Sound Income Strategies LLC Purchases 26,890 Shares of Realty Income Corporation $O

Key Points

• Sound Income Strategies LLC boosted its stake in Realty Income by 8.2%, adding 26,890 shares to hold 352,918 shares worth about $21.68 million, making O its 21st-largest position.
• Realty Income raised its monthly dividend to $0.2705 (annualized yield ~5.3%), payable April 15, though the payout ratio is elevated at 277.78%.
• Realty Income reported quarterly EPS of $1.08 in line with estimates and set FY2026 guidance of $4.38–$4.42 per share versus a sell-side consensus of $4.19, while analysts maintain a consensus rating of "Hold" (avg. target ~$66.39).

Sound Income Strategies LLC boosted its position in Realty Income Corporation (NYSE:O - Free Report) by 8.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 352,918 shares of the real estate investment trust's stock after purchasing an additional 26,890 shares during the period. Realty Income comprises 1.0% of Sound Income Strategies LLC's investment portfolio, making the stock its 21st biggest position. Sound Income Strategies LLC's holdings in Realty Income were worth $21,676,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in O. State Street Corp grew its position in shares of Realty Income by 1.1% during the 2nd quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust's stock valued at $3,556,436,000 after acquiring an additional 676,697 shares during the period. OLD National Bancorp IN bought a new position in shares of Realty Income during the 3rd quarter valued at approximately $3,391,000. ProShare Advisors LLC grew its position in shares of Realty Income by 5.3% during the 3rd quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust's stock valued at $186,497,000 after acquiring an additional 155,677 shares during the period. Allied Investment Advisors LLC bought a new position in shares of Realty Income during the 3rd quarter valued at approximately $10,870,000. Finally, Daiwa Securities Group Inc. grew its position in shares of Realty Income by 20.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,953,495 shares of the real estate investment trust's stock valued at $227,761,000 after acquiring an additional 675,292 shares during the period. 70.81% of the stock is owned by institutional investors.

Insider Transactions at Realty Income

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Realty Income Stock Down 0.7%

O opened at $61.79 on Tuesday. The company has a 50 day moving average of $63.59 and a 200 day moving average of $60.20. The company has a market cap of $57.62 billion, a PE ratio of 52.81, a price-to-earnings-growth ratio of 4.71 and a beta of 0.79. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $67.93. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, hitting the consensus estimate of $1.08. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. Realty Income's revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, sell-side analysts expect that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.2705 dividend. This is a boost from Realty Income's previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 5.3%. Realty Income's payout ratio is 277.78%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Scotiabank increased their target price on shares of Realty Income from $67.00 to $69.00 and gave the company a "sector outperform" rating in a research report on Wednesday, March 11th. Weiss Ratings reissued a "hold (c)" rating on shares of Realty Income in a research report on Monday, December 29th. JPMorgan Chase & Co. reissued an "underweight" rating and set a $61.00 target price on shares of Realty Income in a research report on Thursday, December 18th. Wall Street Zen raised shares of Realty Income from a "sell" rating to a "hold" rating in a research report on Saturday, February 28th. Finally, Cantor Fitzgerald increased their target price on shares of Realty Income from $60.00 to $68.00 and gave the company a "neutral" rating in a research report on Friday, February 27th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Realty Income currently has a consensus rating of "Hold" and a consensus price target of $66.39.

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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