77,368 Realty Income Corporation $O Shares Purchased by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA raised its position in Realty Income Corporation (NYSE:O) by 17.5% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 520,679 shares of the real estate investment trust’s stock after buying an additional 77,368 shares during the period. Pictet Asset Management Holding SA owned about 0.06% of Realty Income worth $28,273,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in O. International Assets Investment Management LLC boosted its holdings in Realty Income by 165.1% in the third quarter. International Assets Investment Management LLC now owns 25,000 shares of the real estate investment trust’s stock valued at $1,358,000 after acquiring an additional 15,569 shares during the last quarter. Pathway Financial Advisers LLC increased its position in Realty Income by 3.2% in the third quarter. Pathway Financial Advisers LLC now owns 106,492 shares of the real estate investment trust’s stock worth $5,782,000 after purchasing an additional 3,296 shares during the period. Chicago Partners Investment Group LLC raised its holdings in Realty Income by 290.3% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 41,929 shares of the real estate investment trust’s stock worth $2,385,000 after purchasing an additional 31,185 shares during the last quarter. Ascent Group LLC raised its holdings in Realty Income by 33.0% during the 3rd quarter. Ascent Group LLC now owns 16,490 shares of the real estate investment trust’s stock worth $895,000 after purchasing an additional 4,088 shares during the last quarter. Finally, Compass Financial Management LLC raised its holdings in Realty Income by 5.5% during the 3rd quarter. Compass Financial Management LLC now owns 6,974 shares of the real estate investment trust’s stock worth $379,000 after purchasing an additional 364 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Stock Up 0.1%

NYSE:O opened at $59.60 on Thursday. The company has a quick ratio of 6.04, a current ratio of 6.04 and a debt-to-equity ratio of 0.74. Realty Income Corporation has a 12-month low of $53.15 and a 12-month high of $67.93. The stock’s fifty day simple moving average is $56.98 and its 200-day simple moving average is $61.52. The firm has a market capitalization of $56.68 billion, a P/E ratio of 13.47, a P/E/G ratio of 4.27 and a beta of 0.65.

Realty Income (NYSE:O) last released its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.02. The business had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.43 billion. Realty Income had a return on equity of 3.27% and a net margin of 21.85%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.08 earnings per share. Equities research analysts expect that Realty Income Corporation will post 4.50 earnings per share for the current year.

Realty Income Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.2740 per share. This represents a $3.29 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Monday, November 30th. This is an increase from Realty Income’s previous monthly dividend of $0.2715. Realty Income’s dividend payout ratio is presently 224.83%.

Analysts Set New Price Targets

A number of research firms have issued reports on O. Stifel Nicolaus set a $63.75 target price on shares of Realty Income in a research report on Friday, October 9th. Truist Financial lifted their price target on shares of Realty Income from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Tuesday. Cantor Fitzgerald dropped their price target on shares of Realty Income from $68.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, November 5th. Evercore set a $65.00 price target on shares of Realty Income in a research note on Monday, September 21st. Finally, Wells Fargo & Company cut 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 report on Monday, October 19th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Realty Income has a consensus rating of “Hold” and an average price target of $71.69.

Recent Realty Income Headlines

These are some of the O headlines that stood out recently:

• Positive Sentiment: The company reportedly raised its 2026 AFFO outlook and more than doubled loan income to $105 million. The improved outlook and growing lending income may support earnings and diversify revenue, though investors will want to assess the risks of expanding this business. Realty Income Doubled Its Loan Income to $105 Million
• Neutral Sentiment: Truist raised its price target from $60 to $63 but kept a Hold rating, suggesting only modest potential upside in its view. Truist Financial price target update
• Negative Sentiment: A recent fair-value estimate was cut from $64.87 to $63.25 as analysts tempered growth expectations. Higher rates and funding costs could weigh on property-sector valuations and make Realty Income’s yield less attractive relative to bonds. Realty Income Stock Sees Modest Fair Value Cut

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages commercial properties leased to businesses. Its portfolio includes retail, industrial, gaming, and other properties, typically leased under long-term net lease agreements in which tenants are responsible for many property operating expenses. Founded in 1969, Realty Income is known as “The Monthly Dividend Company” for its monthly dividend payments. The company serves tenants across the United States and has expanded its property portfolio into Europe.