Pure Financial Advisors LLC Increases Stock Holdings in Realty Income Corporation $O

Pure Financial Advisors LLC lifted its stake in shares of Realty Income Corporation (NYSE:O) by 321.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,758 shares of the real estate investment trust’s stock after purchasing an additional 26,516 shares during the quarter. Pure Financial Advisors LLC’s holdings in Realty Income were worth $2,154,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of O. BlackRock Inc. purchased a new position in Realty Income during the 2nd quarter worth $6,997,219,000. State Street Corp lifted its position in Realty Income by 0.8% in the fourth quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after purchasing an additional 531,095 shares during the period. Geode Capital Management LLC lifted its position in Realty Income by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after purchasing an additional 793,100 shares during the period. Bank of America Corp DE increased its position in Realty Income by 10.3% during the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock worth $1,184,551,000 after purchasing an additional 1,785,859 shares during the period. Finally, Morgan Stanley increased its position in Realty Income by 21.6% during the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after purchasing an additional 3,252,091 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

More Realty Income News

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

• Positive Sentiment: Realty Income amended an existing $500 million term loan, streamlining its debt structure and increasing financing flexibility. The move may support liquidity and future investment capacity. Realty Income Streamlines Term Loans to Boost Flexibility
• Positive Sentiment: Coverage highlights Realty Income’s efforts to diversify funding and expand institutional commitments, fee income and fee-bearing assets. This capital-light platform could provide an additional long-term growth engine beyond property acquisitions. Realty Income Diversifies Funding: Will This Boost Long-Term Growth?
• Positive Sentiment: Investor-focused articles continue to emphasize Realty Income’s monthly dividend and roughly 5% yield, reinforcing its appeal to income-oriented investors seeking regular cash flow. Realty Income Pays a Monthly Dividend
• Neutral Sentiment: Comparisons with Regency Centers present Realty Income as the more diversified REIT, while also noting differences in internal growth, development exposure and valuation. The analysis gives investors context rather than a clear new catalyst for O. Realty Income vs. Regency Centers
• Negative Sentiment: Commentary characterizes Realty Income primarily as a reliable 5%-yield investment while investors wait for potential artificial-intelligence-related benefits to develop. That framing suggests limited near-term growth excitement and leaves the stock sensitive to bond yields and interest-rate expectations. Realty Income: Stay for the 5% Yield, Wait for AI Benefits

Analysts Set New Price Targets

O has been the subject of several recent analyst reports. Stifel Nicolaus set a $70.75 price target on Realty Income in a report on Tuesday, June 30th. Jefferies Financial Group initiated coverage on shares of Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Evercore set a $68.00 price target on shares of Realty Income in a report on Friday, August 7th. Robert W. Baird upped their target price on shares of Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. Finally, Royal Bank Of Canada dropped their target price on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.42.

Realty Income Stock Down 0.9%

Realty Income stock opened at $62.29 on Thursday. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The firm has a market capitalization of $58.94 billion, a price-to-earnings ratio of 45.47, a price-to-earnings-growth ratio of 4.46 and a beta of 0.71. The stock’s fifty day moving average is $63.25 and its two-hundred day moving average is $63.18. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.09. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Analysts predict that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, August 31st. Realty Income’s dividend payout ratio (DPR) is 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.