OLD National Bancorp IN Raises Stock Position in Realty Income Corporation $O

OLD National Bancorp IN lifted its stake in shares of Realty Income Corporation (NYSE:O) by 117.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 121,073 shares of the real estate investment trust’s stock after acquiring an additional 65,289 shares during the quarter. OLD National Bancorp IN’s holdings in Realty Income were worth $6,825,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of O. Vanguard Group Inc. raised its holdings in shares of Realty Income by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock valued at $9,102,107,000 after purchasing an additional 3,594,127 shares in the last quarter. State Street Corp raised its holdings in shares of Realty Income by 2.1% in the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after purchasing an additional 1,295,936 shares in the last quarter. Barclays PLC raised its holdings in shares of Realty Income by 52.7% in the 3rd quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock valued at $166,672,000 after purchasing an additional 946,815 shares in the last quarter. Aew Capital Management L P raised its holdings in shares of Realty Income by 44.5% in the 3rd quarter. Aew Capital Management L P now owns 2,139,078 shares of the real estate investment trust’s stock valued at $130,035,000 after purchasing an additional 658,910 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Realty Income by 5.8% in the 2nd quarter. Raymond James Financial Inc. now owns 12,011,841 shares of the real estate investment trust’s stock valued at $692,002,000 after purchasing an additional 654,958 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Barclays raised its price target on O to $68 (from $65) while keeping an Equal Weight rating, citing a “Goldilocks” backdrop for REITs — a modest analyst upgrade that supports near‑term upside expectations. Barclays Raises Realty Income (O) PT to $68, Sees “Goldilocks” Backdrop for REITs
• Positive Sentiment: Realty Income struck a $1bn capital partnership with Apollo to accelerate European net‑lease acquisitions, which de-risks capital needs, funds growth without pressuring the balance sheet and increases geographic rent diversification. Realty Income’s Apollo Backing Shifts Growth Toward European Net Lease Deals
• Neutral Sentiment: Retail investor enthusiasm and Realty Income’s long monthly‑dividend track record continue to drive buying interest; however, analysts remain lukewarm, leaving professional conviction mixed. That split can boost trading volatility even as fundamentals stay steady. Wall Street Is Lukewarm on Realty Income While Retail Piles In. What Do Analysts Know?
• Neutral Sentiment: A comparative piece highlights that industrial‑focused STAG Industrial is outpacing Realty Income on rent growth and returns, underscoring sectoral differences (industrial vs. diversified net‑lease) that may favor industrial names over diversified landlords in the current cycle. This helps explain relative performance gaps rather than an absolute sell signal for O. Realty Income vs. Stag Industrial: One Monthly Dividend REIT Is Leaving the Other in the Dust
• Negative Sentiment: A bearish deep‑dive flagged fresh reasons to avoid O, raising concerns about valuation and growth prospects that could weigh on sentiment among value‑oriented investors. Realty Income: 3 New Reasons This Is Still A Hard Pass
• Negative Sentiment: Market coverage noted a recent intraday pullback (reported close below recent highs), reflecting short‑term profit‑taking and broader market movement rather than a clear change in fundamentals. That prior weakness helps explain mixed headlines and increased volatility. Realty Income Corp. (O) Stock Sinks As Market Gains: Here’s Why

Insider Transactions at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was 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 of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Cantor Fitzgerald boosted their price target on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, February 27th. UBS Group boosted their price target on shares of Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a report on Monday, March 9th. Royal Bank Of Canada boosted their price target on shares of Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Stifel Nicolaus boosted their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday, February 25th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Realty Income presently has a consensus rating of “Hold” and an average price target of $66.61.

Realty Income Stock Up 1.2%

Shares of Realty Income stock opened at $64.10 on Friday. The firm’s 50 day moving average price is $63.97 and its 200-day moving average price is $60.54. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 52-week low of $54.38 and a 52-week high of $67.93. The company has a market cap of $59.77 billion, a P/E ratio of 54.79, a PEG ratio of 4.29 and a beta of 0.79.

Realty Income (NYSE:O) last issued its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, sell-side analysts predict that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be given a dividend of $0.2705 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Thursday, April 30th. Realty Income’s dividend payout ratio is currently 277.78%.

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.