42,259 Shares in Realty Income Corporation $O Acquired by Simplicity Wealth LLC

Key Points

• Simplicity Wealth LLC acquired 42,259 shares of Realty Income in the second quarter, valued at approximately $2.62 million. Institutional investors and hedge funds collectively own 70.81% of the REIT.
• Realty Income reported quarterly revenue of $1.55 billion, up 9.7% year over year, while adjusted earnings of $1.09 per share matched analyst expectations. The company issued fiscal 2026 EPS guidance of $4.44–$4.45.
• The REIT paid a monthly dividend of $0.271 per share, representing a 5.2% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $67.42, compared with a recent share price of $62.75.

Simplicity Wealth LLC bought a new position in Realty Income Corporation (NYSE:O - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 42,259 shares of the real estate investment trust's stock, valued at approximately $2,618,000.

Several other institutional investors also recently modified their holdings of the business. N.E.W. Advisory Services LLC acquired a new position in Realty Income in the second quarter valued at about $1,524,000. HBK Sorce Advisory LLC bought a new position in Realty Income in the second quarter valued at approximately $849,000. Tulsa Wealth Advisors INC bought a new position in Realty Income in the second quarter valued at approximately $4,214,000. OMC Financial Services LTD acquired a new position in shares of Realty Income in the second quarter valued at approximately $2,589,000. Finally, Flputnam Investment Management Co. bought a new stake in Realty Income in the 2nd quarter valued at $412,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Stock Performance

Shares of O stock opened at $62.75 on Monday. Realty Income Corporation has a one year low of $55.86 and a one year 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 business's 50 day simple moving average is $63.07 and its 200 day simple moving average is $63.10. The stock has a market capitalization of $59.38 billion, a PE ratio of 45.80, a PEG ratio of 4.46 and a beta of 0.71.

Realty Income (NYSE:O - Get Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the business 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. As a group, research analysts forecast that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were given 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 was Friday, July 31st. Realty Income's dividend payout ratio is 237.23%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on O. Wells Fargo & Company lifted their price target on Realty Income from $64.00 to $65.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 15th. Freedom Capital raised shares of Realty Income from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 11th. Robert W. Baird lifted their price objective 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. Jefferies Financial Group started coverage on Realty Income in a report on Monday, June 1st. They set a "buy" rating and a $69.00 price target for the company. Finally, Barclays dropped their price target on shares of Realty Income from $68.00 to $67.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 22nd. One research 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $67.42.

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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