Kinloch Capital LLC Makes New Investment in Realty Income Corporation $O

Key Points

• Kinloch Capital acquired 78,879 shares of Realty Income worth approximately $4.9 million, making the REIT 1.8% of its portfolio. Institutional investors collectively own 70.81% of the company.
• Realty Income reported quarterly EPS of $1.09, in line with estimates, while revenue rose 9.7% year over year to $1.55 billion. Management issued fiscal 2026 EPS guidance of $4.44–$4.45.
• The REIT declared a monthly dividend of $0.271 per share, representing an annualized yield of about 5.1%. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $67.42, versus a share price of $63.16.

Kinloch Capital LLC purchased a new stake in shares of Realty Income Corporation (NYSE:O - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 78,879 shares of the real estate investment trust's stock, valued at approximately $4,887,000. Realty Income comprises about 1.8% of Kinloch Capital LLC's holdings, making the stock its 21st biggest position.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust's stock worth $326,000 after acquiring an additional 615 shares in the last quarter. Bison Wealth LLC purchased a new stake in Realty Income during the fourth quarter valued at approximately $571,000. Empowered Funds LLC lifted its position in Realty Income by 8.0% during the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust's stock valued at $1,041,000 after acquiring an additional 1,330 shares during the last quarter. Woodline Partners LP boosted its stake in Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust's stock valued at $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC grew its holdings in Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust's stock worth $1,474,000 after purchasing an additional 3,290 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors.

Realty Income Stock Up 0.9%

NYSE:O opened at $63.16 on Tuesday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The company has a market cap of $59.77 billion, a PE ratio of 46.10, a P/E/G ratio of 4.44 and a beta of 0.71. The company's 50 day moving average is $63.20 and its two-hundred day moving average is $63.19.

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 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 quarter last year, the company 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. Analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.271 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.1%. Realty Income's dividend payout ratio (DPR) is 237.23%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on O shares. Wells Fargo & Company upped their price target on Realty Income from $64.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 15th. Freedom Capital raised Realty Income from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 11th. Morgan Stanley set a $67.00 target price on Realty Income in a research note on Monday, April 27th. Royal Bank Of Canada reduced their target price on Realty Income from $71.00 to $70.00 and set an "outperform" rating on the stock in a research report on Friday, August 7th. Finally, Huntington initiated coverage on Realty Income in a report on Wednesday, July 15th. They issued an "outperform" rating and a $70.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Realty Income presently has a consensus rating of "Moderate Buy" and an average target price of $67.42.

Realty Income Company 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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