Realty Income Corporation $O Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in Realty Income Corporation (NYSE:O) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,763,439 shares of the real estate investment trust’s stock after selling 126,799 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.29% of Realty Income worth $150,055,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its holdings in Realty Income by 12.7% in the second quarter. QRG Capital Management Inc. now owns 84,300 shares of the real estate investment trust’s stock valued at $5,223,000 after purchasing an additional 9,518 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. purchased a new position in Realty Income in the second quarter valued at approximately $17,203,000. WINTON GROUP Ltd purchased a new position in Realty Income in the second quarter valued at approximately $936,000. Renaissance Technologies LLC acquired a new stake in Realty Income during the first quarter worth approximately $3,147,000. Finally, M3 Wealth Management LLC purchased a new stake in shares of Realty Income during the 2nd quarter worth approximately $2,665,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Key Realty Income News

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

• Positive Sentiment: Realty Income is scheduled to report third-quarter results on Nov. 2 after the market close. Analysts expect adjusted funds from operations of $1.11 per share and revenue of approximately $1.58 billion. A beat, constructive guidance or evidence of continued rent and occupancy strength could support the shares. Should You Buy, Hold or Sell Realty Income Stock Before Q3 Earnings?
• Positive Sentiment: The company has raised its full-year outlook during 2026, reinforcing the appeal of its monthly dividend and providing some fundamental support. Investors will focus on whether the upcoming report confirms that guidance remains achievable. Realty Income and Agree Realty Both Raised Guidance
• Neutral Sentiment: Pre-earnings previews suggest Realty Income’s business is changing, with investors assessing its property mix, acquisition strategy and potential expansion into newer areas such as data centers. The strategic shift could create longer-term growth, but execution and capital-allocation details remain important. Realty Income Q3 Earnings Preview
• Negative Sentiment: Several analyses argue that Realty Income may be trading above fair value relative to its current earnings power. That leaves less room for disappointment if AFFO, revenue, occupancy or 2026 guidance fall short of expectations. Realty Income May Sit Above Fair Value Before November 2
• Negative Sentiment: Commentary also portrays Realty Income as taking a more conservative approach to acquisitions to protect its balance sheet. While financially prudent, fewer deals could limit external growth and make the stock more dependent on rent increases and internal cash-flow growth. Which Dividend Looks Stronger?

Realty Income Price Performance

Shares of NYSE O opened at $56.99 on Monday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a twelve month low of $53.15 and a twelve month high of $67.93. The stock has a 50 day moving average of $57.50 and a two-hundred day moving average of $61.60. The stock has a market cap of $53.92 billion, a P/E ratio of 41.60, a P/E/G ratio of 4.44 and a beta of 0.69.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.09. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be given a dividend of $0.2715 per share. This represents a $3.26 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s dividend payout ratio (DPR) is presently 237.23%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on O. Wells Fargo & Company lowered their target price on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating for the company in a report on Monday, October 19th. Evercore set a $65.00 price target on shares of Realty Income in a research note on Monday, September 21st. Royal Bank Of Canada reduced their price target on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, August 7th. Barclays decreased their price objective on shares of Realty Income from $65.00 to $61.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 20th. Finally, Robert W. Baird raised their price objective on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $72.34.

Realty Income 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.