New Mexico Educational Retirement Board Increases Stock Holdings in Welltower Inc. $WELL

New Mexico Educational Retirement Board grew its stake in Welltower Inc. (NYSE:WELL) by 13.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,748 shares of the real estate investment trust’s stock after purchasing an additional 4,000 shares during the period. New Mexico Educational Retirement Board’s holdings in Welltower were worth $7,887,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WELL. Revolve Wealth Partners LLC grew its position in Welltower by 3.3% in the 2nd quarter. Revolve Wealth Partners LLC now owns 1,392 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 45 shares during the last quarter. Family Wealth Partners LLC increased its stake in Welltower by 1.3% in the 2nd quarter. Family Wealth Partners LLC now owns 3,678 shares of the real estate investment trust’s stock valued at $835,000 after buying an additional 48 shares during the period. Summit Securities Group LLC raised its position in Welltower by 42.6% during the 2nd quarter. Summit Securities Group LLC now owns 164 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 49 shares during the last quarter. Parkside Financial Bank & Trust raised its position in Welltower by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,977 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 49 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Welltower by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 7,161 shares of the real estate investment trust’s stock worth $1,416,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WELL shares. Weiss Ratings downgraded shares of Welltower from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. UBS Group increased their price target on shares of Welltower from $249.00 to $271.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Wells Fargo & Company raised their price objective on shares of Welltower from $228.00 to $237.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Scotiabank lowered their price objective on Welltower from $248.00 to $232.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Finally, Cantor Fitzgerald boosted their target price on Welltower from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $246.11.

Welltower Price Performance

Shares of NYSE WELL opened at $237.51 on Friday. The firm has a market capitalization of $171.18 billion, a P/E ratio of 108.95, a PEG ratio of 1.15 and a beta of 0.76. Welltower Inc. has a one year low of $163.75 and a one year high of $255.20. The company’s fifty day moving average is $235.54 and its two-hundred day moving average is $217.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.16 and a current ratio of 3.16.

Welltower (NYSE:WELL) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The company had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.40 billion. Welltower had a return on equity of 3.56% and a net margin of 12.15%.The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same period last year, the company earned $1.28 earnings per share. Welltower has set its FY 2026 guidance at 6.360-6.440 EPS. Analysts forecast that Welltower Inc. will post 6.43 EPS for the current fiscal year.

Welltower Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.85 per share. The ex-dividend date was Wednesday, August 12th. This is an increase from Welltower’s previous quarterly dividend of $0.74. This represents a $3.40 annualized dividend and a yield of 1.4%. Welltower’s dividend payout ratio (DPR) is currently 155.96%.

Insider Transactions at Welltower

In related news, Director Andrew Gundlach purchased 5,000 shares of Welltower stock in a transaction dated Tuesday, August 25th. The stock was bought at an average cost of $239.47 per share, for a total transaction of $1,197,350.00. Following the transaction, the director owned 25,000 shares in the company, valued at approximately $5,986,750. The trade was a 25.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.37% of the company’s stock.

About Welltower

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.