Raleigh Capital Management Inc. Trims Stock Position in Realty Income Corporation $O

Raleigh Capital Management Inc. cut its holdings in shares of Realty Income Corporation (NYSE:O) by 44.2% in the first quarter, HoldingsChannel reports. The firm owned 16,320 shares of the real estate investment trust’s stock after selling 12,918 shares during the period. Raleigh Capital Management Inc.’s holdings in Realty Income were worth $998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. EFG International AG purchased a new stake in shares of Realty Income in the fourth quarter worth about $26,000. Stance Capital LLC acquired a new stake in Realty Income during the third quarter worth about $27,000. Evolution Wealth Management Inc. raised its position in Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new position in Realty Income during the fourth quarter valued at approximately $29,000. Finally, Ameriflex Group Inc. raised its position 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 acquiring an additional 215 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

More Realty Income News

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

• Positive Sentiment: Realty Income announced its 135th dividend increase, reinforcing its reputation as a reliable monthly income stock and underscoring continued dividend growth. Article Title
• Positive Sentiment: Several new articles pitched Realty Income as a top REIT for passive income, which can attract income-oriented investors seeking stable monthly cash flow. Article Title
• Positive Sentiment: Coverage also highlighted Realty Income’s ongoing appeal to retirees and long-term passive-income investors, keeping the stock in focus as a defensive dividend name. Article Title
• Neutral Sentiment: The company announced that it will report second-quarter 2026 results on August 5, giving investors a near-term catalyst to watch. Article Title
• Neutral Sentiment: A brokerages note said Realty Income currently has a consensus rating of “Hold,” suggesting Wall Street remains constructive but not especially aggressive on the shares. Article Title
• Neutral Sentiment: One article discussed Realty Income’s data center partnership strategy, which could expand growth over time but remains a longer-term thesis rather than an immediate earnings driver. Article Title

Wall Street Analysts Forecast Growth

O has been the topic of several recent research reports. Jefferies Financial Group assumed coverage on Realty Income in a research report on Monday, June 1st. They issued a “buy” rating and a $69.00 price objective on the stock. Mizuho cut their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a report on Monday, April 27th. Royal Bank Of Canada raised their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Finally, Barclays lifted their price objective on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. One investment 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $66.77.

Realty Income Price Performance

NYSE:O opened at $63.77 on Friday. The stock has a 50 day moving average of $62.00 and a two-hundred day moving average of $61.92. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The firm has a market cap of $59.46 billion, a P/E ratio of 52.27, a price-to-earnings-growth ratio of 4.98 and a beta of 0.72. 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 released 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. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $1.06 earnings per share. The business’s quarterly revenue 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, analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.271 per share. This is a boost 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 yield of 5.1%. Realty Income’s dividend payout ratio is presently 266.39%.

Realty Income Company 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.