Pensionfund Sabic Invests $912,000 in LXP Industrial Trust $LXP

Pensionfund Sabic purchased a new stake in LXP Industrial Trust (NYSE:LXP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 18,400 shares of the real estate investment trust’s stock, valued at approximately $912,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new stake in LXP Industrial Trust in the 3rd quarter valued at about $26,000. EverSource Wealth Advisors LLC lifted its position in shares of LXP Industrial Trust by 101.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares in the last quarter. Allworth Financial LP grew its stake in shares of LXP Industrial Trust by 5.9% during the third quarter. Allworth Financial LP now owns 5,969 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 332 shares during the last quarter. Finally, Corient Private Wealth LLC bought a new stake in shares of LXP Industrial Trust during the second quarter valued at approximately $90,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. KeyCorp cut shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research report on Thursday, December 4th. Citigroup reiterated an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. JPMorgan Chase & Co. lowered their target price on LXP Industrial Trust from $50.00 to $49.00 and set a “neutral” rating for the company in a research note on Thursday, March 5th. Weiss Ratings downgraded LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Evercore set a $51.00 price target on LXP Industrial Trust in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $51.50.

LXP Industrial Trust Trading Down 1.3%

LXP opened at $46.10 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 25.47 and a beta of 1.09. The firm has a 50 day simple moving average of $48.91 and a 200 day simple moving average of $47.92. LXP Industrial Trust has a fifty-two week low of $34.25 and a fifty-two week high of $52.52.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.06). LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The business had revenue of $86.74 million during the quarter, compared to the consensus estimate of $86.05 million. During the same period in the previous year, the business posted $0.16 earnings per share. LXP Industrial Trust’s revenue was down 14.0% compared to the same quarter last year. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. On average, sell-side analysts anticipate that LXP Industrial Trust will post 0.63 earnings per share for the current year.

LXP Industrial Trust Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Tuesday, March 31st. LXP Industrial Trust’s dividend payout ratio (DPR) is currently 154.70%.

LXP Industrial Trust Profile

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.