Sumitomo Mitsui Trust Group Inc. Buys 43,685 Shares of Federal Realty Investment Trust $FRT

Key Points

• Sumitomo Mitsui Trust Group raised its stake in Federal Realty Investment Trust by 11.1%, buying 43,685 shares to hold 436,018 shares (about 0.51% of the company) valued at roughly $43.95 million at quarter end.
• Federal Realty reported a quarterly EPS miss ($1.48 vs. est. $1.86) but beat revenue estimates and set FY2026 guidance of 7.420–7.520 EPS, with analysts holding a consensus "Moderate Buy" and a $112.43 average price target.
• The company pays a quarterly dividend of $1.13 (annualized $4.52, ~4.1% yield) but carries a high payout ratio of about 96.8%.

Sumitomo Mitsui Trust Group Inc. lifted its stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 11.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 436,018 shares of the real estate investment trust's stock after purchasing an additional 43,685 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.51% of Federal Realty Investment Trust worth $43,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. True Wealth Design LLC boosted its position in shares of Federal Realty Investment Trust by 88.7% in the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 126 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth $35,000. Quent Capital LLC bought a new position in shares of Federal Realty Investment Trust in the 3rd quarter worth $39,000. Hantz Financial Services Inc. lifted its holdings in Federal Realty Investment Trust by 1,148.5% during the third quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust's stock worth $42,000 after acquiring an additional 379 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its holdings in Federal Realty Investment Trust by 87.4% during the third quarter. Brown Brothers Harriman & Co. now owns 491 shares of the real estate investment trust's stock worth $50,000 after acquiring an additional 229 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on FRT shares. Weiss Ratings upgraded Federal Realty Investment Trust from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 30th. Mizuho set a $105.00 target price on Federal Realty Investment Trust in a report on Friday, January 9th. Wall Street Zen upgraded Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a report on Saturday, December 27th. Barclays reduced their target price on Federal Realty Investment Trust from $109.00 to $107.00 and set an "equal weight" rating on the stock in a report on Monday. Finally, Stifel Nicolaus lifted their target price on Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a "hold" rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $112.43.

Federal Realty Investment Trust Stock Performance

FRT stock opened at $110.09 on Thursday. The business's 50-day moving average price is $106.67 and its two-hundred day moving average price is $101.94. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.57. The firm has a market cap of $9.51 billion, a PE ratio of 23.57, a P/E/G ratio of 4.84 and a beta of 0.98. Federal Realty Investment Trust has a 1-year low of $89.99 and a 1-year high of $110.89.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.86 by ($0.38). The firm had revenue of $336.05 million during the quarter, compared to the consensus estimate of $327.65 million. Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.73 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, research analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 1st. Federal Realty Investment Trust's payout ratio is 96.79%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust NYSE: FRT is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty's portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.

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