10 Best Sustainability Stocks to Invest In

9. Piedmont Office Realty Trust, Inc. (NYSE:PDM)

Number of Hedge Fund Holders: 16

Piedmont Office Realty Trust, Inc. (NYSE:PDM) ranks among the best sustainability stocks to invest in. On October 28, Truist Securities reaffirmed its $9 price target and Buy rating for Piedmont Office Realty Trust, Inc. (NYSE:PDM) following the company’s third-quarter earnings report.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced third-quarter funds from operations (FFO) of $0.35 per share, which exceeded both Truist’s estimate and the consensus projection of $0.34. The company also adjusted its full-year 2025 guidance to an unaltered midpoint of $1.41 per share, while its projected fourth-quarter guidance midpoint of $0.35 per share remains in line with market expectations.

Piedmont’s core FFO projection for 2025 has been reduced to $1.40–$1.42 per diluted share. Given increased leasing activity and ongoing renovations, the company projects mid-single-digit FFO growth in 2026–2027. Piedmont Office Realty Trust, Inc. (NYSE:PDM) also expects about $75 million in future annual cash rent from executed leases, with a goal of an 89–90% lease rate by the end of the year.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) is a real estate investment trust that owns, manages, develops, redevelops, and operates Class A office properties in major Eastern U.S. office markets.