Capital Advisors Inc. OK lifted its stake in Realty Income Corporation (NYSE:O – Free Report) by 19.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,000,606 shares of the real estate investment trust’s stock after acquiring an additional 165,559 shares during the period. Capital Advisors Inc. OK’s holdings in Realty Income were worth $61,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after buying an additional 615 shares in the last quarter. Bison Wealth LLC bought a new position in shares of Realty Income during the 4th quarter valued at approximately $571,000. Empowered Funds LLC increased its holdings in Realty Income by 8.0% in the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 1,330 shares in the last quarter. Woodline Partners LP increased its holdings in Realty Income by 41.3% in the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in Realty Income by 14.9% during the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock worth $1,474,000 after acquiring an additional 3,290 shares during the period. 70.81% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts have weighed in on O shares. Wells Fargo & Company upped their price target on shares of Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Mizuho decreased their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Robert W. Baird lifted their target price on shares of Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Monday, July 6th. Stifel Nicolaus set a $70.75 target price on shares of Realty Income in a report on Tuesday, June 30th. Finally, Jefferies Financial Group assumed coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.42.
Key Headlines Impacting Realty Income
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Falling bond yields could improve the appeal of Realty Income’s dividend yield relative to fixed-income alternatives. The company’s diversified net-lease portfolio and monthly distributions make it a potential beneficiary of renewed REIT demand. Could Falling Yields Make REIT Stocks Worth a Second Look?
- Positive Sentiment: Realty Income’s rising adjusted funds from operations, high occupancy and expansion into data centers are cited as support for continued dividend durability, even though payout growth is measured. Realty Income’s Dividend Growth Stays Durable: Should You Buy or Hold?
- Positive Sentiment: Several income-focused articles continue to present Realty Income as a dependable monthly dividend payer and a high-quality REIT for long-term investors, potentially supporting demand from retirees and yield-oriented shareholders. Realty Income: The Best REIT To Own
- Positive Sentiment: Options-writing strategies may offer investors a way to enhance income from Realty Income shares, although this is an investment approach rather than a change to the company’s fundamentals. Realty Income: Long-Term Income Name ‘Enhanced’ Via Options Writing
- Neutral Sentiment: Realty Income’s ordinary-income distributions can create a relatively high tax burden in taxable accounts, making the stock potentially more attractive in tax-advantaged accounts such as Roth IRAs. These 5 Dividend Stocks Lose the Most to Taxes Outside a Roth
- Negative Sentiment: Critics argue that Realty Income’s acquisitions and broader business expansion have not accelerated growth enough, while Lamar Advertising is viewed as having stronger acquisition execution. Lamar’s Acquisition Prowess Outshines Realty Income
- Negative Sentiment: Other commentary suggests investors may find better five-year total-return potential in VICI Properties, increasing competitive pressure on Realty Income among high-yield REITs. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income Over the Next 5 Years
Realty Income Price Performance
NYSE:O opened at $62.03 on Friday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $58.69 billion, a P/E ratio of 45.28, a P/E/G ratio of 4.40 and a beta of 0.71. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The business’s 50-day moving average is $63.31 and its 200 day moving average is $63.16.
Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting the consensus estimate of $1.09. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, equities research analysts forecast that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.
Realty Income Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.271 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.2%. Realty Income’s dividend payout ratio is presently 237.23%.
Realty Income Company Profile
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.
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