John Rakolta, Jr. Acquires 146 Shares of Agree Realty (NYSE:ADC) Stock

05 Apr 2026, 10:36 by Mitch Edgeman · The Markets Daily

Agree Realty Corporation (NYSE:ADC – Get Free Report) Director John Rakolta, Jr. acquired 146 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were bought at an average cost of $75.69 per share, with a total value of $11,050.74. Following the transaction, the director directly owned 146 shares of the company’s stock, valued at $11,050.74. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Agree Realty Stock Up 0.0%

ADC stock opened at $76.63 on Friday. Agree Realty Corporation has a twelve month low of $68.98 and a twelve month high of $82.08. The company has a market cap of $9.20 billion, a PE ratio of 43.30, a price-to-earnings-growth ratio of 2.58 and a beta of 0.53. The business’s 50-day simple moving average is $77.07 and its 200 day simple moving average is $74.20. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.54.

Agree Realty Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.262 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Agree Realty’s dividend payout ratio (DPR) is presently 177.40%.

Institutional Trading of Agree Realty

Large investors have recently added to or reduced their stakes in the company. Centersquare Investment Management LLC raised its position in Agree Realty by 1.8% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,896,229 shares of the real estate investment trust’s stock valued at $205,748,000 after purchasing an additional 51,269 shares during the last quarter. Strs Ohio grew its holdings in shares of Agree Realty by 79.2% during the third quarter. Strs Ohio now owns 194,492 shares of the real estate investment trust’s stock worth $13,817,000 after purchasing an additional 85,935 shares during the last quarter. AGP Franklin LLC acquired a new stake in shares of Agree Realty in the third quarter valued at $1,398,000. JPMorgan Chase & Co. increased its stake in shares of Agree Realty by 65.6% in the third quarter. JPMorgan Chase & Co. now owns 2,016,722 shares of the real estate investment trust’s stock valued at $143,268,000 after buying an additional 799,185 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV bought a new position in shares of Agree Realty in the third quarter valued at about $971,000. 97.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Stifel Nicolaus upped their target price on Agree Realty from $83.50 to $84.50 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada lifted their price target on shares of Agree Realty from $79.00 to $81.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Evercore lowered their price target on shares of Agree Realty from $85.00 to $83.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Raymond James Financial increased their price objective on shares of Agree Realty from $84.00 to $90.00 and gave the company a “strong-buy” rating in a research note on Tuesday, March 17th. Finally, Mizuho raised their price objective on shares of Agree Realty from $75.00 to $86.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $83.21.

Read Our Latest Analysis on Agree Realty

About Agree Realty

(Get Free Report)

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.