Charles Schwab Investment Management Inc. Raises Stock Position in Essential Properties Realty Trust, Inc. $EPRT

Charles Schwab Investment Management Inc. grew its stake in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 8.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,284,712 shares of the company’s stock after acquiring an additional 267,226 shares during the period. Charles Schwab Investment Management Inc. owned about 1.66% of Essential Properties Realty Trust worth $104,815,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TD Private Client Wealth LLC purchased a new position in Essential Properties Realty Trust in the 2nd quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in Essential Properties Realty Trust in the second quarter valued at $44,000. Headlands Technologies LLC acquired a new stake in Essential Properties Realty Trust in the first quarter valued at $80,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Essential Properties Realty Trust during the 1st quarter valued at about $92,000. Finally, GAMMA Investing LLC raised its position in Essential Properties Realty Trust by 21.5% during the second quarter. GAMMA Investing LLC now owns 5,003 shares of the company’s stock worth $160,000 after acquiring an additional 885 shares during the last quarter. Institutional investors and hedge funds own 96.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Scotiabank increased their price target on shares of Essential Properties Realty Trust from $33.00 to $34.00 and gave the company a “sector perform” rating in a research report on Tuesday. UBS Group upped their target price on Essential Properties Realty Trust from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, August 15th. Berenberg Bank initiated coverage on Essential Properties Realty Trust in a report on Monday, October 13th. They set a “buy” rating and a $36.00 target price on the stock. Mizuho dropped their price target on Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, September 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Friday, October 31st. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Essential Properties Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $35.54.

Essential Properties Realty Trust Stock Up 0.6%

Shares of NYSE EPRT opened at $31.66 on Friday. Essential Properties Realty Trust, Inc. has a 1 year low of $27.44 and a 1 year high of $34.88. The firm’s 50 day moving average price is $30.41 and its 200 day moving average price is $31.01. The firm has a market cap of $6.27 billion, a P/E ratio of 25.53, a price-to-earnings-growth ratio of 2.28 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.66 and a current ratio of 5.66.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, meeting the consensus estimate of $0.48. Essential Properties Realty Trust had a return on equity of 6.38% and a net margin of 45.25%.The company had revenue of $144.93 million during the quarter, compared to the consensus estimate of $140.42 million. During the same period in the previous year, the firm posted $0.43 EPS. Essential Properties Realty Trust’s revenue was up 23.7% on a year-over-year basis. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. As a group, sell-side analysts anticipate that Essential Properties Realty Trust, Inc. will post 1.83 earnings per share for the current year.

Essential Properties Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, September 30th. Essential Properties Realty Trust’s dividend payout ratio is presently 96.77%.

Essential Properties Realty Trust Profile

Essential Properties Realty Trust, Inc, a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.