Lazard Asset Management LLC Buys Shares of 78,358 CTO Realty Growth, Inc. $CTO

Posted by Francis Steltz on Aug 5th, 2026

Lazard Asset Management LLC purchased a new position in CTO Realty Growth, Inc. (NYSE:CTO – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 78,358 shares of the company’s stock, valued at approximately $1,449,000.

Other large investors have also made changes to their positions in the company. SummitTX Capital L.P. purchased a new stake in shares of CTO Realty Growth during the 3rd quarter valued at $3,016,000. Invesco Ltd. grew its stake in CTO Realty Growth by 27.1% during the 3rd quarter. Invesco Ltd. now owns 664,295 shares of the company’s stock worth $10,828,000 after buying an additional 141,574 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in CTO Realty Growth during the 1st quarter worth $1,953,000. Vanguard Group Inc. increased its position in CTO Realty Growth by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,139,307 shares of the company’s stock valued at $51,171,000 after buying an additional 102,630 shares in the last quarter. Finally, FJ Capital Management LLC acquired a new position in CTO Realty Growth during the 4th quarter valued at about $1,652,000. 67.18% of the stock is owned by institutional investors and hedge funds.

CTO Realty Growth Stock Down 1.3%

Shares of CTO stock opened at $21.79 on Wednesday. CTO Realty Growth, Inc. has a fifty-two week low of $15.06 and a fifty-two week high of $22.71. The firm has a market capitalization of $816.91 million, a PE ratio of 16.02 and a beta of 0.60. The company has a debt-to-equity ratio of 0.99, a quick ratio of 8.69 and a current ratio of 8.69. The stock’s 50-day simple moving average is $21.30 and its 200-day simple moving average is $19.93.

CTO Realty Growth (NYSE:CTO – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The firm had revenue of $43.83 million during the quarter, compared to the consensus estimate of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. Equities analysts expect that CTO Realty Growth, Inc. will post 2.1 earnings per share for the current year.

CTO Realty Growth Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Thursday, June 11th. CTO Realty Growth’s dividend payout ratio is 111.76%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Zacks Research raised CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. JonesTrading upped their price objective on shares of CTO Realty Growth from $23.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Cantor Fitzgerald increased their price objective on shares of CTO Realty Growth from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday. Raymond James Financial reiterated a “strong-buy” rating and issued a $25.00 target price on shares of CTO Realty Growth in a research note on Monday, June 29th. Finally, Alliance Global Partners reissued a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, CTO Realty Growth has an average rating of “Buy” and a consensus target price of $24.67.

Get Our Latest Stock Analysis on CTO

CTO Realty Growth Profile

(Free Report)

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.