Patriot Financial Group Insurance Agency LLC Purchases Shares of 15,420 Realty Income Corporation $O

Patriot Financial Group Insurance Agency LLC acquired a new stake in Realty Income Corporation (NYSE:O) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 15,420 shares of the real estate investment trust’s stock, valued at approximately $943,000.

A number of other institutional investors and hedge funds have also made changes to their positions in O. Norges Bank acquired a new stake in Realty Income in the fourth quarter valued at approximately $558,775,000. Morgan Stanley grew its holdings in Realty Income by 21.6% during the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock worth $1,031,080,000 after acquiring an additional 3,252,091 shares in the last quarter. Deutsche Bank AG increased its position in shares of Realty Income by 45.1% in the 4th quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock valued at $281,792,000 after purchasing an additional 1,554,726 shares during the last quarter. State Street Corp increased its position in shares of Realty Income by 2.1% in the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after purchasing an additional 1,295,936 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Realty Income by 52.7% in the 3rd quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock valued at $166,672,000 after purchasing an additional 946,815 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on O shares. Jefferies Financial Group started coverage on shares of Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price objective for the company. Loop Capital set a $69.00 target price on Realty Income in a report on Monday, March 2nd. Scotiabank cut their price target on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Royal Bank Of Canada lifted their price target on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $66.75.

Insider Buying and Selling at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Analysts and bullish commentary highlighted Realty Income’s roughly 5.3% dividend yield and monthly payout schedule, which stand out versus the broader market and may continue to attract income investors.
• Neutral Sentiment: Realty Income priced a €600 million euro-denominated notes offering at 3.625% due 2032, a move that strengthens liquidity and funding flexibility for future investments. Article Title
• Neutral Sentiment: Coverage from multiple outlets revisited a bullish thesis on Realty Income (O), emphasizing its scale, defensive net-lease model, and income-generation profile. Article Title
• Neutral Sentiment: The company also reportedly bought a gas station/Wawa site in Goldsboro, showing continued property investment activity, though the transaction size appears too small to materially move the stock on its own.

Realty Income Trading Down 0.2%

NYSE O opened at $63.00 on Tuesday. 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’s fifty day moving average price is $62.12 and its 200 day moving average price is $61.79. The company has a market capitalization of $58.75 billion, a price-to-earnings ratio of 51.64, a price-to-earnings-growth ratio of 4.93 and a beta of 0.73. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the company earned $1.06 earnings per share. Realty Income’s quarterly revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, sell-side analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.271 dividend. This represents a c) annualized dividend and a dividend yield of 5.2%. 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 (DPR) 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.