Merrithew & Thorsten Inc Makes New Investment in Realty Income Corporation $O

Merrithew & Thorsten Inc bought a new position in Realty Income Corporation (NYSE:O) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 39,189 shares of the real estate investment trust’s stock, valued at approximately $2,209,000. Realty Income comprises 2.3% of Merrithew & Thorsten Inc’s investment portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Wealth Advisors LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $114,000. Koshinski Asset Management Inc. grew its stake in Realty Income by 13.7% in the 4th quarter. Koshinski Asset Management Inc. now owns 8,126 shares of the real estate investment trust’s stock worth $458,000 after acquiring an additional 976 shares during the period. International Assets Investment Management LLC grew its stake in Realty Income by 80.4% in the 4th quarter. International Assets Investment Management LLC now owns 6,739 shares of the real estate investment trust’s stock worth $380,000 after acquiring an additional 3,004 shares during the period. Diversify Wealth Management LLC grew its stake in Realty Income by 31.0% in the 4th quarter. Diversify Wealth Management LLC now owns 52,321 shares of the real estate investment trust’s stock worth $3,099,000 after acquiring an additional 12,393 shares during the period. Finally, Generali Asset Management SPA SGR grew its stake in Realty Income by 198.0% in the 4th quarter. Generali Asset Management SPA SGR now owns 38,119 shares of the real estate investment trust’s stock worth $2,149,000 after acquiring an additional 25,329 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income News Roundup

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

• Positive Sentiment: Q1 results beat expectations, with Realty Income posting FFO/AFFO per share of $1.13 and revenue of $1.55 billion, helped by strong occupancy and active investment activity. Realty Income Announces Operating Results for the Three Months Ended March 31, 2026
• Positive Sentiment: The company raised its 2026 AFFO guidance to $4.41-$4.44 and lifted expected investment volume to about $9.5 billion, signaling confidence in its acquisition pipeline and earnings growth. Realty Income targets $9.5B of 2026 investment volume while raising AFFO per share guidance to $4.41-$4.44
• Positive Sentiment: Analyst coverage remained supportive, with RBC raising its price target to $71 and keeping an outperform rating. Benzinga report on RBC price target increase
• Neutral Sentiment: Realty Income launched a new at-the-market equity program, which gives it more flexibility to fund growth but could also add to share count over time. Realty Income Launches New At-the-Market Equity Program
• Negative Sentiment: Investors are focused on the company’s trimmed annual outlook and concerns that higher interest expense and equity dilution could limit per-share growth, which may weigh on the stock. Realty Income beats Q1 targets but trims annual outlook
• Negative Sentiment: Some analysts downgraded the name to hold, arguing that revenue growth has not translated into faster FFO per share growth and that rising debt and share issuance remain headwinds. Realty Income Q1 Earnings: Topline Growth Met Flat FFO Per Share (Rating Downgrade)

Realty Income Stock Up 0.2%

Shares of NYSE O opened at $61.93 on Friday. Realty Income Corporation has a 52-week low of $54.38 and a 52-week high of $67.93. The firm has a fifty day moving average of $63.55 and a 200-day moving average of $60.79. The stock has a market capitalization of $57.75 billion, a PE ratio of 50.76, a P/E/G ratio of 4.21 and a beta of 0.75. The company has a quick ratio of 1.40, a current ratio of 1.56 and a debt-to-equity ratio of 0.66.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the company earned $1.06 EPS. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be given 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 dividend payout ratio is 266.39%.

Insiders Place Their Bets

In related news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were 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. This represents a 9.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. UBS Group lifted their target price on shares of Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Loop Capital set a $69.00 price objective on shares of Realty Income in a research note on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research note on Monday, April 27th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Six research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $67.27.

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.