NNN REIT (NNN) reported second-quarter 2026 revenue of $244.3 million and net earnings of $97.9 million, or $0.52 per diluted share, for the quarter ended June 30, 2026. Revenue rose from $226.8 million a year earlier, while net earnings declined from $100.5 million.
The company increased its 2026 guidance for Core FFO per share, AFFO per share and acquisition volume. NNN also announced a quarterly dividend increase to $0.62 per share for the third quarter of 2026, marking its 37th consecutive annual dividend increase.
- Second-quarter revenues were $244.3 million, compared with $226.8 million a year earlier.
- Net earnings were $97.9 million, compared with $100.5 million in the prior-year quarter.
- Net earnings per diluted share were $0.52, compared with $0.54 a year earlier.
- Portfolio occupancy was 99.1% as of June 30, 2026, with a weighted average remaining lease term of 10.1 years.
- NNN closed on $291.0 million of investments during the quarter and $436.4 million for the first six months of 2026.
- Updated 2026 guidance includes Core FFO of $3.50 to $3.54 per share, AFFO of $3.55 to $3.59 per share and acquisition volume of $700 million to $800 million.
$NNN Insider Trading Activity
$NNN insiders have traded $NNN stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $NNN stock by insiders over the last 6 months:
- STEPHEN A JR HORN (President & CEO) sold 33,192 shares for an estimated $1,492,976
- JONATHAN ADAMO (EVP Chief Portfolio Operations) sold 6,000 shares for an estimated $269,940
- MICHELLE LYNN MILLER (EVP,Chief Acctg & Tech Officer) sold 4,000 shares for an estimated $176,120
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NNN Hedge Fund Activity
We have seen 290 institutional investors add shares of $NNN stock to their portfolio, and 196 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DAIWA SECURITIES GROUP INC. added 1,852,320 shares (+2360.2%) to their portfolio in Q2 2026, for an estimated $86,188,449
- TWO SIGMA INVESTMENTS, LP added 1,397,357 shares (+309.6%) to their portfolio in Q1 2026, for an estimated $58,730,914
- PRUDENTIAL FINANCIAL INC added 1,348,523 shares (+10819.3%) to their portfolio in Q1 2026, for an estimated $56,678,421
- EPOCH INVESTMENT PARTNERS, INC. added 1,020,233 shares (+inf%) to their portfolio in Q1 2026, for an estimated $42,880,392
- FMR LLC removed 973,250 shares (-4.8%) from their portfolio in Q1 2026, for an estimated $40,905,697
- GOLDMAN SACHS GROUP INC added 918,934 shares (+84.2%) to their portfolio in Q1 2026, for an estimated $38,622,796
- RUSH ISLAND MANAGEMENT, LP removed 733,802 shares (-19.1%) from their portfolio in Q1 2026, for an estimated $30,841,698
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
