Dupree Financial Group LLC cut its stake in shares of Realty Income Corporation (NYSE:O – Free Report) by 31.4% during the first quarter, Holdings Channel reports. The firm owned 85,945 shares of the real estate investment trust’s stock after selling 39,318 shares during the quarter. Realty Income makes up approximately 2.1% of Dupree Financial Group LLC’s portfolio, making the stock its 17th largest holding. Dupree Financial Group LLC’s holdings in Realty Income were worth $5,258,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. EFG International AG acquired a new position in shares of Realty Income in the 4th quarter valued at $26,000. Stance Capital LLC acquired a new stake in Realty Income during the 3rd quarter worth about $27,000. Evolution Wealth Management Inc. lifted its stake in 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 valued at $28,000 after buying an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in Realty Income during the fourth quarter valued at about $29,000. Finally, Ameriflex Group Inc. boosted its holdings in shares of Realty Income by 68.7% in the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 215 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on O. Royal Bank Of Canada lifted their target price on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Scotiabank reduced 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. Loop Capital set a $69.00 price objective on shares of Realty Income in a research note on Monday, March 2nd. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $66.75.
Insider Activity at Realty Income
In other news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the transaction, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.10% of the stock is currently owned by corporate insiders.
Realty Income Price Performance
NYSE O opened at $63.17 on Monday. 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 $58.90 billion, a price-to-earnings ratio of 51.78, a price-to-earnings-growth ratio of 4.93 and a beta of 0.73. The company has a 50 day simple moving average of $62.15 and a 200-day simple moving average of $61.75. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93.
Realty Income (NYSE:O – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities research analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.
Realty Income Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.271 per share. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is presently 266.39%.
Key Realty Income News
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Analysts and commentators highlighted Realty Income’s raised 2026 investment guidance, 7% year-over-year AFFO growth, and nearly 99% lease rate, underscoring healthy operating momentum and dividend support. How Raised 2026 Investment Guidance and AFFO Growth Could Shape Realty Income (O) Investors
- Positive Sentiment: Multiple articles argued that Realty Income remains a strong dividend stock for income investors, citing its resilient business model and above-average yield. 3 Reasons Realty Income Stock Belongs in Every Dividend Investor’s Portfolio
- Positive Sentiment: Another article explained how many shares of Realty Income would be needed to generate $500 in annual dividends, reinforcing interest in the stock as a dependable income generator. Here’s How Many Shares of Realty Income Stock You’d Need to Make $500 in Yearly Dividends
- Neutral Sentiment: Realty Income was also featured in a local real estate article about an $18.9 million property transaction in Fairlawn, Ohio, but the investment impact appears limited without more details on broader portfolio implications. Realty Income Drops $18.9M On Fairlawn Lowe’s Along Akron Retail Corridor
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.
Further Reading
- Five stocks we like better than Realty Income
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:O – Free Report).
Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter.
