The Manufacturers Life Insurance Company Sells 28,152 Shares of Realty Income Corporation $O

Posted by George Bondi on Sep 13th, 2026

The Manufacturers Life Insurance Company cut its stake in shares of Realty Income Corporation (NYSE:O – Free Report) by 5.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 522,291 shares of the real estate investment trust’s stock after selling 28,152 shares during the period. The Manufacturers Life Insurance Company’s holdings in Realty Income were worth $32,361,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in 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 worth $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC acquired a new position in Realty Income in the 4th quarter valued at $571,000. Empowered Funds LLC grew 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 valued at $1,041,000 after buying an additional 1,330 shares in the last quarter. Woodline Partners LP increased its position in Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after buying an additional 21,603 shares during the period. Finally, Intech Investment Management LLC increased its position 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 buying an additional 3,290 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on O shares. UBS Group set a $67.00 target price on Realty Income in a report on Thursday, June 18th. Royal Bank Of Canada decreased their price target on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Evercore set a $68.00 price target on shares of Realty Income in a research report on Friday, August 7th. Jefferies Financial Group assumed coverage on shares of Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price objective for the company. Finally, Robert W. Baird boosted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 6th. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.23.

View Our Latest Analysis on Realty Income

Realty Income Trading Down 0.1%

Shares of NYSE:O opened at $59.52 on Friday. The business’s 50 day simple moving average is $63.01 and its 200 day simple moving average is $62.87. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. 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 has a market capitalization of $56.32 billion, a P/E ratio of 43.44, a P/E/G ratio of 4.23 and a beta of 0.71.

Realty Income (NYSE:O – Get Free Report) last announced its quarterly earnings data 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 firm 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 company’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts anticipate that Realty Income Corporation will post 4.42 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.2715 dividend. This represents a c) dividend on an annualized basis and a yield of 5.5%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, September 30th. Realty Income’s payout ratio is presently 237.23%.

Realty Income Company Profile

(Free Report)

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily uses long-term, single-tenant, net lease agreements, under which tenants generally assume responsibility for property-level expenses such as maintenance, insurance and taxes.

Its portfolio includes retail, industrial, distribution, office, gaming and other commercial properties. Realty Income serves a broad range of tenants, including convenience stores, grocery stores, pharmacies, home improvement retailers, restaurants, logistics operators and other established businesses.