Perigon Wealth Management LLC Makes New $1.20 Million Investment in Realty Income Corporation $O

Perigon Wealth Management LLC acquired a new position in shares of Realty Income Corporation (NYSE:O) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,371 shares of the real estate investment trust’s stock, valued at approximately $1,200,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of O. EFG International AG bought a new stake in Realty Income in the fourth quarter worth $26,000. Evolution Wealth Management Inc. lifted its position in 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 last quarter. Quattro Advisors LLC bought a new position in Realty Income during the fourth quarter valued at $29,000. Sankala Group LLC purchased a new position in shares of Realty Income in the 4th quarter worth $32,000. Finally, Canton Hathaway LLC purchased a new position in shares of Realty Income in the 1st quarter worth $40,000. 70.81% of the stock is currently owned by institutional investors.

Trending Headlines about Realty Income

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

• Positive Sentiment: Monthly dividend reaffirmed: Realty Income declared its 674th consecutive common-stock monthly dividend of $0.2710 per share, payable September 15 to shareholders of record August 31. The annualized payout is $3.252 per share, supporting the stock’s appeal to income investors. Realty Income Announces 674th Consecutive Common Stock Monthly Dividend
• Positive Sentiment: Long dividend-growth record highlighted: Coverage emphasizes Realty Income’s roughly 31-year streak of dividend increases and an approximately 5.2% yield. Monthly payments and a long history of rising distributions may attract retirees and other investors seeking dependable cash flow. Realty Income Yields 5.2%. Here’s Why the Payout Keeps Growing.
• Neutral Sentiment: Data-center expansion offers a potential growth avenue: Realty Income is pursuing data-center investments to add scalable growth beyond traditional net-lease properties. The strategy could diversify its portfolio, but its effect on earnings will depend on execution and the pace of development. Realty Income’s Data Center Bet: What Does It Mean for Growth?
• Negative Sentiment: High Treasury yields remain a headwind: The 10-year Treasury yield is reported at 4.63%, raising competition for Realty Income’s approximately 5.2% yield. A narrow yield premium can reduce demand for interest-rate-sensitive REIT shares and pressure valuations.

Analyst Ratings Changes

Several brokerages have recently issued reports on O. Morgan Stanley set a $67.00 target price on shares of Realty Income in a research report on Monday, April 27th. Robert W. Baird lifted their price target on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. Huntington assumed coverage on Realty Income in a research note on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price objective on the stock. Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price objective on the stock. Finally, Evercore set a $68.00 price objective on Realty Income in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.42.

Realty Income Stock Down 0.2%

NYSE O opened at $62.30 on Wednesday. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The firm has a market capitalization of $58.95 billion, a price-to-earnings ratio of 45.47, a PEG ratio of 4.46 and a beta of 0.71. The company has a fifty day moving average of $63.14 and a two-hundred day moving average of $63.13.

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. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Monday, August 31st. Realty Income’s dividend payout ratio is presently 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.