Principal Financial Group Inc. Purchases 54,582 Shares of Broadstone Net Lease, Inc. $BNL

NodeGuardian · 2026-02-19T01:48:37+00:00

Principal Financial Group raised its investment in Broadstone Net Lease by 11.0%, acquiring 54,582 shares for a total of 548,917 shares valued at $9.81 million. Other institutions also bolstered their positions, contributing to a "Moderate Buy" rating and a price target of $19.91.

NodeGuardian

2026-02-19 01:48:37

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Principal Financial Group Inc. increased its stake in Broadstone Net Lease (NYSE: BNL) by 11.0% in Q3, acquiring an additional 54,582 shares to hold a total of 548,917 shares worth approximately $9.81 million. Other institutional investors like Balyasny Asset Management, Norges Bank, Boston Partners, and LSV Asset Management also increased their positions. Analysts currently have a “Moderate Buy” rating on Broadstone Net Lease with a consensus price target of $19.91.

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