Realty Income Corporation $O Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lessened its holdings in Realty Income Corporation (NYSE:O) by 6.1% in the third quarter, HoldingsChannel.com reports. The firm owned 149,827 shares of the real estate investment trust’s stock after selling 9,735 shares during the period. Kestra Private Wealth Services LLC’s holdings in Realty Income were worth $8,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Dunhill Financial LLC acquired a new stake in shares of Realty Income during the second quarter worth $27,000. Fiduciary Financial Advisors acquired a new position in shares of Realty Income in the 2nd quarter valued at about $36,000. Coppell Advisory Solutions LLC acquired a new position in shares of Realty Income in the 2nd quarter valued at about $40,000. Meeder Asset Management Inc. acquired a new position in shares of Realty Income in the 2nd quarter valued at about $42,000. Finally, Meramec Financial Planners LLC bought a new stake in shares of Realty Income during the 2nd quarter valued at about $44,000. Institutional investors own 70.81% of the company’s stock.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Q3 results and outlook beat expectations: Realty Income reported AFFO of $1.12 per share, up 3.7% year over year, and revenue of $1.62 billion. Management raised its 2026 AFFO guidance to $4.45–$4.46 per share and is targeting $10 billion in investments this year. Realty Income Q3 2026 earnings call highlights
• Positive Sentiment: New investment and funding avenues: The company reported a 170-basis-point investment spread and expanded its European private-capital platform through a €528 million joint venture with KKR. These initiatives could support growth and diversify funding as U.S. borrowing costs remain elevated. Realty Income Q3 earnings call centers on funding flexibility
• Positive Sentiment: Analyst support: Huntington initiated coverage with a “strong buy” rating, while RBC raised its price target to $61 and maintained an “outperform” rating. Huntington Realty Income coverage
• Neutral Sentiment: Monthly dividend remains a key attraction: Realty Income’s long record of monthly payments and a payout of roughly 73% of AFFO may appeal to income investors, though the dividend’s appeal alone does not ensure faster share-price growth. Realty Income dividend and earnings context
• Negative Sentiment: Growth and financing remain constraints: AFFO per share growth of 3.7% highlights the challenge of generating faster growth at Realty Income’s scale. Higher U.S. borrowing costs could also make acquisitions and portfolio expansion more difficult, tempering the impact of the earnings beat and higher guidance. Why Realty Income’s stock may not take off after earnings

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company dropped their price objective on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Monday, October 19th. Royal Bank Of Canada raised their target price on shares of Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a report on Tuesday. Huntington initiated coverage on Realty Income in a research note on Monday. They issued a “strong-buy” rating for the company. Truist Financial raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 14th. Finally, Evercore set a $65.00 price target on Realty Income in a research report on Monday, September 21st. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $71.81.

Realty Income Stock Performance

Shares of O opened at $59.26 on Thursday. Realty Income Corporation has a 1 year low of $53.15 and a 1 year high of $67.93. The company has a market cap of $56.07 billion, a price-to-earnings ratio of 40.87, a price-to-earnings-growth ratio of 4.48 and a beta of 0.65. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.88 and a current ratio of 6.04. The firm has a fifty day moving average of $57.21 and a 200-day moving average of $61.57.

Realty Income (NYSE:O) last released its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. Realty Income had a net margin of 21.85% and a return on equity of 3.27%. The business had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the company earned $1.08 EPS. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. As a group, equities analysts anticipate that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be given a $0.2715 dividend. The ex-dividend date is Friday, October 30th. This represents a $3.26 annualized dividend and a yield of 5.5%. Realty Income’s dividend payout ratio is 224.14%.

Realty Income Company Profile

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.