Fairtree Asset Management Pty Ltd Purchases Shares of 5,768 Extra Space Storage Inc $EXR

Posted by George Bondi on Aug 21st, 2026

Fairtree Asset Management Pty Ltd acquired a new position in shares of Extra Space Storage Inc (NYSE:EXR – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,768 shares of the real estate investment trust’s stock, valued at approximately $838,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Reflection Asset Management bought a new stake in Extra Space Storage during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Extra Space Storage during the third quarter valued at $28,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Extra Space Storage during the first quarter valued at $30,000. CoreCap Advisors LLC raised its stake in shares of Extra Space Storage by 975.0% during the second quarter. CoreCap Advisors LLC now owns 258 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 234 shares in the last quarter. Finally, DV Equities LLC bought a new stake in shares of Extra Space Storage during the fourth quarter valued at about $39,000. 99.11% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on EXR. Barclays upped their price objective on shares of Extra Space Storage from $170.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Bank of America upgraded shares of Extra Space Storage from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $147.00 to $156.00 in a research report on Tuesday, June 16th. Wall Street Zen raised shares of Extra Space Storage from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $160.00 price objective on shares of Extra Space Storage in a report on Thursday, July 30th. Finally, Wells Fargo & Company raised their price objective on shares of Extra Space Storage from $154.00 to $158.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Six equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $147.87.

Check Out Our Latest Report on Extra Space Storage

Extra Space Storage Trading Down 0.3%

NYSE EXR opened at $147.53 on Friday. The firm’s 50 day moving average price is $147.37 and its two-hundred day moving average price is $143.74. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.56 and a current ratio of 1.56. Extra Space Storage Inc has a twelve month low of $125.71 and a twelve month high of $158.88. The stock has a market cap of $31.17 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 4.25 and a beta of 1.18.

Extra Space Storage (NYSE:EXR – Get Free Report) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 EPS for the quarter, topping the consensus estimate of $1.16 by $0.09. Extra Space Storage had a return on equity of 6.70% and a net margin of 27.80%.The business had revenue of $874.15 million during the quarter, compared to analysts’ expectations of $874.99 million. During the same quarter last year, the firm posted $2.05 earnings per share. Extra Space Storage’s revenue was up 3.9% compared to the same quarter last year. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. Equities analysts anticipate that Extra Space Storage Inc will post 8.32 EPS for the current year.

Extra Space Storage Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $1.62 per share. The ex-dividend date is Tuesday, September 15th. This represents a $6.48 dividend on an annualized basis and a yield of 4.4%. Extra Space Storage’s dividend payout ratio (DPR) is presently 143.05%.

Insiders Place Their Bets

In other news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $150.00, for a total value of $495,000.00. Following the transaction, the executive vice president owned 37,374 shares in the company, valued at $5,606,100. This represents a 8.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.96% of the stock is currently owned by company insiders.

Extra Space Storage Company Profile

(Free Report)

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.