Korea Investment CORP Takes Position in Realty Income Corporation $O

Key Points

• Korea Investment CORP purchased 503,045 shares of Realty Income, valued at approximately $31.2 million, giving it a 0.05% stake. Institutional investors collectively own 70.81% of the REIT.
• Realty Income’s latest quarter met EPS expectations at $1.09, while revenue rose 9.7% year over year to $1.55 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $67.42.
• The company declared a $0.271 monthly dividend, equivalent to an annualized yield of about 5.2%. Investors may weigh the dependable income and European growth potential against the stock’s elevated valuation and REIT interest-rate sensitivity.

Korea Investment CORP purchased a new position in Realty Income Corporation (NYSE:O - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 503,045 shares of the real estate investment trust's stock, valued at approximately $31,169,000. Korea Investment CORP owned about 0.05% of Realty Income at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Realty Income by 11.2% in the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust's stock valued at $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC acquired a new stake in Realty Income during the 4th quarter worth $571,000. Empowered Funds LLC grew its holdings in shares of 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 worth $1,041,000 after buying an additional 1,330 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Realty Income by 41.3% during the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust's stock worth $4,289,000 after buying an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC grew its holdings in shares of Realty Income by 14.9% during 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 buying an additional 3,290 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

O has been the topic of several research reports. Stifel Nicolaus set a $70.75 price target on shares of Realty Income in a research note on Tuesday, June 30th. Royal Bank Of Canada lowered their price target on shares of Realty Income from $71.00 to $70.00 and set an "outperform" rating on the stock in a research report on Friday, August 7th. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research note on Monday, April 27th. Robert W. Baird increased their price objective on shares of Realty Income from $64.00 to $65.00 and gave the company a "neutral" rating in a report on Monday, July 6th. Finally, Huntington initiated coverage on shares of Realty Income in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $70.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Realty Income presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.42.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Realty Income is being highlighted as a leading dividend stock because it combines a roughly 5.2% yield with monthly dividend payments and the potential for continued growth. Why I Think the Best Dividend Stock Isn't a Tech Name: It's Realty Income
• Positive Sentiment: Recent articles emphasize Realty Income’s recurring rental income, monthly distributions and suitability for investors seeking dependable passive income. The stock would require comparatively less capital than many equities to generate $1,000 in annual dividends. Passive Income: How Much Would You Need to Invest in Realty Income Stock
• Positive Sentiment: Coverage points to Realty Income’s European expansion as a long-term growth engine, potentially adding diversification and supporting future cash-flow growth alongside its U.S. portfolio. Realty Income: European Growth Engine Backs This Monthly Dividend Payer
• Positive Sentiment: Analyst sentiment remains favorable, with Realty Income receiving an average “Moderate Buy” recommendation. Realty Income Given Average Recommendation of Moderate Buy
• Neutral Sentiment: Recent commentary also says Realty Income has outperformed several retail real estate peers in 2026 and that its latest results support its status as an income-focused pick. The company recently met quarterly earnings expectations and reported strong revenue growth, reinforcing the positive narrative.
• Negative Sentiment: The articles provide little evidence of a new, near-term earnings or operational catalyst. With Realty Income trading at a relatively high earnings multiple, investors may be weighing its attractive income profile against valuation and the typical interest-rate sensitivity of REITs.

Realty Income Trading Down 0.9%

Shares of Realty Income stock opened at $62.61 on Friday. The stock has a 50 day moving average of $63.18 and a 200 day moving average of $63.16. 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 has a market capitalization of $59.24 billion, a price-to-earnings ratio of 45.70, a PEG ratio of 4.44 and a beta of 0.71. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93.

Realty Income (NYSE:O - Get Free Report) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting analysts' consensus estimates of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The company'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 predict that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Dividend Announcement

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

About Realty Income

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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