Wealthfront Advisers LLC Takes $17.75 Million Position in Realty Income Corporation $O

Wealthfront Advisers LLC bought a new stake in shares of Realty Income Corporation (NYSE:O) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 286,483 shares of the real estate investment trust’s stock, valued at approximately $17,750,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in 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 worth $326,000 after purchasing an additional 615 shares during the period. Bison Wealth LLC acquired a new position in shares of Realty Income during the fourth quarter valued at about $571,000. Empowered Funds LLC boosted its position in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after purchasing an additional 1,330 shares in the last quarter. Woodline Partners LP boosted its position in shares of Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after purchasing an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of Realty Income by 14.9% in the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after buying an additional 3,290 shares during the period. 70.81% of the stock is owned by institutional investors.

Trending Headlines about Realty Income

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

• Positive Sentiment: Monthly dividend reaffirmed: Realty Income declared its 674th consecutive common-stock monthly dividend of $0.2710 per share, payable September 15 to shareholders of record August 31. The annualized payout is $3.252 per share, supporting the stock’s appeal to income investors. Realty Income Announces 674th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Long dividend-growth record highlighted: Coverage emphasizes Realty Income’s roughly 31-year streak of dividend increases and an approximately 5.2% yield. Monthly payments and a long history of rising distributions may attract retirees and other investors seeking dependable cash flow. Realty Income Yields 5.2%. Here’s Why the Payout Keeps Growing.
• Neutral Sentiment: Data-center expansion offers a potential growth avenue: Realty Income is pursuing data-center investments to add scalable growth beyond traditional net-lease properties. The strategy could diversify its portfolio, but its effect on earnings will depend on execution and the pace of development. Realty Income’s Data Center Bet: What Does It Mean for Growth?
• Negative Sentiment: High Treasury yields remain a headwind: The 10-year Treasury yield is reported at 4.63%, raising competition for Realty Income’s approximately 5.2% yield. A narrow yield premium can reduce demand for interest-rate-sensitive REIT shares and pressure valuations.

Realty Income Trading Down 0.2%

Shares of O stock opened at $62.30 on Wednesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. The company has a market capitalization of $58.95 billion, a price-to-earnings ratio of 45.47, a PEG ratio of 4.46 and a beta of 0.71. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. The company has a 50-day simple moving average of $63.14 and a two-hundred day simple moving average of $63.13.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting the consensus estimate of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the firm earned $1.05 EPS. The company’s quarterly revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Research analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, August 31st. Realty Income’s dividend payout ratio (DPR) is presently 237.23%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on O. Barclays decreased their target price on Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. Jefferies Financial Group assumed coverage on Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 price target on the stock. UBS Group set a $67.00 price objective on Realty Income in a research note on Thursday, June 18th. Stifel Nicolaus set a $70.75 price objective on Realty Income in a report on Tuesday, June 30th. Finally, Robert W. Baird upped their target price on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Realty Income presently has an average rating of “Moderate Buy” and an average target price of $67.42.

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.