33,893 Shares in Realty Income Corporation $O Bought by Dickmeyer Boyce Financial Management Inc.

Dickmeyer Boyce Financial Management Inc. acquired a new position in shares of Realty Income Corporation (NYSE:O) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 33,893 shares of the real estate investment trust’s stock, valued at approximately $2,074,000. Realty Income comprises about 1.2% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 24th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gibbs Wealth Management acquired a new stake in shares of Realty Income during the first quarter worth about $261,000. Lido Advisors LLC raised its stake in Realty Income by 119.1% during the 1st quarter. Lido Advisors LLC now owns 124,300 shares of the real estate investment trust’s stock valued at $7,639,000 after acquiring an additional 67,557 shares during the last quarter. Prestige Wealth Management Group LLC lifted its position in Realty Income by 1,408.5% during the 1st quarter. Prestige Wealth Management Group LLC now owns 13,290 shares of the real estate investment trust’s stock worth $813,000 after acquiring an additional 12,409 shares during the period. Goepper Burkhardt LLC lifted its position in Realty Income by 2.5% during the 1st quarter. Goepper Burkhardt LLC now owns 37,667 shares of the real estate investment trust’s stock worth $2,304,000 after acquiring an additional 911 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Realty Income by 5.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 187,759 shares of the real estate investment trust’s stock valued at $11,487,000 after purchasing an additional 9,080 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, July 6th. Jefferies Financial Group began coverage on shares of Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 target price for the company. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a report on Monday, April 27th. Finally, Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.11.

Realty Income News Summary

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

• Positive Sentiment: Market commentary says Realty Income’s move into data centers could significantly boost dividend growth over the next decade by opening a new, higher-growth property segment. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Positive Sentiment: Several articles continue to emphasize Realty Income’s reputation as a dependable monthly dividend payer with a long history of uninterrupted distributions, supporting its appeal to income-focused investors. The Set It and Forget It Monthly Dividend Stocks Retirees Wish They’d Bought 20 Years Ago
• Positive Sentiment: A Cincinnati-area property purchase for $32 million suggests Realty Income is still actively deploying capital into income-producing real estate, which can support future cash flow. Publicly traded real estate firm buys Cincinnati-area property for $32M, nearly double last sale price
• Neutral Sentiment: Barclays kept a Hold rating on Realty Income, which does not signal a major near-term catalyst either way. Barclays Remains a Hold on Realty Income (O)
• Neutral Sentiment: Recent “trending stock” coverage indicates rising investor interest, but the articles mainly reiterate known facts rather than introducing a new fundamental driver. Realty Income Corporation (O) Is a Trending Stock: Facts to Know Before Betting on It

Realty Income Price Performance

Realty Income stock opened at $64.71 on Friday. The company has a market cap of $60.34 billion, a P/E ratio of 53.04, a price-to-earnings-growth ratio of 5.07 and a beta of 0.72. Realty Income Corporation has a one year low of $55.86 and a one year high of $67.93. The business has a fifty day moving average of $62.36 and a two-hundred day moving average of $62.68. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

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

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio is presently 266.39%.

Realty Income Company 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.