Realty Income Corporation $O Shares Sold by North Star Investment Management Corp.

North Star Investment Management Corp. decreased its position in shares of Realty Income Corporation (NYSE:O) by 62.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,133 shares of the real estate investment trust’s stock after selling 31,710 shares during the period. North Star Investment Management Corp.’s holdings in Realty Income were worth $1,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Realty Income in the 2nd quarter worth $6,997,219,000. State Street Corp grew its stake in shares of Realty Income by 3.4% during the second quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust’s stock valued at $4,102,484,000 after acquiring an additional 2,166,180 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Realty Income by 10.3% during the second quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock valued at $1,184,551,000 after acquiring an additional 1,785,859 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Realty Income by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock valued at $796,457,000 after acquiring an additional 154,581 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Realty Income during the second quarter worth about $643,334,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 1.8%

NYSE O opened at $57.22 on Friday. Realty Income Corporation has a 12 month low of $53.15 and a 12 month high of $67.93. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company has a market capitalization of $54.14 billion, a price-to-earnings ratio of 41.76, a price-to-earnings-growth ratio of 4.39 and a beta of 0.69. The company’s fifty day moving average price is $57.62 and its two-hundred day moving average price is $61.61.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the business earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a dividend of $0.2715 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $3.26 annualized dividend and a dividend yield of 5.7%. Realty Income’s dividend payout ratio (DPR) is presently 237.23%.

Analyst Ratings Changes

A number of analysts have recently issued reports on O shares. Weiss Ratings lowered Realty Income from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Robert W. Baird increased their price target on Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 6th. Royal Bank Of Canada reduced their price target on Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Huntington began coverage on Realty Income in a research note on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price objective for the company. Finally, Truist Financial upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $72.34.

Realty Income News Roundup

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

• Positive Sentiment: Realty Income declared its 676th consecutive monthly dividend, reinforcing its reputation as a reliable income investment. The company has paid monthly dividends for more than 56 years, maintains high occupancy, and leases properties to established tenants. Realty Income Just Declared Its 676th Consecutive Monthly Dividend
• Positive Sentiment: Realty Income continues to be highlighted among high-yield dividend stocks suitable for long-term income portfolios. Its history of raising payouts through different interest-rate environments may attract investors seeking defensive, recurring cash flow. Retire on Dividends: 5 High-Yield Stocks
• Neutral Sentiment: Wall Street previews ahead of Realty Income’s third-quarter 2026 results are concentrating on operating metrics beyond revenue and earnings, including property-level performance and funds-from-operations-related measures. The reports provide expectations but do not include new results. Ahead of Realty Income Q3 Earnings
• Negative Sentiment: A valuation analysis argues that Realty Income’s share price may be above fair value relative to its current earnings power, despite a 37.6% three-year shareholder return. That raises the risk that earnings or guidance will need to improve to justify further gains. Realty Income Stock May Sit Above Fair Value
• Negative Sentiment: REIT dividends are generally taxed as ordinary income in taxable accounts, potentially reducing after-tax returns for investors in higher tax brackets. This is a consideration for Realty Income’s income-focused shareholder base. Tax Treatment of High-Yield Dividends

Realty Income Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.