Broadstone Net Lease, Inc. $BNL Shares Newly Purchased by Inspire Investing LLC

Inspire Investing LLC bought a new position in shares of Broadstone Net Lease, Inc. (NYSE:BNL) during the third quarter, HoldingsChannel.com reports. The firm bought 34,288 shares of the company’s stock, valued at approximately $634,000.

Several other large investors also recently bought and sold shares of the company. QRG Capital Management Inc. increased its holdings in Broadstone Net Lease by 3.3% during the 2nd quarter. QRG Capital Management Inc. now owns 19,899 shares of the company’s stock valued at $411,000 after acquiring an additional 639 shares in the last quarter. Arizona State Retirement System raised its position in Broadstone Net Lease by 1.7% during the second quarter. Arizona State Retirement System now owns 52,865 shares of the company’s stock worth $1,093,000 after acquiring an additional 865 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Broadstone Net Lease by 5.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 19,294 shares of the company’s stock valued at $335,000 after purchasing an additional 944 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Broadstone Net Lease by 6.5% in the first quarter. Kestra Advisory Services LLC now owns 22,735 shares of the company’s stock valued at $415,000 after purchasing an additional 1,396 shares in the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Broadstone Net Lease by 0.4% in the first quarter. Swiss National Bank now owns 374,300 shares of the company’s stock valued at $6,838,000 after purchasing an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 89.07% of the company’s stock.

Key Stories Impacting Broadstone Net Lease

Here are the key news stories impacting Broadstone Net Lease this week:

• Positive Sentiment: Broadstone Net Lease declared a quarterly dividend of $0.295 per share, payable January 15, 2027. The payment represents a 0.9% increase from the prior quarter and an annualized dividend of $1.18, equating to an approximately 7% yield based on the provided share price. The increase reinforces BNL’s appeal to income-focused investors. Dividend announcement
• Positive Sentiment: Third-quarter funds from operations (FFO), a key REIT performance measure, came in at $0.39 per share, matching consensus and increasing from $0.37 a year earlier. The year-over-year improvement suggests continued operating stability. Q3 FFO results
• Positive Sentiment: One market commentary argues that BNL’s build-to-suit growth strategy remains undervalued, potentially offering a longer-term catalyst if the company can convert its development pipeline into accretive assets. Build-to-suit valuation commentary
• Neutral Sentiment: Management held its third-quarter earnings call with analysts, providing additional context on results, portfolio operations and the build-to-suit strategy. Q3 2026 earnings call transcript
• Negative Sentiment: Reported earnings were $0.14 per share, below the $0.16 analyst consensus, while revenue of $121.87 million was slightly below the $122.19 million estimate. The shortfall may limit near-term upside despite the stronger FFO result. Q3 earnings report

Insider Transactions at Broadstone Net Lease

In related news, Director Richard Imperiale purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average cost of $21.22 per share, with a total value of $106,100.00. Following the completion of the acquisition, the director directly owned 26,250 shares of the company’s stock, valued at approximately $557,025. The trade was a 23.53% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.02% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BNL shares. Truist Financial upgraded shares of Broadstone Net Lease from a “hold” rating to a “buy” rating and lowered their price target for the company from $22.00 to $21.00 in a research report on Thursday, October 1st. KeyCorp reaffirmed an “overweight” rating on shares of Broadstone Net Lease in a research note on Tuesday, September 15th. Cantor Fitzgerald upped their target price on Broadstone Net Lease from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. The Goldman Sachs Group increased their target price on Broadstone Net Lease from $23.00 to $26.00 and gave the company a “buy” rating in a report on Saturday, August 1st. Finally, BMO Capital Markets raised their price target on Broadstone Net Lease from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.67.

Broadstone Net Lease Stock Up 3.2%

Shares of NYSE BNL opened at $17.41 on Friday. The stock has a market capitalization of $3.34 billion, a PE ratio of 22.90 and a beta of 0.91. The firm has a fifty day moving average of $19.22 and a 200-day moving average of $19.86. Broadstone Net Lease, Inc. has a 52-week low of $16.70 and a 52-week high of $23.10.

Broadstone Net Lease (NYSE:BNL) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.02). Broadstone Net Lease had a net margin of 30.26% and a return on equity of 4.85%. The company had revenue of $121.87 million during the quarter, compared to analyst estimates of $122.19 million. Equities research analysts expect that Broadstone Net Lease, Inc. will post 1.51 EPS for the current fiscal year.

Broadstone Net Lease Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a $0.2950 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.8%. This is a boost from Broadstone Net Lease’s previous quarterly dividend of $0.2925. The ex-dividend date is Thursday, December 31st. Broadstone Net Lease’s payout ratio is presently 153.95%.

About Broadstone Net Lease

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company generally leases its properties under long-term, triple-net agreements, under which tenants are typically responsible for property taxes, insurance and maintenance expenses.

Broadstone’s portfolio includes properties used by healthcare providers, industrial and manufacturing companies, office-based businesses, restaurants and retail operators.