20,297 Shares in Realty Income Corporation $O Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC purchased a new position in Realty Income Corporation (NYSE:O) during the second quarter, HoldingsChannel reports. The institutional investor purchased 20,297 shares of the real estate investment trust’s stock, valued at approximately $1,262,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in O. Vanguard Group Inc. raised its holdings 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. Danske Bank A S grew its holdings in shares of Realty Income by 20.3% during the 4th quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after purchasing an additional 95,773 shares during the period. Nomura Asset Management Co. Ltd. increased its position in Realty Income by 0.7% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,323,920 shares of the real estate investment trust’s stock worth $130,999,000 after purchasing an additional 16,546 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Realty Income by 5.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,730,032 shares of the real estate investment trust’s stock worth $156,458,000 after purchasing an additional 140,685 shares in the last quarter. Finally, 1834 Investment Advisors Co. increased its position in Realty Income by 86.7% during the 4th quarter. 1834 Investment Advisors Co. now owns 39,734 shares of the real estate investment trust’s stock worth $2,240,000 after purchasing an additional 18,455 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Price Performance

O stock opened at $62.61 on Monday. The stock’s 50 day moving average is $63.18 and its two-hundred day moving average is $63.17. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. The company has a market capitalization of $59.24 billion, a PE ratio of 45.70, a P/E/G ratio of 4.44 and a beta of 0.71. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73.

Realty Income (NYSE:O) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the business posted $1.05 EPS. The business’s revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Monday, August 31st. Realty Income’s dividend payout ratio is 237.23%.

Wall Street Analysts Forecast Growth

O has been the topic of a number of recent research reports. Mizuho reduced their price target on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Royal Bank Of Canada cut their target price on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Stifel Nicolaus set a $70.75 target price on shares of Realty Income in a report on Tuesday, June 30th. Scotiabank decreased their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Finally, UBS Group set a $67.00 price target on Realty Income in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Realty Income presently has an average rating of “Moderate Buy” and an average price target of $67.42.

Realty Income News Summary

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

• Positive Sentiment: Analysts at Yahoo Finance argue that Realty Income could be approximately 12% undervalued following its recent convertible-note activity. The company’s monthly dividend, supported by an indicated yield of roughly 5.2%, remains a key attraction for income-focused investors. Realty Income Could Be 12% Undervalued Following New Convertible Note Issues
• Positive Sentiment: Investment commentary continues to favor Realty Income as a dependable dividend stock because of its monthly payment schedule, relatively high yield, and recurring net-lease rental income. Other coverage also highlights its European expansion as a potential long-term growth engine. Why I Think the Best Dividend Stock Isn’t a Tech Name: It’s Realty Income
• Neutral Sentiment: Realty Income completed or announced offerings totaling approximately $1.625 billion of convertible senior notes due 2031, including notes carrying a 3.750% coupon. The financing could improve liquidity and support acquisitions, but its equity-linked structure may increase future share dilution and adds to the company’s financing obligations. Realty Income Adds $1.625 Billion of Convertible Notes Due 2031
• Neutral Sentiment: Articles continue to list Realty Income among monthly dividend payers and emphasize that investors may need roughly $19,000 to $20,000 invested to generate $1,000 in annual dividends at current yield levels. These reports reinforce income demand but do not materially change company fundamentals. 5 Monthly Dividend Payers to Own Heading Into September
• Negative Sentiment: The new debt has likely contributed to near-term caution because investors must assess additional leverage, interest costs, and possible dilution from conversion. Realty Income’s recent short-term performance has also been weak, increasing pressure on the stock despite its dividend appeal.

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.