Formidable Asset Management LLC Acquires Shares of 12,676 Realty Income Corporation $O

Formidable Asset Management LLC bought a new stake in shares of Realty Income Corporation (NYSE:O) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,676 shares of the real estate investment trust’s stock, valued at approximately $715,000.

A number of other hedge funds and other institutional investors have also modified their holdings of O. Brighton Jones LLC increased 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 shares of Realty Income in the 4th quarter valued at approximately $571,000. Empowered Funds LLC boosted its stake in shares of Realty Income by 8.0% during 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 during the last quarter. Woodline Partners LP boosted its stake in shares of 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 valued at $4,289,000 after buying an additional 21,603 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in shares of Realty Income by 14.9% during the first 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 in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Price Performance

O opened at $63.00 on Tuesday. The firm has a market cap of $58.75 billion, a price-to-earnings ratio of 51.64, a price-to-earnings-growth 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. The company’s 50-day moving average price is $62.12 and its 200 day moving average price is $61.79. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the company posted $1.06 earnings per share. Realty Income’s revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, sell-side analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.271 dividend. This is a positive change from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on O shares. 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 target for the company. UBS Group set a $67.00 target price on Realty Income in a research report on Thursday, June 18th. Royal Bank Of Canada boosted their price target on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Finally, Morgan Stanley set a $67.00 price objective on Realty Income in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned 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 “Hold” and a consensus target price of $66.75.

Insider Transactions at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares in the company, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Trending Headlines about Realty Income

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

• 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 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.