Manning & Napier Advisors LLC Has $10.23 Million Stock Position in Realty Income Corporation $O

Manning & Napier Advisors LLC grew its stake in shares of Realty Income Corporation (NYSE:O) by 49.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 181,540 shares of the real estate investment trust’s stock after purchasing an additional 60,000 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Realty Income were worth $10,233,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Crossmark Global Holdings Inc. increased its position in shares of Realty Income by 43.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 49,841 shares of the real estate investment trust’s stock worth $2,810,000 after purchasing an additional 15,037 shares during the last quarter. Ethic Inc. increased its position in shares of Realty Income by 2.9% during the 4th quarter. Ethic Inc. now owns 99,516 shares of the real estate investment trust’s stock worth $5,610,000 after purchasing an additional 2,775 shares during the last quarter. Ballentine Partners LLC increased its position in shares of Realty Income by 13.4% during the 4th quarter. Ballentine Partners LLC now owns 18,872 shares of the real estate investment trust’s stock worth $1,064,000 after purchasing an additional 2,230 shares during the last quarter. Channel Wealth LLC increased its stake in shares of Realty Income by 2.2% during the 4th quarter. Channel Wealth LLC now owns 14,104 shares of the real estate investment trust’s stock worth $795,000 after purchasing an additional 307 shares during the last quarter. Finally, Costello Asset Management INC acquired a new position in shares of Realty Income during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Up 0.2%

Realty Income stock opened at $61.93 on Friday. The stock has a market cap of $57.75 billion, a P/E 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 Corporation has a twelve month low of $54.38 and a twelve month high of $67.93. The company’s 50-day moving average price is $63.55 and its two-hundred day moving average price is $60.79.

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

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be issued a $0.2705 dividend. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, April 30th. Realty Income’s dividend payout ratio is currently 266.39%.

More Realty Income News

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)

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. This represents a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on O shares. Barclays boosted their price objective on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Cantor Fitzgerald boosted their target price on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Friday, February 27th. 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, Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. 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 data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $67.27.

Realty Income 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.