Realty Income Corporation $O Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its stake in Realty Income Corporation (NYSE:O - Free Report) by 3.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,380,117 shares of the real estate investment trust's stock after buying an additional 42,577 shares during the period. Public Employees Retirement System of Ohio owned 0.15% of Realty Income worth $85,512,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Jacobs Equity LLC acquired a new stake in Realty Income in the 2nd quarter valued at about $220,000. Redwood Investment Management LLC bought a new position in shares of Realty Income during the 2nd quarter valued at about $893,000. Pure Financial Advisors LLC grew its stake in shares of Realty Income by 321.7% in the 2nd quarter. Pure Financial Advisors LLC now owns 34,758 shares of the real estate investment trust's stock worth $2,154,000 after purchasing an additional 26,516 shares during the last quarter. Corient Private Wealth LP bought a new stake in shares of Realty Income in the 2nd quarter worth approximately $12,094,000. Finally, Ausdal Financial Partners Inc. lifted its stake in Realty Income by 11.0% during the second quarter. Ausdal Financial Partners Inc. now owns 29,733 shares of the real estate investment trust's stock valued at $1,844,000 after purchasing an additional 2,939 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income News Summary

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

• Positive Sentiment: Analysts continue to view Realty Income as a durable income investment. Rising adjusted funds from operations (AFFO), high occupancy and expansion into data centers are cited as support for the company’s ability to maintain and gradually grow its monthly dividend. Realty Income's Dividend Growth Stays Durable: Should You Buy or Hold?
• Positive Sentiment: Several articles emphasize Realty Income’s appeal as a long-term, monthly income vehicle, with one suggesting that options writing could enhance shareholder income. The company’s broad property portfolio and established dividend history remain key attractions for income-focused investors. Realty Income: Long-Term Income Name Enhanced Via Options Writing
• Positive Sentiment: Other coverage presents Realty Income as a leading REIT for dependable retirement cash flow and highlights the tax advantages of holding dividend-producing assets in a Roth account. These articles may reinforce demand from yield-oriented investors, although they do not represent new company-specific developments. Realty Income: The Best REIT To Own
• Neutral Sentiment: Coverage of Realty Income’s monthly dividend illustrates the cash flow generated by a $30,000 investment. The analysis supports the stock’s income appeal but is primarily educational and does not introduce a change to Realty Income’s fundamentals. Realty Income Pays a Monthly Dividend
• Negative Sentiment: More cautious analysis argues that Realty Income’s business expansion has not yet accelerated growth, while another warns that bullish investors may be overlooking a valuation that is difficult to justify without faster earnings and dividend growth. These concerns likely weigh on the stock despite its defensive income characteristics. Realty Income: Business Expansion Has Not Accelerated Growth
• Negative Sentiment: A comparison article favors VICI Properties over Realty Income for potential five-year performance, suggesting that investors seeking higher growth may find better opportunities elsewhere. This competitive framing adds pressure to Realty Income’s share-price outlook, even though it does not signal deterioration in the company’s current operations. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income

Realty Income Price Performance

Shares of NYSE:O opened at $61.80 on Friday. 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 1 year low of $55.86 and a 1 year high of $67.93. The business has a fifty day simple moving average of $63.28 and a 200 day simple moving average of $63.17. The firm has a market cap of $58.48 billion, a price-to-earnings ratio of 45.11, a P/E/G ratio of 4.42 and a beta of 0.71.

Realty Income (NYSE:O - Get Free Report) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The business's revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, sell-side analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders 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 5.3%. Realty Income's payout ratio is 237.23%.

Analysts Set New Price Targets

A number of brokerages have recently commented on O. Freedom Capital upgraded Realty Income from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 11th. Barclays dropped their price target on Realty Income from $68.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 22nd. Huntington began coverage on shares of Realty Income in a research report on Wednesday, July 15th. They issued an "outperform" rating and a $70.00 target price on the stock. Robert W. Baird raised their price objective on shares of Realty Income from $64.00 to $65.00 and gave the stock a "neutral" rating in a research note on Monday, July 6th. Finally, Evercore set a $68.00 price target on Realty Income in a research report on Friday, August 7th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target 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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