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Director Greg Lehmkuhl of Agree Realty Corp (NYSE:ADC), an $8.1 billion market cap real estate company with a solid 4.21% dividend yield, recently purchased 750 shares of the company’s common stock at a price of $72.84, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, which occurred on September 5, 2025, amounted to $54,630. According to InvestingPro data, ADC has maintained dividend payments for 32 consecutive years, demonstrating strong financial stability.
Following the transaction, Lehmkuhl directly owns 27,683.644 shares of Agree Realty Corp , which includes 309.701 shares acquired through a dividend reinvestment plan. The company maintains a GOOD financial health score and historically low price volatility with a beta of 0.57. Want deeper insights? InvestingPro offers comprehensive analysis with 8 additional ProTips and a detailed research report for ADC.
In other recent news, Agree Realty Corporation reported its second-quarter 2025 financial results, showing a slight miss on earnings per share (EPS) but a revenue figure that exceeded forecasts. The company’s EPS was $0.43, which was below the anticipated $0.45, while revenue reached $175.53 million, surpassing the expected $173.17 million. Following the earnings announcement, Jefferies raised its price target for Agree Realty to $90, maintaining a Buy rating, citing a strong balance sheet as a key factor. UBS also increased its price target to $82, noting an improved outlook after Agree Realty raised its 2025 AFFO guidance midpoint and acquisition midpoint. In personnel news, Agree Realty appointed Kirk Klatt as Vice President of Leasing, bringing over 20 years of experience in real estate leasing and acquisitions. Klatt’s previous role was Senior Vice President of Real Estate at NETSTREIT Corp. These developments highlight ongoing strategic adjustments and positive outlooks from analysts for Agree Realty.
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