Sterling Capital Management LLC Has $1.49 Million Position in Essential Properties Realty Trust, Inc. $EPRT

Posted by Stanley Muller on Jun 30th, 2026

Sterling Capital Management LLC cut its holdings in Essential Properties Realty Trust, Inc. (NYSE:EPRT – Free Report) by 38.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 49,171 shares of the company’s stock after selling 31,006 shares during the quarter. Sterling Capital Management LLC’s holdings in Essential Properties Realty Trust were worth $1,493,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cohen & Steers Inc. lifted its stake in shares of Essential Properties Realty Trust by 111.6% in the 4th quarter. Cohen & Steers Inc. now owns 18,611,967 shares of the company’s stock valued at $552,031,000 after purchasing an additional 9,816,042 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Essential Properties Realty Trust by 1,930,360.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,737,308 shares of the company’s stock worth $199,829,000 after purchasing an additional 6,736,959 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of Essential Properties Realty Trust by 4,681.4% during the fourth quarter. Daiwa Securities Group Inc. now owns 3,997,593 shares of the company’s stock worth $118,569,000 after purchasing an additional 3,913,986 shares during the period. Balyasny Asset Management L.P. increased its holdings in Essential Properties Realty Trust by 195.4% in the third quarter. Balyasny Asset Management L.P. now owns 3,970,789 shares of the company’s stock valued at $118,171,000 after purchasing an additional 2,626,478 shares during the last quarter. Finally, Norges Bank bought a new stake in Essential Properties Realty Trust in the fourth quarter valued at about $68,467,000. Institutional investors and hedge funds own 96.98% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on EPRT. Wall Street Zen upgraded Essential Properties Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Stifel Nicolaus increased their price target on shares of Essential Properties Realty Trust from $36.00 to $36.50 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Raymond James Financial raised shares of Essential Properties Realty Trust from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the stock from $35.00 to $37.00 in a research note on Tuesday, March 17th. Mizuho decreased their price objective on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. Finally, Truist Financial upped their target price on shares of Essential Properties Realty Trust from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $36.41.

Check Out Our Latest Report on EPRT

Essential Properties Realty Trust Price Performance

Shares of EPRT opened at $30.56 on Tuesday. The stock has a 50 day simple moving average of $30.90 and a 200 day simple moving average of $31.23. Essential Properties Realty Trust, Inc. has a 52-week low of $28.95 and a 52-week high of $34.73. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.12 and a current ratio of 5.12. The firm has a market capitalization of $6.61 billion, a PE ratio of 24.06, a P/E/G ratio of 2.42 and a beta of 0.88.

Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.05). The company had revenue of $158.80 million during the quarter, compared to the consensus estimate of $151.87 million. Essential Properties Realty Trust had a net margin of 43.46% and a return on equity of 6.30%. The business’s quarterly revenue was up 22.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. Essential Properties Realty Trust has set its FY 2026 guidance at 2.000-2.050 EPS. Sell-side analysts predict that Essential Properties Realty Trust, Inc. will post 1.97 EPS for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 97.64%.

Essential Properties Realty Trust Profile

(Free Report)

Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.