B of A Securities Upgrades W. P. Carey Inc. Target to $83
B of A Securities raised its price target for W. P. Carey Inc. to $83, keeping a hold rating, a 16.54% upside from the current price.
Key Points
- B of A Securities raised its price target for W. P. Carey Inc. to $83 on June 16, 2026, maintaining a hold rating.
- B of A Securities's $83 price target implies 16.54% upside from W. P. Carey Inc.'s ($WPC) current $71.22 share price.
- W. P. Carey Inc. shares on the NYSE traded at $75.47, with a market cap of $16.81 billion and a P/E ratio of 32.25.
- Insiders like Chief Accounting Officer Brian Zander sold shares recently, while analysts like Wells Fargo maintain a buy rating.
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B of A Securities has raised its price target for W. P. Carey Inc. (NYSE: WPC) to $83, while maintaining a hold rating. This change was announced on June 16, 2026, by analyst Jeffrey Spector. The stock recently traded at $75.47.
Other Institutional Activity in W. P. Carey Inc.
BlackRock, Inc. increased its holdings in W. P. Carey by 1,752,163 shares, bringing its total to 30,109,089 shares worth about $2.05 billion. Vanguard Portfolio Management LLC added 19,151,176 shares, resulting in a stake valued at approximately $1.30 billion. State Street Corp saw a smaller increase of 87,371 shares, ending with 12,338,595 shares valued at $849.7 million. Geode Capital Management, LLC also added 118,307 shares to hold a total of 4,913,911 shares worth $333.2 million.
W. P. Carey Inc. Stock Up 1.0%
Shares of NYSE:WPC traded near $75.47. The company has a market cap of $16.81 billion, a P/E ratio of 32.25, and a forward P/E of 21.80. Its beta is 0.781, indicating lower volatility compared to the broader market. The stock's 52-week range is between $61.09 and $76.97, with a 50-day moving average of $73.51 and a 200-day moving average of $69.55.
Recent Earnings
W. P. Carey Inc. reported revenue of approximately $1.74 billion, showing a growth of 8.9%. The net margin stands at about 29.67%, with a return on equity of 6.26%. The company's next earnings report is expected on July 28, 2026.
Dividend
The company offers an annual dividend rate of $3.76, yielding 4.98% with a payout ratio of 156.41%.
Insider Buying and Selling at W. P. Carey Inc.
Chief Accounting Officer Brian Zander sold 433 shares on May 6, 2026, at $74 each, following a previous sale of 635 shares on February 15, 2026, at $74.20. Managing Director Gordon Brooks also sold 3,025 shares on February 15, 2026. Meanwhile, Rhonda Gass purchased 396 shares at $69.39 on April 1, 2026.
Analysts Set New Price Targets
On June 16, 2026, B of A Securities upgraded W. P. Carey to a hold rating with a price target of $83. Wells Fargo maintained a buy rating with an $80 target on June 1, 2026, while Barclays maintained a sell rating with a $78 target on May 19, 2026. Overall, the consensus rating is hold, with a mean target price of $78, based on 12 analyst opinions.
About W. P. Carey Inc.
W. P. Carey Inc. is one of the largest net lease real estate investment trusts (REITs), with a diverse portfolio of commercial properties. The company, headquartered in New York, focuses on single-tenant, industrial, warehouse, and retail properties in the U.S. and Europe. It was founded in 1973 and is led by CEO Jason E. Fox.
Bottom Line
B of A Securities' updated price target for W. P. Carey Inc. reflects ongoing interest in the company, although the hold rating suggests cautious optimism. Investors keep an eye on such analyst updates as they provide insights into market expectations, though 13F filings and insider trades often reflect past positions rather than current ones.
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