Essex Property Trust, Inc. $ESS Shares Purchased by Leeward Investments LLC MA

Posted by Stanley Muller on May 16th, 2026

Leeward Investments LLC MA boosted its position in Essex Property Trust, Inc. (NYSE:ESS – Free Report) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,628 shares of the real estate investment trust’s stock after purchasing an additional 3,281 shares during the period. Leeward Investments LLC MA’s holdings in Essex Property Trust were worth $8,538,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ESS. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Essex Property Trust by 973.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 743,954 shares of the real estate investment trust’s stock worth $199,127,000 after purchasing an additional 674,617 shares in the last quarter. Centersquare Investment Management LLC raised its holdings in shares of Essex Property Trust by 473.5% in the 3rd quarter. Centersquare Investment Management LLC now owns 516,756 shares of the real estate investment trust’s stock worth $138,315,000 after purchasing an additional 426,650 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Essex Property Trust by 21.9% in the 4th quarter. Principal Financial Group Inc. now owns 1,679,607 shares of the real estate investment trust’s stock worth $439,520,000 after purchasing an additional 301,349 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in shares of Essex Property Trust by 1,768.0% in the 4th quarter. Teacher Retirement System of Texas now owns 157,438 shares of the real estate investment trust’s stock worth $41,198,000 after purchasing an additional 149,010 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Essex Property Trust by 9.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,157,617 shares of the real estate investment trust’s stock worth $309,848,000 after purchasing an additional 100,730 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Scotiabank boosted their target price on shares of Essex Property Trust from $278.00 to $282.00 and gave the stock an “outperform” rating in a report on Thursday. Royal Bank Of Canada boosted their target price on shares of Essex Property Trust from $282.00 to $288.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Essex Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Piper Sandler raised Essex Property Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $275.00 to $310.00 in a research note on Monday, May 4th. Finally, Morgan Stanley set a $293.00 price target on Essex Property Trust in a research note on Friday. Five research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $284.28.

Check Out Our Latest Stock Report on Essex Property Trust

Essex Property Trust Trading Down 0.6%

Shares of ESS opened at $266.89 on Friday. The business’s 50-day moving average price is $253.64 and its 200 day moving average price is $255.40. The stock has a market capitalization of $17.15 billion, a P/E ratio of 29.99, a P/E/G ratio of 11.63 and a beta of 0.71. Essex Property Trust, Inc. has a 1-year low of $238.46 and a 1-year high of $294.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.22.

Essex Property Trust (NYSE:ESS – Get Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.65 EPS for the quarter, missing the consensus estimate of $3.96 by ($2.31). The business had revenue of $484.76 million during the quarter, compared to analyst estimates of $479.89 million. Essex Property Trust had a return on equity of 10.00% and a net margin of 30.03%.During the same period last year, the business earned $3.97 EPS. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. Analysts expect that Essex Property Trust, Inc. will post 16.04 earnings per share for the current year.

Essex Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $2.59 dividend. This represents a $10.36 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Essex Property Trust’s dividend payout ratio (DPR) is 116.40%.

Essex Property Trust Company Profile

(Free Report)

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.