UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $48.22 Million Stake in First Industrial Realty Trust, Inc. $FR

Posted by on Sep 3rd, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in First Industrial Realty Trust, Inc. (NYSE:FR – Free Report) by 27,323.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 786,503 shares of the real estate investment trust’s stock after purchasing an additional 783,635 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.59% of First Industrial Realty Trust worth $48,220,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of First Industrial Realty Trust in the 2nd quarter valued at $1,021,489,000. Northwestern Mutual Wealth Management Co. lifted its position in First Industrial Realty Trust by 856,065.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,785,973 shares of the real estate investment trust’s stock valued at $560,443,000 after purchasing an additional 9,784,830 shares during the period. Norges Bank acquired a new position in First Industrial Realty Trust during the 4th quarter valued at about $320,075,000. Cohen & Steers Inc. bought a new position in shares of First Industrial Realty Trust in the 4th quarter valued at about $118,365,000. Finally, Rush Island Management LP bought a new position in shares of First Industrial Realty Trust in the 2nd quarter valued at about $79,904,000. Institutional investors own 99.85% of the company’s stock.

First Industrial Realty Trust Price Performance

Shares of FR stock opened at $61.60 on Thursday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.89. First Industrial Realty Trust, Inc. has a 12-month low of $50.24 and a 12-month high of $69.88. The firm has a fifty day moving average of $64.22 and a 200-day moving average of $62.31. The firm has a market capitalization of $8.17 billion, a price-to-earnings ratio of 22.48 and a beta of 1.03.

First Industrial Realty Trust (NYSE:FR – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The real estate investment trust reported $0.58 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.22). First Industrial Realty Trust had a return on equity of 12.99% and a net margin of 47.97%.The business had revenue of $194.94 million for the quarter, compared to analyst estimates of $195.81 million. During the same period in the previous year, the business posted $0.76 EPS. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. First Industrial Realty Trust has set its FY 2026 guidance at 3.120-3.200 EPS. On average, equities research analysts forecast that First Industrial Realty Trust, Inc. will post 3.17 earnings per share for the current year.

First Industrial Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 19th. Investors of record on Wednesday, September 30th will be given a $0.50 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. First Industrial Realty Trust’s payout ratio is currently 72.99%.

Wall Street Analysts Forecast Growth

FR has been the subject of a number of recent research reports. Truist Financial boosted their price target on shares of First Industrial Realty Trust from $67.00 to $73.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of First Industrial Realty Trust in a research report on Friday, July 24th. KeyCorp reissued a “sector weight” rating on shares of First Industrial Realty Trust in a research note on Wednesday, June 10th. Robert W. Baird lifted their price objective on First Industrial Realty Trust from $71.00 to $74.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company upped their price objective on First Industrial Realty Trust from $61.00 to $66.00 and gave the company an “equal weight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $67.43.

Check Out Our Latest Report on FR

First Industrial Realty Trust Company Profile

(Free Report)

First Industrial Realty Trust, Inc (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.

Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.

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Institutional Ownership by Quarter for First Industrial Realty Trust (NYSE:FR)

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