Terreno Realty (NYSE:TRNO) EVP John Tull Meyer Sells 4,447 Shares

Terreno Realty Corporation (NYSE:TRNO) EVP John Tull Meyer sold 4,447 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $68.64, for a total transaction of $305,242.08. Following the sale, the executive vice president owned 131,825 shares in the company, valued at approximately $9,048,468. This trade represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Terreno Realty Stock Performance

Shares of TRNO stock opened at $68.36 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.22. Terreno Realty Corporation has a 52 week low of $53.10 and a 52 week high of $78.94. The stock has a market capitalization of $7.45 billion, a PE ratio of 18.33 and a beta of 1.03. The firm has a 50 day moving average of $68.52 and a two-hundred day moving average of $65.82.

Terreno Realty (NYSE:TRNO) last posted its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.13. The business had revenue of $124.71 million for the quarter, compared to analyst estimates of $127.15 million. Terreno Realty had a return on equity of 9.21% and a net margin of 77.22%. On average, research analysts predict that Terreno Realty Corporation will post 2.82 EPS for the current fiscal year.

Terreno Realty Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.57 per share. This is a positive change from Terreno Realty’s previous quarterly dividend of $0.52. The ex-dividend date is Wednesday, September 30th. This represents a $2.28 annualized dividend and a yield of 3.3%. Terreno Realty’s dividend payout ratio (DPR) is currently 55.76%.

Institutional Investors Weigh In On Terreno Realty

Several institutional investors have recently added to or reduced their stakes in TRNO. Clearstead Trust LLC purchased a new position in Terreno Realty in the second quarter valued at approximately $28,000. EverSource Wealth Advisors LLC lifted its position in shares of Terreno Realty by 57.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 438 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 159 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Terreno Realty during the 3rd quarter worth approximately $25,000. Geneos Wealth Management Inc. lifted its position in shares of Terreno Realty by 304.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 465 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 350 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Terreno Realty by 52.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 172 shares in the last quarter.

Terreno Realty News Summary

Here are the key news stories impacting Terreno Realty this week:

• Positive Sentiment: Expansion with immediate occupancy: Terreno acquired a Torrance, California, industrial property for $14.7 million and executed a lease covering 100% of the building beginning in December 2026. The transaction should add rental income while limiting near-term vacancy risk. Terreno Realty Torrance acquisition
• Positive Sentiment: Dividend increased: Terreno announced a quarterly dividend of $0.57 per share, up from $0.52. The new annualized payout of $2.28 represents a yield of approximately 3.3%, potentially supporting demand among income-focused investors.
• Positive Sentiment: Higher valuation target: Citigroup raised its price target from $70 to $73 while maintaining a neutral rating, implying roughly 6.8% upside from the referenced share price. The broader analyst consensus remains “Moderate Buy,” with an average target of $71.93. Citigroup raises Terreno Realty price target
• Neutral Sentiment: Recent earnings were better than expected: Terreno reported quarterly EPS of $0.54, exceeding the $0.41 consensus estimate, although revenue of $124.71 million fell short of the $127.15 million forecast. Analysts project full-year EPS of $2.82.
• Negative Sentiment: Executive selling: President Michael Coke sold 8,000 shares for approximately $547,040, reducing his stake by 1.85%. EVP John Tull Meyer separately sold 4,447 shares for about $305,242, cutting his position by 3.26%. Both executives continue to hold sizable positions, but the back-to-back sales could create modest investor concern. Terreno Realty executive stock sale filing

Analyst Ratings Changes

TRNO has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price objective on Terreno Realty from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Scotiabank decreased their price target on shares of Terreno Realty from $70.00 to $68.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Piper Sandler boosted their price target on shares of Terreno Realty from $79.00 to $91.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Barclays increased their price objective on shares of Terreno Realty from $60.00 to $69.00 and gave the company an “equal weight” rating in a research report on Thursday, July 16th. Finally, Robert W. Baird set a $69.00 price objective on shares of Terreno Realty in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Terreno Realty presently has a consensus rating of “Moderate Buy” and an average target price of $71.93.

Terreno Realty Company Profile

Terreno Realty Corporation (NYSE: TRNO) is a real estate investment trust specializing in the acquisition, ownership and operation of industrial properties in key coastal markets across the United States. The company’s portfolio primarily consists of bulk distribution, warehouse and light-industrial assets that serve a diverse tenant base, including third-party logistics providers, e-commerce companies and manufacturers. Terreno aims to generate stable rental income while pursuing long-term capital appreciation through targeted investment and active asset management.

Terreno focuses on eight major coastal regions, emphasizing markets with strong supply-and-demand fundamentals and barriers to new development.