Realty Income Corporation $O Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its position in Realty Income Corporation (NYSE:O) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 178,679 shares of the real estate investment trust’s stock after purchasing an additional 11,229 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Realty Income were worth $10,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Patrick M Sweeney & Associates Inc. boosted its holdings in Realty Income by 4.5% in the 4th quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 164 shares during the last quarter. Sage Private Wealth Group LLC boosted its holdings in Realty Income by 2.2% in the 4th quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock valued at $442,000 after purchasing an additional 170 shares during the last quarter. Trust Investment Advisors boosted its holdings in Realty Income by 0.8% in the 4th quarter. Trust Investment Advisors now owns 23,266 shares of the real estate investment trust’s stock valued at $1,311,000 after purchasing an additional 178 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in Realty Income by 21.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,097 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 193 shares during the last quarter. Finally, Manske Wealth Management raised its stake in shares of Realty Income by 1.8% in the 3rd quarter. Manske Wealth Management now owns 11,331 shares of the real estate investment trust’s stock valued at $689,000 after acquiring an additional 202 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of O opened at $62.14 on Friday. Realty Income Corporation has a fifty-two week low of $55.03 and a fifty-two week high of $67.93. The firm’s 50 day moving average price is $62.71 and its 200 day moving average price is $60.97. The company has a market cap of $57.94 billion, a P/E ratio of 50.93, a PEG ratio of 4.84 and a beta of 0.75. 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 announced 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. 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 for the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the firm earned $1.06 EPS. The firm’s revenue for the quarter 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, research analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.2705 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s dividend payout ratio is presently 266.39%.

Insiders Place Their Bets

In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on O shares. Cantor Fitzgerald boosted their price target on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Barclays boosted their price target on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Royal Bank Of Canada boosted their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley set a $67.00 price target on shares of Realty Income in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $67.35.

More 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

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.