IGM Financial (TSE:IGM) Director James Patrick O’sullivan Sells 2,600 Shares of Stock

IGM Financial Inc. (TSE:IGM) Director James Patrick O’sullivan sold 2,600 shares of the stock in a transaction that occurred on Friday, June 19th. The shares were sold at an average price of C$80.88, for a total transaction of C$210,288.00. Following the sale, the director directly owned 48,648 shares of the company’s stock, valued at approximately C$3,934,650.24. This represents a 5.07% decrease in their ownership of the stock.

James Patrick O’sullivan also recently made the following trade(s):

• On Friday, June 19th, James Patrick O’sullivan sold 1,700 shares of IGM Financial stock. The stock was sold at an average price of C$81.66, for a total transaction of C$138,822.00.
• On Friday, June 19th, James Patrick O’sullivan sold 2,000 shares of IGM Financial stock. The shares were sold at an average price of C$81.65, for a total value of C$163,300.00.
• On Friday, June 19th, James Patrick O’sullivan sold 700 shares of IGM Financial stock. The stock was sold at an average price of C$81.05, for a total value of C$56,735.00.
• On Friday, June 19th, James Patrick O’sullivan sold 1,800 shares of IGM Financial stock. The shares were sold at an average price of C$80.93, for a total value of C$145,674.00.
• On Friday, June 19th, James Patrick O’sullivan sold 500 shares of IGM Financial stock. The stock was sold at an average price of C$80.86, for a total value of C$40,430.00.
• On Friday, June 19th, James Patrick O’sullivan sold 600 shares of IGM Financial stock. The stock was sold at an average price of C$80.56, for a total value of C$48,336.00.
• On Friday, June 19th, James Patrick O’sullivan sold 100 shares of IGM Financial stock. The shares were sold at an average price of C$80.62, for a total transaction of C$8,062.00.
• On Friday, June 19th, James Patrick O’sullivan sold 300 shares of IGM Financial stock. The stock was sold at an average price of C$80.61, for a total transaction of C$24,183.00.
• On Friday, June 19th, James Patrick O’sullivan sold 400 shares of IGM Financial stock. The stock was sold at an average price of C$80.59, for a total transaction of C$32,236.00.
• On Friday, June 19th, James Patrick O’sullivan sold 200 shares of IGM Financial stock. The shares were sold at an average price of C$80.67, for a total transaction of C$16,134.00.

IGM Financial Trading Down 0.4%

Shares of IGM stock traded down C$0.33 during trading hours on Tuesday, reaching C$77.96. 247,687 shares of the stock traded hands, compared to its average volume of 464,877. The business has a fifty day moving average price of C$77.22 and a 200 day moving average price of C$69.07. IGM Financial Inc. has a 1-year low of C$42.13 and a 1-year high of C$84.41. The company has a quick ratio of 0.31, a current ratio of 1.36 and a debt-to-equity ratio of 81.91. The firm has a market capitalization of C$18.12 billion, a PE ratio of 16.04, a PEG ratio of 4.09 and a beta of 1.03.

IGM Financial (TSE:IGM) last announced its earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share (EPS) for the quarter. The company had revenue of C$1.00 million for the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. On average, equities research analysts forecast that IGM Financial Inc. will post 4.006816 EPS for the current year.

IGM Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 31st will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, June 29th. IGM Financial’s dividend payout ratio is currently 47.48%.

Analyst Ratings Changes

IGM has been the topic of several research analyst reports. TD lifted their target price on IGM Financial from C$80.00 to C$86.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Scotiabank increased their price target on shares of IGM Financial from C$69.00 to C$76.00 in a research report on Tuesday, April 28th. BMO Capital Markets raised their price target on shares of IGM Financial from C$68.00 to C$72.00 in a report on Wednesday, April 29th. National Bank Financial boosted their price objective on shares of IGM Financial from C$82.00 to C$85.00 in a research report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of IGM Financial from C$68.00 to C$76.00 in a research report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$73.75.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.