OUTFRONT Media Inc. $OUT Shares Purchased by California State Teachers Retirement System

California State Teachers Retirement System raised its position in OUTFRONT Media Inc. (NYSE:OUT) by 24.1% during the first quarter, HoldingsChannel reports. The firm owned 177,269 shares of the financial services provider’s stock after purchasing an additional 34,403 shares during the period. California State Teachers Retirement System’s holdings in OUTFRONT Media were worth $4,698,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Advisory Services Network LLC acquired a new position in OUTFRONT Media during the third quarter worth about $29,000. Farther Finance Advisors LLC boosted its holdings in shares of OUTFRONT Media by 157.6% during the 4th quarter. Farther Finance Advisors LLC now owns 2,339 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 1,431 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of OUTFRONT Media in the fourth quarter valued at approximately $71,000. State of Wyoming increased its holdings in shares of OUTFRONT Media by 155.5% in the second quarter. State of Wyoming now owns 7,973 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 4,853 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of OUTFRONT Media by 45.4% in the second quarter. Osaic Holdings Inc. now owns 9,126 shares of the financial services provider’s stock valued at $149,000 after purchasing an additional 2,851 shares during the last quarter.

More OUTFRONT Media News

Here are the key news stories impacting OUTFRONT Media this week:

• Positive Sentiment: OUTFRONT reported second-quarter funds from operations (FFO) of $0.68 per share, above the $0.59 consensus estimate and up from $0.51 a year earlier. Revenue rose 13.5% to $522.5 million, exceeding estimates of $509.6 million. OUTFRONT Media Tops Q2 FFO and Revenue Estimates
• Positive Sentiment: Results benefited from growth in transit and billboard advertising, digital gains and revenue connected to the FIFA World Cup. The combination of stronger operating trends and an FFO beat could improve expectations for the company’s advertising business. OUT Q2 FFO Beat Estimates on Transit and Billboard Growth
• Positive Sentiment: Wells Fargo raised its price target for OUT from $35 to $38 and maintained an Overweight rating, implying approximately 22% upside from the reference price. Wells Fargo Raises OUTFRONT Media Price Target
• Positive Sentiment: The company increased its quarterly dividend by 10% to $0.33 per share, or approximately $1.32 annualized. The higher payout, with a reported yield of about 4.2%, strengthens OUTFRONT’s income appeal. Outfront Media Boosts Quarterly Dividend 10%
• Positive Sentiment: OUTFRONT signed a multiyear exclusive agreement with the New York Jets, adding a prominent sports property to its out-of-home advertising portfolio and potentially supporting future media and sponsorship revenue. Outfront Media Signs Agreement With New York Jets
• Neutral Sentiment: The earnings presentation and conference-call materials provide additional details on second-quarter performance and management’s outlook, but no separate material negative catalyst was identified in the supplied reports. OUTFRONT Media 2026 Q2 Results Presentation

OUTFRONT Media Stock Down 0.0%

Shares of OUT opened at $31.14 on Friday. The company’s 50-day moving average price is $32.05 and its 200 day moving average price is $29.61. OUTFRONT Media Inc. has a 12-month low of $16.64 and a 12-month high of $34.96. The company has a current ratio of 0.67, a quick ratio of 0.82 and a debt-to-equity ratio of 3.50. The firm has a market cap of $5.48 billion, a P/E ratio of 22.40, a price-to-earnings-growth ratio of 1.48 and a beta of 1.49.

OUTFRONT Media (NYSE:OUT) last announced its earnings results on Thursday, May 7th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. OUTFRONT Media had a net margin of 12.66% and a return on equity of 37.44%. The company had revenue of $429.60 million during the quarter, compared to analyst estimates of $431.44 million. During the same quarter last year, the firm posted $0.14 earnings per share. OUTFRONT Media’s revenue was up 10.0% compared to the same quarter last year. On average, sell-side analysts forecast that OUTFRONT Media Inc. will post 2.11 earnings per share for the current year.

OUTFRONT Media Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 4th will be issued a $0.33 dividend. This is a boost from OUTFRONT Media’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, September 4th. This represents a $1.32 annualized dividend and a yield of 4.2%. OUTFRONT Media’s payout ratio is 114.29%.

Insider Buying and Selling

In other news, EVP James Michael Norton purchased 4,130 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of $30.81 per share, for a total transaction of $127,245.30. Following the completion of the purchase, the executive vice president directly owned 4,130 shares of the company’s stock, valued at approximately $127,245.30. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Richard H. Sauer sold 5,000 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $32.08, for a total value of $160,400.00. Following the transaction, the executive vice president owned 56,947 shares in the company, valued at $1,826,859.76. This trade represents a 8.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 20,000 shares of company stock worth $629,600. 0.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on OUT shares. Wells Fargo & Company boosted their price objective on OUTFRONT Media from $35.00 to $38.00 and gave the stock an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. reissued an “overweight” rating and set a $38.00 price target on shares of OUTFRONT Media in a research report on Wednesday, July 22nd. TD Cowen reissued a “buy” rating and issued a $40.00 price target (up from $38.00) on shares of OUTFRONT Media in a research note on Thursday. Barrington Research set a $38.00 price target on shares of OUTFRONT Media in a research report on Tuesday, May 12th. Finally, Morgan Stanley set a $37.00 price objective on OUTFRONT Media in a report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, OUTFRONT Media has a consensus rating of “Moderate Buy” and an average target price of $34.00.

About OUTFRONT Media

OUTFRONT Media Inc is a leading out-of-home (OOH) advertising company offering a broad range of billboard, transit and digital display solutions across major urban markets in the United States and Canada. Its portfolio encompasses traditional static billboards, high-resolution digital signage, transit media on buses, trains and taxis, as well as street furniture placements such as bus shelters, kiosks and urban panels. The company partners with brand marketers to deliver high-impact campaigns that engage consumers outside the home environment.

Through an extensive network of assets in key metropolitan areas, OUTFRONT provides advertisers with premium visibility along highways, city streets and transit corridors.