Empowered Funds LLC Takes Position in BXP, Inc. $BXP

Empowered Funds LLC purchased a new position in shares of BXP, Inc. (NYSE:BXP) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 73,993 shares of the real estate investment trust’s stock, valued at approximately $4,906,000.

Several other large investors have also made changes to their positions in the company. Elyxium Wealth LLC bought a new position in BXP in the fourth quarter valued at approximately $25,000. MUFG Securities EMEA plc bought a new stake in BXP during the second quarter worth $29,000. Clearstead Advisors LLC boosted its holdings in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 268 shares in the last quarter. Silvant Capital Management LLC acquired a new stake in shares of BXP in the 2nd quarter valued at $41,000. Finally, State of Wyoming boosted its holdings in shares of BXP by 45.5% in the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the completion of the sale, the chief financial officer directly owned 5,839 shares in the company, valued at $387,417.65. This represents a 81.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

BXP has been the subject of a number of research analyst reports. BMO Capital Markets reissued an “outperform” rating and set a $68.00 price target on shares of BXP in a report on Tuesday, June 2nd. Piper Sandler reduced their price objective on BXP from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Thursday. Wall Street Zen upgraded BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings upgraded BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Finally, Scotiabank boosted their target price on BXP from $74.00 to $76.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, August 5th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.79.

BXP Stock Down 1.7%

NYSE:BXP opened at $68.12 on Tuesday. The firm’s 50 day simple moving average is $68.50 and its 200 day simple moving average is $61.67. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91. BXP, Inc. has a one year low of $49.72 and a one year high of $79.33. The company has a market cap of $10.88 billion, a PE ratio of 36.62, a P/E/G ratio of 2.59 and a beta of 1.01.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The firm had revenue of $895.70 million during the quarter, compared to analysts’ expectations of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.71 EPS. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, research analysts anticipate that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.1%. BXP’s payout ratio is currently 150.54%.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.