Corient Private Wealth LP Raises Holdings in Realty Income Corporation $O

Key Points

• Corient Private Wealth increased its Realty Income stake by 23.8% in the second quarter, bringing its holdings to 161,377 shares valued at approximately $10 million. Institutional investors collectively own 70.81% of the REIT.
• Realty Income reported quarterly EPS of $1.09, in line with estimates, while revenue rose 9.7% year over year to $1.55 billion. Shares opened at $57.22, near the lower end of their 52-week range.
• The company raised its monthly dividend from $0.27 to $0.2715 per share, representing an annualized yield of about 5.7%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $67.23.

Corient Private Wealth LP lifted its position in shares of Realty Income Corporation (NYSE:O - Free Report) by 23.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,377 shares of the real estate investment trust's stock after buying an additional 30,994 shares during the quarter. Corient Private Wealth LP's holdings in Realty Income were worth $9,999,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in O. BlackRock Inc. bought a new position in Realty Income during the 2nd quarter worth about $6,997,219,000. Legal & General Group Plc bought a new stake in shares of Realty Income in the 2nd quarter valued at about $643,334,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Realty Income by 22,051.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,354,693 shares of the real estate investment trust's stock valued at $641,577,000 after purchasing an additional 10,307,948 shares in the last quarter. Norges Bank purchased a new stake in shares of Realty Income in the 4th quarter worth approximately $558,775,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Realty Income during the second quarter valued at approximately $340,180,000. Hedge funds and other institutional investors own 70.81% of the company's stock.

Realty Income Price Performance

Shares of O opened at $57.22 on Thursday. The company has a market cap of $54.14 billion, a price-to-earnings ratio of 41.77, a price-to-earnings-growth ratio of 4.17 and a beta of 0.71. Realty Income Corporation has a twelve month low of $55.86 and a twelve 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 company has a 50 day moving average of $62.70 and a two-hundred day moving average of $62.67.

Realty Income (NYSE:O - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The business's quarterly revenue 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, analysts predict that Realty Income Corporation will post 4.42 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.2715 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a c) annualized dividend and a yield of 5.7%. This is an increase from Realty Income's previous monthly dividend of $0.27. Realty Income's dividend payout ratio is currently 237.23%.

Analyst Upgrades and Downgrades

O has been the subject of a number of recent research reports. Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research note on Tuesday, June 30th. Robert W. Baird lifted their price target on Realty Income from $64.00 to $65.00 and gave the company a "neutral" rating in a report on Monday, July 6th. Barclays reduced their price target on Realty Income from $67.00 to $65.00 and set an "equal weight" rating for the company in a research report on Friday, September 4th. Royal Bank Of Canada decreased their price objective on Realty Income from $71.00 to $70.00 and set an "outperform" rating for the company in a research note on Friday, August 7th. Finally, UBS Group set a $67.00 price objective on Realty Income in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $67.23.

Trending Headlines about Realty Income

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

• Positive Sentiment: Realty Income and KKR formed a €528 million European net-lease joint venture spanning 54 properties across four countries. The arrangement provides long-term private capital for acquisitions while allowing Realty Income to retain majority ownership and expand its European portfolio. Realty Income and KKR Form €528M European JV
• Positive Sentiment: The KKR partnership supports Realty Income’s expanded $10 billion 2026 investment plan and follows earlier ventures with GIC and Apollo. Access to outside equity could help fund acquisitions while limiting the need for additional balance-sheet leverage. Realty Income Teams Up With KKR
• Positive Sentiment: Commentary continues to highlight Realty Income’s recurring cash flows, high occupancy and monthly dividend, making the stock appealing to income-focused investors despite difficult market conditions. Brokerages collectively assign the company a “Moderate Buy” rating. Realty Income Consensus Rating
• Neutral Sentiment: Analysts and investor commentary are debating whether Realty Income’s roughly 5.5% yield and monthly distributions compensate for potentially lower long-term total returns than faster-growing dividend companies such as Johnson & Johnson. This is a portfolio-allocation consideration rather than a change to Realty Income’s operations. Monthly Paydays vs. Compound Growth
• Negative Sentiment: The stock’s decline toward its 52-week low reflects continued pressure on rate-sensitive REITs. Higher interest rates can raise financing costs, reduce the relative appeal of dividend yields and weigh on property valuations. Realty Income Stock Nears Its 52-Week Low

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily uses long-term, single-tenant, net lease agreements, under which tenants generally assume responsibility for property-level expenses such as maintenance, insurance and taxes.

Its portfolio includes retail, industrial, distribution, office, gaming and other commercial properties. Realty Income serves a broad range of tenants, including convenience stores, grocery stores, pharmacies, home improvement retailers, restaurants, logistics operators and other established 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.