29,587 Shares in Highwoods Properties, Inc. $HIW Purchased by SummitTX Capital L.P.

Posted by Stanley Muller on Jul 31st, 2026

SummitTX Capital L.P. bought a new position in Highwoods Properties, Inc. (NYSE:HIW – Free Report) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 29,587 shares of the real estate investment trust’s stock, valued at approximately $633,000.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its position in shares of Highwoods Properties by 88.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 792 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 372 shares during the period. California State Teachers Retirement System grew its stake in Highwoods Properties by 0.5% during the second quarter. California State Teachers Retirement System now owns 98,051 shares of the real estate investment trust’s stock valued at $3,048,000 after acquiring an additional 489 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Highwoods Properties by 3.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 19,896 shares of the real estate investment trust’s stock worth $514,000 after acquiring an additional 572 shares during the period. Maryland State Retirement & Pension System increased its holdings in Highwoods Properties by 3.3% during the 4th quarter. Maryland State Retirement & Pension System now owns 22,218 shares of the real estate investment trust’s stock worth $574,000 after acquiring an additional 720 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Highwoods Properties by 33.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,159 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 797 shares in the last quarter. Hedge funds and other institutional investors own 96.31% of the company’s stock.

Wall Street Analysts Forecast Growth

HIW has been the subject of several analyst reports. Mizuho raised their price target on shares of Highwoods Properties from $25.00 to $30.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Wells Fargo & Company upped their price target on shares of Highwoods Properties from $24.00 to $26.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $28.00 price objective on shares of Highwoods Properties in a research report on Thursday, May 14th. Truist Financial lifted their price objective on Highwoods Properties from $23.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, June 26th. Finally, Weiss Ratings raised Highwoods Properties from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 9th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $30.00.

Get Our Latest Stock Report on HIW

Highwoods Properties Stock Down 1.6%

HIW stock opened at $33.84 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.50 and a debt-to-equity ratio of 1.37. The company’s 50 day moving average is $30.20 and its 200 day moving average is $26.09. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 22.26 and a beta of 1.07. Highwoods Properties, Inc. has a 1-year low of $20.45 and a 1-year high of $35.44.

Highwoods Properties (NYSE:HIW – Get Free Report) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). Highwoods Properties had a net margin of 20.74% and a return on equity of 7.06%. The company had revenue of $216.38 million during the quarter, compared to analysts’ expectations of $212.15 million. During the same period in the prior year, the business earned $0.89 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Highwoods Properties has set its FY 2026 guidance at 3.460-3.700 EPS. Sell-side analysts predict that Highwoods Properties, Inc. will post 3.53 EPS for the current fiscal year.

Highwoods Properties announced that its board has initiated a share repurchase program on Wednesday, April 22nd that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the real estate investment trust to purchase up to 9.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Highwoods Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, August 17th. This represents a $2.00 annualized dividend and a dividend yield of 5.9%. Highwoods Properties’s dividend payout ratio (DPR) is 238.10%.

Highwoods Properties Profile

(Free Report)

Highwoods Properties, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.

Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas.