Principal Financial Group Inc. Sells 42,913 Shares of Realty Income Corporation $O

Principal Financial Group Inc. decreased its stake in shares of Realty Income Corporation (NYSE:O) by 2.0% during the third quarter, HoldingsChannel.com reports. The firm owned 2,125,962 shares of the real estate investment trust’s stock after selling 42,913 shares during the period. Principal Financial Group Inc.’s holdings in Realty Income were worth $129,237,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in O. Heartwood Wealth Advisors LLC purchased a new stake in shares of Realty Income in the third quarter worth about $29,000. Avion Wealth increased 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 worth $30,000 after acquiring an additional 309 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in Realty Income during the 2nd quarter worth approximately $31,000. Country Trust Bank lifted its stake in Realty Income by 806.5% in the 2nd quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 500 shares in the last quarter. Finally, Hilltop National Bank bought a new position in Realty Income in the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Down 1.0%

Shares of O stock opened at $60.54 on Tuesday. The business has a 50-day moving average price of $58.35 and a two-hundred day moving average price of $58.40. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $61.95. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.72. The firm has a market cap of $55.69 billion, a P/E ratio of 56.05, a price-to-earnings-growth ratio of 3.92 and a beta of 0.79.

Realty Income (NYSE:O) last announced its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.Realty Income’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the firm posted $1.05 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.4%. Realty Income’s dividend payout ratio (DPR) is 300.00%.

Key Realty Income News

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

• Positive Sentiment: Dividend durability supports investor confidence — Realty Income marked its 650th consecutive monthly dividend payment and the article argues the streak looks secure, reinforcing the company’s core appeal to income investors. Realty Income Has Made 650 Consecutive Monthly Payments and the Streak Looks Secure
• Positive Sentiment: Portfolio diversification and international expansion: coverage notes Realty Income’s first investment in Mexico and expected continued diversification, which could support growth and cashflow beyond U.S. retail exposure. I Nailed This Bold Prediction for Realty Income. Here are 2 More Things I Still See Ahead in 2026.
• Positive Sentiment: Analyst upgrade — Scotiabank recently upgraded the stock, giving a short-term boost to sentiment among institutional investors. Realty Income (NYSE:O) Upgraded at Scotiabank
• Neutral Sentiment: Consensus holds at “Hold” — an aggregation of brokerages shows an average “Hold” rating, indicating mixed expectations and limited near-term conviction from the analyst community. Realty Income Corporation (NYSE:O) Receives Average Recommendation of “Hold” from Brokerages
• Neutral Sentiment: Positive retail press but likely already priced in — multiple investment write-ups (Fool, 24/7 Wall St., MarketBeat lists) are promoting the stock’s yield and monthly payout; that helps sentiment but may have limited incremental upside if headlines are already reflected in the price. 4 REITs. 4 Monthly Dividend Programs. 4 Massive Yields of Up to 11.7%
• Negative Sentiment: Valuation and rate sensitivity driving the pullback — Realty Income trades at a high P/E and near its 1‑year high, making it vulnerable to profit-taking and sensitivity to interest-rate moves that pressure REIT multiples; that dynamic appears to be the main driver of today’s decline. Realty Income (O) stock page

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Mizuho decreased their price target on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Wall Street Zen lowered Realty Income from a “hold” rating to a “sell” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday, January 20th. Wells Fargo & Company boosted their price objective on Realty Income from $59.00 to $60.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, Morgan Stanley upped their price objective on shares of Realty Income from $62.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 24th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $63.21.

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.