Savant Capital LLC Raises Stock Holdings in Realty Income Corporation $O

Savant Capital LLC increased its position in Realty Income Corporation (NYSE:O) by 223.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 79,039 shares of the real estate investment trust’s stock after purchasing an additional 54,620 shares during the period. Savant Capital LLC’s holdings in Realty Income were worth $4,455,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Moors & Cabot Inc. increased its stake in shares of Realty Income by 5.6% in the fourth quarter. Moors & Cabot Inc. now owns 25,643 shares of the real estate investment trust’s stock worth $1,445,000 after buying an additional 1,363 shares during the period. Intech Investment Management LLC increased its stake in shares of Realty Income by 54.9% in the fourth quarter. Intech Investment Management LLC now owns 46,297 shares of the real estate investment trust’s stock worth $2,610,000 after buying an additional 16,412 shares during the period. Foundations Investment Advisors LLC increased its stake in shares of Realty Income by 49.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 31,609 shares of the real estate investment trust’s stock worth $1,782,000 after buying an additional 10,480 shares during the period. Geode Capital Management LLC increased its stake in shares of Realty Income by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock worth $1,655,991,000 after buying an additional 793,100 shares during the period. Finally, ICW Investment Advisors LLC increased its stake in shares of Realty Income by 2.1% in the fourth quarter. ICW Investment Advisors LLC now owns 35,987 shares of the real estate investment trust’s stock worth $2,029,000 after buying an additional 746 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Stock Performance

Shares of Realty Income stock opened at $61.31 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $57.17 billion, a P/E ratio of 50.25, a P/E/G ratio of 4.78 and a beta of 0.75. The business has a fifty day simple moving average of $62.48 and a two-hundred day simple moving average of $61.16. Realty Income Corporation has a 12 month low of $55.52 and a 12 month high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.03. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. Realty Income’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the business earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities 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 declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.2705 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Wall Street Analysts Forecast Growth

O has been the topic of several analyst reports. Barclays lifted their target price on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Loop Capital set a $69.00 price objective on shares of Realty Income in a research report on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Stifel Nicolaus boosted their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Realty Income has a consensus rating of “Hold” and an average price target of $67.35.

Insider Activity

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

Realty Income 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.