Wells Fargo & Company Upgrades Phillips Edison & Company, Inc. (NASDAQ:PECO) to Hold

Phillips Edison & Company, Inc. (NASDAQ:PECO) was upgraded by analysts at Wells Fargo & Company to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also weighed in on PECO. Morgan Stanley upped their target price on shares of 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. LADENBURG THALM/SH SH lifted their price target on shares of Phillips Edison & Company, Inc. from $44.00 to $46.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Weiss Ratings upgraded shares of Phillips Edison & Company, Inc. from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. UBS Group upped their price objective on shares of Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Barclays upped their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.14.

Phillips Edison & Company, Inc. Price Performance

Shares of NASDAQ:PECO opened at $43.53 on Thursday. The business’s fifty day moving average price is $41.46 and its two-hundred day moving average price is $39.08. Phillips Edison & Company, Inc. has a fifty-two week low of $32.84 and a fifty-two week high of $44.38. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of 37.85, a price-to-earnings-growth ratio of 2.27 and a beta of 0.52.

Phillips Edison & Company, Inc. (NASDAQ:PECO) last released its quarterly earnings data 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). 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 business’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.64 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Research analysts expect that Phillips Edison & Company, Inc. will post 2.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB lifted its position in Phillips Edison & Company, Inc. by 9.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 38,200 shares of the company’s stock worth $1,590,000 after buying an additional 3,400 shares in the last quarter. GAMMA Investing LLC increased its position in Phillips Edison & Company, Inc. by 5.9% in the 2nd quarter. GAMMA Investing LLC now owns 5,245 shares of the company’s stock valued at $218,000 after acquiring an additional 292 shares in the last quarter. CX Institutional raised its stake in shares of Phillips Edison & Company, Inc. by 115.5% in the second quarter. CX Institutional now owns 724 shares of the company’s stock worth $30,000 after acquiring an additional 388 shares during the last quarter. Pensionfund PDN raised its stake in shares of Phillips Edison & Company, Inc. by 59.4% in the second quarter. Pensionfund PDN now owns 25,500 shares of the company’s stock worth $1,061,000 after acquiring an additional 9,500 shares during the last quarter. Finally, Pensionfund Sabic grew its stake in shares of Phillips Edison & Company, Inc. by 56.2% during the second quarter. Pensionfund Sabic now owns 12,500 shares of the company’s stock valued at $520,000 after purchasing an additional 4,500 shares during the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Key Stories Impacting Phillips Edison & Company, Inc.

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. Company Profile

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.