Realty Income Corporation $O Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lessened its holdings in shares of Realty Income Corporation (NYSE:O) by 10.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 132,350 shares of the real estate investment trust’s stock after selling 14,745 shares during the quarter. Sterling Capital Management LLC’s holdings in Realty Income were worth $8,097,000 as of its most recent filing with the SEC.

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

Analyst Ratings Changes

Several brokerages recently issued reports on O. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. UBS Group set a $67.00 price target on Realty Income in a report on Thursday, June 18th. Cantor Fitzgerald upped their price objective on shares of Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Finally, Mizuho reduced their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $66.75.

Realty Income Price Performance

Shares of NYSE:O opened at $63.17 on Friday. The business’s 50 day simple moving average is $62.15 and its 200-day simple moving average is $61.72. 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 firm has a market capitalization of $58.90 billion, a price-to-earnings ratio of 51.78, a price-to-earnings-growth ratio of 4.84 and a beta of 0.72. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93.

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 (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, June 30th. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is currently 266.39%.

Realty Income News Roundup

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 Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction 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 transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

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.