Realty Income Corporation $O Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC grew its stake in Realty Income Corporation (NYSE:O) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 403,644 shares of the real estate investment trust’s stock after purchasing an additional 17,526 shares during the period. HighTower Advisors LLC’s holdings in Realty Income were worth $22,753,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Envestnet Portfolio Solutions Inc. raised its stake in shares of Realty Income by 4.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 56,854 shares of the real estate investment trust’s stock valued at $3,205,000 after purchasing an additional 2,455 shares in the last quarter. Cascade Financial Partners LLC raised its stake in shares of Realty Income by 20.2% in the 4th quarter. Cascade Financial Partners LLC now owns 20,307 shares of the real estate investment trust’s stock valued at $1,145,000 after purchasing an additional 3,407 shares in the last quarter. Pathway Financial Advisers LLC raised its stake in shares of Realty Income by 1.2% in the 4th quarter. Pathway Financial Advisers LLC now owns 99,811 shares of the real estate investment trust’s stock valued at $5,626,000 after purchasing an additional 1,161 shares in the last quarter. Intrua Financial LLC raised its stake in shares of Realty Income by 3.4% in the 4th quarter. Intrua Financial LLC now owns 52,547 shares of the real estate investment trust’s stock valued at $2,962,000 after purchasing an additional 1,712 shares in the last quarter. Finally, RiverFront Investment Group LLC acquired a new stake in shares of Realty Income in the 4th quarter valued at about $315,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Key Realty Income News

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

• Positive Sentiment: Higher AFFO guidance and a larger US$9.5 billion investment plan may improve confidence in Realty Income’s ability to sustain dividend growth and support valuation. Should Realty Income’s Higher AFFO Outlook And US$9.5 Billion Plan Reshape How (O) Is Valued?
• Positive Sentiment: Shareholders backed the board, auditor, and executive pay at the annual meeting, removing a potential governance overhang. Realty Income Shareholders Back Board, Auditor and Pay
• Neutral Sentiment: Analyst commentary pointed to Realty Income’s 98.9% occupancy as evidence of portfolio stability, which supports the stock’s defensive reputation but does not by itself change the outlook. Realty Income’s Occupancy Edge: Can 98.9% Stability Hold?
• Neutral Sentiment: Several articles continued to feature Realty Income as a dependable dividend/income stock, reinforcing its reputation with income-focused investors rather than providing a new fundamental catalyst. Got $500? The Best Dividend Stocks to Buy Right Now

Realty Income Price Performance

NYSE O opened at $62.14 on Friday. Realty Income Corporation has a 52 week low of $55.03 and a 52 week high of $67.93. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The stock has a market cap of $57.94 billion, a price-to-earnings ratio of 50.93, a price-to-earnings-growth ratio of 4.84 and a beta of 0.75. The company has a 50-day moving average price of $62.71 and a two-hundred day moving average price of $60.97.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the prior year, the firm earned $1.06 EPS. Realty Income’s quarterly revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts forecast that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.2705 dividend. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 5.2%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Wall Street Analysts Forecast Growth

O has been the subject of a number of recent research reports. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Barclays boosted their price objective on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Stifel Nicolaus boosted their price objective on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, Evercore reaffirmed a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $67.35.

Insider Activity

In other 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 completion of the transaction, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is owned by company insiders.

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.