299,042 Shares of Realty Income Corporation $O Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Realty Income Corporation (NYSE:O) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 299,042 shares of the real estate investment trust’s stock, valued at approximately $16,238,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. raised its holdings in Realty Income by 12.7% in the 2nd quarter. QRG Capital Management Inc. now owns 84,300 shares of the real estate investment trust’s stock worth $5,223,000 after acquiring an additional 9,518 shares during the period. Meiji Yasuda Asset Management Co Ltd. bought a new stake in Realty Income during the second quarter valued at about $17,203,000. WINTON GROUP Ltd bought a new stake in Realty Income during the second quarter valued at about $936,000. Renaissance Technologies LLC acquired a new stake in shares of Realty Income in the first quarter valued at about $3,147,000. Finally, M3 Wealth Management LLC acquired a new stake in shares of Realty Income in the second quarter valued at about $2,665,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income News Roundup

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

• Positive Sentiment: Third-quarter AFFO was $1.12 per share, up 3.7% year over year and ahead of estimates. Revenue rose 10.3% to $1.62 billion, and management raised 2026 AFFO guidance to $4.45–$4.46 per share. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Positive Sentiment: Royal Bank of Canada raised its price target from $60 to $61 and maintained an “outperform” rating, signaling potential upside from its cited share price. Article: Royal Bank of Canada rating and price target
• Positive Sentiment: Management highlighted broader funding options, including European transactions, private capital and credit investments, which could help support investment despite higher U.S. borrowing costs. Article: Realty Income Q3 Earnings Call Centers on Funding Flexibility
• Neutral Sentiment: The dividend remains supported by cash flow: Realty Income paid out roughly 73% of AFFO and invested $2.6 billion during the quarter at an initial yield of 6.8%. Its long monthly-dividend record reinforces its income appeal, though it does not necessarily imply faster share-price growth. Article: Realty Income Has Paid 676 Consecutive Monthly Dividends
• Negative Sentiment: Despite portfolio expansion and strong occupancy, AFFO per share growth was only 3.7%. That modest pace helps explain why a quarterly beat and higher guidance have not translated into a stronger investor response. Article: Why Isn’t Realty Income’s Stock Taking Off After Strong Earnings Results?
• Negative Sentiment: Higher U.S. borrowing costs remain a headwind for a capital-intensive REIT, potentially pressuring financing economics and limiting the benefit of new investments.

Realty Income Stock Down 0.1%

Shares of NYSE O opened at $57.53 on Wednesday. Realty Income Corporation has a 52-week low of $53.15 and a 52-week high of $67.93. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. The business has a fifty day moving average of $57.29 and a two-hundred day moving average of $61.58. The stock has a market cap of $54.44 billion, a PE ratio of 39.68, a PEG ratio of 4.50 and a beta of 0.65.

Realty Income (NYSE:O) last posted its earnings results on Monday, November 2nd. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.43 billion. Realty Income had a net margin of 21.85% and a return on equity of 3.30%. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.08 EPS. As a group, equities research analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.2715 per share. This represents a $3.26 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Realty Income’s dividend payout ratio is currently 237.96%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on O. Truist Financial upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Wells Fargo & Company dropped their target price on shares of Realty Income from $64.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Huntington assumed coverage on shares of Realty Income in a report on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target for the company. Weiss Ratings lowered shares of Realty Income from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Stifel Nicolaus set a $63.75 price target on shares of Realty Income in a research report on Friday, October 9th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $71.81.

About Realty Income

Realty Income Corporation is a real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties. The company primarily invests in single-tenant properties that are leased to businesses under long-term, net lease agreements, under which tenants generally are responsible for property taxes, insurance and maintenance.

Its portfolio includes retail, grocery, convenience store, industrial, distribution and other commercial properties. Realty Income serves a broad range of tenants and seeks to generate recurring rental income through long-term leases.