QRG Capital Management Inc. Purchases 29,030 Shares of Realty Income Corporation $O

Key Points

• QRG Capital Management increased its stake in Realty Income by 67.7%, buying an additional 29,030 shares to hold 71,913 shares valued at about $4.054 million at quarter-end.
• Operational results showed a Q1 FFO beat ($1.13 vs. $1.10) and revenue beat ($1.55B vs. $1.39B), prompting an upward revision to parts of the outlook, although GAAP EPS missed ($0.33 vs. $0.40) and FY2026 EPS guidance (4.410–4.440) is slightly below consensus.
• The company declared a monthly dividend of $0.2705 (annualized yield ~5.1%) and carries a MarketBeat consensus rating of "Hold" with a $67.19 target price.

QRG Capital Management Inc. grew its position in Realty Income Corporation (NYSE:O - Free Report) by 67.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,913 shares of the real estate investment trust's stock after buying an additional 29,030 shares during the quarter. QRG Capital Management Inc.'s holdings in Realty Income were worth $4,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in 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 valued at $326,000 after purchasing an additional 615 shares during the period. Bison Wealth LLC bought a new stake in shares of Realty Income in the 4th quarter valued at about $571,000. Empowered Funds LLC lifted its position in shares of Realty Income by 8.0% in the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust's stock worth $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP boosted its stake 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 valued at $4,289,000 after purchasing an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake 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 valued at $1,474,000 after purchasing an additional 3,290 shares in the last quarter. Institutional investors own 70.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Loop Capital set a $69.00 price objective on shares of Realty Income in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised Realty Income from a "hold" rating to a "buy" rating and set a $69.00 target price on the stock in a research report on Tuesday, January 20th. UBS Group lifted their price target on Realty Income from $66.00 to $72.00 and gave the company a "buy" rating in a report on Monday, March 9th. Royal Bank Of Canada boosted their price target on Realty Income from $61.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 25th. Finally, Barclays upped their price objective on Realty Income from $65.00 to $68.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 21st. Six equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $67.19.

Insider Activity at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the sale, the insider owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Key Realty Income News

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

• Positive Sentiment: FFO beat — Realty Income reported funds from operations (FFO) of $1.13/share vs. the Zacks consensus of $1.10, an improvement from $1.06 a year ago; for REIT investors FFO is a key profitability metric and this beat supports dividend coverage and valuation. Realty Income Corp. (O) Q1 FFO and Revenues Beat Estimates
• Positive Sentiment: Revenue and operating strength — Total revenue exceeded expectations ($1.55B vs. ~$1.39B est.) and management described a strong quarter, prompting an upward revision to parts of its outlook; that operational strength is likely the primary catalyst behind today’s positive price action. Realty Income boosts 2026 outlook after strong quarter
• Neutral Sentiment: Market commentary on monthly dividend appeal — Several consumer finance pieces and dividend‑income roundups continue to highlight Realty Income as a core monthly‑payout holding; these stories support investor interest but are not immediate catalysts. Want Reliable Dividend Income in May? These 2 Stocks Deliver
• Negative Sentiment: EPS miss and slightly cautious FY26 guidance — GAAP EPS came in at $0.33 (below the $0.40 consensus), and the updated FY2026 EPS range (4.410–4.440) sits a hair below the Street consensus (~4.450). Those points are weighing on sentiment for investors focused on near‑term EPS and analyst targets. Realty Income reported earnings (MarketBeat)

Realty Income Stock Up 0.7%

Realty Income stock opened at $64.04 on Thursday. Realty Income Corporation has a 1-year low of $54.38 and a 1-year high of $67.93. The stock has a market capitalization of $59.71 billion, a price-to-earnings ratio of 54.73, a PEG ratio of 4.30 and a beta of 0.75. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40. The business has a fifty day moving average price of $63.64 and a 200-day moving average price of $60.78.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, beating the consensus estimate of $1.10 by $0.03. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the firm posted $1.06 EPS. Realty Income's revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities research analysts forecast that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be issued a $0.2705 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Thursday, April 30th. Realty Income's dividend payout ratio is 277.78%.

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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