New York State Teachers Retirement System Decreases Stake in Realty Income Corporation $O

New York State Teachers Retirement System trimmed its holdings in shares of Realty Income Corporation (NYSE:O) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 778,269 shares of the real estate investment trust’s stock after selling 15,060 shares during the period. New York State Teachers Retirement System’s holdings in Realty Income were worth $43,871,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Stance Capital LLC acquired a new position in shares of Realty Income during the third quarter worth about $27,000. Strengthening Families & Communities LLC increased its position in shares of Realty Income by 586.1% during the third quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 422 shares during the last quarter. Ameriflex Group Inc. increased its position in shares of 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 acquiring an additional 215 shares during the last quarter. FNY Investment Advisers LLC lifted its stake in shares of Realty Income by 622.2% in the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 560 shares in the last quarter. Finally, Maseco LLP acquired a new stake in Realty Income during the 4th quarter valued at approximately $43,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

O has been the topic of a number of research reports. Morgan Stanley set a $67.00 target price on shares of Realty Income in a report on Monday. Loop Capital set a $69.00 target price on shares of Realty Income in a report on Monday, March 2nd. Mizuho increased their target price on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. Evercore restated a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. Finally, Scotiabank increased their target price on Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 11th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $66.75.

Realty Income News Summary

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

• Positive Sentiment: 670th consecutive monthly dividend reinforces Realty Income’s long income track record and supports its appeal to yield-focused investors. Assessing Realty Income (O) Valuation As Its 670th Consecutive Monthly Dividend Extends Its Income Track Record
• Positive Sentiment: Operating fundamentals cited in coverage remain solid — high occupancy (~98.9%) and recent revenue growth support the REIT’s cash flow stability, a tailwind for dividend sustainability. Should You Buy, Hold or Sell O Stock Amid Market Volatility?
• Neutral Sentiment: Analyst projection pieces ahead of Q1 (top/bottom-line and key metrics) highlight mixed expectations — useful context but not definitive until the company’s reported results are released. What Analyst Projections for Key Metrics Reveal About Realty Income Corp. (O) Q1 Earnings
• Neutral Sentiment: Increased retail/investor attention (Zacks trending coverage) can boost short-term liquidity and interest but does not by itself resolve fundamentals vs. macro risks. Is Trending Stock Realty Income Corporation (O) a Buy Now?
• Negative Sentiment: Analysts’ views are mixed and some ratings have softened despite recent share gains; downgrades or lowered guidance could pressure the stock. Analysts hold mixed view on Realty Income despite stock gains
• Negative Sentiment: Valuation and rate risk: coverage flags elevated P/E and sensitivity to higher interest rates, which could limit upside if macro rates remain elevated or FFO growth slows. Assessing Realty Income (O) Valuation As Its 670th Consecutive Monthly Dividend Extends Its Income Track Record

Insider Activity

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider owned 67,641 shares of the company’s stock, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Realty Income Trading Down 0.6%

NYSE:O opened at $63.89 on Friday. The stock has a fifty day simple moving average of $63.75 and a 200 day simple moving average of $60.69. The firm has a market capitalization of $59.57 billion, a price-to-earnings ratio of 54.60, a price-to-earnings-growth ratio of 4.35 and a beta of 0.79. Realty Income Corporation has a 1-year low of $54.38 and a 1-year high of $67.93. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, meeting the consensus estimate of $1.08. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Sell-side analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.2705 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is 276.92%.

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.