147,702 Shares in Realty Income Corporation $O Bought by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management acquired 147,702 shares of Realty Income worth approximately $9.15 million, while institutional investors collectively own 70.81% of the REIT.
• Realty Income matched quarterly EPS expectations at $1.09 and reported $1.55 billion in revenue, up 9.7% year over year. Analysts expect roughly $4.43 in full-year EPS, with a consensus price target of $67.42 and a “Moderate Buy” rating.
• The company declared a monthly dividend of $0.271 per share, implying an annualized yield of about 5.2%. Shares opened at $62.61, below the analyst consensus target, while recent convertible-note financing has raised potential concerns about leverage and dilution.

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Realty Income Corporation (NYSE:O - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 147,702 shares of the real estate investment trust's stock, valued at approximately $9,152,000.

A number of other hedge funds have also recently bought and sold shares of O. EFG International AG bought a new position in shares of Realty Income during the 4th quarter worth about $26,000. Dunhill Financial LLC bought a new stake in shares of Realty Income in the second quarter valued at about $27,000. Evolution Wealth Management Inc. lifted its stake in shares of Realty Income by 257.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income during the fourth quarter worth about $29,000. Finally, Sankala Group LLC acquired a new stake in Realty Income during the fourth quarter worth about $32,000. 70.81% of the stock is owned by institutional investors.

Realty Income Price Performance

Shares of Realty Income stock opened at $62.61 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. The firm's 50-day simple moving average is $63.18 and its 200-day simple moving average is $63.17. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The firm has a market cap of $59.24 billion, a P/E ratio of 45.70, a price-to-earnings-growth ratio of 4.44 and a beta of 0.71.

Realty Income (NYSE:O - Get Free Report) last posted 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 firm 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%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts expect that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

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

Analyst Ratings Changes

Several research firms have commented on O. Mizuho cut their price target on Realty Income from $68.00 to $66.00 and set a "neutral" rating for the company in a report on Wednesday, May 13th. Freedom Capital raised Realty Income from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. Royal Bank Of Canada decreased their price objective on Realty Income from $71.00 to $70.00 and set an "outperform" rating on the stock in a report on Friday, August 7th. Wells Fargo & Company boosted their price objective on Realty Income from $64.00 to $65.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded Realty Income from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Realty Income currently has an average rating of "Moderate Buy" and a consensus target price of $67.42.

Realty Income News Roundup

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

• Positive Sentiment: Analysts at Yahoo Finance argue that Realty Income could be approximately 12% undervalued following its recent convertible-note activity. The company’s monthly dividend, supported by an indicated yield of roughly 5.2%, remains a key attraction for income-focused investors. Realty Income Could Be 12% Undervalued Following New Convertible Note Issues
• Positive Sentiment: Investment commentary continues to favor Realty Income as a dependable dividend stock because of its monthly payment schedule, relatively high yield, and recurring net-lease rental income. Other coverage also highlights its European expansion as a potential long-term growth engine. Why I Think the Best Dividend Stock Isn't a Tech Name: It's Realty Income
• Neutral Sentiment: Realty Income completed or announced offerings totaling approximately $1.625 billion of convertible senior notes due 2031, including notes carrying a 3.750% coupon. The financing could improve liquidity and support acquisitions, but its equity-linked structure may increase future share dilution and adds to the company’s financing obligations. Realty Income Adds $1.625 Billion of Convertible Notes Due 2031
• Neutral Sentiment: Articles continue to list Realty Income among monthly dividend payers and emphasize that investors may need roughly $19,000 to $20,000 invested to generate $1,000 in annual dividends at current yield levels. These reports reinforce income demand but do not materially change company fundamentals. 5 Monthly Dividend Payers to Own Heading Into September
• Negative Sentiment: The new debt has likely contributed to near-term caution because investors must assess additional leverage, interest costs, and possible dilution from conversion. Realty Income’s recent short-term performance has also been weak, increasing pressure on the stock despite its dividend appeal.

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.

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