Royal Bank Of Canada $RY Stock Holdings Increased by Lorne Steinberg Wealth Management Inc.

Lorne Steinberg Wealth Management Inc. boosted its stake in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 4.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 126,917 shares of the financial services provider’s stock after buying an additional 5,013 shares during the quarter. Royal Bank Of Canada accounts for approximately 4.5% of Lorne Steinberg Wealth Management Inc.’s portfolio, making the stock its largest holding. Lorne Steinberg Wealth Management Inc.’s holdings in Royal Bank Of Canada were worth $18,701,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advisory Resource Group grew its holdings in shares of Royal Bank Of Canada by 0.8% in the 3rd quarter. Advisory Resource Group now owns 9,110 shares of the financial services provider’s stock worth $1,342,000 after acquiring an additional 75 shares during the period. Brucke Financial Inc. boosted its position in Royal Bank Of Canada by 1.9% during the second quarter. Brucke Financial Inc. now owns 4,264 shares of the financial services provider’s stock worth $561,000 after purchasing an additional 79 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in Royal Bank Of Canada by 2.6% in the third quarter. Benjamin Edwards Inc. now owns 3,247 shares of the financial services provider’s stock valued at $478,000 after purchasing an additional 81 shares during the last quarter. Choreo LLC increased its position in shares of Royal Bank Of Canada by 4.2% in the second quarter. Choreo LLC now owns 2,088 shares of the financial services provider’s stock valued at $275,000 after buying an additional 84 shares in the last quarter. Finally, Canopy Partners LLC raised its stake in shares of Royal Bank Of Canada by 2.9% during the 3rd quarter. Canopy Partners LLC now owns 2,983 shares of the financial services provider’s stock worth $439,000 after buying an additional 84 shares during the last quarter. 45.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on RY shares. Zacks Research raised shares of Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a report on Monday, November 24th. Wall Street Zen raised shares of Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. BMO Capital Markets restated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Wednesday, December 17th. Finally, Natl Bk Canada upgraded Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Royal Bank Of Canada has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

Royal Bank Of Canada Stock Up 0.6%

Shares of NYSE:RY opened at $169.81 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11. The firm has a market cap of $237.32 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.22 and a beta of 0.79. The stock’s 50-day moving average price is $164.03 and its two-hundred day moving average price is $149.37. Royal Bank Of Canada has a 12-month low of $106.10 and a 12-month high of $174.61.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its quarterly earnings data on Wednesday, December 3rd. The financial services provider reported $2.76 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.25. Royal Bank Of Canada had a net margin of 14.83% and a return on equity of 16.83%. The company had revenue of $12.27 billion during the quarter, compared to the consensus estimate of $12.12 billion. During the same quarter in the prior year, the company posted $3.07 EPS. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. On average, research analysts forecast that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Monday, January 26th will be paid a dividend of $1.64 per share. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.54. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Monday, January 26th. Royal Bank Of Canada’s payout ratio is 44.07%.

Royal Bank Of Canada News Summary

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

• Positive Sentiment: RBC recommended shareholders reject TRC Capital Investment’s unsolicited mini‑tender (offer to buy ~0.036% of shares at CAD 224, about 4.5% below the prior close), framing the bid as below‑market and urging investors to protect value — a shareholder‑protective action that can reduce buyout downside risk. RBC recommends shareholders reject TRC Capital Investment’s below-market “mini tender” offer for common shares
• Neutral Sentiment: RBC’s Capital Markets & research teams remain highly active (initiations/coverage on Nvidia, Micron, Broadcom; reiterations like ServiceNow; chip sector thematic notes), highlighting recurring fee/research revenue potential but with varying near‑term earnings implications. RBC Initiates Nvidia (NVDA) at Outperform, Cites $500B+ AI Backlog and Ecosystem Dominance
• Neutral Sentiment: RBC research is publishing macro/commodity views (e.g., a note on gold approaching $5,000) that can drive client trading flows and volatility in markets RBC serves—indirectly relevant to trading and wealth‑management revenues but not an immediate bank earnings driver. Gold’s Race to $5,000 Driven by ‘Unavoidable Uncertainty,’ Says RBC Capital
• Negative Sentiment: Analyst/commentary pieces questioning whether Royal Bank of Canada’s multi‑year share gains have peaked introduce valuation concerns that could cap near‑term upside if macro or rate dynamics shift. Has Royal Bank of Canada (TSX:RY) Peaked After Strong Multi Year Share Price Gains?

Royal Bank Of Canada Profile

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.