Bank of New York Mellon Corp Sells 22,885 Shares of Phillips Edison & Company, Inc. $PECO

Posted by ABMN Staff on Jul 27th, 2026

Bank of New York Mellon Corp lowered its holdings in shares of Phillips Edison & Company, Inc. (NASDAQ:PECO – Free Report) by 2.4% during the first quarter, Holdings Channel reports. The institutional investor owned 942,612 shares of the company’s stock after selling 22,885 shares during the quarter. Bank of New York Mellon Corp’s holdings in Phillips Edison & Company, Inc. were worth $35,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Blair William & Co. IL raised its stake in shares of Phillips Edison & Company, Inc. by 2.6% in the 4th quarter. Blair William & Co. IL now owns 11,011 shares of the company’s stock valued at $392,000 after buying an additional 276 shares in the last quarter. Allworth Financial LP boosted its position in shares of Phillips Edison & Company, Inc. by 4.1% during the 4th quarter. Allworth Financial LP now owns 7,846 shares of the company’s stock valued at $279,000 after acquiring an additional 306 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Phillips Edison & Company, Inc. by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 30,876 shares of the company’s stock valued at $1,081,000 after acquiring an additional 314 shares in the last quarter. Kovack Advisors Inc. boosted its position in shares of Phillips Edison & Company, Inc. by 2.9% during the 4th quarter. Kovack Advisors Inc. now owns 11,474 shares of the company’s stock valued at $408,000 after acquiring an additional 327 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd increased its stake in Phillips Edison & Company, Inc. by 55.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,053 shares of the company’s stock valued at $37,000 after acquiring an additional 376 shares during the period. Institutional investors own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. Price Performance

Phillips Edison & Company, Inc. stock opened at $43.53 on Monday. The stock has a 50-day simple moving average of $41.46 and a 200 day simple moving average of $39.11. Phillips Edison & Company, Inc. has a 12-month low of $32.84 and a 12-month high of $44.38. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of 37.85, a P/E/G ratio of 2.32 and a beta of 0.52.

Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a return on equity of 5.52% and a net margin of 19.14%.The company had revenue of $189.62 million for the quarter, compared to analyst estimates of $187.46 million. During the same quarter last year, the company earned $0.64 EPS. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. As a group, sell-side analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 EPS for the current year.

Phillips Edison & Company, Inc. Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 4th. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.1083 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is presently 113.04%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PECO. Barclays increased their price target on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. UBS Group upped their price objective on 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. LADENBURG THALM/SH SH increased their target price on Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Finally, Morgan Stanley increased their target price on 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. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $44.14.

Get Our Latest Stock Report on PECO

Phillips Edison & Company, Inc. News Summary

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

About Phillips Edison & Company, Inc.

(Free Report)

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.