Realty Income Corporation $O Shares Bought by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC raised its position in Realty Income Corporation (NYSE:O) by 38.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,808 shares of the real estate investment trust’s stock after purchasing an additional 8,591 shares during the period. Kesler Norman & Wride LLC’s holdings in Realty Income were worth $1,737,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in O. Brighton Jones LLC lifted its position in shares of Realty Income by 11.2% in the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after acquiring an additional 615 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of Realty Income in the fourth quarter valued at $571,000. Empowered Funds LLC lifted its position in shares of Realty Income by 8.0% in the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 1,330 shares in the last quarter. Woodline Partners LP lifted its position in shares of Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after acquiring an additional 3,290 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Scotiabank restated an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. Barclays increased their target price on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. UBS Group upgraded Realty Income to a “hold” rating in a research report on Monday. Royal Bank Of Canada increased their target price on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Jefferies Financial Group assumed coverage on Realty Income in a research report on Monday. They set a “buy” rating and a $69.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Realty Income presently has an average rating of “Moderate Buy” and an average price target of $67.46.

Realty Income Stock Performance

NYSE O opened at $59.87 on Wednesday. The business’s 50-day moving average price is $62.42 and its 200 day moving average price is $61.21. Realty Income Corporation has a twelve month low of $55.52 and a twelve month high of $67.93. The company has a market capitalization of $55.83 billion, a PE ratio of 49.08, a price-to-earnings-growth ratio of 4.65 and a beta of 0.72. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

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

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.2705 per share. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a yield of 5.4%. Realty Income’s dividend payout ratio is currently 266.39%.

Key Realty Income News

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

• Positive Sentiment: Jefferies upgraded Realty Income to strong-buy and set a $69 price target, signaling confidence in further upside for the REIT. Article: Street Insider
• Positive Sentiment: Multiple articles highlighted Realty Income’s monthly dividend and “set-it-and-forget-it” income profile, reinforcing its appeal to income-focused investors. Article: 2 Stocks to Buy Now for a Lifetime of Passive Income — Starting Immediately
• Positive Sentiment: Coverage framed Realty Income as a strong fit for retirement and tax-advantaged accounts like a Roth IRA, underscoring demand for its steady yield and income reliability. Article: Realty Income in a Roth IRA: The Smartest Way to Own This Monthly Dividend Machine
• Neutral Sentiment: Recent commentary also discussed Realty Income’s valuation after a pullback, suggesting the stock may be balancing steady income appeal against mixed short-term price momentum. Article: Assessing Realty Income (O) Valuation After Recent Share Price Pullback And Mixed Undervaluation Signals
• Neutral Sentiment: Search interest and repeated articles about the stock’s dividend profile reflect ongoing investor attention, but do not add a clear new catalyst on their own. Article: Investors Heavily Search Realty Income Corporation (O): Here is What You Need to Know

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by corporate 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.