Realty Income Corporation $O Stock Bought by Chicago Partners Investment Group LLC

Key Points

• Chicago Partners Investment Group increased its Realty Income stake by 290.3% in the third quarter, adding 31,185 shares to hold 41,929 shares valued at about $2.385 million. Institutional investors collectively own 70.81% of the REIT’s stock.
• Realty Income reported quarterly revenue of $1.62 billion, up 10.3% year over year and above estimates; it also beat EPS expectations and raised its full-year AFFO outlook.
• The REIT declared a monthly dividend of $0.2715 per share, equivalent to an annualized yield of about 5.5%. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $71.51.

Chicago Partners Investment Group LLC lifted its stake in shares of Realty Income Corporation (NYSE:O - Free Report) by 290.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,929 shares of the real estate investment trust's stock after acquiring an additional 31,185 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Realty Income were worth $2,385,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in O. Ascent Group LLC lifted its stake in shares of Realty Income by 33.0% in the third quarter. Ascent Group LLC now owns 16,490 shares of the real estate investment trust's stock worth $895,000 after buying an additional 4,088 shares during the last quarter. Compass Financial Management LLC grew its stake in Realty Income by 5.5% in the 3rd quarter. Compass Financial Management LLC now owns 6,974 shares of the real estate investment trust's stock valued at $379,000 after buying an additional 364 shares during the last quarter. Focused Wealth Management Inc raised its holdings in Realty Income by 3.6% in the 3rd quarter. Focused Wealth Management Inc now owns 10,486 shares of the real estate investment trust's stock worth $569,000 after acquiring an additional 367 shares during the period. Rakuten Investment Management Inc. raised its holdings in Realty Income by 10.8% in the 3rd quarter. Rakuten Investment Management Inc. now owns 168,943 shares of the real estate investment trust's stock worth $9,316,000 after acquiring an additional 16,426 shares during the period. Finally, Provenance Wealth Advisors LLC boosted its position in shares of Realty Income by 12,437.5% in the third quarter. Provenance Wealth Advisors LLC now owns 1,003 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 995 shares during the period. Institutional investors and hedge funds own 70.81% of the company's stock.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Realty Income’s third-quarter 2026 report showed AFFO of $1.12 per share, and management raised its full-year AFFO outlook. The news prompted a rally after the results, reinforcing the appeal of the REIT’s steady, dividend-focused business. Realty Income stock climbs on Q3 earnings and higher AFFO outlook
• Positive Sentiment: Huntington raised its earnings estimates for several upcoming quarters and for full-year 2027 and 2028, and maintained a “Strong Buy” rating—an encouraging signal about expected earnings growth. Realty Income analyst estimates
• Neutral Sentiment: The company adopted a 2026 employee incentive award plan. This is a routine compensation-related development, with no material financial impact described. Realty Income adopts 2026 employee incentive award plan
• Negative Sentiment: Cantor Fitzgerald cut its price target from $68 to $63 and moved to a “Neutral” rating. Although the revised target still implied upside from the cited share price, the downgrade may temper investor enthusiasm. Cantor Fitzgerald stock recommendations

Wall Street Analyst Weigh In

O has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on shares of Realty Income from $64.00 to $59.00 and set an "equal weight" rating for the company in a research note on Monday, October 19th. Huntington started coverage on Realty Income in a research note on Monday, November 2nd. They set a "strong-buy" rating on the stock. Weiss Ratings lowered shares of Realty Income from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, October 30th. Royal Bank Of Canada increased their target price on Realty Income from $60.00 to $61.00 and gave the stock an "outperform" rating in a report on Tuesday. Finally, Truist Financial raised Realty Income from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Realty Income presently has a consensus rating of "Moderate Buy" and an average target price of $71.51.

Realty Income Price Performance

Shares of Realty Income stock opened at $59.07 on Friday. 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 stock has a market capitalization of $55.89 billion, a price-to-earnings ratio of 40.74, a price-to-earnings-growth ratio of 4.50 and a beta of 0.65. Realty Income Corporation has a twelve month low of $53.15 and a twelve month high of $67.93. The company has a 50-day simple moving average of $57.10 and a two-hundred day simple moving average of $61.55.

Realty Income (NYSE:O - Get Free Report) last announced its earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Realty Income had a net margin of 21.85% and a return on equity of 3.30%. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business posted $1.08 EPS. The business's revenue was up 10.3% compared to the same quarter last year. Analysts forecast that Realty Income Corporation will post 4.52 EPS for the current year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.2715 per share. This represents a $3.26 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Friday, October 30th. Realty Income's dividend payout ratio (DPR) is 224.83%.

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages commercial properties leased to businesses. Its portfolio includes retail, industrial, gaming, and other properties, typically leased under long-term net lease agreements in which tenants are responsible for many property operating expenses.

Founded in 1969, Realty Income is known as “The Monthly Dividend Company” for its monthly dividend payments. The company serves tenants across the United States and has expanded its property portfolio into Europe.

Realty Income is headquartered in San Diego, California.

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