Caisse de depot et placement du Quebec Invests $14.42 Million in Realty Income Corporation $O

Caisse de depot et placement du Quebec acquired a new position in Realty Income Corporation (NYSE:O) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 232,680 shares of the real estate investment trust’s stock, valued at approximately $14,417,000.

Several other large investors have also recently added to or reduced their stakes in O. Dunhill Financial LLC acquired a new position in Realty Income during the 2nd quarter worth $27,000. EFG International AG bought a new position in shares of Realty Income in the fourth quarter worth $26,000. Evolution Wealth Management Inc. increased its holdings in shares of Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares during the period. Quattro Advisors LLC acquired a new position in shares of Realty Income during the fourth quarter valued at $29,000. Finally, Sankala Group LLC bought a new stake in shares of Realty Income during the fourth quarter valued at about $32,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

O has been the subject of several research analyst reports. Scotiabank reduced their price objective on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Robert W. Baird raised their target price on shares of Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Monday, July 6th. UBS Group set a $67.00 price target on shares of Realty Income in a research note on Thursday, June 18th. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Evercore set a $68.00 price objective on shares of Realty Income in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.42.

Key Realty Income News

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

• Positive Sentiment: Falling bond yields could improve the appeal of Realty Income’s dividend yield relative to fixed-income alternatives. The company’s diversified net-lease portfolio and monthly distributions make it a potential beneficiary of renewed REIT demand. Could Falling Yields Make REIT Stocks Worth a Second Look?
• Positive Sentiment: Realty Income’s rising adjusted funds from operations, high occupancy and expansion into data centers are cited as support for continued dividend durability, even though payout growth is measured. Realty Income’s Dividend Growth Stays Durable: Should You Buy or Hold?
• Positive Sentiment: Several income-focused articles continue to present Realty Income as a dependable monthly dividend payer and a high-quality REIT for long-term investors, potentially supporting demand from retirees and yield-oriented shareholders. Realty Income: The Best REIT To Own
• Positive Sentiment: Options-writing strategies may offer investors a way to enhance income from Realty Income shares, although this is an investment approach rather than a change to the company’s fundamentals. Realty Income: Long-Term Income Name ‘Enhanced’ Via Options Writing
• Neutral Sentiment: Realty Income’s ordinary-income distributions can create a relatively high tax burden in taxable accounts, making the stock potentially more attractive in tax-advantaged accounts such as Roth IRAs. These 5 Dividend Stocks Lose the Most to Taxes Outside a Roth
• Negative Sentiment: Critics argue that Realty Income’s acquisitions and broader business expansion have not accelerated growth enough, while Lamar Advertising is viewed as having stronger acquisition execution. Lamar’s Acquisition Prowess Outshines Realty Income
• Negative Sentiment: Other commentary suggests investors may find better five-year total-return potential in VICI Properties, increasing competitive pressure on Realty Income among high-yield REITs. Prediction: This High-Yield Dividend Stock Will Outperform Realty Income Over the Next 5 Years

Realty Income Trading Up 0.4%

Shares of Realty Income stock opened at $62.03 on Friday. 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 $58.69 billion, a price-to-earnings ratio of 45.28, a price-to-earnings-growth ratio of 4.39 and a beta of 0.71. The business has a fifty day simple moving average of $63.31 and a 200-day simple moving average of $63.16. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the business posted $1.05 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, equities analysts forecast that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 (DPR) is 237.23%.

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.