Impax Asset Management Group plc Purchases 120,000 Shares of Agree Realty Corporation $ADC

Impax Asset Management Group plc grew its position in shares of Agree Realty Corporation (NYSE:ADC) by 150.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the real estate investment trust’s stock after purchasing an additional 120,000 shares during the period. Impax Asset Management Group plc owned approximately 0.17% of Agree Realty worth $14,208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADC. Westside Investment Management Inc. boosted its stake in Agree Realty by 100.0% during the third quarter. Westside Investment Management Inc. now owns 430 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 215 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of Agree Realty by 1,513.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 484 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 454 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Agree Realty by 158.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 580 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 356 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Agree Realty by 47.6% during the third quarter. Versant Capital Management Inc now owns 775 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 250 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Agree Realty by 114.7% in the third quarter. Farther Finance Advisors LLC now owns 818 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 437 shares during the last quarter. Hedge funds and other institutional investors own 97.83% of the company’s stock.

Agree Realty News Roundup

Here are the key news stories impacting Agree Realty this week:

• Positive Sentiment: Management raised its FY2026 EPS outlook sharply (guidance range ~4.54–4.58 vs. street ~2.93), signaling confidence in earnings power and accelerating growth drivers — a key catalyst for investor optimism. Agree Realty Corporation Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Q4 results beat expectations: FFO and EPS were modestly ahead, revenue rose ~18.5% YoY to ~$190.5M, and FFO per share improved year-over-year — supporting the stronger guidance. Agree Realty (ADC) Q4 FFO and Revenues Top Estimates
• Positive Sentiment: Active external growth: the company deployed ~ $377M in 94 net-lease retail properties and kicked off multiple development projects / developer-funded deals — showing the pipeline for future rent/FFO growth. Agree Realty Corporation Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Analyst and media takes frame the quarter as confirming an “acceleration” story and a confident 2026 outlook — useful context but incremental to the company’s own guidance. Agree Realty’s Q4 Confirms Acceleration Signal
• Neutral Sentiment: Full earnings call and transcripts/slides are available for review if you want the management detail on leasing, development margins and capital allocation. Agree Realty (ADC) Q4 2025 Earnings Transcript
• Negative Sentiment: Valuation and liquidity metrics remain a consideration: ADC trades at a relatively high P/E (~45) and shows a low current/quick ratio (~0.68), which increases sensitivity to interest-rate moves and execution risk on development/leasing. Investors should weigh growth vs. valuation and balance-sheet liquidity. NYSE:ADC Market Data

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ADC shares. Royal Bank Of Canada dropped their target price on shares of Agree Realty from $80.00 to $79.00 and set an “outperform” rating for the company in a research report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Agree Realty in a report on Wednesday, January 21st. Mizuho cut their target price on shares of Agree Realty from $77.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Stifel Nicolaus raised their price target on Agree Realty from $83.50 to $84.50 and gave the company a “buy” rating in a research report on Wednesday. Finally, Barclays lifted their price target on Agree Realty from $77.00 to $78.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 3rd. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.32.

Agree Realty Stock Up 0.3%

Shares of NYSE:ADC opened at $76.73 on Thursday. The stock has a market capitalization of $8.82 billion, a P/E ratio of 43.35, a price-to-earnings-growth ratio of 2.71 and a beta of 0.54. The stock’s 50-day moving average price is $72.48 and its 200-day moving average price is $72.80. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. Agree Realty Corporation has a 12-month low of $68.98 and a 12-month high of $79.65.

Agree Realty Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.262 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, February 27th. Agree Realty’s dividend payout ratio is 183.63%.

Insider Transactions at Agree Realty

In other news, Director John Rakolta, Jr. bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were bought at an average cost of $72.18 per share, with a total value of $1,082,700.00. Following the completion of the purchase, the director directly owned 562,606 shares in the company, valued at $40,608,901.08. This represents a 2.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Richard Agree purchased 24,000 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were purchased at an average price of $70.67 per share, with a total value of $1,696,080.00. Following the completion of the acquisition, the chairman directly owned 159,855 shares in the company, valued at $11,296,952.85. The trade was a 17.67% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 39,500 shares of company stock worth $2,813,680. Insiders own 1.80% of the company’s stock.

Agree Realty Company Profile

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.

Agree Realty’s primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs.