2,135 Shares in Public Storage $PSA Purchased by Gallacher Capital Management LLC

Posted by George Bondi on Jul 17th, 2026

Gallacher Capital Management LLC bought a new position in Public Storage (NYSE:PSA – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,135 shares of the real estate investment trust’s stock, valued at approximately $578,000.

Other hedge funds have also added to or reduced their stakes in the company. Bessemer Group Inc. lifted its holdings in shares of Public Storage by 19.9% in the first quarter. Bessemer Group Inc. now owns 4,000 shares of the real estate investment trust’s stock worth $1,082,000 after buying an additional 664 shares in the last quarter. B&I Capital AG grew its stake in Public Storage by 90.8% during the first quarter. B&I Capital AG now owns 74,400 shares of the real estate investment trust’s stock valued at $20,153,000 after acquiring an additional 35,400 shares in the last quarter. Independent Financial Group LLC purchased a new position in Public Storage during the first quarter valued at approximately $443,000. Wealthfront Advisers LLC increased its holdings in Public Storage by 26.3% during the 1st quarter. Wealthfront Advisers LLC now owns 29,403 shares of the real estate investment trust’s stock worth $7,965,000 after acquiring an additional 6,131 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in Public Storage by 6.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,104 shares of the real estate investment trust’s stock worth $299,000 after acquiring an additional 62 shares during the period. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on PSA shares. Weiss Ratings raised shares of Public Storage from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Wall Street Zen upgraded Public Storage from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Citigroup lifted their price objective on Public Storage from $325.00 to $363.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Jefferies Financial Group boosted their target price on Public Storage from $350.00 to $355.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $341.00 price target on shares of Public Storage in a report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $325.37.

Read Our Latest Report on PSA

Insider Activity at Public Storage

In other news, insider Nathaniel A. Vitan sold 950 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $324.81, for a total transaction of $308,569.50. Following the transaction, the insider directly owned 1,414 shares in the company, valued at approximately $459,281.34. This represents a 40.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 11.10% of the company’s stock.

Public Storage Stock Performance

Public Storage stock opened at $324.37 on Friday. Public Storage has a fifty-two week low of $256.54 and a fifty-two week high of $331.79. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market cap of $56.94 billion, a P/E ratio of 33.47, a price-to-earnings-growth ratio of 4.23 and a beta of 0.96. The firm’s fifty day moving average price is $314.12 and its 200-day moving average price is $297.78.

Public Storage (NYSE:PSA – Get Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.29. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.22 billion. Public Storage had a net margin of 39.16% and a return on equity of 37.78%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $4.12 earnings per share. Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. On average, equities research analysts expect that Public Storage will post 16.94 earnings per share for the current fiscal year.

Public Storage Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, June 15th. Public Storage’s dividend payout ratio is presently 123.84%.

About Public Storage

(Free Report)

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.