Global Retirement Partners LLC Invests $3.05 Million in Realty Income Corporation $O

Global Retirement Partners LLC acquired a new stake in shares of Realty Income Corporation (NYSE:O) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 49,202 shares of the real estate investment trust’s stock, valued at approximately $3,049,000.

A number of other large investors also recently made changes to their positions in O. Brighton Jones LLC grew its holdings in shares of Realty Income by 11.2% in the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after acquiring an additional 615 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of Realty Income during the fourth quarter valued at approximately $571,000. Empowered Funds LLC raised its stake in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP raised its position in Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares during the period. Finally, Intech Investment Management LLC lifted its stake in Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on O. Huntington initiated coverage on shares of Realty Income in a report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price objective on the stock. Morgan Stanley set a $67.00 target price on shares of Realty Income in a report on Monday, April 27th. Mizuho dropped their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Evercore set a $68.00 price target on Realty Income in a report on Friday, August 7th. Finally, Royal Bank Of Canada cut their price target on Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $67.42.

Realty Income Trading Up 0.0%

Shares of O opened at $62.75 on Monday. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The stock has a market cap of $59.38 billion, a PE ratio of 45.80, a P/E/G ratio of 4.46 and a beta of 0.71. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The business’s 50-day moving average price is $63.07 and its 200-day moving average price is $63.10.

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

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were paid a $0.271 dividend. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a yield of 5.2%. 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.