Horizon Investments LLC Sells 13,993 Shares of Realty Income Corporation $O

Horizon Investments LLC cut its holdings in Realty Income Corporation (NYSE:O) by 48.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,616 shares of the real estate investment trust’s stock after selling 13,993 shares during the period. Horizon Investments LLC’s holdings in Realty Income were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Essex Bank raised its position in shares of Realty Income by 6.4% in the 4th quarter. Essex Bank now owns 5,847 shares of the real estate investment trust’s stock worth $330,000 after acquiring an additional 350 shares in the last quarter. Danske Bank A S raised its position in shares of Realty Income by 20.3% in the 4th quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock worth $32,025,000 after acquiring an additional 95,773 shares in the last quarter. Mission Hills Financial Advisory LLC raised its position in shares of Realty Income by 12.3% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 4,935 shares of the real estate investment trust’s stock worth $278,000 after acquiring an additional 539 shares in the last quarter. Mutual Advisors LLC raised its position in shares of Realty Income by 8.2% in the 4th quarter. Mutual Advisors LLC now owns 97,239 shares of the real estate investment trust’s stock worth $5,481,000 after acquiring an additional 7,333 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in shares of Realty Income by 1.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 118,472 shares of the real estate investment trust’s stock worth $6,678,000 after acquiring an additional 1,847 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Performance

Shares of O opened at $62.09 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a 50 day moving average price of $63.55 and a two-hundred day moving average price of $60.79. The firm has a market capitalization of $57.89 billion, a P/E ratio of 50.89, a P/E/G ratio of 4.33 and a beta of 0.75. Realty Income Corporation has a 52 week low of $54.38 and a 52 week high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a return on equity of 2.83% and a net margin of 18.94%.The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be issued a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, April 30th. Realty Income’s payout ratio is currently 265.57%.

Realty Income News Roundup

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

• Positive Sentiment: Q1 operating beat and active deployment — Realty Income reported FFO/AFFO and revenue above estimates, delivered 98.9% occupancy, and invested about $2.8B in Q1 at attractive initial yields; management raised AFFO guidance for 2026. MarketBeat Q1 report & slides
• Positive Sentiment: Upsized investment plan and private capital expansion — Realty Income increased its 2026 investment-volume target (now targeting ~$9.5B) and announced private-capital partnerships (Apollo, GIC, US Core Plus Fund) to scale deal flow and fee-bearing channels. Yahoo Finance: Higher AFFO guidance & private capital
• Positive Sentiment: Analyst upgrade — RBC Capital raised its price target to $71 and set an Outperform rating, implying meaningful upside from current levels and providing support for the stock. TickerReport: RBC raises price target
• Neutral Sentiment: Dividend narrative and retail coverage — Numerous outlets and dividend-focused pieces cite Realty Income as a core monthly-income holding; helpful for retail demand but not immediately catalytic. Fool: Dividend income piece
• Neutral Sentiment: Comparative coverage — Articles comparing Realty Income to higher-yield, riskier REITs (e.g., AGNC) underline Realty’s steadiness but also highlight yield trade-offs for income investors. 247WallSt: Realty Income vs AGNC
• Negative Sentiment: Slight miss vs. EPS consensus on FY guidance — Realty Income set FY 2026 EPS guidance of $4.41–$4.44, a touch below the Street’s $4.45 consensus, prompting some sell-side caution and headlines about a “disappointing” guide despite AFFO strength. Seeking Alpha: Guidance disappoints

Analyst Upgrades and Downgrades

O has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research report on Tuesday, January 20th. Loop Capital set a $69.00 target price on Realty Income in a research report on Monday, March 2nd. Scotiabank boosted their target price on Realty Income from $67.00 to $69.00 and gave the company a “sector outperform” rating in a research report on Wednesday, March 11th. UBS Group boosted their target price on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Finally, Royal Bank Of Canada boosted their target price on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.27.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

About Realty Income

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.