Public Employees Retirement System of Ohio Invests $672,000 in Alexander’s, Inc. $ALX

Posted by Geri Gentry on Sep 10th, 2026

Public Employees Retirement System of Ohio bought a new stake in shares of Alexander’s, Inc. (NYSE:ALX – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,439 shares of the real estate investment trust’s stock, valued at approximately $672,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ALX. Goldman Sachs Group Inc. lifted its holdings in Alexander’s by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 355,152 shares of the real estate investment trust’s stock valued at $74,284,000 after buying an additional 12,060 shares during the period. SG Americas Securities LLC grew its stake in Alexander’s by 582.3% during the first quarter. SG Americas Securities LLC now owns 74,728 shares of the real estate investment trust’s stock worth $17,651,000 after purchasing an additional 63,776 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Alexander’s by 5.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,391 shares of the real estate investment trust’s stock worth $15,860,000 after purchasing an additional 3,892 shares during the period. Geode Capital Management LLC lifted its stake in Alexander’s by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 57,402 shares of the real estate investment trust’s stock valued at $12,512,000 after buying an additional 234 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Alexander’s by 626.7% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 43,600 shares of the real estate investment trust’s stock worth $9,502,000 after buying an additional 37,600 shares in the last quarter. Institutional investors and hedge funds own 31.99% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on ALX. Wall Street Zen upgraded shares of Alexander’s from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Zacks Research upgraded shares of Alexander’s from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Weiss Ratings raised shares of Alexander’s from a “hold (c)” rating to a “buy (b)” rating in a research note on Tuesday, August 4th. Finally, Piper Sandler increased their price objective on shares of Alexander’s from $190.00 to $212.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.00.

Read Our Latest Research Report on Alexander’s

Alexander’s Stock Performance

Shares of ALX stock opened at $257.22 on Thursday. Alexander’s, Inc. has a 12 month low of $201.28 and a 12 month high of $289.43. The firm has a market capitalization of $1.31 billion, a PE ratio of 7.78 and a beta of 0.78. The firm has a fifty day simple moving average of $271.05 and a two-hundred day simple moving average of $255.59. The company has a current ratio of 16.78, a quick ratio of 16.78 and a debt-to-equity ratio of 3.73.

Alexander’s (NYSE:ALX – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported $3.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.02. Alexander’s had a net margin of 79.06% and a return on equity of 123.09%. The firm had revenue of $54.71 million during the quarter, compared to analysts’ expectations of $54.10 million. Analysts forecast that Alexander’s, Inc. will post 16.52 EPS for the current fiscal year.

Alexander’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 10th were paid a $4.50 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $18.00 annualized dividend and a dividend yield of 7.0%. Alexander’s’s dividend payout ratio is 54.46%.

Alexander’s Company Profile

(Free Report)

Alexander’s (NYSE: ALX) is a publicly traded real estate investment trust focused on owning, leasing and managing commercial properties in the New York metropolitan area. The company’s portfolio encompasses office buildings, retail storefronts and parking facilities, all held on a wholly owned basis. By concentrating on prime urban and suburban locations, Alexander’s seeks to generate stable rental income and long-term asset appreciation.

Founded in 1928 as a family-run department store chain, Alexander’s transitioned during the early 1990s into a pure-play real estate company following the sale of its retail operations.