Ritholtz Wealth Management acquired a new stake in shares of Realty Income Corporation (NYSE:O – Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,338 shares of the real estate investment trust’s stock, valued at approximately $816,000.
Other large investors have also modified their holdings of the company. Stance Capital LLC purchased a new stake in shares of Realty Income during the third quarter valued at $27,000. EFG International AG purchased a new position in Realty Income in the 4th quarter worth about $26,000. Evolution Wealth Management Inc. raised its holdings in Realty Income by 257.1% during the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income during the 4th quarter worth about $29,000. Finally, Ameriflex Group Inc. lifted its stake in Realty Income by 68.7% during the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 215 shares in the last quarter. 70.81% of the stock is owned by institutional investors.
Insider Buying and Selling at Realty Income
In other news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.
Realty Income News Summary
- Positive Sentiment: Analysts and bullish commentary highlighted Realty Income’s roughly 5.3% dividend yield and monthly payout schedule, which stand out versus the broader market and may continue to attract income investors.
- Neutral Sentiment: Realty Income priced a €600 million euro-denominated notes offering at 3.625% due 2032, a move that strengthens liquidity and funding flexibility for future investments. Article Title
- Neutral Sentiment: Coverage from multiple outlets revisited a bullish thesis on Realty Income (O), emphasizing its scale, defensive net-lease model, and income-generation profile. Article Title
- Neutral Sentiment: The company also reportedly bought a gas station/Wawa site in Goldsboro, showing continued property investment activity, though the transaction size appears too small to materially move the stock on its own.
Realty Income Price Performance
Shares of O opened at $63.00 on Tuesday. The business’s 50-day moving average is $62.12 and its 200-day moving average is $61.79. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $58.75 billion, a price-to-earnings ratio of 51.64, a P/E/G ratio of 4.93 and a beta of 0.73. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93.
Realty Income (NYSE:O – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities research analysts expect that Realty Income Corporation will post 4.45 EPS for the current fiscal year.
Realty Income Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.271 per share. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is presently 266.39%.
Wall Street Analysts Forecast Growth
Several research analysts have commented on O shares. Morgan Stanley set a $67.00 target price on shares of Realty Income in a report on Monday, April 27th. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Barclays raised their price objective on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Loop Capital set a $69.00 target price on shares of Realty Income in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Realty Income presently has a consensus rating of “Hold” and a consensus price target of $66.75.
Check Out Our Latest Analysis on O
Realty Income 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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