Princeton Capital Management LLC Purchases Shares of 15,000 LXP Industrial Trust $LXP

Princeton Capital Management LLC acquired a new position in shares of LXP Industrial Trust (NYSE:LXP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,000 shares of the real estate investment trust’s stock, valued at approximately $134,000.

A number of other hedge funds have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in LXP Industrial Trust by 101.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,481 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,755 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of LXP Industrial Trust by 82.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,623 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,632 shares during the last quarter. Pettyjohn Wood & White Inc. acquired a new stake in shares of LXP Industrial Trust during the second quarter worth about $84,000. CWM LLC lifted its holdings in shares of LXP Industrial Trust by 30.3% in the 2nd quarter. CWM LLC now owns 10,519 shares of the real estate investment trust’s stock valued at $87,000 after purchasing an additional 2,443 shares during the last quarter. Finally, Corient Private Wealth LLC acquired a new stake in shares of LXP Industrial Trust in the 2nd quarter valued at about $90,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

LXP Industrial Trust Price Performance

Shares of NYSE LXP opened at $48.38 on Friday. The stock has a fifty day moving average price of $49.91 and a 200 day moving average price of $47.12. LXP Industrial Trust has a 1-year low of $34.25 and a 1-year high of $52.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.24 and a quick ratio of 0.24. The company has a market cap of $2.86 billion, a PE ratio of 26.73 and a beta of 1.10.

LXP Industrial Trust (NYSE:LXP) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.06). The firm had revenue of $86.74 million during the quarter, compared to analyst estimates of $86.05 million. LXP Industrial Trust had a net margin of 32.27% and a return on equity of 5.70%. The business’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share. LXP Industrial Trust has set its FY 2026 guidance at 3.220-3.370 EPS. Sell-side analysts forecast that LXP Industrial Trust will post 0.63 EPS for the current year.

Analysts Set New Price Targets

LXP has been the topic of several research analyst reports. Citigroup reaffirmed an “outperform” rating on shares of LXP Industrial Trust in a research report on Friday, February 13th. Evercore set a $51.00 price target on shares of LXP Industrial Trust in a research report on Friday, February 13th. Weiss Ratings downgraded shares of LXP Industrial Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. KeyCorp lowered shares of LXP Industrial Trust from an “overweight” rating to a “sector weight” rating in a research note on Thursday, December 4th. Finally, Citizens Jmp set a $57.50 target price on shares of LXP Industrial Trust and gave the company a “market outperform” rating in a report on Tuesday, October 28th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.13.

LXP Industrial Trust Company Profile

LXP Industrial Trust is a real estate investment trust that specializes in the ownership, acquisition and management of industrial properties across North America. The company’s portfolio consists of warehouses, distribution centers and manufacturing facilities designed to support supply-chain and logistics operations. By focusing on long-term leasing arrangements, LXP Industrial Trust aims to provide stable income streams while delivering value to tenants through modern, well-positioned industrial space.

The firm’s primary business activities include sourcing and under-writing new property investments, overseeing development and redevelopment projects, and implementing asset-management strategies to enhance the performance of its holdings.