Insider Buying: Broadstone Net Lease (NYSE:BNL) Director Purchases $106,100.00 in Stock

Posted by Francis Steltz on Aug 27th, 2026

Broadstone Net Lease, Inc. (NYSE:BNL – Get Free Report) Director Richard Imperiale acquired 5,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of $21.22 per share, with a total value of $106,100.00. Following the completion of the transaction, the director owned 26,250 shares of the company’s stock, valued at approximately $557,025. The trade was a 23.53% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Broadstone Net Lease Trading Down 1.1%

BNL stock opened at $21.32 on Thursday. The firm has a market capitalization of $4.09 billion, a PE ratio of 28.05 and a beta of 0.92. Broadstone Net Lease, Inc. has a 1-year low of $17.16 and a 1-year high of $23.10. The business’s 50 day simple moving average is $21.47 and its 200 day simple moving average is $20.31.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. Broadstone Net Lease had a return on equity of 4.83% and a net margin of 30.61%.The business had revenue of $122.31 million for the quarter, compared to analysts’ expectations of $121.63 million. Broadstone Net Lease has set its FY 2026 guidance at 1.550-1.570 EPS. As a group, sell-side analysts predict that Broadstone Net Lease, Inc. will post 1.53 EPS for the current fiscal year.

Broadstone Net Lease Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a $0.2925 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.17 annualized dividend and a dividend yield of 5.5%. Broadstone Net Lease’s dividend payout ratio is presently 153.95%.

Institutional Investors Weigh In On Broadstone Net Lease

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its stake in Broadstone Net Lease by 69.9% in the 1st quarter. Royal Bank of Canada now owns 91,943 shares of the company’s stock worth $1,566,000 after purchasing an additional 37,830 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Broadstone Net Lease by 52.8% during the 1st quarter. AQR Capital Management LLC now owns 25,599 shares of the company’s stock worth $436,000 after purchasing an additional 8,848 shares in the last quarter. Millennium Management LLC grew its position in shares of Broadstone Net Lease by 2.3% during the 1st quarter. Millennium Management LLC now owns 1,147,372 shares of the company’s stock worth $19,551,000 after purchasing an additional 25,944 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Broadstone Net Lease by 5.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,283,889 shares of the company’s stock worth $21,877,000 after purchasing an additional 70,534 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Broadstone Net Lease by 292.3% during the first quarter. Jane Street Group LLC now owns 553,738 shares of the company’s stock worth $9,436,000 after purchasing an additional 412,604 shares during the period. Institutional investors own 89.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BNL. Truist Financial set a $22.00 target price on shares of Broadstone Net Lease in a report on Monday, June 8th. KeyCorp increased their price target on shares of Broadstone Net Lease from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Cantor Fitzgerald raised their price objective on shares of Broadstone Net Lease from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Citizens Jmp cut Broadstone Net Lease from an “outperform” rating to a “market perform” rating in a report on Friday, June 12th. Finally, The Goldman Sachs Group upped their target price on Broadstone Net Lease from $23.00 to $26.00 and gave the company a “buy” rating in a research report on Saturday, August 1st. Seven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $22.78.

View Our Latest Research Report on BNL

About Broadstone Net Lease

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.