Wealthfront Advisers LLC Makes New $17.75 Million Investment in Realty Income Corporation $O

Wealthfront Advisers LLC bought a new stake in Realty Income Corporation (NYSE:O) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 286,483 shares of the real estate investment trust’s stock, valued at approximately $17,750,000.

A number of other hedge funds have also recently made changes to their positions in O. Strategic Wealth Advisors LLC acquired a new position in shares of Realty Income in the second quarter valued at approximately $114,000. First National Bank of Omaha acquired a new stake in Realty Income during the 2nd quarter worth approximately $615,000. Meeder Advisory Services Inc. acquired a new stake in Realty Income during the 2nd quarter worth approximately $900,000. Meeder Asset Management Inc. bought a new stake in Realty Income during the 2nd quarter worth approximately $42,000. Finally, Tiemann Investment Advisors LLC bought a new stake in Realty Income during the 2nd quarter worth approximately $322,000. 70.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on O shares. Jefferies Financial Group initiated coverage on shares of Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price target for the company. UBS Group set a $67.00 price objective on shares of Realty Income in a research note on Thursday, June 18th. Mizuho decreased their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Evercore set a $68.00 target price on Realty Income in a research report on Friday, August 7th. Finally, Huntington assumed coverage on Realty Income in a report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Realty Income has an average rating of “Moderate Buy” and an average price target of $67.42.

Realty Income News Roundup

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

• Positive Sentiment: Monthly dividend reaffirmed: Realty Income declared its 674th consecutive common-stock monthly dividend of $0.2710 per share, payable September 15 to shareholders of record August 31. The annualized payout is $3.252 per share, supporting the stock’s appeal to income investors. Realty Income Announces 674th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Long dividend-growth record highlighted: Coverage emphasizes Realty Income’s roughly 31-year streak of dividend increases and an approximately 5.2% yield. Monthly payments and a long history of rising distributions may attract retirees and other investors seeking dependable cash flow. Realty Income Yields 5.2%. Here’s Why the Payout Keeps Growing.
• Neutral Sentiment: Data-center expansion offers a potential growth avenue: Realty Income is pursuing data-center investments to add scalable growth beyond traditional net-lease properties. The strategy could diversify its portfolio, but its effect on earnings will depend on execution and the pace of development. Realty Income’s Data Center Bet: What Does It Mean for Growth?
• Negative Sentiment: High Treasury yields remain a headwind: The 10-year Treasury yield is reported at 4.63%, raising competition for Realty Income’s approximately 5.2% yield. A narrow yield premium can reduce demand for interest-rate-sensitive REIT shares and pressure valuations.

Realty Income Price Performance

O stock opened at $62.30 on Wednesday. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The firm has a market cap of $58.95 billion, a price-to-earnings ratio of 45.47, a PEG ratio of 4.46 and a beta of 0.71. The company’s fifty day simple moving average is $63.14 and its 200 day simple moving average is $63.13. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business posted $1.05 EPS. The business’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, analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.271 per share. The ex-dividend date is Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 5.2%. Realty Income’s dividend payout ratio is presently 237.23%.

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.