Roffman Miller Associates Inc. PA Boosts Stock Position in Realty Income Corporation $O

Roffman Miller Associates Inc. PA lifted its stake in Realty Income Corporation (NYSE:O) by 11.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 106,343 shares of the real estate investment trust’s stock after purchasing an additional 10,514 shares during the period. Roffman Miller Associates Inc. PA’s holdings in Realty Income were worth $6,589,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of Realty Income during the 2nd quarter worth $6,997,219,000. State Street Corp grew its holdings in shares of 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 grew its holdings in shares of 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 second 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 last quarter. Finally, Morgan Stanley increased its position in Realty Income by 21.6% during the fourth 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 last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

More Realty Income News

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

• Positive Sentiment: Falling bond yields could improve the appeal of Realty Income’s dividend yield relative to fixed-income alternatives. The company’s diversified net-lease portfolio and monthly distributions make it a potential beneficiary of renewed REIT demand. Could Falling Yields Make REIT Stocks Worth a Second Look?
• Positive Sentiment: Realty Income’s rising adjusted funds from operations, high occupancy and expansion into data centers are cited as support for continued dividend durability, even though payout growth is measured. Realty Income’s Dividend Growth Stays Durable: Should You Buy or Hold?
• Positive Sentiment: Several income-focused articles continue to present Realty Income as a dependable monthly dividend payer and a high-quality REIT for long-term investors, potentially supporting demand from retirees and yield-oriented shareholders. Realty Income: The Best REIT To Own
• Positive Sentiment: Options-writing strategies may offer investors a way to enhance income from Realty Income shares, although this is an investment approach rather than a change to the company’s fundamentals. Realty Income: Long-Term Income Name ‘Enhanced’ Via Options Writing
• Neutral Sentiment: Realty Income’s ordinary-income distributions can create a relatively high tax burden in taxable accounts, making the stock potentially more attractive in tax-advantaged accounts such as Roth IRAs. These 5 Dividend Stocks Lose the Most to Taxes Outside a Roth
• Negative Sentiment: Critics argue that Realty Income’s acquisitions and broader business expansion have not accelerated growth enough, while Lamar Advertising is viewed as having stronger acquisition execution. Lamar’s Acquisition Prowess Outshines Realty Income
• Negative Sentiment: Other commentary suggests investors may find better five-year total-return potential in VICI Properties, increasing competitive pressure on Realty Income among high-yield REITs. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income Over the Next 5 Years

Analysts Set New Price Targets

O has been the topic of several recent analyst reports. Scotiabank decreased their target price on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. UBS Group set a $67.00 price target on shares of Realty Income in a report on Thursday, June 18th. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a research report on Tuesday, June 30th. Jefferies Financial Group initiated coverage on Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 price objective on the stock. Finally, Evercore set a $68.00 price objective on Realty Income in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $67.42.

Realty Income Trading Up 0.4%

NYSE O opened at $62.03 on Friday. The firm’s 50-day moving average is $63.31 and its two-hundred day moving average is $63.16. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The stock has a market capitalization of $58.69 billion, a P/E ratio of 45.28, a PEG ratio of 4.39 and a beta of 0.71.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. 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, sell-side analysts anticipate that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Monday, August 31st. Realty Income’s dividend payout ratio (DPR) is 237.23%.

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.