CIBC Asset Management Inc Has $27.55 Million Holdings in Realty Income Corporation $O

CIBC Asset Management Inc boosted its stake in shares of Realty Income Corporation (NYSE:O) by 24.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 489,155 shares of the real estate investment trust’s stock after buying an additional 94,839 shares during the period. CIBC Asset Management Inc’s holdings in Realty Income were worth $27,549,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of O. Brighton Jones LLC raised its holdings in Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 615 shares during the period. Bison Wealth LLC acquired a new stake in Realty Income during the 4th quarter worth about $571,000. Empowered Funds LLC raised its holdings in Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after buying an additional 1,330 shares during the period. Woodline Partners LP raised its holdings in Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after buying an additional 21,603 shares during the period. Finally, Intech Investment Management LLC increased its holdings in shares of Realty Income by 14.9% in the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on O shares. Jefferies Financial Group started coverage on Realty Income in a report on Monday. They issued a “buy” rating and a $69.00 target price on the stock. Loop Capital set a $69.00 target price on Realty Income in a report on Monday, March 2nd. Royal Bank Of Canada upped their target price on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $67.46.

More Realty Income News

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

• Positive Sentiment: Jefferies initiated coverage on Realty Income with a Buy rating and a $69 price target, implying meaningful upside from recent levels and reinforcing the case for the stock as a stable income play. Article Reference
• Positive Sentiment: Several articles highlighted Realty Income as a strong dividend holding, including commentary on its monthly payout and its appeal inside a Roth IRA, which may support demand from income investors. Article Reference
• Positive Sentiment: A Seeking Alpha piece argued Realty Income offers a “buy-the-dip” setup, suggesting some investors see the recent pullback as a potential entry point rather than a warning sign. Article Reference
• Neutral Sentiment: New valuation analysis from GuruFocus estimated intrinsic value at $18 versus a price near $60, a stark contrast that may reinforce debate over whether the shares are richly valued. Article Reference
• Neutral Sentiment: Other valuation-focused coverage noted that Realty Income has pulled back recently, but long-term performance and dividend reliability continue to make it attractive for income-focused portfolios. Article Reference

Insider Activity at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the sale, the insider 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Realty Income Price Performance

Shares of O opened at $59.87 on Thursday. The company has a market capitalization of $55.83 billion, a price-to-earnings ratio of 49.07, a P/E/G ratio of 4.68 and a beta of 0.72. The business’s 50-day moving average is $62.38 and its 200-day moving average is $61.25. Realty Income Corporation has a fifty-two week low of $55.52 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

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

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.2705 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 5.4%. Realty Income’s payout ratio is presently 266.39%.

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.