Odyssean LLC Grows Stake in Terreno Realty Corporation $TRNO

Posted by Francis Steltz on Sep 5th, 2026

Odyssean LLC raised its holdings in shares of Terreno Realty Corporation (NYSE:TRNO – Free Report) by 88.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,192 shares of the real estate investment trust’s stock after purchasing an additional 20,687 shares during the period. Odyssean LLC’s holdings in Terreno Realty were worth $2,862,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in Terreno Realty by 57.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 438 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 159 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Terreno Realty by 52.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 172 shares during the last quarter. UMB Bank n.a. boosted its holdings in Terreno Realty by 49.4% in the fourth quarter. UMB Bank n.a. now owns 535 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 177 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Terreno Realty by 15.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,445 shares of the real estate investment trust’s stock worth $81,000 after acquiring an additional 193 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in shares of Terreno Realty by 2.8% during the third quarter. Mackenzie Financial Corp now owns 7,072 shares of the real estate investment trust’s stock worth $401,000 after acquiring an additional 193 shares during the last quarter.

Analyst Upgrades and Downgrades

TRNO has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of Terreno Realty from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Robert W. Baird set a $69.00 target price on shares of Terreno Realty in a research report on Friday, May 8th. Citigroup upped their price target on shares of Terreno Realty from $70.00 to $73.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Raymond James Financial assumed coverage on shares of Terreno Realty in a report on Wednesday, June 17th. They issued an “underperform” rating for the company. Finally, Piper Sandler boosted their price objective on shares of Terreno Realty from $79.00 to $91.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $73.29.

View Our Latest Analysis on Terreno Realty

Insiders Place Their Bets

In other Terreno Realty news, President Michael Coke sold 8,000 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $68.38, for a total value of $547,040.00. Following the sale, the president directly owned 425,381 shares of the company’s stock, valued at approximately $29,087,552.78. This represents a 1.85% 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, EVP John Meyer sold 4,447 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $68.64, for a total transaction of $305,242.08. Following the completion of the sale, the executive vice president directly owned 131,825 shares in the company, valued at approximately $9,048,468. The trade was a 3.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.90% of the company’s stock.

Terreno Realty Price Performance

Shares of NYSE TRNO opened at $65.71 on Friday. Terreno Realty Corporation has a 52 week low of $55.92 and a 52 week high of $78.94. The business’s 50 day moving average price is $69.30 and its 200 day moving average price is $66.33. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.22. The firm has a market cap of $7.16 billion, a P/E ratio of 17.62 and a beta of 1.02.

Terreno Realty (NYSE:TRNO – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.13. Terreno Realty had a net margin of 77.22% and a return on equity of 9.21%. The company had revenue of $124.71 million during the quarter, compared to analyst estimates of $127.15 million. On average, sell-side analysts expect that Terreno Realty Corporation will post 2.83 earnings per share for the current year.

Terreno Realty Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 3.5%. This is a boost from Terreno Realty’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Wednesday, September 30th. Terreno Realty’s dividend payout ratio is 55.76%.

About Terreno Realty

(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.