First Industrial Realty Trust, Inc. $FR Stock Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 21.5% in the third quarter, Holdings Channel reports. The institutional investor owned 180,619 shares of the real estate investment trust’s stock after buying an additional 32,000 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in First Industrial Realty Trust were worth $10,754,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in FR. Trust Co. of Vermont purchased a new stake in shares of First Industrial Realty Trust in the second quarter valued at about $39,000. Elevation Wealth Partners LLC increased its stake in shares of First Industrial Realty Trust by 94.1% during the third quarter. Elevation Wealth Partners LLC now owns 751 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 364 shares during the period. Persistent Asset Partners Ltd acquired a new position in shares of First Industrial Realty Trust during the second quarter worth about $70,000. State of Wyoming acquired a new position in shares of First Industrial Realty Trust during the second quarter worth about $71,000. Finally, Parallel Advisors LLC increased its stake in shares of First Industrial Realty Trust by 120.8% during the first quarter. Parallel Advisors LLC now owns 1,382 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 756 shares during the period. Institutional investors and hedge funds own 99.85% of the company’s stock.

Analysts Set New Price Targets

FR has been the subject of several analyst reports. Barclays increased their price target on shares of First Industrial Realty Trust from $64.00 to $69.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Citigroup lifted their price objective on First Industrial Realty Trust from $63.00 to $72.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. Royal Bank Of Canada boosted their target price on First Industrial Realty Trust from $68.00 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Wells Fargo & Company boosted their target price on First Industrial Realty Trust from $61.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 1st. Finally, Scotiabank increased their target price on First Industrial Realty Trust from $63.00 to $66.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $69.00.

First Industrial Realty Trust News Summary

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

• Positive Sentiment: Management raised or reaffirmed a constructive FY 2026 outlook, providing EPS guidance of $3.15–$3.19 versus the $3.17 analyst consensus. The update suggests expected earnings remain broadly on track despite the quarterly shortfall. First Industrial Realty Trust Raises Earnings Guidance
• Positive Sentiment: Third-quarter revenue increased 8.6% year over year to approximately $197.1 million, slightly exceeding expectations. FFO was $0.81 per share, up from $0.76 a year earlier, indicating continued underlying growth. First Industrial Realty Trust Q3 FFO Miss Estimates
• Neutral Sentiment: Raymond James moved its rating to “Outperform.” Although the change represents a downgrade from its prior view, the firm remains bullish on FR’s shares. Raymond James Rating Update
• Negative Sentiment: FFO of $0.81 per share narrowly missed the $0.82 consensus estimate, while reported EPS of $0.44 was well below the $0.82 forecast. The earnings miss is weighing on sentiment despite the revenue beat. First Industrial Realty Trust Third-Quarter Results
• Negative Sentiment: Investors remain concerned about the pace and visibility of future development activity, raising questions about the company’s growth pipeline. Those concerns appear to be offsetting the benefits of the higher full-year guidance. First Industrial Realty Trust Stock Price Falls as Q3 Results Raise Pipeline Questions

First Industrial Realty Trust Price Performance

First Industrial Realty Trust stock opened at $54.48 on Friday. First Industrial Realty Trust, Inc. has a one year low of $54.20 and a one year high of $69.88. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.44 and a current ratio of 1.06. The business has a fifty day moving average of $60.76 and a two-hundred day moving average of $62.29. The company has a market cap of $7.22 billion, a P/E ratio of 20.25 and a beta of 1.03.

First Industrial Realty Trust (NYSE:FR) last issued its earnings results on Wednesday, October 21st. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.38). The company had revenue of $197.12 million for the quarter, compared to analysts’ expectations of $196.41 million. First Industrial Realty Trust had a return on equity of 12.60% and a net margin of 46.12%. First Industrial Realty Trust’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. As a group, analysts predict that First Industrial Realty Trust, Inc. will post 3.16 earnings per share for the current fiscal year.

First Industrial Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 19th. Stockholders of record on Wednesday, September 30th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, September 30th. First Industrial Realty Trust’s dividend payout ratio (DPR) is currently 74.35%.

First Industrial Realty Trust Profile

First Industrial Realty Trust, Inc (NYSE: FR) is a real estate investment trust focused on the ownership, management, acquisition, development and redevelopment of industrial properties in the United States. Its portfolio primarily serves businesses that require space for distribution, warehousing, manufacturing, light industrial operations and other logistics-related activities.

The company leases its properties to a diverse group of tenants, including retailers, manufacturers, logistics providers and third-party distribution companies.