NewEdge Wealth LLC Buys 8,178 Shares of Realty Income Corporation $O

NewEdge Wealth LLC increased its stake in shares of Realty Income Corporation (NYSE:O) by 44.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,449 shares of the real estate investment trust’s stock after acquiring an additional 8,178 shares during the quarter. NewEdge Wealth LLC’s holdings in Realty Income were worth $1,491,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. increased its holdings in Realty Income by 4.0% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 107,458 shares of the real estate investment trust’s stock valued at $6,057,000 after acquiring an additional 4,142 shares during the last quarter. Manning & Napier Advisors LLC lifted its position in Realty Income by 49.4% during the fourth quarter. Manning & Napier Advisors LLC now owns 181,540 shares of the real estate investment trust’s stock valued at $10,233,000 after purchasing an additional 60,000 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Realty Income by 43.2% in the 4th quarter. Crossmark Global Holdings Inc. now owns 49,841 shares of the real estate investment trust’s stock worth $2,810,000 after buying an additional 15,037 shares in the last quarter. Ethic Inc. raised its position in shares of Realty Income by 2.9% during the 4th quarter. Ethic Inc. now owns 99,516 shares of the real estate investment trust’s stock valued at $5,610,000 after buying an additional 2,775 shares in the last quarter. Finally, Ballentine Partners LLC lifted its holdings in shares of Realty Income by 13.4% in the 4th quarter. Ballentine Partners LLC now owns 18,872 shares of the real estate investment trust’s stock valued at $1,064,000 after acquiring an additional 2,230 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income News Summary

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

• Positive Sentiment: Realty Income lifted its 2026 forecast after a strong first quarter and continued capital expansion, which signals management sees healthier earnings and growth ahead. Realty Income lifts 2026 forecast after strong Q1 and capital expansion
• Positive Sentiment: Scotiabank raised its price target on Realty Income and reiterated a bullish outlook, suggesting analysts see more upside after the recent earnings report.
• Positive Sentiment: Freedom Capital upgraded the stock to strong-buy, and another note on Seeking Alpha also highlighted attractive risk/reward after Q1 earnings, adding to the positive post-earnings sentiment. Realty Income raised to Buy on attractive risk-reward after Q1 earnings
• Neutral Sentiment: Analysts overall still rate Realty Income around Hold, indicating the market sees the stock as fairly valued rather than a clear bargain or a clear overvalued name. Realty Income Corporation (NYSE:O) Receives Average Rating of “Hold” from Analysts
• Neutral Sentiment: The company’s Q1 operating results were solid, with net income and adjusted funds from operations improving, but this appears to be largely priced in after the earnings release. Realty Income (O) Announces Operating Results for 3 Months ended March 31, 2026
• Negative Sentiment: Mizuho cut its price target from $68 to $66 and maintained a neutral rating, which likely limited enthusiasm and may be pressuring the shares.

Realty Income Stock Down 1.6%

Shares of NYSE:O opened at $61.54 on Thursday. The firm has a market capitalization of $57.38 billion, a PE ratio of 50.44, a price-to-earnings-growth ratio of 4.91 and a beta of 0.75. The business has a 50 day simple moving average of $63.18 and a two-hundred day simple moving average of $60.84. Realty Income Corporation has a 1 year low of $54.38 and a 1 year high of $67.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 2.80% and a net margin of 18.94%.The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities analysts predict that Realty Income Corporation will post 4.42 EPS for the current year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a $0.2705 dividend. The ex-dividend date is Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. Realty Income’s dividend payout ratio is presently 265.57%.

Insider Buying and Selling

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This trade represents a 9.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on O. Mizuho dropped their price target on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday. Morgan Stanley set a $67.00 target price on Realty Income in a research report on Monday, April 27th. Cantor Fitzgerald increased their price target on Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research note on Tuesday, January 20th. Finally, Scotiabank reiterated an “outperform” rating on shares of Realty Income in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.35.

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.