Realty Income Corporation $O Stock Position Raised by Empowered Funds LLC

Empowered Funds LLC increased its holdings in shares of Realty Income Corporation (NYSE:O) by 89.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,018 shares of the real estate investment trust’s stock after acquiring an additional 27,417 shares during the quarter. Empowered Funds LLC’s holdings in Realty Income were worth $3,595,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Realty Income in the second quarter valued at approximately $6,997,219,000. Legal & General Group Plc acquired a new stake in shares of Realty Income during the 2nd quarter worth approximately $643,334,000. Norges Bank acquired a new stake in shares of Realty Income during the 4th quarter worth approximately $558,775,000. Bank of New York Mellon Corp bought a new stake in shares of Realty Income in the 2nd quarter worth approximately $340,180,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Realty Income in the 2nd quarter worth approximately $319,222,000. Institutional investors own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

O has been the subject of a number of recent research reports. Wells Fargo & Company lowered their price objective on Realty Income from $65.00 to $64.00 and set an “equal weight” rating for the company in a research note on Tuesday. Jefferies Financial Group initiated coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 target price on the stock. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a report on Tuesday, June 30th. Royal Bank Of Canada lowered their price target on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. Finally, Mizuho dropped their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $67.36.

Key Realty Income News

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

• Positive Sentiment: Realty Income’s reputation as a long-term income holding remains a key support. Commentary highlighted that the REIT has increased its dividend every year since its 1994 IPO, reinforcing its appeal to investors seeking recurring monthly cash flow and long-term dividend growth. Realty Income Has Raised Its Dividend Every Year Since Its 1994 IPO
• Positive Sentiment: Realty Income was included among REITs viewed as having dividends capable of weathering difficult markets, a favorable signal for shareholders concerned about distribution stability during economic or interest-rate volatility. 4 Legendary REITs With Dividends Built to Weather Every Market Storm
• Positive Sentiment: A valuation analysis argued that Realty Income may be trading below its estimated fair value, potentially offering upside if the company’s stable income stream and recent operating performance continue to support investor confidence. Realty Income Stock Looks Cheap Relative to Fair Value
• Neutral Sentiment: The company amended term-loan agreements with Wells Fargo and Toronto-Dominion covering up to $1.85 billion. Aligning the facilities with a recently closed credit agreement could provide funding flexibility for acquisitions and growth, although it also keeps leverage and borrowing costs in focus. Realty Income Amends Term Loans Covering Up to $1.85 Billion
• Negative Sentiment: Investors continue to face valuation and rate-related concerns: Realty Income’s earnings multiple is elevated, and REITs can be pressured when bond yields rise. The company’s August 31 ex-dividend date also means new buyers will not receive the $0.27-per-share payment scheduled for September 15. Realty Income Corp’s Dividend Analysis

Realty Income Stock Up 0.0%

Shares of Realty Income stock opened at $61.30 on Wednesday. The business’s fifty day moving average price is $63.32 and its two-hundred day moving average price is $63.12. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company has a market capitalization of $58.00 billion, a P/E ratio of 44.74, a PEG ratio of 4.35 and a beta of 0.71. Realty Income Corporation has a 1-year low of $55.86 and a 1-year high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.09. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts forecast that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, August 31st. Realty Income’s dividend payout ratio is currently 237.23%.

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.