Rakuten Investment Management Inc. Acquires New Shares in Realty Income Corporation $O

Rakuten Investment Management Inc. bought a new position in shares of Realty Income Corporation (NYSE:O) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 109,538 shares of the real estate investment trust’s stock, valued at approximately $6,659,000.

A number of other large investors have also recently made changes to their positions in the stock. Heartwood Wealth Advisors LLC bought a new stake in shares of Realty Income during the 3rd quarter valued at $29,000. Avion Wealth grew its holdings in Realty Income by 142.4% during the 2nd quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 309 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Realty Income during the second quarter valued at about $31,000. Country Trust Bank lifted its holdings in shares of Realty Income by 806.5% in the second quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 500 shares in the last quarter. Finally, Hilltop National Bank purchased a new stake in shares of Realty Income in the second quarter worth about $36,000. 70.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on O. Morgan Stanley boosted their price objective on shares of Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 24th. Wall Street Zen lowered shares of Realty Income from a “hold” rating to a “sell” rating in a research report on Sunday, January 18th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $61.00 price target on shares of Realty Income in a report on Thursday, December 18th. Wells Fargo & Company lifted their price objective on Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Finally, Mizuho decreased their target price on Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $62.71.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Monthly-dividend safety and portfolio strength: MarketBeat highlights Realty Income’s 5%+ yield, triple?net lease structure, 98.7% occupancy and strong rent recapture—traits that make it a bond-like income play and a YTD outperformer. (MarketBeat article)
• Positive Sentiment: Valuation and growth case: Seeking Alpha argues REITs were left behind in 2025 and that O’s ~14.4–14.8x P/AFFO, projected ~3% AFFO growth and 5%+ yield make it attractively priced for income investors. REITs Were Left Behind In 2025 – Why Realty Income’s Setup Now Looks Better
• Positive Sentiment: Diversification supports cash flow stability: Zacks notes Realty Income’s tenant, industry and geographic breadth as a stabilizer for dividends across cycles. Can Realty Income’s Broad Reach Shield It and Drive Superior Returns?
• Neutral Sentiment: Upcoming earnings date: Realty Income will report Q4 and FY2025 results after the NYSE close on Feb 24, 2026 and hold a 2:00 p.m. investor call—an event that could trigger intraday volatility or re-rate the stock. Realty Income Announces Fourth Quarter and Year End 2025 Earnings Release Date
• Neutral Sentiment: Mixed analyst/retail coverage: Retail outlets and newsletters (The Fool, 247WallSt) continue to debate O vs. peers and highlight its income appeal; these pieces support interest but typically move price only around specific catalyst news. Is 2026 the Year to Buy Realty Income?
• Negative Sentiment: Short-term selling pressure: Zacks reports the stock declined while broader market improved, reflecting profit-taking or rotation after a multi-session rally; elevated volume today suggests traders are rebalancing ahead of the Feb earnings release. Realty Income Corp. (O) Stock Declines While Market Improves

Realty Income Stock Down 1.5%

Shares of NYSE:O opened at $60.84 on Friday. The firm has a market capitalization of $55.97 billion, a PE ratio of 56.33, a price-to-earnings-growth ratio of 3.97 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.53 and a current ratio of 1.53. Realty Income Corporation has a 52-week low of $50.71 and a 52-week high of $61.95. The firm has a fifty day moving average of $57.80 and a 200 day moving average of $58.22.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.01. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue was up 10.5% compared to the same quarter last year. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, research analysts anticipate that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio is currently 300.00%.

About Realty Income

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.