Phillips Edison & Company, Inc. (NASDAQ:PECO) Sets New 12-Month High – Time to Buy?

Posted by Stanley Muller on Jul 16th, 2026

Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.74 and last traded at $42.2890, with a volume of 522 shares changing hands. The stock had previously closed at $42.15.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and set a $44.00 price target on shares of Phillips Edison & Company, Inc. in a report on Tuesday, July 7th. Morgan Stanley upped their price objective 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. LADENBURG THALM/SH SH raised their target price on 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. Weiss Ratings lowered Phillips Edison & Company, Inc. from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, UBS Group boosted their price target on 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. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $43.43.

Read Our Latest Research Report on PECO

Phillips Edison & Company, Inc. Stock Down 0.4%

The firm has a market cap of $5.32 billion, a P/E ratio of 45.98, a price-to-earnings-growth ratio of 2.26 and a beta of 0.52. The business’s 50 day moving average is $40.92 and its 200-day moving average is $38.72.

Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.43). The company had revenue of $190.74 million for the quarter, compared to the consensus estimate of $184.91 million. Phillips Edison & Company, Inc. had a net margin of 15.61% and a return on equity of 4.46%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.790-0.810 EPS. As a group, equities analysts predict that Phillips Edison & Company, Inc. will post 2.76 earnings per share for the current year.

Phillips Edison & Company, Inc. Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, August 4th. Investors of record on Wednesday, July 15th will be paid a $0.1083 dividend. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is 141.30%.

Institutional Trading of Phillips Edison & Company, Inc.

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

Phillips Edison & Company, Inc. Company Profile

(Get 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.