Realty Income Corporation $O Stock: Soltis Investment Advisors LLC Grows Stake

Key Points

• Soltis Investment Advisors increased its Realty Income stake by 9.2% in the third quarter, adding 17,636 shares to reach 210,367 shares valued at approximately $11.4 million. Institutional investors collectively own 70.81% of the REIT.
• Realty Income reported quarterly revenue of $1.55 billion, up 9.7% year over year, while earnings of $1.09 per share matched estimates. The company maintained fiscal 2026 EPS guidance of $4.440–$4.450.
• The stock traded near $57.22 and offers a monthly dividend of $0.2715 per share, equivalent to an annualized yield of about 5.7%. Analysts hold a “Moderate Buy” consensus rating with a $72.34 average price target, though some firms recently lowered targets.

Soltis Investment Advisors LLC boosted its holdings in shares of Realty Income Corporation (NYSE:O - Free Report) by 9.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 210,367 shares of the real estate investment trust's stock after purchasing an additional 17,636 shares during the period. Soltis Investment Advisors LLC's holdings in Realty Income were worth $11,423,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in O. BlackRock Inc. bought a new position in shares of Realty Income in the second quarter valued at $6,997,219,000. State Street Corp lifted its position in shares of Realty Income by 3.4% during the 2nd quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust's stock valued at $4,102,484,000 after acquiring an additional 2,166,180 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Realty Income by 10.3% during the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust's stock worth $1,184,551,000 after acquiring an additional 1,785,859 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Realty Income by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust's stock worth $796,457,000 after acquiring an additional 154,581 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of Realty Income during the 2nd quarter worth $643,334,000. 70.81% of the stock is currently owned by institutional investors.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Realty Income declared its 676th consecutive monthly dividend, reinforcing its reputation as a reliable income investment. The company has paid monthly dividends for more than 56 years, maintains high occupancy, and leases properties to established tenants. Realty Income Just Declared Its 676th Consecutive Monthly Dividend
• Positive Sentiment: Realty Income continues to be highlighted among high-yield dividend stocks suitable for long-term income portfolios. Its history of raising payouts through different interest-rate environments may attract investors seeking defensive, recurring cash flow. Retire on Dividends: 5 High-Yield Stocks
• Neutral Sentiment: Wall Street previews ahead of Realty Income’s third-quarter 2026 results are concentrating on operating metrics beyond revenue and earnings, including property-level performance and funds-from-operations-related measures. The reports provide expectations but do not include new results. Ahead of Realty Income Q3 Earnings
• Negative Sentiment: A valuation analysis argues that Realty Income’s share price may be above fair value relative to its current earnings power, despite a 37.6% three-year shareholder return. That raises the risk that earnings or guidance will need to improve to justify further gains. Realty Income Stock May Sit Above Fair Value
• Negative Sentiment: REIT dividends are generally taxed as ordinary income in taxable accounts, potentially reducing after-tax returns for investors in higher tax brackets. This is a consideration for Realty Income’s income-focused shareholder base. Tax Treatment of High-Yield Dividends

Analyst Ratings Changes

O has been the topic of a number of recent research reports. Stifel Nicolaus set a $63.75 target price on Realty Income in a research report on Friday, October 9th. Mizuho set a $187.00 price target on Realty Income in a research report on Monday, October 19th. Barclays dropped their price target on Realty Income from $65.00 to $61.00 and set an "equal weight" rating on the stock in a research note on Tuesday, October 20th. Scotiabank cut Realty Income from a "sector outperform" rating to a "sector perform" rating and dropped their price target for the stock from $67.00 to $59.00 in a research note on Wednesday, September 23rd. Finally, Truist Financial upgraded Realty Income from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Realty Income presently has an average rating of "Moderate Buy" and a consensus price target of $72.34.

Realty Income Trading Up 1.8%

Realty Income stock opened at $57.22 on Friday. The company has a 50 day moving average price of $57.62 and a 200 day moving average price of $61.61. Realty Income Corporation has a 52 week low of $53.15 and a 52 week high of $67.93. 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 capitalization of $54.14 billion, a price-to-earnings ratio of 41.76, a P/E/G ratio of 4.39 and a beta of 0.69.

Realty Income (NYSE:O - Get Free Report) last posted its quarterly earnings data 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. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.40 billion. During the same period in the previous year, the company posted $1.05 EPS. The company's quarterly revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Research analysts forecast that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $0.2715 per share. The ex-dividend date is Friday, October 30th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 5.7%. Realty Income's payout ratio is currently 237.23%.

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.

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