Van Hulzen Asset Management LLC Purchases New Shares in Realty Income Corporation $O

Van Hulzen Asset Management LLC acquired a new stake in Realty Income Corporation (NYSE:O) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,344 shares of the real estate investment trust’s stock, valued at approximately $889,000.

Other large investors have also modified their holdings of the company. EFG International AG acquired a new stake in shares of Realty Income during the 4th quarter valued at about $26,000. Dunhill Financial LLC acquired a new position in Realty Income in the 2nd quarter worth about $27,000. Evolution Wealth Management Inc. boosted 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 purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC acquired a new stake in Realty Income in the fourth quarter valued at approximately $29,000. Finally, Sankala Group LLC purchased a new stake in shares of Realty Income in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Performance

NYSE:O opened at $63.16 on Tuesday. The company’s 50-day moving average price is $63.20 and its 200-day moving average price is $63.19. 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 has a market cap of $59.77 billion, a P/E ratio of 46.10, a P/E/G ratio of 4.44 and a beta of 0.71. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the company earned $1.05 EPS. Realty Income’s revenue was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, sell-side analysts forecast that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.271 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, August 31st. Realty Income’s payout ratio is currently 237.23%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Evercore set a $68.00 target price on Realty Income in a research note on Friday, August 7th. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Scotiabank cut their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Weiss Ratings raised shares of Realty Income from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Finally, Mizuho dropped their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.42.

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.