Fulton Bank N.A. Trims Position in Realty Income Corporation $O

Fulton Bank N.A. decreased its holdings in shares of Realty Income Corporation (NYSE:O) by 31.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,136 shares of the real estate investment trust’s stock after selling 10,855 shares during the period. Fulton Bank N.A.’s holdings in Realty Income were worth $1,415,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Realty Income during the 4th quarter worth approximately $558,775,000. Morgan Stanley increased its holdings in shares of Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after purchasing an additional 3,252,091 shares during the period. Deutsche Bank AG increased its holdings in shares of Realty Income by 45.1% in the fourth quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock valued at $281,792,000 after purchasing an additional 1,554,726 shares during the period. State Street Corp increased its holdings in shares of Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after purchasing an additional 1,295,936 shares during the period. Finally, Barclays PLC raised its stake in shares of Realty Income by 52.7% during the third quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after purchasing an additional 946,815 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Key Realty Income News

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

• Positive Sentiment: Realty Income is drawing attention for its 5%+ dividend yield and its long history of monthly payouts, reinforcing its reputation as a dependable income stock. Article Title
• Positive Sentiment: The company announced a major joint venture with Cloud Capital and a global institutional investor to target stabilized hyperscale data centers, with the program seeded by more than $6 billion of assets and up to $1.4 billion of planned investments, which could add a new growth engine. Article Title
• Positive Sentiment: Several recent pieces framed Realty Income as one of the better dividend names on the market, which can support demand for the stock among income-focused investors. Article Title
• Neutral Sentiment: Realty Income set its second-quarter 2026 earnings release for August 5, giving investors a near-term catalyst but no new financial results yet.
• Neutral Sentiment: Brokerage consensus currently remains at “Hold,” suggesting analysts are not broadly calling for a major re-rating from current levels.

Realty Income Stock Performance

Shares of O stock opened at $63.77 on Friday. The company has a market cap of $59.46 billion, a price-to-earnings ratio of 52.27, a price-to-earnings-growth ratio of 4.83 and a beta of 0.72. The stock has a 50 day simple moving average of $61.99 and a 200-day simple moving average of $61.90. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the business earned $1.06 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities analysts forecast that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.271 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Tuesday, June 30th. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s payout ratio is presently 266.39%.

Analysts Set New Price Targets

Several brokerages recently weighed in on O. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research note on Tuesday. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Mizuho reduced their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group assumed coverage on shares of Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 target price on the stock. 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 given a Sell rating to the stock. According to MarketBeat, Realty Income presently has an average rating of “Hold” and a consensus target price of $66.77.

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.