Bradley Foster & Sargent Inc. CT Purchases 12,463 Shares of Realty Income Corporation $O

Bradley Foster & Sargent Inc. CT raised its holdings in shares of Realty Income Corporation (NYSE:O) by 4.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,145 shares of the real estate investment trust’s stock after buying an additional 12,463 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Realty Income were worth $18,485,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of O. Waverly Advisors LLC raised its holdings in shares of Realty Income by 10.1% in the first quarter. Waverly Advisors LLC now owns 45,114 shares of the real estate investment trust’s stock worth $2,760,000 after buying an additional 4,133 shares during the period. Bridgewater Advisors Inc. boosted its holdings in Realty Income by 4.2% during the 1st quarter. Bridgewater Advisors Inc. now owns 6,509 shares of the real estate investment trust’s stock valued at $400,000 after acquiring an additional 265 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Realty Income by 58.9% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 57,778 shares of the real estate investment trust’s stock valued at $3,535,000 after acquiring an additional 21,413 shares during the period. Renaissance Technologies LLC bought a new position in Realty Income in the 1st quarter valued at $3,147,000. Finally, Morningstar Investment Management LLC grew its position in Realty Income by 7.1% in the 1st quarter. Morningstar Investment Management LLC now owns 70,777 shares of the real estate investment trust’s stock valued at $4,330,000 after acquiring an additional 4,717 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Trending Headlines about Realty Income

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

• Positive Sentiment: Analysts and market commentary continue to frame Realty Income as a reliable income stock, citing its long record of monthly dividends and steady payout growth. Realty Income vs SCHD ETF: Better buy for income investors?
• Positive Sentiment: Investor interest is also being supported by a bullish long-term thesis around Realty Income’s expansion into data centers, which could create a new growth engine for dividend increases over time. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Neutral Sentiment: Barclays reiterated a Hold rating on Realty Income, suggesting analysts still see the stock as fairly valued rather than an obvious bargain or sell candidate. Barclays Remains a Hold on Realty Income (O)

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on O. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research note on Wednesday, July 8th. Royal Bank Of Canada boosted their target price on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. UBS Group set a $67.00 price target on shares of Realty Income in a report on Thursday, June 18th. Wells Fargo & Company raised their price target on shares of Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Finally, Morgan Stanley set a $67.00 price objective on shares of Realty Income in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Realty Income currently has an average rating of “Hold” and an average target price of $67.11.

Realty Income Trading Up 1.3%

O opened at $65.59 on Friday. The stock’s fifty day moving average is $62.45 and its two-hundred day moving average is $62.70. The company has a market capitalization of $61.16 billion, a P/E ratio of 53.76, a PEG ratio of 5.12 and a beta of 0.72. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company posted $1.06 EPS. Realty Income’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. 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, August 14th. Stockholders of record on Friday, July 31st will be paid a dividend of $0.271 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 5.0%. Realty Income’s dividend payout ratio (DPR) is currently 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.