10,119 Shares in Realty Income Corporation $O Bought by Focused Wealth Management Inc

Focused Wealth Management Inc purchased a new stake in Realty Income Corporation (NYSE:O) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,119 shares of the real estate investment trust’s stock, valued at approximately $627,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in shares of 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 valued at $326,000 after buying an additional 615 shares during the last quarter. Bison Wealth LLC purchased a new stake in shares of Realty Income in the fourth quarter worth about $571,000. Empowered Funds LLC boosted its stake in shares of Realty Income by 8.0% in the first 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 last quarter. Woodline Partners LP grew its holdings in Realty Income by 41.3% during the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares during the period. Finally, Intech Investment Management LLC grew its holdings in Realty Income by 14.9% during the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock worth $1,474,000 after acquiring an additional 3,290 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Stock Performance

NYSE O opened at $62.46 on Tuesday. The stock has a market capitalization of $59.10 billion, a price-to-earnings ratio of 45.59, a PEG ratio of 4.46 and a beta of 0.71. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average of $63.12 and a 200 day moving average of $63.11.

Realty Income (NYSE:O) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company earned $1.05 earnings per share. Realty Income’s quarterly revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Sell-side analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were given a dividend of $0.271 per share. The ex-dividend date was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is 237.23%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on O shares. Scotiabank decreased their price target on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Evercore set a $68.00 price objective on shares of Realty Income in a research note on Friday, August 7th. Morgan Stanley set a $67.00 target price on shares of Realty Income in a report on Monday, April 27th. Barclays decreased their target price on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Finally, Mizuho dropped 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Realty Income has a consensus rating of “Moderate Buy” and a consensus target price of $67.42.

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.