SCHEDULE: Cohen & Steers Discloses Stake in Essential Properties Realty Trust

Cohen & Steers, Inc. and its affiliates have reported beneficial ownership of over 29.7 million shares, representing 14.16% of Essential Properties Realty Trust, Inc.'s common stock.

Summary

• Cohen & Steers, Inc. and its affiliated entities (Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd., and Cohen & Steers Ireland Ltd.) have filed a Schedule 13G, indicating their beneficial ownership of Essential Properties Realty Trust, Inc. common stock.
• The filing, dated March 31, 2026, shows a total of 29,717,787 shares beneficially owned by Cohen & Steers, Inc., representing 14.16% of the class.
• Cohen & Steers Capital Management, Inc. holds the largest portion, with 29,211,604 shares (13.92%).
• Cohen & Steers UK Ltd. holds 482,847 shares (0.23%), and Cohen & Steers Ireland Ltd. holds 23,336 shares (0.01%). Cohen & Steers Asia Ltd. holds no shares.
• These entities hold the shares for the benefit of their respective account holders, who have the right to receive dividends and proceeds from sales.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, as a significant stake by a reputable investment manager like Cohen & Steers suggests confidence in the company's value and future performance.

Positives

• Significant beneficial ownership stake of 14.16% by Cohen & Steers, Inc. in Essential Properties Realty Trust, Inc., indicating strong investor confidence.
• The filing is an amendment to a previous filing, suggesting ongoing management and potential adjustments to investment strategies.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the future performance of Essential Properties Realty Trust, Inc.

Industry Context

StockSavvy.ai notes that significant stake disclosures by institutional investors like Cohen & Steers often signal strong conviction in a company's long-term prospects within the REIT sector, particularly in specialized areas like net lease properties.

Stakeholder Impact

• Shareholders: The significant stake by Cohen & Steers may be interpreted as a positive signal, potentially influencing investor sentiment and share price.
• Management of Essential Properties Realty Trust: The increased or maintained stake by a large institutional investor may lead to closer scrutiny or engagement on corporate strategy and governance.

Key Dates

Recommendation

This filing primarily reports a significant ownership stake by Cohen & Steers, indicating their confidence. However, it does not provide new operational or financial performance data for Essential Properties Realty Trust, Inc. itself. Therefore, a 'hold' recommendation is appropriate, suggesting investors maintain their current positions pending further company-specific disclosures.

Keywords

Essential Properties Realty Trust, Cohen & Steers, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, Real Estate Investment Trust