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OUT OUTFRONT MEDIA INC

2026Q2 · CUSIP 69007J304 · Sector: REITs

Piling in

Net holder growth ranks near the top of the market

Funds that own it
371
Institutions that reported holding it to the SEC
Net increase in holders
+36
Last quarter 335 → now 371
How unusual is that
Top 20%
Stronger buying than 88% of US stocks
What the filings say, in one paragraph

371 funds held OUT at the end of 2026Q2, up 36 from the quarter before. That is stronger buying than 87.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $1.9B(YoY +7.6%), the P/E is 22.5x, return on equity is 35.3%. OUT has had 4 buying rushes in its history, and the price moved +13.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2023Q2: holders=1 2023Q3: holders=1 2023Q4: holders=1 2024Q1: holders=1 2024Q2: holders=1 2024Q3: holders=1 2024Q4: holders=17 2025Q1: holders=257 2025Q2: holders=258 2025Q3: holders=275 2025Q4: holders=304 2026Q1: holders=335 2026Q2: holders=371 -240 -120 +0 +120 +240 0195390 23Q223Q323Q424Q124Q224Q324Q425Q125Q225Q325Q426Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 4 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2026Q1 Top 20% +2.7% -8.5%
2025Q4 Top 20% +9.8% +31.2%
2025Q1 Top 1% in the market +4.4% +17.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
192
Change in large funds
+23
Total value they hold
$6.0B
Funds buying for the first time
72
Funds that sold out entirely
36
Price change that quarter
-5.9%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
7

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
22.5
EPS (TTM)
$1.41
EPS YoY
+139.0%
Revenue (TTM)
$1.9B
Revenue YoY
+7.6%
Net margin
12.7%
ROE
35.3%
Debt ratio
86.3%
FCF (TTM)
$303M
Dividend (TTM)
$1.20
Quarterly Revenue & EPS
2021-09-30: EPS 0.18 2021-12-31: EPS 0.44 2022-03-31: EPS -0.04 2022-06-30: EPS 0.28 2022-09-30: EPS 0.23 2022-12-31: EPS 0.36 2023-03-31: EPS -0.16 2023-06-30: EPS -2.99 2023-09-30: EPS 0.09 2023-12-31: EPS 0.36 2024-03-31: EPS -0.18 2024-06-30: EPS 1.04 2024-09-30: EPS 0.20 2024-12-31: EPS 0.43 2025-03-31: EPS -0.14 2025-06-30: EPS 0.10 2025-09-30: EPS 0.29 2025-12-31: EPS 0.57 2026-03-31: EPS 0.11 2026-06-30: EPS 0.44 0M 261M 523M $M -3.29 -1.07 1.14 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 18 9 21 33 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-24M41M106M 20162017201820192020202120222023202420252026
Latest quarter $51M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.