Resonant Capital Advisors 13F: New $1.3M Stake in PSA

Resonant Capital Advisors opened a new position in Public Storage (NYSE: PSA), acquiring 4,583 shares valued at approximately $1,309,851 in a filing on October 15, 2026. This marks a new entry into the real estate investment trust that specializes in self-storage facilities.

What Changed in Resonant Capital Advisors' Public Storage Position

Resonant Capital Advisors took a new stake in Public Storage, acquiring 4,583 shares worth about $1.31 million. This investment reflects a significant commitment to the firm as it enters the self-storage sector with this new position.

Other Institutional Activity in Public Storage

Blackrock Inc. holds about 17,263,289 shares of Public Storage, having added 519,071 shares, valued at approximately $5.15 billion. Vanguard Portfolio Management LLC increased its stake by 66,357 shares, bringing its total to around 13,608,702 shares worth about $4.06 billion. Vanguard Capital Management LLC holds 10,322,146 shares, having added 56,461 shares, valued at around $3.08 billion. State Street Corporation decreased its holdings by 100,294 shares, resulting in 10,133,791 shares worth about $3.02 billion. Capital International Investors bought 3,134,752 shares, increasing its total to 9,498,439 shares valued at around $2.83 billion.

Public Storage Stock Up 0.6%

Public Storage shares closed at a recent price of $297.15 on October 16, 2026. The stock is currently below both its 50-day moving average of about $302.70 and its 200-day moving average of around $300.80. Additionally, the stock is about 11.4% lower than its 52-week high of $335.55 but remains 15.8% above its 52-week low of $256.54.

Recent Earnings

Public Storage reported trailing twelve-month revenue of approximately $4.91 billion and an EPS of $10.47. The next earnings report is scheduled for October 26, 2026.

Insider Buying and Selling at Public Storage

Recent insider transactions include Nathaniel Vitan, the Chief Legal Officer, who sold 950 shares on June 12, 2026, at an average price of $324.81, totaling approximately $308,569. Another transaction by Nathaniel A. Vitan involved selling 950 shares on the same date, also at $324.81, worth about $308,570. Additionally, on August 13, 2026, Nathaniel A. Vitan sold 1,414 shares at an average price of $327.53, valued at approximately $463,133.

Analysts Set New Price Targets

Analysts have mostly maintained their ratings for Public Storage. On September 2, 2026, Scotiabank kept its rating at Sector Outperform with a target of $343. On September 10, Barclays maintained an Equal-Weight rating with a target of $351. Evercore ISI Group also maintained its In-Line rating with a target of $308, while JP Morgan retained a Neutral rating with a target of $330. Currently, the consensus from analysts gives Public Storage a mean price target of about $330.78, with 18 analysts providing opinions.

About Public Storage

Public Storage is a well-known real estate investment trust (REIT) that focuses on acquiring, developing, owning, and operating self-storage facilities. With its headquarters in Frisco, Texas, it plays a significant role in the S&P 500 index, catering to a growing demand for storage solutions.

Bottom Line

Investors should keep an eye on Public Storage's upcoming earnings report on October 26, 2026, and monitor any further changes in institutional holdings as shown in the latest 13F filings. This recent acquisition by Resonant Capital Advisors highlights interest in the self-storage market, reflecting broader trends in real estate investment. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.