Jupiter Topco LLC Invests $36.96 Million in NETSTREIT Corp. $NTST

Jupiter Topco LLC acquired a new position in NETSTREIT Corp. (NYSE:NTST) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,747,210 shares of the company’s stock, valued at approximately $36,959,000. Jupiter Topco LLC owned approximately 1.72% of NETSTREIT at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Loomis Sayles & Co. L P raised its stake in NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after acquiring an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of NETSTREIT in the fourth quarter worth $44,000. Inspire Investing LLC acquired a new position in shares of NETSTREIT during the fourth quarter valued at $45,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of NETSTREIT during the fourth quarter valued at $64,000.

NETSTREIT Trading Down 0.1%

Shares of NYSE:NTST opened at $20.49 on Friday. NETSTREIT Corp. has a 1-year low of $17.02 and a 1-year high of $22.47. The company has a 50 day moving average price of $21.13 and a 200 day moving average price of $20.46. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 136.60, a PEG ratio of 2.65 and a beta of 0.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55.

NETSTREIT (NYSE:NTST) last announced its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The company had revenue of $61.28 million for the quarter, compared to analyst estimates of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, research analysts anticipate that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s payout ratio is presently 586.67%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NTST. Robert W. Baird increased their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. UBS Group set a $22.00 price objective on shares of NETSTREIT in a research note on Thursday, June 18th. Scotiabank dropped their target price on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Jefferies Financial Group reissued a “buy” rating and issued a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company upped their price objective on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.19.

Insider Buying and Selling

In other news, CEO Mark Manheimer acquired 5,000 shares of NETSTREIT stock in a transaction on Thursday, June 18th. The stock was bought at an average cost of $19.19 per share, with a total value of $95,950.00. Following the completion of the purchase, the chief executive officer owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.66% of the company’s stock.

About NETSTREIT

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.