Fifth Third Bancorp Has $1.28 Million Stock Holdings in Phillips Edison & Company, Inc. $PECO

Fifth Third Bancorp boosted its position in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO) by 4,823.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,216 shares of the company’s stock after acquiring an additional 33,521 shares during the period. Fifth Third Bancorp’s holdings in Phillips Edison & Company, Inc. were worth $1,280,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Phillips Edison & Company, Inc. by 2.3% in the 2nd quarter. State Street Corp now owns 7,349,080 shares of the company’s stock worth $258,169,000 after acquiring an additional 166,108 shares during the period. Wellington Management Group LLP increased its position in shares of Phillips Edison & Company, Inc. by 5.4% during the fourth quarter. Wellington Management Group LLP now owns 6,308,034 shares of the company’s stock valued at $224,377,000 after purchasing an additional 325,215 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Phillips Edison & Company, Inc. by 3.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,322,844 shares of the company’s stock valued at $82,624,000 after purchasing an additional 86,749 shares in the last quarter. Norges Bank acquired a new position in shares of Phillips Edison & Company, Inc. in the fourth quarter valued at $70,850,000. Finally, Balyasny Asset Management L.P. lifted its position in Phillips Edison & Company, Inc. by 191.9% in the third quarter. Balyasny Asset Management L.P. now owns 1,869,618 shares of the company’s stock worth $64,184,000 after purchasing an additional 1,229,186 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. News Roundup

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

• Positive Sentiment: Moody’s revised Phillips Edison & Company’s outlook to positive while affirming its Baa2 senior unsecured rating, which can signal improving credit quality and lower financing-risk concerns. Moody’s Updates Phillips Edison & Company Outlook to Positive
• Positive Sentiment: The company reported Q2 FFO of $0.69 per share, slightly ahead of the Zacks consensus estimate of $0.68, suggesting core operating performance was better than expected for a shopping-center REIT. Phillips Edison & Company, Inc. (PECO) Beats Q2 FFO Estimates
• Neutral Sentiment: Second-quarter revenue of $189.6 million was slightly above expectations, but reported EPS of $0.33 missed consensus by a wide margin versus $0.64 a year ago, highlighting pressure on bottom-line earnings. Phillips Edison & Company Reports Second Quarter 2026 Results
• Neutral Sentiment: The company maintained solid revenue growth, with quarterly revenue up 6.7% year over year, which helps offset concerns about the EPS miss but does not fully remove them. Listen to Conference Call
• Negative Sentiment: Phillips Edison & Company also cut its FY 2026 EPS guidance to $0.95-$0.97, well below the market’s prior expectations, which could weigh on sentiment despite the supportive rating action. Phillips Edison & Company Reports Second Quarter 2026 Results

Phillips Edison & Company, Inc. Stock Up 2.0%

PECO stock opened at $43.53 on Friday. Phillips Edison & Company, Inc. has a twelve month low of $32.84 and a twelve month high of $44.38. The company has a market cap of $5.48 billion, a P/E ratio of 37.85, a price-to-earnings-growth ratio of 2.27 and a beta of 0.52. The business’s fifty day moving average is $41.46 and its 200-day moving average is $39.08.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.35). The company had revenue of $189.62 million for the quarter, compared to analyst estimates of $187.46 million. Phillips Edison & Company, Inc. had a return on equity of 5.56% and a net margin of 19.14%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Research analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 earnings per share for the current fiscal year.

Phillips Edison & Company, Inc. Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 4th. Shareholders of record on Wednesday, July 15th will be paid a $0.1083 dividend. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is presently 141.30%.

Wall Street Analysts Forecast Growth

PECO has been the topic of a number of recent research reports. Evercore reiterated an “outperform” rating and set a $44.00 price target on shares of Phillips Edison & Company, Inc. in a research note on Tuesday, July 7th. LADENBURG THALM/SH SH increased their price objective on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. 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. Morgan Stanley lifted their target price on shares of Phillips Edison & Company, Inc. from $38.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Finally, Weiss Ratings raised shares of Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $44.14.

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.