Royal Bank Of Canada $RY Shares Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC grew its stake in Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 90.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,839 shares of the financial services provider’s stock after buying an additional 3,243 shares during the period. RWA Wealth Partners LLC’s holdings in Royal Bank Of Canada were worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Royal Bank Of Canada during the 2nd quarter worth about $2,599,262,000. Fisher Asset Management LLC raised its stake in shares of Royal Bank Of Canada by 1,218.0% in the second quarter. Fisher Asset Management LLC now owns 5,723,581 shares of the financial services provider’s stock worth $752,937,000 after purchasing an additional 5,289,330 shares during the last quarter. Picton Mahoney Asset Management acquired a new stake in shares of Royal Bank Of Canada during the second quarter worth about $329,983,000. Vanguard Group Inc. lifted its holdings in shares of Royal Bank Of Canada by 3.9% during the second quarter. Vanguard Group Inc. now owns 65,008,684 shares of the financial services provider’s stock worth $8,567,752,000 after purchasing an additional 2,437,164 shares during the period. Finally, Geode Capital Management LLC boosted its position in Royal Bank Of Canada by 20.2% in the second quarter. Geode Capital Management LLC now owns 11,374,800 shares of the financial services provider’s stock valued at $1,517,123,000 after buying an additional 1,910,492 shares during the last quarter. 45.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. National Bank Financial restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Thursday, December 4th. TD Cowen upgraded shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. Raymond James Financial reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a report on Friday, February 13th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a research report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Royal Bank Of Canada in a report on Thursday, January 22nd. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $162.00.

Royal Bank Of Canada Stock Down 2.2%

RY stock opened at $169.83 on Friday. Royal Bank Of Canada has a one year low of $106.10 and a one year high of $176.19. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s fifty day moving average is $170.06 and its 200 day moving average is $155.55. The firm has a market cap of $237.37 billion, a PE ratio of 16.93, a P/E/G ratio of 1.29 and a beta of 0.79.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last issued its quarterly earnings data on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share for the quarter, topping 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 business 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 firm posted $3.07 earnings per share. The company’s 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Thursday, April 23rd will be given a dividend of $1.64 per share. The ex-dividend date is Thursday, April 23rd. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. Royal Bank Of Canada’s dividend payout ratio is currently 47.66%.

Royal Bank Of Canada News Summary

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

• Positive Sentiment: Quarterly beats — Royal Bank reported better‑than‑expected results: Zacks noted quarterly EPS of $2.94 vs. a $2.81 consensus (year‑ago $2.55). Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Stronger headline results and revenue growth — MarketBeat/press materials show EPS and revenue beating Street estimates (MarketBeat cites $4.08 EPS and $13.18B revenue vs. $12.60B est.), with management pointing to broad‑based growth. Listen to the conference call/see the slide deck for segment detail. Listen to Conference Call / Press Release
• Positive Sentiment: Net income and segment strength — Financial Post and WSJ coverage highlight a ~13% rise in net income (~$5.8B) and gains tied to wealth management, personal banking and capital markets, supporting medium‑term earnings power. RBC tops earnings estimates on strong retail and wealth management profits Royal Bank of Canada Earnings Lifted by Wealth Management
• Neutral Sentiment: RBC Capital research activity — The bank’s capital markets arm continues analyst coverage/price‑target work (e.g., raising Home Depot target, initiating coverage on AbbVie). This shows franchise strength but has limited direct impact on RY’s stock moves. Home Depot price target raised to $377 from $363 at RBC Capital
• Negative Sentiment: Elevated credit‑loss provision and earnings nuances — Reports note an elevated credit‑loss provision and differing EPS presentations (adjusted vs. GAAP) across headlines; these factors can temper investor enthusiasm and raise uncertainty about underlying earnings quality. Royal Bank of Canada Earnings Lifted by Wealth Management
• Negative Sentiment: Valuation and profit‑taking risk — RY is trading near its 12‑month high and above its 200‑day average, so some of today’s decline appears to be profit‑taking and re‑rating by investors despite the beat. RBC, TD Beat Estimates as Canadian Banks All Post Revenue Surge

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.