Clearstead Advisors LLC Decreases Stock Position in Realty Income Corporation $O

Clearstead Advisors LLC cut its holdings in Realty Income Corporation (NYSE:O) by 68.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,959 shares of the real estate investment trust’s stock after selling 17,506 shares during the quarter. Clearstead Advisors LLC’s holdings in Realty Income were worth $484,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in Realty Income by 11.2% in the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 615 shares in the last quarter. Bison Wealth LLC bought a new position in Realty Income during the 4th quarter valued at about $571,000. Empowered Funds LLC boosted its holdings in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 1,330 shares during the last quarter. Woodline Partners LP grew its stake in shares of Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares during the period. Finally, Intech Investment Management LLC raised its holdings in shares of Realty Income by 14.9% during the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on O shares. Mizuho dropped their target price on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Barclays increased their price target on Realty Income from $63.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Wall Street Zen lowered Realty Income from a “hold” rating to a “sell” rating in a report on Tuesday, February 3rd. Stifel Nicolaus increased their target price on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $64.27.

Realty Income Trading Up 0.9%

Shares of NYSE:O opened at $66.59 on Friday. The stock has a 50 day moving average of $61.00 and a 200 day moving average of $59.34. The company has a market cap of $61.26 billion, a PE ratio of 56.92, a price-to-earnings-growth ratio of 3.92 and a beta of 0.79. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $67.15. The company has a current ratio of 1.40, a quick ratio of 1.53 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last released its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 EPS for the quarter, hitting analysts’ consensus estimates of $1.08. The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, equities research analysts expect that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Announces Dividend

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

Realty Income News Summary

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

• Positive Sentiment: Q4 operating results showed stability and growth — revenue rose ~11% Y/Y and management highlighted high occupancy and rent-recapture metrics, supporting the dividend story. Realty Income’s Q4 AFFO Meets Estimates, Revenues Beat & Rise Y/Y
• Positive Sentiment: Realty Income plans aggressive deployment: management is targeting roughly $8B of investments in 2026 and expanding global partnerships — a growth signal that can support future AFFO and dividend coverage. Realty Income targets $8B in 2026 investments while expanding global partnerships
• Positive Sentiment: Analyst sentiment has warmed — Royal Bank of Canada and Stifel raised price targets into the ~$70 range and moved to Outperform/Buy, giving the stock incremental buy-side momentum. Benzinga: RBC raises PT Tickerreport: Stifel raises PT
• Positive Sentiment: Short interest fell sharply in February (down ~18.5% vs. end-January), reducing a potential source of downside pressure and suggesting some short-covering contributed to the rally.
• Positive Sentiment: Multiple consumer- and income-focused outlets are highlighting Realty Income’s monthly dividend, elevated yield and long dividend-growth streak, which supports retail demand among income investors. Fool: This Elite High-Yielding Monthly Dividend Stock
• Neutral Sentiment: AFFO for Q4 came in essentially in line with expectations (AFFO/FFO $1.08), so results were not a major beat — upside came more from revenue and commentary than from an AFFO surprise. Zacks: Meets Q4 FFO Estimates
• Neutral Sentiment: Some sell‑side caution remains — Morgan Stanley kept a Hold rating and a ~$65 target, reflecting limited near-term upside despite solid fundamentals. TipRanks: Morgan Stanley Hold
• Negative Sentiment: Management’s 2026 FFO outlook came in below some Wall Street estimates, citing slowing demand and higher property-management costs — a clear near‑term headwind that increases execution risk. Economic Times: Forecasts annual FFO below estimates
• Negative Sentiment: Some market commentary framed the guidance and margins as underwhelming, which could cap near-term upside until execution on the investment program and cost control are demonstrated. Investing.com: Q4 reaction

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.