Westpac Banking Corp Buys New Shares in Terreno Realty Corporation $TRNO

Posted by Geri Gentry on Aug 23rd, 2026

Westpac Banking Corp bought a new position in shares of Terreno Realty Corporation (NYSE:TRNO – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,000 shares of the real estate investment trust’s stock, valued at approximately $842,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in shares of Terreno Realty by 90.2% in the 1st quarter. Jones Financial Companies Lllp now owns 797 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 378 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Terreno Realty by 304.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 465 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Terreno Realty by 73.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 447 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 189 shares during the period. First Trust Advisors LP raised its holdings in shares of Terreno Realty by 78.9% in the 2nd quarter. First Trust Advisors LP now owns 52,473 shares of the real estate investment trust’s stock valued at $2,942,000 after purchasing an additional 23,135 shares during the period. Finally, Amundi raised its holdings in shares of Terreno Realty by 18.6% in the 2nd quarter. Amundi now owns 67,020 shares of the real estate investment trust’s stock valued at $3,799,000 after purchasing an additional 10,525 shares during the period.

Terreno Realty Price Performance

Shares of TRNO opened at $68.21 on Friday. The company’s 50-day moving average is $69.00 and its 200-day moving average is $66.19. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market capitalization of $7.43 billion, a PE ratio of 18.29 and a beta of 1.03. Terreno Realty Corporation has a fifty-two week low of $55.70 and a fifty-two week high of $78.94.

Terreno Realty (NYSE:TRNO – Get Free Report) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.54 EPS for the quarter, topping the consensus estimate of $0.41 by $0.13. Terreno Realty had a net margin of 77.22% and a return on equity of 9.21%. The business had revenue of $124.71 million during the quarter, compared to the consensus estimate of $127.15 million. Equities analysts forecast that Terreno Realty Corporation will post 2.82 EPS for the current year.

Terreno Realty Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 3.3%. This is a boost from Terreno Realty’s previous quarterly dividend of $0.52. The ex-dividend date is Wednesday, September 30th. Terreno Realty’s dividend payout ratio (DPR) is 55.76%.

Insider Activity at Terreno Realty

In other news, EVP John Tull Meyer sold 4,447 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $68.64, for a total value of $305,242.08. Following the transaction, the executive vice president owned 131,825 shares of the company’s stock, valued at approximately $9,048,468. This represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael A. Coke sold 8,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $68.38, for a total value of $547,040.00. Following the transaction, the president owned 425,381 shares in the company, valued at approximately $29,087,552.78. This trade represents a 1.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

TRNO has been the subject of a number of research analyst reports. Piper Sandler lifted their price target on Terreno Realty from $79.00 to $91.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Scotiabank upped their price objective on Terreno Realty from $68.00 to $72.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Robert W. Baird set a $69.00 price objective on Terreno Realty in a research report on Friday, May 8th. Wells Fargo & Company cut their price objective on Terreno Realty from $68.00 to $64.00 and set an “equal weight” rating for the company in a research report on Monday, June 1st. Finally, Citigroup lifted their target price on Terreno Realty from $70.00 to $73.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.86.

Check Out Our Latest Analysis on TRNO

Terreno Realty Profile

(Free Report)

Terreno Realty Corporation (NYSE: TRNO) is a real estate investment trust specializing in the acquisition, ownership and operation of industrial properties in key coastal markets across the United States. The company’s portfolio primarily consists of bulk distribution, warehouse and light-industrial assets that serve a diverse tenant base, including third-party logistics providers, e-commerce companies and manufacturers. Terreno aims to generate stable rental income while pursuing long-term capital appreciation through targeted investment and active asset management.

Terreno focuses on eight major coastal regions, emphasizing markets with strong supply-and-demand fundamentals and barriers to new development.