299,042 Shares in Realty Income Corporation $O Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Realty Income Corporation (NYSE:O) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 299,042 shares of the real estate investment trust’s stock, valued at approximately $16,238,000.

Several other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Realty Income during the second quarter valued at $6,997,219,000. State Street Corp increased its holdings in shares of Realty Income by 3.4% in the 2nd quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust’s stock worth $4,102,484,000 after acquiring an additional 2,166,180 shares during the period. Bank of America Corp DE lifted its position in Realty Income by 10.3% in the 2nd quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock valued at $1,184,551,000 after purchasing an additional 1,785,859 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Realty Income by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock valued at $796,457,000 after purchasing an additional 154,581 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in Realty Income in the 2nd quarter valued at about $643,334,000. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of Realty Income stock opened at $57.53 on Wednesday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The company’s 50-day moving average price is $57.29 and its two-hundred day moving average price is $61.58. Realty Income Corporation has a 52 week low of $53.15 and a 52 week high of $67.93. The stock has a market cap of $54.44 billion, a PE ratio of 39.68, a price-to-earnings-growth ratio of 4.50 and a beta of 0.65.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. Realty Income had a net margin of 21.85% and a return on equity of 3.30%. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.08 earnings per share. As a group, sell-side analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a $0.2715 dividend. This represents a $3.26 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s dividend payout ratio is 237.96%.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Third-quarter AFFO was $1.12 per share, up 3.7% year over year and ahead of estimates. Revenue rose 10.3% to $1.62 billion, and management raised 2026 AFFO guidance to $4.45–$4.46 per share. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Positive Sentiment: Royal Bank of Canada raised its price target from $60 to $61 and maintained an “outperform” rating, signaling potential upside from its cited share price. Article: Royal Bank of Canada rating and price target
• Positive Sentiment: Management highlighted broader funding options, including European transactions, private capital and credit investments, which could help support investment despite higher U.S. borrowing costs. Article: Realty Income Q3 Earnings Call Centers on Funding Flexibility
• Neutral Sentiment: The dividend remains supported by cash flow: Realty Income paid out roughly 73% of AFFO and invested $2.6 billion during the quarter at an initial yield of 6.8%. Its long monthly-dividend record reinforces its income appeal, though it does not necessarily imply faster share-price growth. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Negative Sentiment: Despite portfolio expansion and strong occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why a quarterly beat and higher guidance have not translated into a stronger investor response. Article: Why Isn’t Realty Income’s Stock Taking Off After Strong Earnings Results?
• Negative Sentiment: Higher U.S. borrowing costs remain a headwind for a capital-intensive REIT, potentially pressuring financing economics and limiting the benefit of new investments.

Analysts Set New Price Targets

A number of research firms have issued reports on O. Royal Bank Of Canada boosted their target price on shares of Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a research note on Tuesday. Huntington initiated coverage on shares of Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target on the stock. Scotiabank cut Realty Income from a “sector outperform” rating to a “sector perform” rating and cut their price target for the company from $67.00 to $59.00 in a report on Wednesday, September 23rd. Truist Financial upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 14th. Finally, Weiss Ratings downgraded Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.81.

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.