TABR Capital Management LLC Invests $3.05 Million in Realty Income Corporation $O

Key Points

• TABR Capital Management LLC bought a new stake of 54,046 shares in Realty Income in Q4, valued at about $3.05 million.
• Realty Income reported Q earnings of $1.08 per share (in line with estimates) and revenue of $1.40B, up 11% year‑over‑year, and set FY2026 guidance of 4.38–4.42 EPS; the company also raised its monthly dividend to $0.2705 (yield ~5.3%), though the payout ratio is elevated at ~277%.
• Realty Income entered a roughly $1 billion joint venture with Apollo to own ~500 single‑tenant retail properties—supporting its funding mix and credit metrics but potentially limiting future upside—and analysts hold a consensus "Hold" rating with an average price target of $66.39.

TABR Capital Management LLC purchased a new stake in shares of Realty Income Corporation (NYSE:O - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 54,046 shares of the real estate investment trust's stock, valued at approximately $3,047,000.

Other large investors have also recently modified their holdings of the company. Stance Capital LLC purchased a new position in Realty Income during the 3rd quarter worth $27,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Realty Income in the 3rd quarter worth $29,000. Strengthening Families & Communities LLC lifted its holdings in shares of Realty Income by 586.1% in the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust's stock worth $30,000 after buying an additional 422 shares during the period. Ameriflex Group Inc. grew its position in shares of Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust's stock worth $32,000 after buying an additional 215 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Realty Income during the 2nd quarter worth $31,000. Hedge funds and other institutional investors own 70.81% of the company's stock.

Realty Income Trading Down 2.7%

O opened at $60.98 on Monday. The firm has a market cap of $56.86 billion, a price-to-earnings ratio of 52.12, a PEG ratio of 4.51 and a beta of 0.77. 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 Corporation has a 12 month low of $50.71 and a 12 month high of $67.93. The stock has a fifty day moving average price of $63.48 and a 200-day moving average price of $60.08.

Realty Income (NYSE:O - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, meeting analysts' consensus estimates of $1.08. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the company earned $1.05 earnings per share. The firm's revenue for the quarter was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, equities research analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Realty Income's previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 5.3%. Realty Income's payout ratio is currently 276.92%.

Analysts Set New Price Targets

Several research firms recently weighed in on O. Barclays lifted their price objective on Realty Income from $64.00 to $65.00 and gave the company an "equal weight" rating in a report on Friday, March 13th. Weiss Ratings reiterated a "hold (c)" rating on shares of Realty Income in a report on Monday, December 29th. Evercore reissued a "positive" rating on shares of Realty Income in a research report on Wednesday, February 25th. Loop Capital set a $69.00 price target on shares of Realty Income in a report on Monday, March 2nd. Finally, Wall Street Zen raised shares of Realty Income from a "sell" rating to a "hold" rating in a research report on Saturday, February 28th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $66.39.

Realty Income News Summary

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

• Positive Sentiment: Provides $1.0B of long‑term, cost‑efficient equity that strengthens Realty Income’s funding mix and reduces reliance on public markets — supports future acquisitions and liquidity. Realty Income and Apollo to Establish Strategic Partnership
• Positive Sentiment: Deal structure keeps Realty Income as manager of the JV and includes call options that preserve upside potential over time; rating agencies will treat the capital as permanent equity — favorable for credit metrics. Realty Income Apollo Venture Reshapes Funding Mix And Growth Path
• Neutral Sentiment: JV will own ~500 single‑tenant retail properties on long‑term net leases — predictable cash flows but limited immediate growth leverage compared with acquiring new higher‑growth assets. Realty Income and Apollo to Establish Strategic Partnership
• Neutral Sentiment: Advances Realty Income’s private‑capital initiative (diversification away from public equity/debt issuance); ultimate impact depends on how proceeds are deployed (pay down debt, fund new buys, or other uses). Realty Income and Apollo to Establish Strategic Partnership
• Negative Sentiment: Market reaction can be negative because selling a 49% stake monetizes assets and limits future upside from those properties; investors may view the move as slowing organic NAV/accretion potential. SeekAlpha coverage highlights these tradeoffs. Realty Income, Apollo form $1B joint venture for retail properties
• Negative Sentiment: Macro backdrop (sticky inflation, rate uncertainty) and heightened trading volume suggest investors are re‑pricing REIT multiples; Realty Income’s relatively high valuation metrics (e.g., P/E) leave the stock sensitive to multiple compression. Realty Income & Apollo Set to Form a Strategic Partnership (Zacks)

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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