NNN REIT, Inc. $NNN Stock: Tectonic Advisors LLC Increases Stake

Posted by Brian Himes on Oct 24th, 2026

Tectonic Advisors LLC raised its holdings in NNN REIT, Inc. (NYSE:NNN – Free Report) by 6.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 405,201 shares of the real estate investment trust’s stock after buying an additional 25,594 shares during the quarter. Tectonic Advisors LLC owned 0.21% of NNN REIT worth $16,650,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in NNN. Parkside Financial Bank & Trust lifted its holdings in shares of NNN REIT by 155.8% during the second quarter. Parkside Financial Bank & Trust now owns 550 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 335 shares during the last quarter. Clearstead Trust LLC acquired a new stake in shares of NNN REIT in the second quarter worth $27,000. Avalon Trust Co acquired a new stake in shares of NNN REIT in the second quarter worth $38,000. Horizons Wealth Management acquired a new stake in shares of NNN REIT in the third quarter worth $40,000. Finally, Pension & Wealth Management Advisors Inc. bought a new position in NNN REIT during the third quarter worth $41,000. 89.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on NNN. Evercore set a $47.00 target price on shares of NNN REIT in a research note on Monday, September 21st. Truist Financial started coverage on shares of NNN REIT in a research report on Thursday, October 1st. They issued a “hold” rating and a $45.00 price target on the stock. Royal Bank Of Canada boosted their price objective on shares of NNN REIT from $44.00 to $47.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. National Bank Financial set a $50.00 price objective on shares of NNN REIT in a research report on Monday, July 20th. Finally, Wall Street Zen upgraded shares of NNN REIT from a “sell” rating to a “hold” rating in a research note on Sunday, June 28th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, NNN REIT has a consensus rating of “Hold” and a consensus target price of $46.88.

Get Our Latest Analysis on NNN

NNN REIT Stock Performance

Shares of NYSE NNN traded down $0.43 during trading hours on Friday, reaching $41.70. The stock had a trading volume of 2,152,265 shares, compared to its average volume of 2,645,288. The business’s fifty day moving average is $42.84 and its two-hundred day moving average is $44.74. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.15 and a quick ratio of 1.15. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 5.73 and a beta of 0.78. NNN REIT, Inc. has a twelve month low of $38.90 and a twelve month high of $50.00.

NNN REIT (NYSE:NNN – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The firm had revenue of $244.27 million for the quarter, compared to the consensus estimate of $240.19 million. NNN REIT had a net margin of 40.35% and a return on equity of 8.70%. NNN REIT has set its FY 2026 guidance at 3.500-3.540 EPS. As a group, research analysts expect that NNN REIT, Inc. will post 3.52 EPS for the current year.

NNN REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Friday, October 30th. NNN REIT’s dividend payout ratio (DPR) is presently 121.57%.

About NNN REIT

(Free Report)

NNN REIT, Inc is a real estate investment trust that owns and manages a diversified portfolio of freestanding retail properties. The company primarily invests in properties that are leased to retail businesses under long-term, triple-net agreements, under which tenants generally pay property taxes, insurance and maintenance costs in addition to rent.

The company’s properties are used by a range of businesses, including convenience stores, automotive service and parts retailers, restaurants, medical and dental services, drugstores, and other consumer-oriented tenants.