Realty Income Corporation $O Shares Acquired by OLD National Bancorp IN

OLD National Bancorp IN lifted its stake in Realty Income Corporation (NYSE:O) by 12.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 135,630 shares of the real estate investment trust’s stock after buying an additional 14,557 shares during the quarter. OLD National Bancorp IN’s holdings in Realty Income were worth $8,298,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stance Capital LLC purchased a new position in Realty Income during the third quarter valued at approximately $27,000. EFG International AG purchased a new stake in Realty Income in the 4th quarter worth approximately $26,000. Evolution Wealth Management Inc. boosted its position in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $29,000. Finally, Ameriflex Group Inc. grew its stake in shares of Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 215 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

O has been the subject of several recent research reports. Cantor Fitzgerald lifted their target price on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, February 27th. Scotiabank lowered their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Barclays raised 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 report on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Finally, Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Realty Income currently has a consensus rating of “Hold” and an average target price of $66.75.

Key Realty Income News

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

• Positive Sentiment: Analysts and commentators highlighted Realty Income’s raised 2026 investment guidance, 7% year-over-year AFFO growth, and nearly 99% lease rate, underscoring healthy operating momentum and dividend support. How Raised 2026 Investment Guidance and AFFO Growth Could Shape Realty Income (O) Investors
• Positive Sentiment: Multiple articles argued that Realty Income remains a strong dividend stock for income investors, citing its resilient business model and above-average yield. 3 Reasons Realty Income Stock Belongs in Every Dividend Investor’s Portfolio
• Positive Sentiment: Another article explained how many shares of Realty Income would be needed to generate $500 in annual dividends, reinforcing interest in the stock as a dependable income generator. Here’s How Many Shares of Realty Income Stock You’d Need to Make $500 in Yearly Dividends
• Neutral Sentiment: Realty Income was also featured in a local real estate article about an $18.9 million property transaction in Fairlawn, Ohio, but the investment impact appears limited without more details on broader portfolio implications. Realty Income Drops $18.9M On Fairlawn Lowe’s Along Akron Retail Corridor

Insider Activity

In related news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares in the company, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

Realty Income Trading Up 1.8%

Shares of O stock opened at $63.17 on Friday. Realty Income Corporation has a 1-year low of $55.86 and a 1-year high of $67.93. The company has a market cap of $58.90 billion, a price-to-earnings ratio of 51.78, a PEG ratio of 4.84 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a 50 day simple moving average of $62.15 and a 200-day simple moving average of $61.72.

Realty Income (NYSE:O) last released its quarterly 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. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities research analysts expect that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.271 dividend. This is a boost from Realty Income’s previous monthly dividend of $0.27. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. 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.