Patriot Financial Group Insurance Agency LLC Buys Shares of 15,420 Realty Income Corporation $O

Patriot Financial Group Insurance Agency LLC purchased a new stake in Realty Income Corporation (NYSE:O) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 15,420 shares of the real estate investment trust’s stock, valued at approximately $943,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. EFG International AG purchased a new stake in shares of Realty Income during the 4th quarter valued at approximately $26,000. Stance Capital LLC purchased a new position in Realty Income in the third quarter worth approximately $27,000. Evolution Wealth Management Inc. grew its position in 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 worth $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income during the fourth quarter worth $29,000. Finally, Ameriflex Group Inc. raised its position in Realty Income by 68.7% in the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a report on Monday, April 27th. Scotiabank dropped their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Royal Bank Of Canada boosted their price target 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. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, UBS Group set a $67.00 price objective on shares of Realty Income in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from 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: Analysts and bullish commentary highlighted Realty Income’s roughly 5.3% dividend yield and monthly payout schedule, which stand out versus the broader market and may continue to attract income investors.
• Neutral Sentiment: Realty Income priced a €600 million euro-denominated notes offering at 3.625% due 2032, a move that strengthens liquidity and funding flexibility for future investments. Article Title
• Neutral Sentiment: Coverage from multiple outlets revisited a bullish thesis on Realty Income (O), emphasizing its scale, defensive net-lease model, and income-generation profile. Article Title
• Neutral Sentiment: The company also reportedly bought a gas station/Wawa site in Goldsboro, showing continued property investment activity, though the transaction size appears too small to materially move the stock on its own.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value 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. This trade represents a 9.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Realty Income Stock Down 0.2%

Shares of NYSE:O opened at $63.00 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market capitalization of $58.75 billion, a PE ratio of 51.64, a price-to-earnings-growth ratio of 4.93 and a beta of 0.73. The firm’s 50-day moving average is $62.12 and its two-hundred day moving average is $61.79. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the prior year, the company earned $1.06 earnings per share. The business’s quarterly 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 predict that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.271 per share. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

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.