Piedmont Realty Trust (NYSE:PDM) Sees Large Volume Increase – Should You Buy?

Posted by Brian Himes on Sep 17th, 2026

Piedmont Realty Trust, Inc. (NYSE:PDM – Get Free Report) shares saw unusually-strong trading volume on Tuesday . 6,284,057 shares changed hands during trading, an increase of 484% from the previous session’s volume of 1,076,832 shares.The stock last traded at $9.4550 and had previously closed at $9.20.

Analyst Ratings Changes

PDM has been the subject of a number of research reports. Truist Financial reiterated a “buy” rating and issued a $11.00 price objective (up from $10.00) on shares of Piedmont Realty Trust in a research report on Monday, June 15th. Weiss Ratings cut shares of Piedmont Realty Trust from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Thursday, July 30th. Robert W. Baird boosted their price target on shares of Piedmont Realty Trust from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, August 14th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Piedmont Realty Trust from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, September 9th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $10.67.

Read Our Latest Analysis on PDM

Piedmont Realty Trust Stock Performance

The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.36 and a current ratio of 1.36. The stock’s 50-day moving average is $9.61 and its 200 day moving average is $8.55. The firm has a market cap of $1.17 billion, a P/E ratio of -14.38 and a beta of 1.36.

Piedmont Realty Trust (NYSE:PDM – Get Free Report) last posted its earnings results on Tuesday, July 28th. The real estate investment trust reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Piedmont Realty Trust had a negative return on equity of 5.39% and a negative net margin of 14.18%.The business had revenue of $144.12 million for the quarter, compared to the consensus estimate of $133.68 million. Piedmont Realty Trust has set its FY 2026 guidance at 1.500-1.550 EPS. On average, research analysts predict that Piedmont Realty Trust, Inc. will post 1.52 earnings per share for the current year.

Institutional Trading of Piedmont Realty Trust

Hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC acquired a new position in shares of Piedmont Realty Trust in the second quarter valued at approximately $168,000. Tidal Investments LLC raised its holdings in shares of Piedmont Realty Trust by 8.3% during the second quarter. Tidal Investments LLC now owns 26,594 shares of the real estate investment trust’s stock worth $243,000 after acquiring an additional 2,044 shares during the period. Readystate Asset Management LP bought a new stake in Piedmont Realty Trust in the 2nd quarter valued at $94,000. HB Wealth Management LLC bought a new stake in Piedmont Realty Trust in the 2nd quarter valued at $204,000. Finally, Wellington Management Group LLP boosted its stake in Piedmont Realty Trust by 16.5% in the 2nd quarter. Wellington Management Group LLP now owns 3,350,794 shares of the real estate investment trust’s stock worth $30,660,000 after purchasing an additional 474,144 shares during the period. 84.48% of the stock is currently owned by institutional investors and hedge funds.

Piedmont Realty Trust Company Profile

(Get Free Report)

Piedmont Office Realty Trust, Inc is a self-managed real estate investment trust that owns, leases and manages primarily Class A office properties. The company provides office space and related property services to corporate and institutional tenants, with an emphasis on well-located buildings in major U.S. business markets.

Piedmont’s portfolio has historically been concentrated in Sun Belt and other strategic office markets, including Atlanta, Boston, Dallas, Northern Virginia, Orlando, Southern California and the Washington, DC, area.