Pacer Advisors Inc. Trims Holdings in Realty Income Corporation $O

Pacer Advisors Inc. lowered its holdings in shares of Realty Income Corporation (NYSE:O) by 30.2% in the first quarter, Holdings Channel reports. The firm owned 64,148 shares of the real estate investment trust’s stock after selling 27,697 shares during the quarter. Pacer Advisors Inc.’s holdings in Realty Income were worth $3,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EFG International AG purchased a new stake in shares of Realty Income in the fourth quarter valued at about $26,000. Evolution Wealth Management Inc. grew its holdings in shares of Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 360 shares during the last quarter. Quattro Advisors LLC acquired a new position in Realty Income in the 4th quarter valued at about $29,000. Sankala Group LLC acquired a new position in Realty Income in the 4th quarter valued at about $32,000. Finally, Canton Hathaway LLC acquired a new position in Realty Income in the 1st quarter valued at about $40,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Realty Income raised its 2026 adjusted funds from operations (AFFO) outlook and increased its investment-volume target to approximately $10 billion. Management cited strong leasing activity, private-capital opportunities, recycling investments and planned hyperscale data-center ventures while maintaining disciplined underwriting. Realty Income Q2 Earnings Call Raises 2026 Growth Targets
• Positive Sentiment: Second-quarter revenue reached $1.55 billion, well above the roughly $1.40 billion analyst estimate and up year over year. Stable occupancy, same-store rental growth, lower costs and active capital deployment supported the results. Realty Income Q2 revenue beats amid stable occupancy, lower costs, same-store rental growth
• Positive Sentiment: Quarterly FFO/AFFO of $1.09 per share matched expectations and improved from $1.05 a year earlier, reinforcing support for Realty Income’s monthly dividend, which yields about 5.2%. Realty Income Raised Its 2026 AFFO Guidance
• Positive Sentiment: Fitch assigned Realty Income an A credit rating, making it the first net-lease REIT and one of only a few U.S. REITs with an A-level rating. The upgrade recognizes its diversified portfolio, financial strength and access to capital, potentially improving financing flexibility. Realty Income Q2 2026
• Neutral Sentiment: Management’s 2026 EPS guidance of $4.44-$4.45 is broadly in line with the $4.45 consensus, limiting the immediate earnings-surprise effect.
• Negative Sentiment: Morgan Stanley maintained a Hold rating with a $67 price target, citing a balanced risk-reward profile despite the AFFO guidance increase. Higher borrowing costs and Realty Income’s elevated valuation remain potential constraints on the shares. Balanced Risk/Reward Keeps Realty Income at Hold

Analysts Set New Price Targets

A number of research firms have weighed in on O. Jefferies Financial Group began coverage on Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price objective for the company. Royal Bank Of Canada boosted 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. Stifel Nicolaus set a $70.75 price target on Realty Income in a research note on Tuesday, June 30th. UBS Group set a $67.00 price target on Realty Income in a report on Thursday, June 18th. Finally, Wells Fargo & Company lifted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 15th. One investment 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 company. According to MarketBeat.com, Realty Income has an average rating of “Hold” and an average price target of $67.11.

Realty Income Price Performance

Shares of NYSE:O opened at $62.46 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The company has a market cap of $58.25 billion, a P/E ratio of 45.59, a PEG ratio of 4.89 and a beta of 0.71. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The company has a 50-day moving average price of $62.81 and a 200 day moving average price of $63.05.

Realty Income (NYSE:O) last announced its quarterly earnings data 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 3.15% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the company earned $1.06 EPS. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Research analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Friday, July 31st. 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.