PECO Expands Northwestern Mutual Venture and Raises 2026 Acquisition Outlook
Phillips Edison & Co (PECO) shares rose after the company expanded its joint venture with Northwestern Mutual, raising its 2026 acquisition outlook and reaffirming full-year earnings guidance. The REIT will sell 13 grocery-anchored shopping centers to Northwestern Mutual for $377.5 million, retaining 14% ownership and management fees, and plans to reinvest the proceeds. PECO also increased its gross acquisitions outlook to $600 million-$700 million and its dispositions outlook to $200 million-$250 million, while reaffirming diluted net income, Nareit FFO, and Core FFO guidance.
Phillips Edison & Company expands JV with Northwestern Mutual; reaffirms 2026 FFO guidance, ups acquisitions to $600–700M
Phillips Edison & Company (PECO) has reaffirmed its full-year 2026 earnings guidance and announced a significant expansion of its joint venture with Northwestern Mutual, valued at $377.5 million. The company raised its gross acquisitions guidance for 2026 to $600M–$700M and increased disposition expectations, while the expanded JV extends the term of Grocery Retail Partners I and provides capital for future acquisitions. PECO retains a 14% interest in the newly acquired centers and will continue management services.
Northwestern Mutual venture to acquire 13 Phillips Edison (PECO) shopping centers
Phillips Edison & Company (PECO) has announced an expansion of its joint venture with Northwestern Mutual, valued at approximately $377.5 million. This venture will acquire 13 grocery-anchored shopping centers from PECO, extending their partnership for 10 years until 2036. PECO also reaffirmed its full-year 2026 earnings guidance and increased its acquisition and disposition expectations.
Phillips Edison & Company Reaffirms Full Year 2026 Earnings Guidance; Increases Full Year 2026 Gross Acquisitions Guidance; Provides Investment Update
Phillips Edison & Company (PECO) has reaffirmed its full-year 2026 earnings guidance and increased its gross acquisitions guidance to a range of $600 million to $700 million. The company reported $459.7 million in assets acquired year-to-date through September 30, 2026, and anticipates 6.2% year-over-year growth in Core FFO per diluted share at the midpoint of its guidance. This update reflects the company's commitment to strategic investments in grocery-anchored shopping centers and maintaining balance sheet strength.
Phillips Edison expands Northwestern Mutual JV, raises 2026 acquisitions guidance
Phillips Edison & Company (PECO) is expanding its joint venture with Northwestern Mutual to include 13 grocery-anchored shopping centers valued at approximately $377.5 million. Concurrently, the company has raised its fiscal year 2026 gross acquisitions guidance to $600-$700 million, an increase from its previous guidance of $500-$600 million.
Asset sales totaled $174 million by Sept. 30, while Phillips Edison raised its 2026 buying forecast.
Phillips Edison & Company (PECO) has increased its full-year 2026 gross acquisitions guidance to $600 million–$700 million, up from the previous $500 million–$600 million, while reaffirming its earnings and property operating income outlook. The company reported $459.7 million in acquisitions and $174.0 million in asset sales through September 30, 2026. PECO maintains its diluted per-share guidance for net income, Nareit FFO, and Core FFO, with anticipated year-over-year growth of 6.3% and 6.2% respectively for FFO.
Phillips Edison & Company Announces $377.5 Million Expansion of Joint Venture with Northwestern Mutual
Phillips Edison & Company (PECO) has announced a significant expansion of its joint venture with Northwestern Mutual, extending their partnership for 10 years to 2036. The expanded venture will acquire 13 grocery-anchored shopping centers from PECO for approximately $377.5 million, with Northwestern Mutual holding an 86% interest and PECO retaining 14%. This move provides PECO with capital for future acquisitions and redevelopments, reinforcing its strategy of monetizing stabilized assets to invest in high-growth opportunities while maintaining its role in managing these properties.
Phillips Edison & Company Reaffirms Full Year 2026 Earnings Guidance; Increases Full Year 2026 Gross Acquisitions Guidance; Provides Investment Update
Phillips Edison & Company (PECO) has reaffirmed its full-year 2026 earnings guidance and increased its full-year 2026 gross acquisitions guidance to a range of $600 million to $700 million. The company's year-to-date investment activity includes $459.7 million in acquired assets and $174.0 million in sold assets through September 30, 2026. PECO's updated guidance reflects confidence in its strategy of investing in high-quality, grocery-anchored neighborhood shopping centers and maintaining a strong balance sheet.
Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2026 Earnings Conference Call
Phillips Edison & Company, Inc. (PECO) will announce its Third Quarter 2026 earnings results on Monday, October 26, 2026, after market close. The company will host an earnings conference call and webcast on Tuesday, October 27, 2026, at 12:00 p.m. ET to discuss the results. PECO, a major owner and operator of grocery-anchored shopping centers, also provided details for accessing the call and information about the company.
Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2026 Earnings Conference Call
Phillips Edison & Company, Inc. (PECO) announced it will release its Third Quarter 2026 earnings results on Monday, October 26, 2026, after market close. The company will host an earnings conference call and webcast on Tuesday, October 27, 2026, at 12:00 p.m. ET to discuss the results. Interested parties can access the call via a toll-free number or webcast link provided by the company.
Phillips Edison & Company Inc. Invites You to Join Its Third Quarter 2026 Earnings Conference Call
Phillips Edison & Company Inc. (PECO) announced it will release its Third Quarter 2026 earnings results on Monday, October 26, 2026, after market close. The company will host a conference call and webcast on Tuesday, October 27, 2026, at 12:00 p.m. ET to discuss these results. Details for joining the call and webcast are provided, and a replay will be available afterward.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Stock Has Consensus Target Price of $43.44
Phillips Edison & Company, Inc. (PECO) has a consensus "Hold" rating from analysts, with an average 12-month price target of $43.44 against its current price of $37.12. Despite exceeding revenue estimates with $189.62 million, the company missed EPS estimates at $0.33. PECO has announced a monthly dividend of $0.115 per share, representing a 3.7% yield, and institutional investors hold approximately 80.7% of the stock.
Phillips Edison (PECO) Has Investors Looking Twice, But What Is Driving It?
Phillips Edison (PECO) recently increased its annualized dividend by 10.1%, boasting a 3.72% yield and a 48% payout ratio. Despite recent short-term share price declines, the company shows strong long-term shareholder returns and is considered 17% undervalued by some analysts. However, its P/E ratio is higher than both its sector and fair market value, suggesting a premium that may not be justified by its forecast earnings.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Price Target Lowered to $39.00 at Mizuho
Mizuho has lowered its price target for Phillips Edison & Company (NASDAQ:PECO) from $43 to $39, while maintaining an "outperform" rating, suggesting a potential upside of 5.18%. Other analysts have offered mixed ratings, with the company currently holding a consensus "Hold" rating and an average target price of $43.44. Despite a 6.7% year-over-year revenue growth, PECO's latest earnings missed estimates, and institutional investors own approximately 80.7% of the stock.
A shopping-center owner with grocery stores at its sites joins a Sept. 14 webcast panel
Phillips Edison & Company (PECO), a major owner and operator of grocery-anchored shopping centers, announced that its CFO, John Caulfield, will participate in the Retail REIT Panel at the Barclays 24th Annual Global Financial Services Conference on September 14, 2026, at 2:00 p.m. Eastern Time. The panel will be available via live webcast, with a replay posted afterward on the company's investor relations website. This participation highlights PECO's continued engagement with the financial community and its focus on necessity-based retail properties.
Phillips Edison & Company to Participate in Webcast Panel at Barclays 24th Annual Financial Services Conference
Phillips Edison & Company (PECO) announced that its CFO, John Caulfield, will participate in the Retail REIT Panel at the Barclays 24th Annual Global Financial Services Conference on September 14, 2026, at 2:00 p.m. ET. The event will be webcast live, and a replay will be available on the company's investor website. PECO is a major owner and operator of grocery-anchored shopping centers.
Engineers Gate Manager LP Reduces Holdings in Phillips Edison & Company, Inc. $PECO
Engineers Gate Manager LP significantly reduced its stake in Phillips Edison & Company, Inc. (PECO) by 83.1% in Q2 2026, selling 1.46 million shares but still holding 297,382 shares valued at $12.4 million. Despite the reduction, institutional investors collectively own 80.7% of PECO, which analysts rate as a "Hold" with an average price target of $44.33. The company reported revenue exceeding estimates but missed on EPS, and declared a monthly dividend of $0.115 per share.
VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Phillips Edison & Company, Inc. $PECO
Virginia Retirement Systems recently acquired 90,538 shares of Phillips Edison & Company (PECO) for approximately $3.77 million, joining a trend of increased institutional investment in the company. Despite institutional ownership reaching 80.7%, PECO's stock saw a slight dip and its recent quarterly EPS of $0.33 missed consensus estimates, although revenue grew 6.7%. The company declared a monthly dividend of $0.115 per share, yielding 3.6%, while analysts maintain a "Hold" rating with a $44.33 price target.
Ameritas Advisory Services LLC Boosts Holdings in Phillips Edison & Company, Inc. $PECO
Ameritas Advisory Services LLC significantly increased its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 79% during the second quarter, bringing its total holdings to 73,001 shares valued at $3.04 million. Despite institutional investors owning over 80% of the company, analyst sentiment remains cautious with a consensus "Hold" rating. The company reported a 6.7% increase in quarterly revenue but missed EPS estimates, and has declared a monthly dividend of $0.115 per share.
Phillips Edison & Company to Participate in Webcast Panel at Barclays 24th Annual Financial Services Conference
Phillips Edison & Company announced that its Chief Financial Officer, John Caulfield, will participate in the Retail REIT Panel at the Barclays 24th Annual Global Financial Services Conference on September 14, 2026, at 2:00 p.m. ET. The panel will be webcast live, and a replay will be available on the company's investor relations website. Phillips Edison & Company is a major owner and operator of grocery-anchored neighborhood shopping centers.
Phillips Edison & Company to Participate in Webcast Panel at Barclays 24th Annual Financial Services Conference
Phillips Edison & Company (PECO) announced that its Chief Financial Officer, John Caulfield, will participate in the Retail REIT Panel at the Barclays 24th Annual Global Financial Services Conference. The webcast panel is scheduled for Monday, September 14, 2026, at 2:00 p.m. Eastern Time. A replay of the event will be available on the company's investor relations website.
Phillips Edison & Company to Present at BofA Securities 2026 Global Real Estate Conference
Phillips Edison & Company (PECO) announced that its Chairman and CEO, Jeff Edison, and CFO, John Caulfield, are scheduled to present at the BofA Securities 2026 Global Real Estate Conference on September 15, 2026. The presentation will be a roundtable discussion and will be webcast live, with a replay available on the company's investor relations website. PECO is a leading owner and operator of grocery-anchored neighborhood shopping centers.
What Phillips Edison (PECO)'s Sixth Straight Dividend Raise Means For Shareholders
Phillips Edison & Company, Inc. (PECO) has announced a 6.2% increase in its monthly dividend to US$0.115 per share, marking its sixth consecutive annual raise. This move reflects management's confidence in the company's cash generation and long-term operating plan, supported by raised 2026 net income per share guidance. The article explores how this dividend increase strengthens the income-focused investment narrative for shareholders, emphasizing the importance of continued high occupancy and successful portfolio expansion, while also noting potential risks from sustained high interest rates.
Public Employees Retirement System of Ohio Acquires Shares of 144,937 Phillips Edison & Company, Inc. $PECO
The Public Employees Retirement System of Ohio recently acquired 144,937 shares of Phillips Edison & Company, Inc. (PECO), valued at approximately $6.03 million, making it a new stake for the fund. This acquisition represents about 0.11% of the company, with institutional investors collectively owning 80.7% of the stock. Phillips Edison also increased its monthly dividend by 6.2% to $0.115 per share, signaling confidence in its cash generation.
What Properties Does Phillips Edison & Company (NASDAQ:PECO) Actually Own?
Phillips Edison & Company (NASDAQ:PECO) specializes in grocery-anchored, necessity-based shopping centers, focusing on stable cash flows through long-term, triple-net leases with essential retail tenants. The company's strategy emphasizes properties that benefit from consistent consumer demand for groceries and essential goods, distinguishing it from REITs focused on discretionary retail. Beyond property ownership, Phillips Edison provides integrated services like property management, leasing, and development, allowing for comprehensive control over its assets.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Plans Monthly Dividend of $0.12
Phillips Edison & Company, Inc. (NASDAQ:PECO) has announced a monthly dividend of $0.115 per share, an increase of 6.2% from its previous dividend, resulting in a 3.5% annualized yield. While the current payout ratio of 183.1% suggests earnings don't fully cover the dividend, analysts project a future payout ratio of 44.5% based on expected earnings. The company recently reported quarterly earnings of $0.33 per share, missing analyst estimates, despite a 6.7% year-over-year revenue increase.
Phillips Edison & Company, Inc. (NASDAQ:PECO) to Issue $0.12 Monthly Dividend
Phillips Edison & Company, Inc. (NASDAQ:PECO) announced a monthly dividend of $0.115 per share, payable on December 1st to shareholders of record on November 16th. This dividend represents an annualized payout of $1.30 per share and a 3.5% yield. While the current payout ratio of 183.1% indicates earnings don't fully cover the dividend, analysts project future earnings growth to reduce this to about 44.5%.
Phillips Edison & Company, Inc. Declares Monthly Dividend of $0.12 (NASDAQ:PECO)
Phillips Edison & Company, Inc. (NASDAQ:PECO) declared a monthly dividend of $0.115 per share, payable on November 3rd to shareholders of record on October 15th, representing an annualized dividend of $1.30 and a 3.5% yield. While the current payout ratio is high at 183.1%, analysts project a future payout ratio of 44.5% based on expected earnings. The company's stock recently traded at $38.90, with analysts maintaining a consensus "Hold" rating and an average price target of $44.33.
Phillips Edison & Company Raises Monthly Dividend to $0.115 a Share, Payable Oct. 1 to Holders of Record Sept. 15
Phillips Edison & Company has announced a monthly dividend increase to $0.115 per share. This dividend will be payable on October 1 to shareholders of record as of September 15. The real estate investment trust specializes in owning and operating grocery-anchored shopping centers across 31 states.
Phillips Edison Boosts Monthly Dividend, Highlights Shareholder Focus
Phillips Edison & Company (PECO) has announced a 6.2% increase in its monthly dividend to $0.115 per share, marking its sixth consecutive annual raise. The company, which operates 330 grocery-anchored shopping centers, attributes this increase to strong cash flows and a focus on shareholder value. TipRanks' AI Analyst, Spark, rates PECO as "Outperform" due to its solid financial performance and positive earnings call, despite some valuation and near-term momentum concerns.
Wellington Management Group LLP Has $166.95 Million Stock Position in Phillips Edison & Company, Inc. $PECO
Wellington Management Group LLP reduced its stake in Phillips Edison & Company, Inc. by 23% in the second quarter, selling 1.2 million shares but still holding 4.01 million shares valued at approximately $166.95 million. Despite missing EPS consensus, the company reported increased revenue year-over-year and declared a monthly dividend. Analysts currently maintain a "Hold" rating for PECO with an average price target of $44.78.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Given Average Recommendation of "Hold" by Brokerages
Phillips Edison & Company, Inc. (NASDAQ:PECO) has received an average "Hold" recommendation from nine brokerages, with six analysts advising to hold and three to buy. The average 12-month price target is $44.78, which is above the current share price of $39.07. Despite missing consensus EPS estimates in its recent earnings report, the company saw a 6.7% increase in revenue year-over-year and maintains high institutional ownership at 80.7%, along with a declared monthly dividend.
Odyssean LLC Has $2.95 Million Stock Holdings in Phillips Edison & Company, Inc. $PECO
Odyssean LLC significantly increased its stake in Phillips Edison & Company, Inc. (PECO) by 84.5% in the second quarter, now holding 70,815 shares valued at $2.95 million. Despite the company reporting higher-than-expected revenue of $189.62 million, its earnings per share of $0.33 fell short of the consensus forecast. Analysts maintain a "Hold" rating on PECO, with an average price target of $44.78.
OVERSEA CHINESE BANKING Corp Ltd Purchases Shares of 27,137 Phillips Edison & Company, Inc. $PECO
OVERSEA CHINESE BANKING Corp Ltd acquired 27,137 shares of Phillips Edison & Company, Inc. (NASDAQ:PECO) valued at approximately $2.61 million during the second quarter. Phillips Edison reported quarterly revenue of $189.62 million, exceeding estimates, but earnings per share of $0.33 missed the consensus forecast. The company also declared a monthly dividend of $0.1083 per share, yielding about 3.3%, and analysts maintain a consensus "Hold" rating with an average price target of $44.78.
Phillips Edison & Company (PECO) Upgraded to Buy: Here's Why
Phillips Edison & Company (PECO) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in its earnings estimates. The Zacks rating system emphasizes earnings estimate revisions as a key factor influencing stock prices, indicating a positive outlook for the company's business and potential stock price increase. Over the past three months, the Zacks Consensus Estimate for PECO's fiscal year 2026 earnings has increased by 0.5%, reinforcing its solid candidate status for market-beating returns.
Phillips Edison & Company announces $400 million at-the-market stock offering
Phillips Edison & Company (NASDAQ:PECO) announced a $400 million at-the-market (ATM) equity offering to fund property acquisitions, repay borrowings, and for general corporate purposes. The company has a healthy current ratio of 1.57 and has consistently raised its dividend for six consecutive years, currently yielding 3.25%. This announcement follows a strong second-quarter 2026 earnings report where the company surpassed analyst expectations with earnings of $0.33 per share on revenue of $189.62 million, attributing success to record occupancy rates and strong leasing spreads.
Phillips Edison launches $400M at-the-market common stock offering program
Phillips Edison (PECO) has initiated an at-the-market common stock offering program, aiming to sell up to $400 million worth of common stock. The proceeds from this offering are intended for the operating partnership to repay revolver borrowings, fund acquisitions, and for other general corporate purposes. The sales will occur on Nasdaq, with agents' commissions and forward seller compensation capped at 2.0% of the gross sales price.
Phillips Edison & Company announces $400 million at-the-market stock offering
Phillips Edison & Company (NASDAQ:PECO) has announced a $400 million at-the-market (ATM) equity offering for its common stock through a sales agreement with several financial institutions. The company intends to use the net proceeds to repay borrowings, fund acquisitions, and for general corporate purposes. This offering follows a strong second quarter in 2026 where the company surpassed earnings expectations with record occupancy rates and strong leasing spreads.
Phillips Edison (PECO) sets up $400M at-the-market and forward stock program
Phillips Edison & Company (PECO) has launched a continuous equity offering program, allowing it to sell up to $400 million in common stock through at-the-market offerings and forward sale agreements. The net proceeds from direct sales and cash settlements of forward agreements will be used by its operating partnership to repay borrowings, fund property acquisitions, and address other corporate purposes, including debt repayment. The program emphasizes that the $400 million represents authorized capacity, not immediate proceeds, and future sales could lead to dilution for existing shareholders.
Form 8K Phillips Edison & Co Inc For: 10 August By Investing.com
The article reports that Phillips Edison & Co Inc filed a Form 8K on August 10. This filing is a standard SEC disclosure used to announce significant events that shareholders should know about. The brief piece indicates this as a stock market update.
Quantinno Capital Management LP Has $3.90 Million Stock Holdings in Phillips Edison & Company, Inc. $PECO
Quantinno Capital Management LP significantly increased its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 317.7% in the first quarter, now holding 104,283 shares valued at approximately $3.9 million. Despite this, analysts maintain a "Hold" rating for PECO with an average price target of $44.67. The company reported quarterly EPS of $0.33, missing estimates, but saw revenue rise 6.7% year-over-year to $189.62 million and declared a monthly dividend yielding about 3.2%.
California State Teachers Retirement System Acquires 28,041 Shares of Phillips Edison & Company, Inc. $PECO
The California State Teachers Retirement System increased its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO) by 23.4%, purchasing an additional 28,041 shares to own a total of 148,020 shares valued at approximately $5.54 million. This move is part of broader institutional investor activity, with 80.7% of Phillips Edison's stock held by such entities. Despite the company reporting mixed financial results—revenue up but EPS missing estimates—analysts maintain a neutral outlook with an average price target of $44.67.
Phillips Edison & Company, Inc. Announces A Monthly Dividend Distribution on Common Stock, Payable on September 1, 2026
Phillips Edison & Company, Inc. (PECO) announced a monthly dividend distribution of $0.1083 per share of common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. Operating partnership unit holders will receive distributions at the same rate.
Phillips Edison & Company declares $0.1083 monthly dividend payable Sept. 1
Phillips Edison & Company (PECO) has declared a monthly dividend of $0.1083 per share for August 2026, payable on or around September 1, 2026. This distribution applies to shareholders of record as of August 17, 2026, and also extends to operating partnership unit holders. The declaration was made via a press release filed as Exhibit 99.1 to a Form 8-K dated August 5, 2026.
Phillips Edison & Company, Inc. (NASDAQ:PECO) to Issue $0.11 Monthly Dividend
Phillips Edison & Company (NASDAQ:PECO) announced a monthly dividend of $0.1083 per share, payable September 1st, representing an annualized yield of 3.1%. Despite a current high payout ratio of 183.1% (meaning earnings don't cover the dividend), analysts project a future payout ratio of 44.8%, suggesting the dividend will be sustainable with expected earnings growth. The company recently missed EPS estimates but saw a 6.7% revenue increase year over year, and analysts maintain a consensus "Hold" rating with an average price target of $44.67.
Phillips Edison & Company, Inc. (NASDAQ:PECO) Given Consensus Rating of "Hold" by Analysts
Phillips Edison & Company, Inc. (NASDAQ:PECO) has received a consensus "Hold" rating from analysts, with six of nine recommending a hold and three a buy. The average 12-month price target is $44.67, slightly above its current share price of $41.58, despite the company missing quarterly earnings expectations but seeing a 6.7% increase in revenue. Institutional investors hold a significant 80.7% stake, and the company has declared a monthly dividend implying a 3.1% annualized yield.
ETFs Investing in Phillips Edison & Company, Inc. Stocks
This article provides a comprehensive list of Exchange Traded Funds (ETFs) that hold Phillips Edison & Company, Inc. stocks. The data is sorted by market value and includes various metrics such as weight, issuer, management style, expense ratio, assets under management (AUM), price, and 3-year NAV total return for each ETF. The aim is to help investors identify accessible opportunities with lower risk through diversified ETF investments.
Phillips Edison Sets Sept. 1 Payment; Record Date Aug. 17
Phillips Edison & Company (Nasdaq: PECO) announced a monthly cash dividend of $0.1083 per share for its common stock. The dividend is scheduled for payment on September 1, 2026, to shareholders of record as of August 17, 2026. Operating partnership unit holders will also receive distributions at the same rate.
Press Release: Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (PECO) has declared a monthly cash dividend of $0.09166667 per share of common stock for August 2026. This dividend is payable on September 15, 2026, to shareholders of record as of August 31, 2026. The announcement reflects the company's commitment to returning value to its investors through regular distributions.
Phillips Edison & Company Declares Monthly Dividend
Phillips Edison & Company (Nasdaq: PECO) announced a monthly dividend distribution of $0.1083 per share for its common stock. This dividend is payable on September 1, 2026, to stockholders of record as of August 17, 2026. The company, which specializes in grocery-anchored neighborhood shopping centers, also noted that operating partnership unit holders receive distributions at the same rate.
