Inspire Investing LLC Buys 34,288 Shares of Broadstone Net Lease, Inc. $BNL

Inspire Investing LLC purchased a new stake in Broadstone Net Lease, Inc. (NYSE:BNL) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 34,288 shares of the company’s stock, valued at approximately $634,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Broadstone Net Lease in the 2nd quarter valued at about $712,332,000. Bank of New York Mellon Corp acquired a new stake in shares of Broadstone Net Lease in the 2nd quarter valued at about $39,745,000. Wellington Management Group LLP acquired a new stake in shares of Broadstone Net Lease in the 2nd quarter valued at about $35,709,000. Bank of America Corp DE purchased a new position in Broadstone Net Lease during the 2nd quarter worth approximately $32,978,000. Finally, Legal & General Group Plc acquired a new position in Broadstone Net Lease during the second quarter worth approximately $24,537,000. 89.07% of the stock is owned by hedge funds and other institutional investors.

Broadstone Net Lease Stock Performance

Shares of BNL opened at $17.41 on Friday. The stock has a market capitalization of $3.34 billion, a P/E ratio of 22.90 and a beta of 0.91. The company’s fifty day moving average is $19.22 and its two-hundred day moving average is $19.86. Broadstone Net Lease, Inc. has a 1 year low of $16.70 and a 1 year high of $23.10.

Broadstone Net Lease (NYSE:BNL) last released its earnings results on Wednesday, October 28th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). The firm had revenue of $121.87 million during the quarter, compared to analyst estimates of $122.19 million. Broadstone Net Lease had a return on equity of 4.85% and a net margin of 30.26%. Sell-side analysts predict that Broadstone Net Lease, Inc. will post 1.51 EPS for the current year.

Broadstone Net Lease Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be given a $0.2950 dividend. The ex-dividend date is Thursday, December 31st. This is an increase from Broadstone Net Lease’s previous quarterly dividend of $0.2925. This represents a $1.18 dividend on an annualized basis and a yield of 6.8%. Broadstone Net Lease’s payout ratio is 153.95%.

Insider Buying and Selling

In other Broadstone Net Lease news, Director Richard Imperiale acquired 5,000 shares of the stock in a transaction on Thursday, August 20th. The shares were bought at an average price of $21.22 per share, with a total value of $106,100.00. Following the acquisition, the director owned 26,250 shares of the company’s stock, valued at $557,025. This trade represents a 23.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BNL. KeyCorp reiterated an “overweight” rating on shares of Broadstone Net Lease in a research note on Tuesday, September 15th. The Goldman Sachs Group increased their price target on shares of Broadstone Net Lease from $23.00 to $26.00 and gave the stock a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of Broadstone Net Lease from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. BMO Capital Markets lifted their price objective on shares of Broadstone Net Lease from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Friday, July 10th. Finally, Cantor Fitzgerald upped their target price on shares of Broadstone Net Lease from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.67.

Broadstone Net Lease News Roundup

Here are the key news stories impacting Broadstone Net Lease this week:

• Positive Sentiment: Broadstone Net Lease declared a quarterly dividend of $0.295 per share, payable January 15, 2027. The payment represents a 0.9% increase from the prior quarter and an annualized dividend of $1.18, equating to an approximately 7% yield based on the provided share price. The increase reinforces BNL’s appeal to income-focused investors. Dividend announcement
• Positive Sentiment: Third-quarter funds from operations (FFO), a key REIT performance measure, came in at $0.39 per share, matching consensus and increasing from $0.37 a year earlier. The year-over-year improvement suggests continued operating stability. Q3 FFO results
• Positive Sentiment: One market commentary argues that BNL’s build-to-suit growth strategy remains undervalued, potentially offering a longer-term catalyst if the company can convert its development pipeline into accretive assets. Build-to-suit valuation commentary
• Neutral Sentiment: Management held its third-quarter earnings call with analysts, providing additional context on results, portfolio operations and the build-to-suit strategy. Q3 2026 earnings call transcript
• Negative Sentiment: Reported earnings were $0.14 per share, below the $0.16 analyst consensus, while revenue of $121.87 million was slightly below the $122.19 million estimate. The shortfall may limit near-term upside despite the stronger FFO result. Q3 earnings report

Broadstone Net Lease Company Profile

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company generally leases its properties under long-term, triple-net agreements, under which tenants are typically responsible for property taxes, insurance and maintenance expenses.

Broadstone’s portfolio includes properties used by healthcare providers, industrial and manufacturing companies, office-based businesses, restaurants and retail operators.