Commonwealth of Pennsylvania Public School Empls Retrmt SYS Buys 23,777 Shares of Broadstone Net Lease, Inc. $BNL

Posted by Francis Steltz on Jul 17th, 2026

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Broadstone Net Lease, Inc. (NYSE:BNL – Free Report) by 38.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 85,375 shares of the company’s stock after buying an additional 23,777 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Broadstone Net Lease were worth $1,560,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of BNL. Strategic Advocates LLC bought a new stake in Broadstone Net Lease during the 3rd quarter worth approximately $30,000. CIBC Private Wealth Group LLC raised its stake in shares of Broadstone Net Lease by 42.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock valued at $35,000 after buying an additional 600 shares during the period. Advisory Services Network LLC purchased a new stake in Broadstone Net Lease during the third quarter valued at about $61,000. EverSource Wealth Advisors LLC grew its stake in Broadstone Net Lease by 80.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock valued at $68,000 after buying an additional 1,906 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Broadstone Net Lease by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,527 shares of the company’s stock valued at $96,000 after purchasing an additional 1,385 shares during the period. Institutional investors and hedge funds own 89.07% of the company’s stock.

Broadstone Net Lease Stock Performance

Shares of Broadstone Net Lease stock opened at $22.76 on Friday. The stock has a market capitalization of $4.36 billion, a PE ratio of 35.02 and a beta of 0.94. Broadstone Net Lease, Inc. has a 52-week low of $15.67 and a 52-week high of $22.81. The company has a 50-day simple moving average of $20.77 and a two-hundred day simple moving average of $19.63.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. Broadstone Net Lease had a return on equity of 4.17% and a net margin of 27.01%.The business had revenue of $121.40 million for the quarter, compared to the consensus estimate of $118.84 million. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. As a group, equities research analysts forecast that Broadstone Net Lease, Inc. will post 1.52 EPS for the current fiscal year.

Broadstone Net Lease Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.2925 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.17 annualized dividend and a dividend yield of 5.1%. Broadstone Net Lease’s payout ratio is presently 180.00%.

Analyst Ratings Changes

Several analysts have issued reports on BNL shares. Citizens Jmp cut shares of Broadstone Net Lease from an “outperform” rating to a “market perform” rating in a research note on Friday, June 12th. KeyCorp lifted their price target on shares of Broadstone Net Lease from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Truist Financial set a $22.00 target price on Broadstone Net Lease in a report on Monday, June 8th. BTIG Research upped their price objective on shares of Broadstone Net Lease from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Finally, Cantor Fitzgerald lifted their price target on shares of Broadstone Net Lease from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.70.

Get Our Latest Analysis on Broadstone Net Lease

Broadstone Net Lease Company Profile

(Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.