PNC Financial Services Group Inc. Purchases 4,199 Shares of Digital Realty Trust, Inc. $DLR

PNC Financial Services Group Inc. increased its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,730 shares of the real estate investment trust’s stock after purchasing an additional 4,199 shares during the period. PNC Financial Services Group Inc.’s holdings in Digital Realty Trust were worth $8,601,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DLR. Bison Wealth LLC boosted its position in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares during the period. Empowered Funds LLC increased its position in Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares during the period. NewEdge Advisors LLC raised its stake in Digital Realty Trust by 23.0% in the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock worth $3,790,000 after purchasing an additional 4,069 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in Digital Realty Trust by 3.9% in the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after purchasing an additional 5,909 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in Digital Realty Trust by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 231 shares during the period. 99.71% of the stock is currently owned by institutional investors.

Key Headlines Impacting Digital Realty Trust

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Digital Realty reported Q2 results that showed strong leasing activity, a record backlog, and higher renewal rents, which helped the company beat FFO expectations and improve its 2026 outlook.
• Positive Sentiment: The company raised FY 2026 adjusted FFO guidance to $8.15-$8.20 per share and lifted revenue guidance to $6.9 billion-$7.0 billion, signaling confidence in continued cloud and AI-driven demand.
• Positive Sentiment: TD Cowen upgraded Digital Realty Trust to Buy from Hold and raised its price target to $222 from $192, citing stronger data center demand. Article Title
• Positive Sentiment: JPMorgan also raised its price target on DLR to $235 from $230 and reiterated an Overweight rating, implying additional upside from current levels. Article Title
• Neutral Sentiment: Despite the upbeat guidance, the company’s reported EPS of $1.21 came in well below Wall Street expectations, so investors are balancing the earnings miss against the stronger operating trends.

Digital Realty Trust Trading Down 0.2%

Shares of Digital Realty Trust stock opened at $198.63 on Monday. The company has a quick ratio of 1.59, a current ratio of 0.87 and a debt-to-equity ratio of 0.68. Digital Realty Trust, Inc. has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a market capitalization of $69.80 billion, a price-to-earnings ratio of 96.42, a PEG ratio of 5.27 and a beta of 1.03. The firm’s 50-day moving average price is $184.56 and its two-hundred day moving average price is $180.89.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the firm posted $1.87 earnings per share. Digital Realty Trust’s quarterly revenue was up 28.9% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, analysts forecast that Digital Realty Trust, Inc. will post 8.26 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s payout ratio is currently 236.89%.

Analyst Upgrades and Downgrades

DLR has been the topic of a number of analyst reports. TD Cowen upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the stock from $192.00 to $222.00 in a research report on Friday. Scotiabank boosted their price target on Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. BTIG Research began coverage on Digital Realty Trust in a research report on Friday, July 10th. They set a “buy” rating and a $215.00 price target on the stock. BNP Paribas Exane raised their price objective on Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Digital Realty Trust from $230.00 to $235.00 and gave the company an “overweight” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $217.38.

Digital Realty Trust Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.