Mitsubishi UFJ Trust & Banking Corp Cuts Stake in Empire State Realty Trust, Inc. $ESRT

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Empire State Realty Trust, Inc. (NYSE:ESRT) by 62.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 516,893 shares of the real estate investment trust’s stock after selling 859,237 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Empire State Realty Trust were worth $3,370,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ESRT. Aster Capital Management DIFC Ltd purchased a new stake in shares of Empire State Realty Trust in the 3rd quarter valued at $29,000. Raymond James Financial Inc. purchased a new stake in shares of Empire State Realty Trust in the 2nd quarter valued at $74,000. Abacus Wealth Partners LLC purchased a new stake in shares of Empire State Realty Trust in the 3rd quarter valued at $77,000. Oak Thistle LLC purchased a new stake in Empire State Realty Trust during the 4th quarter valued at $92,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Empire State Realty Trust during the 3rd quarter valued at $94,000. Hedge funds and other institutional investors own 67.10% of the company’s stock.

Empire State Realty Trust Trading Up 0.3%

Shares of ESRT opened at $5.64 on Monday. The stock has a market capitalization of $964.94 million, a P/E ratio of 21.67 and a beta of 1.35. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.22. The firm has a fifty day simple moving average of $5.41 and a two-hundred day simple moving average of $6.33. Empire State Realty Trust, Inc. has a twelve month low of $4.87 and a twelve month high of $8.76.

Empire State Realty Trust (NYSE:ESRT) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.20 earnings per share for the quarter. Empire State Realty Trust had a net margin of 5.09% and a return on equity of 2.20%. The business had revenue of $166.10 million during the quarter. Empire State Realty Trust has set its FY 2026 guidance at 0.850-0.890 EPS. On average, research analysts anticipate that Empire State Realty Trust, Inc. will post 0.87 EPS for the current year.

Empire State Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $0.035 dividend. The ex-dividend date was Friday, March 13th. This represents a $0.14 annualized dividend and a yield of 2.5%. Empire State Realty Trust’s dividend payout ratio is 53.85%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Citigroup dropped their price target on shares of Empire State Realty Trust from $7.00 to $5.75 and set a “neutral” rating for the company in a research report on Wednesday, April 15th. Wells Fargo & Company dropped their price target on shares of Empire State Realty Trust from $6.80 to $6.30 and set an “underweight” rating for the company in a research report on Monday, March 2nd. Weiss Ratings cut shares of Empire State Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, March 4th. Finally, Evercore set a $7.00 price target on shares of Empire State Realty Trust in a research report on Wednesday, February 18th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell” and a consensus price target of $6.35.

Empire State Realty Trust News Summary

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

• Positive Sentiment: Q1 earnings & management commentary: ESRT reported Q1 EPS of $0.20 and management framed the quarter as a solid performance with operational momentum and stable cash flow; the call emphasized leasing activity and portfolio resilience. Empire State Realty Trust Inc (ESRT) Q1 2026 Earnings Call Highlights
• Positive Sentiment: New large office lease: Fashion retailer Steve Madden signed a ~60,000‑sf office lease at ESRT’s 501 Seventh Avenue — a tangible leasing win that helps occupancy and cash flow in ESRT’s Midtown portfolio. Steve Madden Inks 60K-SF Office Lease at ESRT’s 501 Seventh Avenue
• Positive Sentiment: Balance sheet focus: Company materials and coverage highlight a strong balance sheet despite short‑term headwinds; management reiterated liquidity and credit actions that reduce refinancing risk. ESRT Reports Strong Balance Sheet Despite Temporary Headwinds in Q1
• Positive Sentiment: Debt and occupancy targets: ESRT said it is pushing near‑term debt maturities to 2028 and is targeting 90%–92% year‑end occupancy for 2026 — both messages that reduce refinancing/operational risk and point to recovery in leasing. Empire State Realty Trust targets 90%-92% year-end occupancy for 2026 while pushing debt maturities to 2028
• Neutral Sentiment: FY2026 guidance: ESRT updated FY2026 EPS guidance to $0.850–$0.890, essentially in line with consensus (~$0.87) — guidance removes some uncertainty but doesn’t materially exceed expectations. MarketBeat guidance summary
• Neutral Sentiment: Analyst/market commentary: Multiple writeups and transcripts (Yahoo, Seeking Alpha, BusinessWire anniversary PR) provide color for investors but largely summarize the quarter rather than introduce new catalysts. Q1 2026 Earnings Call Summary
• Neutral Sentiment: Retail coverage and buy/sell debate: Separate opinion pieces ask whether ESRT is a good buy now; these reflect differing risk views on valuation, leverage and NYC office fundamentals and may drive longer‑term interest but not immediate price direction. Is Empire State Realty Trust, Inc. (ESRT) A Good Stock To Buy Now?
• Neutral Sentiment: PR/brand: The Empire State Building’s 95th anniversary is positive branding and tourist/retail traffic PR but has limited near‑term impact on core office cash flow. Empire State Building Celebrates 95 Years

Empire State Realty Trust Profile

Empire State Realty Trust, Inc is a publicly traded real estate investment trust (REIT) focused on the ownership, management and operation of office and retail properties. The company’s portfolio features the iconic Empire State Building in Midtown Manhattan, alongside a diversified collection of commercial assets situated throughout Manhattan, Brooklyn and select markets in Upstate New York. By offering premium office space and street-level retail, Empire State Realty Trust positions itself as a landlord of choice for corporate tenants, retailers and experiential brands seeking high-profile addresses.

Established through a spin-off of assets in early 2013, Empire State Realty Trust consolidated a mix of landmark and Class A properties, creating scale in one of the world’s most competitive real estate markets.