Valley Wealth Managers Inc. Purchases 8,695 Shares of Realty Income Corporation $O

Valley Wealth Managers Inc. raised its position in Realty Income Corporation (NYSE:O) by 13.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,533 shares of the real estate investment trust’s stock after acquiring an additional 8,695 shares during the quarter. Valley Wealth Managers Inc.’s holdings in Realty Income were worth $4,258,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in O. Vanguard Group Inc. lifted its stake in shares of Realty Income by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after purchasing an additional 684,949 shares during the period. State Street Corp increased its holdings in Realty Income by 2.1% during 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 buying an additional 1,295,936 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Realty Income by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 12,671,171 shares of the real estate investment trust’s stock valued at $770,273,000 after buying an additional 433,602 shares during the last quarter. Raymond James Financial Inc. raised its position in Realty Income by 1.5% in the third quarter. Raymond James Financial Inc. now owns 12,186,943 shares of the real estate investment trust’s stock worth $740,844,000 after acquiring an additional 175,102 shares during the period. Finally, Daiwa Securities Group Inc. raised its position in Realty Income by 0.4% in the third quarter. Daiwa Securities Group Inc. now owns 3,970,350 shares of the real estate investment trust’s stock worth $241,357,000 after acquiring an additional 16,855 shares during the period. 70.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

O has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Scotiabank raised their target price on Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 11th. Stifel Nicolaus lifted their target price on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Barclays boosted their price target on Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada upped their price target on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $67.27.

Realty Income Price Performance

O stock opened at $62.28 on Tuesday. Realty Income Corporation has a one year low of $54.38 and a one year high of $67.93. The company’s fifty day moving average price is $63.39 and its 200-day moving average price is $60.82. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $58.07 billion, a PE ratio of 51.05, a price-to-earnings-growth ratio of 4.21 and a beta of 0.75.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. The company 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%. Realty Income’s quarterly revenue was up 12.2% on a year-over-year basis. 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. On average, equities analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.2705 per share. The ex-dividend date is Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the sale, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by insiders.

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.