Parallel Advisors LLC Sells 39,968 Shares of Realty Income Corporation $O

Parallel Advisors LLC trimmed its position in shares of Realty Income Corporation (NYSE:O) by 22.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 138,369 shares of the real estate investment trust’s stock after selling 39,968 shares during the period. Parallel Advisors LLC’s holdings in Realty Income were worth $8,411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC bought a new position in shares of Realty Income in the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC increased its stake in shares of Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 422 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Realty Income in the 2nd quarter valued at about $31,000. Finally, Country Trust Bank lifted its stake in Realty Income by 806.5% in the 2nd quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 500 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Up 0.2%

Shares of O opened at $64.96 on Friday. The firm has a market cap of $60.57 billion, a P/E ratio of 55.52, a price-to-earnings-growth ratio of 3.87 and a beta of 0.77. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $67.93. The firm’s 50-day simple moving average is $62.16 and its 200 day simple moving average is $59.70.

Realty Income (NYSE:O) last issued its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business posted $1.05 earnings per share. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, analysts forecast that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a dividend of $0.27 per share. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, February 27th. Realty Income’s dividend payout ratio (DPR) is presently 276.92%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on O. Barclays lifted their price target on Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 3rd. Evercore reaffirmed a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. Wells Fargo & Company lifted their target price on Realty Income from $59.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Stifel Nicolaus boosted their target price on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and issued a $61.00 price target on shares of Realty Income in a research note on Thursday, December 18th. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $65.18.

More Realty Income News

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

• Positive Sentiment: Portfolio/occupancy resilience — Realty Income reported ~98.9% occupancy across its 15,000+ properties with strong tenant retention and rising rent recapture, supporting stable cash flow and dividend coverage. Occupancy Strength at Realty Income: Will the Stability Last?
• Positive Sentiment: Rate tailwind thesis — Analysts and commentary argue that falling rate expectations for 2026 could materially improve Realty Income’s valuation and total-return outlook, since lower rates typically re-rate net-lease REIT multiples. Realty Income Could Soar as 2026 Rate Expectations Shift
• Positive Sentiment: Macro setup favors REITs — broader coverage highlights that REITs, including Realty Income, are positioned to benefit if interest rates move down, giving a potential catalyst for multiple expansion. Interest Rates Are Heading Down — These 3 Stocks Win Big When They Do
• Positive Sentiment: Diversified tenant base — Coverage stresses Realty Income’s tenant mix (roughly 1,700 clients across ~90 industries), which supports steady rent collections and lowers single-tenant concentration risk. Are Diversified Tenants at Realty Income Supporting Stable Income?
• Neutral Sentiment: Dividend/yield context — Comparisons to high-yield mortgage REITs (e.g., AGNC) highlight that Realty Income offers lower yield but more dividend durability; useful for relative-allocation decisions but not an immediate catalyst. Better Dividend Stock: AGNC Investment vs. Realty Income
• Neutral Sentiment: Investor attention/coverage — Screening and “most-searched” pieces note elevated retail interest in O; this can boost liquidity but doesn’t guarantee directional moves. Realty Income Corporation (O) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Leadership turnover — Executive VP & Chief Legal Officer Michelle Bushore is resigning; the search for a successor and transition risks could create short-term governance/legal continuity concerns. Realty Income (O) Announces Michelle Bushore’s Resignation, Search for Chief Legal Officer Successor
• Negative Sentiment: Analyst view: upside limited — Freedom Capital downgraded O to Hold (from Buy) while nudging the target higher, arguing limited upside at current levels; such notes can temper momentum. Freedom Capital Downgrades Realty Income (O), Says Upside Appears Limited at Current Levels
• Negative Sentiment: Analyst skepticism on growth — Comparative pieces note that while O has outperformed peers, some analysts remain cautious on further growth potential, which could cap upside until clearer catalysts appear. How Is Realty Income’s Stock Performance Compared to Other Real Estate Stocks?

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.