a report on Friday, July 10th. LADENBURG THALM/SH SH boosted their price objective on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Tuesday, June 16th. Finally, Wells Fargo & Company lowered their target price on shares of Phillips Edison & Company, Inc. from $47.00 to $43.00 and set an "equal weight" rating for the company in a report on Tuesday. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $44.33.

Phillips Edison & Company, Inc. Stock Performance

Phillips Edison & Company, Inc. stock opened at $39.21 on Thursday. Phillips Edison & Company, Inc. has a fifty-two week low of $32.98 and a fifty-two week high of $44.38. The company has a market capitalization of $5.05 billion, a P/E ratio of 34.10, a PEG ratio of 2.01 and a beta of 0.50. The stock has a 50-day simple moving average of $41.39 and a 200-day simple moving average of $39.99.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.35). The firm had revenue of $189.62 million for the quarter, compared to analysts' expectations of $187.46 million. Phillips Edison & Company, Inc. had a return on equity of 5.52% and a net margin of 19.14%.The company's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.64 EPS. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. As a group, analysts forecast that Phillips Edison & Company, Inc. will post 2.77 earnings per share for the current year.

Phillips Edison & Company, Inc. Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be given a dividend of $0.115 per share. The ex-dividend date is Monday, November 16th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. Phillips Edison & Company, Inc.'s dividend payout ratio (DPR) is 113.04%.

About Phillips Edison & Company, Inc.

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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