Principal Financial Group Inc. Sells 42,913 Shares of Realty Income Corporation $O

Posted by ABMN Staff on Feb 3rd, 2026

Principal Financial Group Inc. lessened its position in shares of Realty Income Corporation (NYSE:O – Free Report) by 2.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,125,962 shares of the real estate investment trust’s stock after selling 42,913 shares during the quarter. Principal Financial Group Inc. owned approximately 0.23% of Realty Income worth $129,237,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in Realty Income by 1.1% during the second quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock worth $3,556,436,000 after purchasing an additional 676,697 shares during the last quarter. OLD National Bancorp IN purchased a new stake in Realty Income in the 3rd quarter valued at about $3,391,000. Federated Hermes Inc. lifted its position in shares of Realty Income by 13.1% during the 2nd quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock worth $153,763,000 after buying an additional 309,902 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Realty Income by 1.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,813,174 shares of the real estate investment trust’s stock worth $334,897,000 after buying an additional 84,066 shares during the last quarter. Finally, Synergy Asset Management LLC grew its holdings in shares of Realty Income by 235.9% in the third quarter. Synergy Asset Management LLC now owns 217,820 shares of the real estate investment trust’s stock valued at $12,829,000 after acquiring an additional 152,972 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income News Roundup

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

Positive Sentiment: Dividend durability supports investor confidence — Realty Income marked its 650th consecutive monthly dividend payment and the article argues the streak looks secure, reinforcing the company’s core appeal to income investors. Realty Income Has Made 650 Consecutive Monthly Payments and the Streak Looks Secure
Positive Sentiment: Portfolio diversification and international expansion: coverage notes Realty Income’s first investment in Mexico and expected continued diversification, which could support growth and cashflow beyond U.S. retail exposure. I Nailed This Bold Prediction for Realty Income. Here are 2 More Things I Still See Ahead in 2026.
Positive Sentiment: Analyst upgrade — Scotiabank recently upgraded the stock, giving a short-term boost to sentiment among institutional investors. Realty Income (NYSE:O) Upgraded at Scotiabank
Neutral Sentiment: Consensus holds at “Hold” — an aggregation of brokerages shows an average “Hold” rating, indicating mixed expectations and limited near-term conviction from the analyst community. Realty Income Corporation (NYSE:O) Receives Average Recommendation of “Hold” from Brokerages
Neutral Sentiment: Positive retail press but likely already priced in — multiple investment write-ups (Fool, 24/7 Wall St., MarketBeat lists) are promoting the stock’s yield and monthly payout; that helps sentiment but may have limited incremental upside if headlines are already reflected in the price. 4 REITs. 4 Monthly Dividend Programs. 4 Massive Yields of Up to 11.7%
Negative Sentiment: Valuation and rate sensitivity driving the pullback — Realty Income trades at a high P/E and near its 1‑year high, making it vulnerable to profit-taking and sensitivity to interest-rate moves that pressure REIT multiples; that dynamic appears to be the main driver of today’s decline. Realty Income (O) stock page

Realty Income Trading Down 1.0%

Shares of O opened at $60.54 on Tuesday. Realty Income Corporation has a fifty-two week low of $50.71 and a fifty-two week high of $61.95. The business has a 50-day moving average of $58.35 and a 200 day moving average of $58.40. The firm has a market cap of $55.69 billion, a P/E ratio of 56.05, a price-to-earnings-growth ratio of 3.92 and a beta of 0.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.53 and a current ratio of 1.53.

Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.35 billion. Realty Income had a net margin of 17.17% and a return on equity of 2.45%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 earnings per share. As a group, research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a yield of 5.4%. Realty Income’s dividend payout ratio (DPR) is 300.00%.

Wall Street Analysts Forecast Growth

O has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday, January 20th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $61.00 target price on shares of Realty Income in a research note on Thursday, December 18th. Mizuho cut their price target on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Barclays increased their price target on shares of Realty Income from $63.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 3rd. Finally, Wall Street Zen lowered shares of Realty Income from a “hold” rating to a “sell” rating in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $63.21.

View Our Latest Analysis on Realty Income

About Realty Income

(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.