23,657 Shares in Realty Income Corporation $O Bought by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in shares of Realty Income Corporation (NYSE:O - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 23,657 shares of the real estate investment trust's stock, valued at approximately $1,466,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Realty Income during the 2nd quarter valued at about $6,997,219,000. Norges Bank bought a new stake in shares of Realty Income in the 4th quarter valued at approximately $558,775,000. Bank of New York Mellon Corp acquired a new position in Realty Income in the second quarter worth approximately $340,180,000. Deutsche Bank AG acquired a new position in Realty Income in the second quarter worth approximately $206,299,000. Finally, Morgan Stanley raised 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 valued at $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on O shares. Stifel Nicolaus set a $70.75 target price on shares of Realty Income in a research report on Tuesday, June 30th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a report on Monday, April 27th. Royal Bank Of Canada reduced their price objective on shares of Realty Income from $71.00 to $70.00 and set an "outperform" rating for the company in a research note on Friday, August 7th. Freedom Capital upgraded shares of Realty Income from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. Finally, Evercore set a $68.00 target price on shares of Realty Income in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Realty Income currently has a consensus rating of "Moderate Buy" and an average price target of $67.42.

More Realty Income News

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 Trading Up 0.0%

Shares of O stock opened at $62.61 on Monday. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. 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 is $63.18 and its two-hundred day moving average is $63.17. The company has a market cap of $59.24 billion, a PE 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 issued its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting analysts' consensus estimates of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The business had revenue of $1.55 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same period in the previous year, the company earned $1.05 earnings per share. Realty Income's revenue for the quarter was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities analysts predict that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Dividend Announcement

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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