Realty Income Corporation $O Stock Position Increased by Amundi

Key Points

• Amundi increased its Realty Income position by 8.4% in the second quarter, adding 352,679 shares for a total of 4.54 million shares valued at approximately $281.1 million. Institutional investors now own 70.81% of the REIT.
• Realty Income reported quarterly earnings of $1.09 per share, in line with estimates, while revenue rose 9.7% year over year to $1.55 billion. The company maintained fiscal 2026 EPS guidance of $4.440 to $4.450.
• The company declared a monthly dividend of $0.271 per share, representing a 5.3% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $67.23, compared with the stock’s reported price of $61.22.

Amundi increased its position in Realty Income Corporation (NYSE:O - Free Report) by 8.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,535,989 shares of the real estate investment trust's stock after buying an additional 352,679 shares during the quarter. Amundi owned about 0.48% of Realty Income worth $281,050,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. EFG International AG bought a new position in shares of Realty Income during the 4th quarter valued at about $26,000. Dunhill Financial LLC acquired a new position in shares of Realty Income in the 2nd quarter worth approximately $27,000. Evolution Wealth Management Inc. raised its holdings in shares of Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC bought a new stake in shares of Realty Income in the 4th quarter worth approximately $29,000. Finally, Sankala Group LLC bought a new stake in shares of Realty Income in the 4th quarter worth approximately $32,000. Institutional investors own 70.81% of the company's stock.

Realty Income Stock Down 0.0%

Shares of Realty Income stock opened at $61.22 on Tuesday. The stock has a 50-day moving average price of $63.23 and a 200 day moving average price of $63.00. The company has a market cap of $57.93 billion, a P/E ratio of 44.69, a P/E/G ratio of 4.35 and a beta of 0.71. 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.

Realty Income (NYSE:O - Get Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting the consensus estimate of $1.09. The company had revenue of $1.55 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, analysts expect that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

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 given a dividend of $0.271 per share. The ex-dividend date of this dividend 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 presently 237.23%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Huntington initiated coverage on shares of Realty Income in a report on Wednesday, July 15th. They set an "outperform" rating and a $70.00 target price for the company. Wells Fargo & Company dropped their price target on Realty Income from $65.00 to $64.00 and set an "equal weight" rating on the stock in a report on Tuesday, September 1st. Barclays cut their price objective on Realty Income from $67.00 to $65.00 and set an "equal weight" rating for the company in a research report on Friday. Mizuho reduced their price objective on Realty Income from $68.00 to $66.00 and set a "neutral" rating for the company in a research note on Wednesday, May 13th. Finally, Robert W. Baird lifted their target price on Realty Income from $64.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, July 6th. One research 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 assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $67.23.

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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