Public Employees Retirement System of Ohio Buys 42,577 Shares of Realty Income Corporation $O

Posted by Geri Gentry on Aug 28th, 2026

Public Employees Retirement System of Ohio increased its stake in Realty Income Corporation (NYSE:O – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,380,117 shares of the real estate investment trust’s stock after purchasing an additional 42,577 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Realty Income were worth $85,512,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Realty Income in the 2nd quarter valued at $6,997,219,000. State Street Corp boosted its holdings in Realty Income by 0.8% during the fourth quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after acquiring an additional 531,095 shares during the period. Geode Capital Management LLC grew its position in shares of Realty Income by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after purchasing an additional 793,100 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Realty Income by 10.3% in the second quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock worth $1,184,551,000 after purchasing an additional 1,785,859 shares during the period. Finally, Morgan Stanley increased its stake in shares of Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after purchasing an additional 3,252,091 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Trading Down 0.7%

Shares of Realty Income stock opened at $61.80 on Friday. The firm has a market capitalization of $58.48 billion, a PE ratio of 45.11, a price-to-earnings-growth ratio of 4.42 and a beta of 0.71. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company’s fifty day moving average price is $63.28 and its two-hundred day moving average price is $63.17. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93.

Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting analysts’ consensus estimates of $1.09. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, analysts expect that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 31st. Realty Income’s dividend payout ratio is currently 237.23%.

Analysts Set New Price Targets

Several brokerages have commented on O. Huntington assumed coverage on Realty Income in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target on the stock. Barclays cut their target price on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Wells Fargo & Company upped their price objective on shares of Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 15th. Finally, Evercore set a $68.00 target price on Realty Income in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Realty Income currently has an average rating of “Moderate Buy” and a consensus price target of $67.42.

View Our Latest Report on Realty Income

Trending Headlines about Realty Income

Here are the key news stories impacting Realty Income this week:

Positive Sentiment: Analysts continue to view Realty Income as a durable income investment. Rising adjusted funds from operations (AFFO), high occupancy and expansion into data centers are cited as support for the company’s ability to maintain and gradually grow its monthly dividend. Realty Income’s Dividend Growth Stays Durable: Should You Buy or Hold?
Positive Sentiment: Several articles emphasize Realty Income’s appeal as a long-term, monthly income vehicle, with one suggesting that options writing could enhance shareholder income. The company’s broad property portfolio and established dividend history remain key attractions for income-focused investors. Realty Income: Long-Term Income Name Enhanced Via Options Writing
Positive Sentiment: Other coverage presents Realty Income as a leading REIT for dependable retirement cash flow and highlights the tax advantages of holding dividend-producing assets in a Roth account. These articles may reinforce demand from yield-oriented investors, although they do not represent new company-specific developments. Realty Income: The Best REIT To Own
Neutral Sentiment: Coverage of Realty Income’s monthly dividend illustrates the cash flow generated by a $30,000 investment. The analysis supports the stock’s income appeal but is primarily educational and does not introduce a change to Realty Income’s fundamentals. Realty Income Pays a Monthly Dividend
Negative Sentiment: More cautious analysis argues that Realty Income’s business expansion has not yet accelerated growth, while another warns that bullish investors may be overlooking a valuation that is difficult to justify without faster earnings and dividend growth. These concerns likely weigh on the stock despite its defensive income characteristics. Realty Income: Business Expansion Has Not Accelerated Growth
Negative Sentiment: A comparison article favors VICI Properties over Realty Income for potential five-year performance, suggesting that investors seeking higher growth may find better opportunities elsewhere. This competitive framing adds pressure to Realty Income’s share-price outlook, even though it does not signal deterioration in the company’s current operations. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income

Realty Income Company Profile

(Free Report)

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.