Schonfeld Strategic Advisors 13F: Adds $22M to ADC Stake

Schonfeld Strategic Advisors Boosts Agree Realty Position

Schonfeld Strategic Advisors expanded its position in Agree Realty Corporation NYSE:ADC during the period, lifting its stake by 246.8% according to its Form 13F filing with the SEC. The fund added 289,659 shares to its portfolio, bringing its total ownership to 407,027 shares. That holding carried a reported value of about $31.1 million at the close of the reporting period.

Agree Realty Stock Trades Near Its Moving Averages

Shares of Agree Realty Corporation changed hands around $76.44. The retail real estate investment trust has traded between a 52-week low of $67.49 and a 52-week high of $82.08. The company carries a market capitalization of roughly $8.41 billion and a P/E ratio of 36.4, alongside a forward P/E of 35.0.

Recent Earnings Reveal Steady Growth

Agree Realty Corporation reported revenue of $779.6 million, marking a 16.8% revenue growth rate. The retail property owner posted earnings per share of $1.86, with a net margin of 28.8% and a return on equity of 3.7%. Its next quarterly financial report is expected on October 20, 2026.

Dividend Yield Draws Income Investors

The company pays an annual dividend rate of $3.20 per share, giving the stock a dividend yield of 4.71%. The current dividend payout ratio stands at 168.9%.

Analysts Set New Price Targets

Wall Street firms have recently adjusted their outlooks on the retail landlord. On September 21, 2026, Evercore ISI Group maintained an Outperform rating while lowering its price target to $85.00 from $87.00. Stifel kept a Buy rating on September 18, 2026, adjusting its target from $84.00 down to $81.50. Mizuho maintained a Neutral rating on September 17, 2026, setting a $72.00 target, and Barclays maintained an Equal-Weight rating on July 22, 2026, with an $85.00 target. Overall, the stock holds a consensus buy rating with a mean price target of $84.17 across 18 analyst opinions.

Inside Agree Realty Corporation's Portfolio

Agree Realty Corporation operates as a publicly traded real estate investment trust focused on acquiring and developing properties net leased to omni-channel retail tenants. As of June 30, 2026, the company owned and operated a portfolio of 2,825 properties across all 50 states, spanning approximately 59.6 million square feet of gross leasable area.

What to Watch Next for Agree Realty

Investors tracking institutional interest in Agree Realty Corporation will look to subsequent quarterly filings to see whether Schonfeld Strategic Advisors maintains its expanded stake. Because Form 13F filings look backward at holdings from the end of the reporting period, these reports may not reflect the firm's current trading activity. The next earnings release in October will provide updated figures on portfolio growth and operational performance.