State Street raises stake in COPT Defense Properties stock
Published on 10/08/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- State Street added 34,561 shares and reached 6.06 percent ownership in COPT Defense Properties during the second quarter.
- COPT Defense Properties completed 408,000 square feet of vacancy leasing by September 9, equal to 102.00 percent of its initial target.
- The stock was at EUR 29.70 at Lang & Schwarz on October 8, 2026, with a minus 0.67 percent change versus EUR 29.90.
- The company has scheduled its third-quarter results release for October 29, 2026, followed by a conference call on October 30.
COPT Defense Properties (ISIN US22002T1088) was trading at EUR 29.70 at Lang & Schwarz on October 8, 2026 at 4:30 p.m. CEST, with a minus 0.67 percent change versus the prior close of EUR 29.90. As MarketBeat reported on September 24, 2026, State Street had added 34,561 shares in the second quarter and owned 6.06 percent of the company.
Three events shape the stock
On July 27, 2026, COPT Defense Properties reported second-quarter revenue of USD 197.39 million and diluted earnings per share of USD 0.40, versus consensus of USD 189.36 million and USD 0.33, respectively, according to MarketBeat.
On September 9, 2026, the company said it had completed 408,000 square feet of vacancy leasing year to date, equal to 102.00 percent of its initial 400,000-square-foot target and 86.00 percent of its revised 475,000-square-foot target, according to Business Wire.
On September 24, 2026, State Street had increased its position by 0.50 percent, adding 34,561 shares and bringing its holding to 6.87 million shares, according to MarketBeat. The transaction adds an institutional ownership signal to a portfolio whose leasing data already exceeded the original annual target.
What does 96.40 percent leasing mean?
As of June 30, 2026, COPT Defense Properties' Defense and Information Technology portfolio covered 202 properties and 23.3 million square feet, with 96.40 percent leased, according to COPT Defense Properties. That occupancy figure gives the leasing milestone operating context, while the 408,000 square feet completed by September 9 shows how quickly vacancy leasing moved against the initial plan.
The second-quarter comparison was also positive: USD 197.39 million of revenue exceeded the USD 189.36 million consensus by USD 8.03 million, while diluted earnings per share of USD 0.40 exceeded the USD 0.33 consensus by USD 0.07. The company also declared a USD 0.32 quarterly dividend for the third quarter, payable on October 15, 2026, according to Business Wire.
Dates for the next catalyst
The next two dated events are the USD 0.32 dividend payment on October 15, 2026, and the third-quarter results release after the market closes on October 29, 2026, according to Business Wire. Management is scheduled to discuss those results on October 30, 2026.
EUR 29.70 keeps the market signal neutral
COPT Defense Properties was trading at EUR 29.70 at Lang & Schwarz on October 8, 2026 at 4:30 p.m. CEST, with a minus 0.67 percent change versus the prior close of EUR 29.90. The continuously updated real-time quote of COPT Defense Properties stock.
COPT Defense Properties market snapshot
- Company: COPT Defense Properties
- ISIN: US22002T1088
- Ticker: CDP
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 4:30 p.m. CEST: EUR 29.70
- Change versus prior close: minus 0.67 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 29.90
- Market capitalization: USD 3.8 billion as of October 8, 2026
- 52-week range: USD 27.06-38.90 as of October 8, 2026
- Sector / Industry: Real Estate / REIT - Office
- Index membership: S&P MidCap 400
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
