Pictet Asset Management Holding SA Purchases 77,368 Shares of Realty Income Corporation $O

Pictet Asset Management Holding SA lifted its position in shares of Realty Income Corporation (NYSE:O) by 17.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 520,679 shares of the real estate investment trust’s stock after purchasing an additional 77,368 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Realty Income were worth $28,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in O. BlackRock Inc. bought a new stake in shares of Realty Income in the 2nd quarter valued at $6,997,219,000. State Street Corp grew its stake in Realty Income by 3.4% in the second quarter. State Street Corp now owns 65,929,425 shares of the real estate investment trust’s stock valued at $4,102,484,000 after acquiring an additional 2,166,180 shares during the period. Bank of America Corp DE grew its stake in Realty Income by 10.3% in the second quarter. Bank of America Corp DE now owns 19,117,994 shares of the real estate investment trust’s stock valued at $1,184,551,000 after acquiring an additional 1,785,859 shares during the period. Dimensional Fund Advisors LP grew its stake in Realty Income by 1.2% in the first quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock valued at $796,457,000 after acquiring an additional 154,581 shares during the period. Finally, Legal & General Group Plc acquired a new position in Realty Income in the second quarter valued at about $643,334,000. 70.81% of the stock is owned by institutional investors.

Top Realty Income Stories

Here are a few of the latest stories about O:

• Positive Sentiment: Realty Income raised its monthly dividend 0.9%, from $0.2715 to $0.2740 per share, marking its 137th increase since 1994. The new rate is equivalent to $3.288 annually and a roughly 5.6% yield. Articles cite AFFO growth and strong occupancy as support for the payout. Realty Income’s Dividend Growth: Can Strong AFFO Sustain It?
• Positive Sentiment: The company reportedly raised its 2026 AFFO outlook and more than doubled loan income to $105 million. The improved outlook and growing lending income may support earnings and diversify revenue, though investors will want to assess the risks of expanding this business. Realty Income Doubled Its Loan Income to $105 Million
• Neutral Sentiment: Truist raised its price target from $60 to $63 but kept a Hold rating, suggesting only modest potential upside in its view. Truist Financial price target update

Realty Income Trading Up 0.1%

O opened at $59.60 on Thursday. The stock has a market capitalization of $56.68 billion, a P/E ratio of 13.47, a P/E/G ratio of 4.27 and a beta of 0.65. Realty Income Corporation has a 12 month low of $53.15 and a 12 month high of $67.93. The firm’s fifty day simple moving average is $56.98 and its 200 day simple moving average is $61.52. The company has a current ratio of 6.04, a quick ratio of 6.04 and a debt-to-equity ratio of 0.74.

Realty Income (NYSE:O) last released its quarterly earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.02. The firm had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.43 billion. Realty Income had a return on equity of 3.27% and a net margin of 21.85%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.08 EPS. As a group, research analysts anticipate that Realty Income Corporation will post 4.50 EPS for the current fiscal year.

Realty Income Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a $0.2740 dividend. This represents a $3.29 annualized dividend and a yield of 5.5%. The ex-dividend date is Monday, November 30th. This is an increase from Realty Income’s previous monthly dividend of $0.2715. Realty Income’s dividend payout ratio (DPR) is presently 224.83%.

Analysts Set New Price Targets

O has been the topic of a number of research analyst reports. Weiss Ratings lowered Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 30th. Cantor Fitzgerald cut their price objective on Realty Income from $68.00 to $63.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Truist Financial boosted their price objective on Realty Income from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Tuesday. Stifel Nicolaus set a $63.75 target price on Realty Income in a research note on Friday, October 9th. Finally, Barclays dropped their target price on shares of Realty Income from $65.00 to $61.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $71.69.

Realty Income Profile

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages commercial properties leased to businesses. Its portfolio includes retail, industrial, gaming, and other properties, typically leased under long-term net lease agreements in which tenants are responsible for many property operating expenses. Founded in 1969, Realty Income is known as “The Monthly Dividend Company” for its monthly dividend payments. The company serves tenants across the United States and has expanded its property portfolio into Europe.