Realty Income Corporation $O Shares Bought by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC grew its position in shares of Realty Income Corporation (NYSE:O) by 38.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,808 shares of the real estate investment trust’s stock after acquiring an additional 8,591 shares during the quarter. Kesler Norman & Wride LLC’s holdings in Realty Income were worth $1,737,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in O. Brighton Jones LLC increased its stake in Realty Income by 11.2% during the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after acquiring an additional 615 shares during the last quarter. Bison Wealth LLC acquired a new stake in shares of Realty Income in the fourth quarter valued at about $571,000. Empowered Funds LLC grew 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 valued at $1,041,000 after buying an additional 1,330 shares in the last quarter. Woodline Partners LP grew its stake in shares of Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after buying an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after buying an additional 3,290 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of NYSE O opened at $59.87 on Wednesday. Realty Income Corporation has a fifty-two week low of $55.52 and a fifty-two week high of $67.93. The business has a 50 day moving average price of $62.42 and a two-hundred day moving average price of $61.21. 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 firm has a market cap of $55.83 billion, a PE ratio of 49.08, a price-to-earnings-growth ratio of 4.65 and a beta of 0.72.

Realty Income (NYSE:O) last issued 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 2.80% and a net margin of 18.94%.The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm earned $1.06 EPS. Realty Income’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. Sell-side analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Realty Income News Roundup

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

• Positive Sentiment: Jefferies upgraded Realty Income to strong-buy and set a $69 price target, signaling confidence in further upside for the REIT. Article: Street Insider
• Positive Sentiment: Multiple articles highlighted Realty Income’s monthly dividend and “set-it-and-forget-it” income profile, reinforcing its appeal to income-focused investors. Article: 2 Stocks to Buy Now for a Lifetime of Passive Income — Starting Immediately
• Positive Sentiment: Coverage framed Realty Income as a strong fit for retirement and tax-advantaged accounts like a Roth IRA, underscoring demand for its steady yield and income reliability. Article: Realty Income in a Roth IRA: The Smartest Way to Own This Monthly Dividend Machine
• Neutral Sentiment: Recent commentary also discussed Realty Income’s valuation after a pullback, suggesting the stock may be balancing steady income appeal against mixed short-term price momentum. Article: Assessing Realty Income (O) Valuation After Recent Share Price Pullback And Mixed Undervaluation Signals
• Neutral Sentiment: Search interest and repeated articles about the stock’s dividend profile reflect ongoing investor attention, but do not add a clear new catalyst on their own. Article: Investors Heavily Search Realty Income Corporation (O): Here is What You Need to Know

Insiders Place Their Bets

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 stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider owned 67,641 shares in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on O. Mizuho lowered their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Jefferies Financial Group began coverage on Realty Income in a research note on Monday. They issued a “buy” rating and a $69.00 target price for the company. Loop Capital set a $69.00 target price on Realty Income in a research note on Monday, March 2nd. Finally, Royal Bank Of Canada increased their target price on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $67.46.

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.