MAI Capital Management Buys 30,998 Shares of Realty Income Corporation $O

MAI Capital Management lifted its stake in shares of Realty Income Corporation (NYSE:O) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,899 shares of the real estate investment trust’s stock after purchasing an additional 30,998 shares during the quarter. MAI Capital Management’s holdings in Realty Income were worth $16,286,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new position in Realty Income in the second quarter worth approximately $676,500,000. Vanguard Group Inc. raised its position in shares of Realty Income by 2.5% during the second quarter. Vanguard Group Inc. now owns 146,136,211 shares of the real estate investment trust’s stock worth $8,418,907,000 after purchasing an additional 3,624,852 shares during the period. Geode Capital Management LLC grew its position in Realty Income by 8.3% in the 2nd quarter. Geode Capital Management LLC now owns 26,979,134 shares of the real estate investment trust’s stock valued at $1,548,687,000 after purchasing an additional 2,058,031 shares during the period. Schroder Investment Management Group grew its position in Realty Income by 420.0% in the 2nd quarter. Schroder Investment Management Group now owns 2,139,550 shares of the real estate investment trust’s stock valued at $123,259,000 after purchasing an additional 1,728,082 shares during the period. Finally, ABN Amro Investment Solutions bought a new stake in Realty Income during the 2nd quarter valued at $70,939,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Q4 top-line and FFO/AFFO: Revenue grew ~11% year-over-year and AFFO/FFO roughly met consensus, supporting the REIT’s cash generation and dividend coverage. Realty Income’s Q4 AFFO Meets Estimates, Revenues Beat & Rise Y/Y
• Positive Sentiment: Portfolio strength and investment plans: Management flagged high occupancy (stable rent recapture) and is targeting roughly $8B of investments in 2026, signaling growth ambitions. Realty Income targets $8B in 2026 investments while expanding global partnerships
• Positive Sentiment: Analyst upgrades/targets: Royal Bank of Canada and Stifel raised price targets to ~$70 and put outperform/buy ratings on O, providing support to the rally and signaling upside from current levels. Benzinga TickerReport
• Positive Sentiment: Short interest dropped ~18.5% in February (to ~3.0% of float), reducing one potential source of selling pressure and signaling less bearish positioning.
• Neutral Sentiment: Market commentary highlights Realty Income as a reliable dividend name and long-term income holding; these retail-focused features support steady demand but don’t change the near-term earnings debate. 2 Best Dividend Stocks to Buy Now and Hold Forever
• Negative Sentiment: Big EPS miss: Reported EPS of $0.32 vs. consensus ~$1.08 — the miss is a primary reason for the pullback, raising near-term execution concerns despite AFFO staying inline. MarketBeat earnings summary
• Negative Sentiment: Guidance/FFO outlook concerns: Multiple reports note management’s commentary about slowing demand and higher property-management costs, and some coverage says 2026 FFO may come in below Wall Street expectations — a key risk for a dividend-oriented REIT. Realty Income forecasts annual FFO below estimates on slowing demand, higher costs
• Negative Sentiment: Market reaction/coverage: Several outlets note the earnings miss and muted guidance as a reason shares “edged lower” after the report — indicating sentiment and positioning shifted more cautious post-release. Realty Income edges lower on Q4 earnings miss

Realty Income Price Performance

Realty Income stock opened at $65.95 on Thursday. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $67.15. The company’s 50 day moving average price is $60.80 and its two-hundred day moving average price is $59.29. The stock has a market cap of $60.67 billion, a P/E ratio of 56.37, a P/E/G ratio of 3.93 and a beta of 0.79. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.76). The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.69%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, equities analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Friday, February 27th. Realty Income’s payout ratio is presently 300.00%.

Analyst Ratings Changes

A number of research firms have weighed in on O. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Wall Street Zen downgraded Realty Income from a “hold” rating to a “sell” rating in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective for the company in a research note on Tuesday, January 20th. Scotiabank upgraded Realty Income from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $60.00 to $67.00 in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $61.00 target price on shares of Realty Income in a research report on Thursday, December 18th. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $64.27.

Realty Income 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.