Stag Industrial, Inc. $STAG Holdings Trimmed by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY decreased its holdings in Stag Industrial, Inc. (NYSE:STAG) by 97.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 15,910 shares of the real estate investment trust’s stock after selling 570,972 shares during the period. Miller Howard Investments Inc. NY’s holdings in Stag Industrial were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STAG. BlackRock Inc. acquired a new position in shares of Stag Industrial in the 2nd quarter valued at approximately $1,097,126,000. Bank of New York Mellon Corp bought a new position in Stag Industrial in the 2nd quarter valued at approximately $58,805,000. Bank of America Corp DE bought a new position in shares of Stag Industrial during the second quarter valued at $55,184,000. Jupiter Topco LLC acquired a new position in Stag Industrial during the 2nd quarter worth about $43,461,000. Finally, Legal & General Group Plc acquired a new position in shares of Stag Industrial in the second quarter worth approximately $36,392,000. 88.67% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Stag Industrial

Here are the key news stories impacting Stag Industrial this week:

• Positive Sentiment: STAG authorized a share-repurchase program of up to $250 million, which could support per-share results and signal that management considers the shares attractively valued. The board also declared a fourth-quarter dividend of $0.3875 per share. STAG Industrial Announces Third Quarter 2026 Results
• Positive Sentiment: Third-quarter revenue increased 9.4% year over year to $231.0 million, exceeding the approximately $227.2 million analyst consensus. Net income attributable to common shareholders rose 45.4% to $70.7 million, or $0.37 per diluted share. STAG Industrial Earnings Results
• Positive Sentiment: Management cited improving industrial real-estate fundamentals, while leasing activity produced a strong 23.8% cash-rent change. Portfolio occupancy stood at 95.9%, or 96.2% for the operating portfolio, and the company raised its 2026 guidance. STAG Industrial Q3 Rental Income and Guidance
• Neutral Sentiment: FFO was $0.66 per share, up from $0.65 a year earlier but exactly in line with analyst expectations. The lack of an FFO beat may help explain why the stock’s reaction was muted despite stronger revenue and earnings. STAG Industrial Q3 FFO Meets Estimates
• Neutral Sentiment: STAG acquired two buildings for $107.9 million and sold four for $67.9 million during the quarter, indicating active portfolio management but a net reduction in property acquisitions for the period. STAG Industrial Posts Third-Quarter Revenue

Stag Industrial Trading Down 0.5%

Shares of NYSE:STAG opened at $36.13 on Wednesday. The company has a 50-day moving average price of $36.71 and a two-hundred day moving average price of $37.89. Stag Industrial, Inc. has a twelve month low of $35.14 and a twelve month high of $42.61.

Stag Industrial (NYSE:STAG) last released its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $0.66 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $231.05 million during the quarter, compared to analysts’ expectations of $227.16 million. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. As a group, sell-side analysts anticipate that Stag Industrial, Inc. will post 2.63 EPS for the current fiscal year.

Stag Industrial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a dividend of $0.3875 per share. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $1.55 annualized dividend and a yield of 4.3%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Weiss Ratings lowered shares of Stag Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 25th. Wells Fargo & Company cut their target price on Stag Industrial from $40.00 to $38.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Wall Street Zen upgraded Stag Industrial from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Robert W. Baird raised shares of Stag Industrial from a “neutral” rating to an “outperform” rating and set a $42.00 price objective on the stock in a report on Monday, August 31st. Finally, Barclays boosted their target price on Stag Industrial from $38.00 to $41.00 and gave the stock an “underweight” rating in a research note on Thursday, July 16th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Stag Industrial presently has an average rating of “Hold” and an average price target of $41.11.

Stag Industrial Company Profile

STAG Industrial, Inc is a real estate investment trust (REIT) that owns, operates and acquires industrial properties throughout the United States. The company focuses primarily on single-tenant properties, which it leases to businesses for uses such as warehousing, distribution, manufacturing and logistics.

Its portfolio includes a range of industrial facilities serving tenants across diverse industries and geographic markets. STAG Industrial’s business activities include property acquisition, leasing, management and development, with an emphasis on facilities that support supply-chain and operating requirements.

Founded in 2010 and headquartered in Boston, Massachusetts, STAG Industrial became a publicly traded company in 2011.