New York State Teachers Retirement System Sells 74,423 Shares of Realty Income Corporation $O

New York State Teachers Retirement System decreased its holdings in shares of Realty Income Corporation (NYSE:O) by 9.6% during the 1st quarter, Holdings Channel reports. The firm owned 703,846 shares of the real estate investment trust’s stock after selling 74,423 shares during the quarter. New York State Teachers Retirement System’s holdings in Realty Income were worth $43,061,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in O. Stance Capital LLC bought a new position in shares of Realty Income during the 3rd quarter worth approximately $27,000. EFG International AG bought a new position in Realty Income during the fourth quarter worth $26,000. Evolution Wealth Management Inc. grew its holdings in Realty Income by 257.1% in the fourth 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 during the period. Quattro Advisors LLC bought a new stake in Realty Income in the fourth quarter valued at $29,000. Finally, Ameriflex Group Inc. increased its stake in Realty Income by 68.7% in the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Trending Headlines about Realty Income

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

• Positive Sentiment: Realty Income announced its 135th dividend increase, reinforcing its reputation as a reliable monthly income stock and underscoring continued dividend growth. Article Title
• Positive Sentiment: Several new articles pitched Realty Income as a top REIT for passive income, which can attract income-oriented investors seeking stable monthly cash flow. Article Title
• Positive Sentiment: Coverage also highlighted Realty Income’s ongoing appeal to retirees and long-term passive-income investors, keeping the stock in focus as a defensive dividend name. Article Title
• Neutral Sentiment: The company announced that it will report second-quarter 2026 results on August 5, giving investors a near-term catalyst to watch. Article Title
• Neutral Sentiment: A brokerages note said Realty Income currently has a consensus rating of “Hold,” suggesting Wall Street remains constructive but not especially aggressive on the shares. Article Title
• Neutral Sentiment: One article discussed Realty Income’s data center partnership strategy, which could expand growth over time but remains a longer-term thesis rather than an immediate earnings driver. Article Title

Analyst Ratings Changes

Several brokerages have recently commented on O. Royal Bank Of Canada raised their target price on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Morgan Stanley set a $67.00 price objective on Realty Income in a report on Monday, April 27th. Barclays increased their target price on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Scotiabank decreased their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Finally, UBS Group set a $67.00 price objective on shares of Realty Income in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and a consensus price target of $66.77.

Realty Income Stock Down 0.1%

Shares of NYSE:O opened at $63.77 on Friday. The business’s 50 day moving average is $62.00 and its 200 day moving average is $61.92. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93. The stock has a market cap of $59.46 billion, a price-to-earnings ratio of 52.27, a PEG ratio of 4.98 and a beta of 0.72. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period last year, the business earned $1.06 EPS. The business’s 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. On average, sell-side analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.271 dividend. This is a positive change from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Realty Income 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.