Public Employees Retirement System of Ohio Sells 213,567 Shares of Realty Income Corporation $O

Public Employees Retirement System of Ohio cut its holdings in Realty Income Corporation (NYSE:O) by 13.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,337,540 shares of the real estate investment trust’s stock after selling 213,567 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Realty Income were worth $81,831,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in O. EFG International AG acquired a new position in Realty Income during the 4th quarter worth about $26,000. Evolution Wealth Management Inc. increased its position in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 360 shares in the last quarter. Quattro Advisors LLC bought a new position in shares of Realty Income in the fourth quarter worth about $29,000. Sankala Group LLC bought a new position in shares of Realty Income in the fourth quarter worth about $32,000. Finally, FNY Investment Advisers LLC lifted its position in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 560 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on O. Mizuho decreased their price target on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research report on Tuesday, June 30th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Huntington assumed coverage on Realty Income in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price objective on the stock. Finally, Barclays lowered their target price on Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.11.

Realty Income Stock Down 0.5%

Shares of NYSE:O opened at $64.71 on Friday. The company has a 50 day moving average price of $62.36 and a two-hundred day moving average price of $62.68. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $60.34 billion, a PE ratio of 53.04, a PEG ratio of 5.07 and a beta of 0.72. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the business posted $1.06 EPS. Realty Income’s revenue for the quarter was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Friday, July 31st. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Market commentary says Realty Income’s move into data centers could significantly boost dividend growth over the next decade by opening a new, higher-growth property segment. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Positive Sentiment: Several articles continue to emphasize Realty Income’s reputation as a dependable monthly dividend payer with a long history of uninterrupted distributions, supporting its appeal to income-focused investors. The Set It and Forget It Monthly Dividend Stocks Retirees Wish They’d Bought 20 Years Ago
• Positive Sentiment: A Cincinnati-area property purchase for $32 million suggests Realty Income is still actively deploying capital into income-producing real estate, which can support future cash flow. Publicly traded real estate firm buys Cincinnati-area property for $32M, nearly double last sale price
• Neutral Sentiment: Barclays kept a Hold rating on Realty Income, which does not signal a major near-term catalyst either way. Barclays Remains a Hold on Realty Income (O)
• Neutral Sentiment: Recent “trending stock” coverage indicates rising investor interest, but the articles mainly reiterate known facts rather than introducing a new fundamental driver. Realty Income Corporation (O) Is a Trending Stock: Facts to Know Before Betting on It

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.