Susquehanna Fundamental Investments LLC Takes $3.10 Million Position in NNN REIT, Inc. $NNN

Posted by Brian Himes on Sep 1st, 2026

Susquehanna Fundamental Investments LLC bought a new position in NNN REIT, Inc. (NYSE:NNN – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 66,610 shares of the real estate investment trust’s stock, valued at approximately $3,099,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NNN. BlackRock Inc. bought a new stake in NNN REIT in the second quarter worth $1,242,752,000. Bank of America Corp DE bought a new position in NNN REIT during the second quarter valued at $87,737,000. Bank of New York Mellon Corp purchased a new stake in shares of NNN REIT in the second quarter valued at $85,430,000. Equity Investment Corp bought a new stake in shares of NNN REIT in the 2nd quarter worth about $77,566,000. Finally, Jefferies Financial Group Inc. purchased a new position in shares of NNN REIT during the 2nd quarter worth about $66,584,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

NNN REIT Trading Down 1.0%

Shares of NNN opened at $45.20 on Tuesday. The firm has a market capitalization of $8.68 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 7.38 and a beta of 0.79. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.15 and a quick ratio of 1.15. NNN REIT, Inc. has a 1-year low of $38.90 and a 1-year high of $50.00. The company has a 50-day moving average of $47.10 and a 200 day moving average of $45.30.

NNN REIT (NYSE:NNN – Get Free Report) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The business had revenue of $244.27 million for the quarter, compared to the consensus estimate of $240.19 million. NNN REIT had a net margin of 40.35% and a return on equity of 8.70%. NNN REIT has set its FY 2026 guidance at 3.500-3.540 EPS. On average, research analysts expect that NNN REIT, Inc. will post 3.5 EPS for the current year.

NNN REIT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 5.5%. This is an increase from NNN REIT’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, July 31st. NNN REIT’s payout ratio is currently 121.57%.

Analysts Set New Price Targets

Several brokerages recently commented on NNN. Royal Bank Of Canada upped their price target on shares of NNN REIT from $44.00 to $47.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th. Wall Street Zen raised shares of NNN REIT from a “sell” rating to a “hold” rating in a research note on Sunday, June 28th. Jefferies Financial Group assumed coverage on NNN REIT in a research note on Monday, June 1st. They set a “hold” rating and a $47.00 target price on the stock. B. Riley Financial reiterated a “neutral” rating and issued a $47.50 price target (up from $46.00) on shares of NNN REIT in a report on Wednesday, August 12th. Finally, Morgan Stanley lowered NNN REIT from an “overweight” rating to an “equal weight” rating and set a $50.00 price target for the company. in a research note on Monday, July 20th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $47.60.

View Our Latest Report on NNN REIT

NNN REIT Profile

(Free Report)

NNN REIT (NYSE: NNN), formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.