Realty Income Corporation $O is Aew Capital Management L P’s 3rd Largest Position

Aew Capital Management L P grew its stake in shares of Realty Income Corporation (NYSE:O) by 44.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,139,078 shares of the real estate investment trust’s stock after acquiring an additional 658,910 shares during the quarter. Realty Income comprises about 7.2% of Aew Capital Management L P’s investment portfolio, making the stock its 3rd biggest holding. Aew Capital Management L P owned 0.23% of Realty Income worth $130,035,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Norges Bank purchased a new stake in Realty Income in the second quarter worth approximately $676,500,000. Vanguard Group Inc. raised its stake in Realty Income by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 146,136,211 shares of the real estate investment trust’s stock valued at $8,418,907,000 after buying an additional 3,624,852 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Realty Income by 8.3% during the 2nd quarter. Geode Capital Management LLC now owns 26,979,134 shares of the real estate investment trust’s stock valued at $1,548,687,000 after buying an additional 2,058,031 shares during the period. Schroder Investment Management Group boosted its stake in shares of Realty Income by 420.0% in the 2nd quarter. Schroder Investment Management Group now owns 2,139,550 shares of the real estate investment trust’s stock worth $123,259,000 after buying an additional 1,728,082 shares during the last quarter. Finally, ABN Amro Investment Solutions bought a new stake in shares of Realty Income in the second quarter worth $70,939,000. 70.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

O has been the topic of a number of recent research reports. Barclays increased their target price on Realty Income from $63.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Mizuho lowered their price objective on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Scotiabank raised shares of Realty Income from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $60.00 to $67.00 in a report on Friday, January 30th. JPMorgan Chase & Co. restated an “underweight” rating and set a $61.00 target price on shares of Realty Income in a research report on Thursday, December 18th. Finally, Cantor Fitzgerald decreased their price target on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $63.38.

Realty Income Stock Performance

Shares of NYSE O opened at $66.46 on Wednesday. The stock has a market cap of $61.14 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 3.94 and a beta of 0.79. Realty Income Corporation has a 1 year low of $50.71 and a 1 year high of $67.15. The firm has a fifty day moving average price of $60.64 and a 200-day moving average price of $59.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.53 and a quick ratio of 1.53.

Realty Income (NYSE:O) last released its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 17.17% and a return on equity of 2.45%. The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the previous year, the company earned $1.05 EPS. Realty Income’s revenue for the quarter was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.9%. Realty Income’s dividend payout ratio (DPR) is currently 300.00%.

Key Stories Impacting Realty Income

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

• Positive Sentiment: Management set FY‑2026 EPS guidance of $4.380–$4.420, well above prior consensus cited in filings — a material beat that signals stronger-than-expected cash‑flow outlook and underpins dividend coverage. Realty Income Reports Strong Q4 2025 Results, Outlook
• Positive Sentiment: Company described strategic expansion beyond its U.S. net‑lease base — entering new geographic markets (Europe, Mexico) and launching an institutional asset‑management business to generate fee income and diversify growth sources. This shifts Realty Income toward a mixed model that can lift long‑term growth and reduce reliance on acquisitions alone. Realty Income Broadens Model With New Markets And Fee Based Growth
• Neutral Sentiment: Q4 results largely met expectations: reported EPS $1.08 (in line with consensus) and revenue $1.40B (slightly above consensus), with revenue up ~11% year‑over‑year — steady operating performance but not an outright surprise. Listen to Conference Call / Q4 Release
• Neutral Sentiment: Pre‑earnings coverage and previews framed expectations around whether Realty Income would finish the year inside its prior raised guidance; many outlets called the setup constructive going into the print. Realty Income Earnings Preview: What Wall Street Is Watching
• Negative Sentiment: Despite the upbeat guide and growth initiatives, the stock may be capped by a rich valuation and yield expectations — Realty Income trades at a high P/E and large market cap, which can limit upside and cause short‑term profit‑taking after the news. (No article link)

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.