Realty Income Corporation $O Stock Holdings Lifted by Aberdeen Group plc

Key Points

• Aberdeen Group increased its Realty Income stake by 8.7% in the second quarter, adding 169,221 shares to hold 2.12 million shares valued at approximately $131.4 million. Institutional investors collectively own 70.81% of the REIT.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $67.42, compared with the stock’s reported opening price of $62.75.
• Realty Income met quarterly EPS expectations at $1.09 and exceeded revenue estimates with $1.55 billion, up 9.7% year over year. The company also paid a monthly dividend of $0.271 per share, representing an indicated yield of about 5.2%.

Aberdeen Group plc raised its stake in Realty Income Corporation (NYSE:O - Free Report) by 8.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,121,387 shares of the real estate investment trust's stock after buying an additional 169,221 shares during the quarter. Aberdeen Group plc owned approximately 0.23% of Realty Income worth $131,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Realty Income in the fourth quarter worth approximately $558,775,000. Morgan Stanley raised its position in shares of Realty Income by 21.6% during the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust's stock worth $1,031,080,000 after purchasing an additional 3,252,091 shares during the period. Deutsche Bank AG raised its position in shares of Realty Income by 45.1% during the fourth quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust's stock worth $281,792,000 after purchasing an additional 1,554,726 shares during the period. Amundi lifted its holdings in shares of Realty Income by 56.7% during the first quarter. Amundi now owns 4,183,310 shares of the real estate investment trust's stock valued at $255,934,000 after purchasing an additional 1,514,119 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Realty Income by 2.1% during the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust's stock valued at $3,831,526,000 after purchasing an additional 1,295,936 shares during the last quarter. Institutional investors own 70.81% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on O shares. Royal Bank Of Canada decreased their price target on Realty Income from $71.00 to $70.00 and set an "outperform" rating for the company 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. Stifel Nicolaus set a $70.75 target price on shares of Realty Income in a report on Tuesday, June 30th. Huntington started coverage on shares of Realty Income in a report on Wednesday, July 15th. They issued an "outperform" rating and a $70.00 target price for the company. Finally, Weiss Ratings raised shares of Realty Income from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.42.

Realty Income Price Performance

Shares of O opened at $62.75 on Friday. 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 cap of $59.38 billion, a PE ratio of 45.80, a PEG ratio of 4.47 and a beta of 0.71. The firm's 50 day moving average price is $63.07 and its 200 day moving average price is $63.08. Realty Income Corporation has a twelve month low of $55.86 and a twelve month 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, hitting the consensus estimate of $1.09. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, research analysts expect that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, July 31st. Realty Income's dividend payout ratio (DPR) is 237.23%.

Realty Income 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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