Erste Asset Management GmbH Buys 64,290 Shares of Royal Bank Of Canada $RY

Erste Asset Management GmbH lifted its stake in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 133.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 112,374 shares of the financial services provider’s stock after purchasing an additional 64,290 shares during the quarter. Erste Asset Management GmbH’s holdings in Royal Bank Of Canada were worth $16,532,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in RY. Brighton Jones LLC increased its stake in shares of Royal Bank Of Canada by 33.1% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock valued at $279,000 after purchasing an additional 575 shares during the last quarter. AQR Capital Management LLC boosted its position in Royal Bank Of Canada by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock worth $1,321,000 after buying an additional 4,460 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Royal Bank Of Canada by 57.7% during the second quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock worth $695,000 after purchasing an additional 1,934 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Royal Bank Of Canada during the 2nd quarter worth about $1,131,000. Finally, Arkadios Wealth Advisors boosted its holdings in Royal Bank Of Canada by 6.0% in the second quarter. Arkadios Wealth Advisors now owns 17,310 shares of the financial services provider’s stock valued at $2,277,000 after acquiring an additional 978 shares during the last quarter. Institutional investors and hedge funds own 45.31% of the company’s stock.

Royal Bank Of Canada Price Performance

Royal Bank Of Canada stock opened at $167.26 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $233.78 billion, a P/E ratio of 16.01, a PEG ratio of 1.26 and a beta of 0.79. Royal Bank Of Canada has a one year low of $106.10 and a one year high of $176.19. The business has a fifty day moving average price of $170.03 and a 200-day moving average price of $155.79.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last announced its quarterly earnings results on Thursday, February 26th. The financial services provider reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $13.18 billion for the quarter, compared to the consensus estimate of $12.60 billion. Royal Bank Of Canada had a net margin of 15.28% and a return on equity of 17.30%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.62 earnings per share. As a group, equities research analysts forecast that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Thursday, April 23rd will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, April 23rd. Royal Bank Of Canada’s dividend payout ratio is currently 45.74%.

Royal Bank Of Canada News Roundup

Here are the key news stories impacting Royal Bank Of Canada this week:

• Positive Sentiment: Q1 results beat expectations — RBC reported EPS of $2.94 vs. the $2.81 consensus and revenue of $13.18B (vs. $12.6B est.), driven by growth in personal banking, wealth management and capital markets; this supports the bank’s earnings outlook and valuation. Zacks: RY beats Q1 earnings
• Positive Sentiment: Net income and revenue momentum — reporting showed ~13% net income growth and broad-based revenue strength across retail and capital markets, echoing peer-beating results for Canadian banks this quarter. Financial Post: RBC tops earnings estimates
• Positive Sentiment: Dividend maintained and investor-friendly payout — RBC declared a quarterly dividend of $1.64 (annualized yield ~3.9%, ex-dividend April 23), which supports yield-seeking investors and long-term total-return expectations.
• Neutral Sentiment: Earnings materials released — the company posted its Q1 earnings presentation and call materials (useful for assessing segment-level trends and management commentary). Seeking Alpha: Q1 presentation
• Neutral Sentiment: RBC’s capital markets research remains active — the bank’s equity research is initiating and updating coverage (e.g., Eli Lilly, AbbVie), which speaks to the franchise’s research reach but has limited direct impact on RY’s near-term stock moves. InsiderMonkey: RBC initiates LLY coverage
• Negative Sentiment: Talent attrition and trading losses in high‑yield desk — reports say at least five high‑yield analysts/traders have left after losses tied to the First Brands Group collapse, raising concerns about risk controls, P&L volatility in the corporate credit franchise and potential reputational/human‑capital costs. Financial Post: High-yield desk attrition

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research note on Thursday, February 19th. National Bank Financial reissued an “outperform” rating on shares of Royal Bank Of Canada in a research report on Thursday, December 4th. TD Securities upgraded Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Royal Bank Of Canada in a research note on Thursday, January 22nd. Finally, TD Cowen raised Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.

About Royal Bank Of Canada

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.