iA Global Asset Management Inc. Invests $3.69 Million in Realty Income Corporation $O

iA Global Asset Management Inc. bought a new position in shares of Realty Income Corporation (NYSE:O) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 60,288 shares of the real estate investment trust’s stock, valued at approximately $3,688,000.

Several other hedge funds have also modified their holdings of O. Stance Capital LLC acquired a new position in shares of Realty Income during the 3rd quarter worth $27,000. EFG International AG acquired a new stake in shares of Realty Income in the fourth quarter valued at about $26,000. Evolution Wealth Management Inc. lifted its stake in shares of Realty Income by 257.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares during the period. Quattro Advisors LLC purchased a new stake in Realty Income during the fourth quarter worth about $29,000. Finally, Ameriflex Group Inc. boosted its holdings 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 worth $32,000 after buying an additional 215 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Stock Down 0.1%

Shares of NYSE O opened at $61.89 on Thursday. The firm’s 50-day moving average is $62.00 and its two-hundred day moving average is $61.86. The company has a market capitalization of $57.71 billion, a PE ratio of 50.73, a price-to-earnings-growth ratio of 4.84 and a beta of 0.72. Realty Income Corporation has a 12-month low of $55.86 and a 12-month 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 issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period last year, the company posted $1.06 EPS. The company’s revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.271 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Realty Income’s new data-center joint venture could expand its growth runway and add exposure to a high-demand digital infrastructure market.
• Positive Sentiment: The JV starts with more than $6 billion in seed assets and is designed around long-duration leases to investment-grade tenants, which may support stable income growth.
• Neutral Sentiment: The company announced that it will report second-quarter 2026 earnings on August 5, keeping investors focused on upcoming operating results.
• Neutral Sentiment: Recent articles highlighted Realty Income as a dividend stock to watch, but these mentions are not likely to materially move the shares on their own.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Morgan Stanley set a $67.00 price target on Realty Income in a research note on Monday, April 27th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Stifel Nicolaus set a $70.75 price objective on Realty Income in a research note on Tuesday. Finally, Royal Bank Of Canada raised their price objective on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Realty Income has an average rating of “Hold” and a consensus target price of $66.77.

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.