Canada Pension Plan Investment Board Purchases Shares of 7,256,202 Bank Of Montreal $BMO

Canada Pension Plan Investment Board purchased a new stake in Bank Of Montreal (NYSE:BMO) (TSE:BMO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,256,202 shares of the bank’s stock, valued at approximately $1,281,220,000. Bank Of Montreal accounts for about 0.7% of Canada Pension Plan Investment Board’s holdings, making the stock its 24th largest position. Canada Pension Plan Investment Board owned 1.04% of Bank Of Montreal as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Edmond DE Rothschild Holding S.A. bought a new stake in Bank Of Montreal in the second quarter valued at approximately $28,000. WFA of San Diego LLC bought a new position in Bank Of Montreal during the 2nd quarter worth approximately $28,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Bank Of Montreal in the 4th quarter worth approximately $29,000. Larson Financial Group LLC lifted its position in shares of Bank Of Montreal by 466.7% in the 3rd quarter. Larson Financial Group LLC now owns 238 shares of the bank’s stock worth $31,000 after purchasing an additional 196 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of Bank Of Montreal in the 1st quarter valued at $38,000. 45.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays reissued an “underweight” rating on shares of Bank Of Montreal in a research note on Friday. Canadian Imperial Bank of Commerce lowered Bank Of Montreal from a “sector outperform” rating to a “neutral” rating in a research report on Tuesday, August 18th. Raymond James Financial reiterated an “outperform” rating on shares of Bank Of Montreal in a report on Tuesday, May 12th. TD Securities reissued a “buy” rating on shares of Bank Of Montreal in a research note on Wednesday, August 12th. Finally, Desjardins restated a “hold” rating on shares of Bank Of Montreal in a report on Thursday, May 28th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $163.00.

Trending Headlines about Bank Of Montreal

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

• Positive Sentiment: Adjusted earnings beat expectations: BMO reported adjusted EPS of $3.96, up 22% year over year and above the approximately $2.71–$2.86 analyst estimates cited in reports. Adjusted net income rose 19% to $2.86 billion, supported by strength in U.S. banking and capital markets. Bank of Montreal beats earnings estimates on US banking strength
• Positive Sentiment: Share repurchase planned: BMO intends to buy back and cancel up to 25 million common shares, subject to OSFI and TSX approval. The program could support per-share earnings and signals confidence in the bank’s capital position. BMO Financial Group Announces Intention to Repurchase Up to 25 Million of its Common Shares
• Positive Sentiment: Credit trends improved: Provision for credit losses declined to $722 million from $797 million a year earlier, while adjusted return on equity increased to 14.0% from 12.0%. These figures suggest improving profitability and lower near-term credit-cost pressure. Bank of Montreal Q3 earnings beat with increases across lines, lower provision for credit losses
• Neutral Sentiment: Dividend maintained: The quarterly common-share dividend remains $1.71, equivalent to $6.84 annually and roughly a 3.9% yield based on the cited share price. The stable payout supports income investors but does not represent dividend growth. BMO Financial Group Declares Dividends
• Negative Sentiment: Reported results declined: Net income fell 25% to $1.75 billion and reported EPS dropped to $2.38 from $3.14, primarily reflecting a charge associated with asset sales. The CET1 ratio also decreased to 13.0% from 13.5%, though it remains a key measure of financial strength. BMO Financial Group Reports Third Quarter 2026 Results

Bank Of Montreal Stock Up 0.7%

Bank Of Montreal stock opened at $173.63 on Wednesday. Bank Of Montreal has a 1-year low of $115.10 and a 1-year high of $187.22. The firm has a market capitalization of $121.05 billion, a price-to-earnings ratio of 18.43, a P/E/G ratio of 1.06 and a beta of 0.94. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $177.82 and a 200 day simple moving average of $158.87.

Bank Of Montreal (NYSE:BMO) (TSE:BMO) last posted its earnings results on Wednesday, May 27th. The bank reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.14. The firm had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $6.98 billion. Bank Of Montreal had a return on equity of 13.04% and a net margin of 12.60%.The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.62 earnings per share. On average, analysts predict that Bank Of Montreal will post 10.49 earnings per share for the current year.

Bank Of Montreal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 26th. Shareholders of record on Friday, October 30th will be paid a $1.71 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.84 annualized dividend and a yield of 3.9%. Bank Of Montreal’s dividend payout ratio is currently 51.06%.

Bank Of Montreal Company Profile

Bank of Montreal (NYSE:BMO), commonly known as BMO Financial Group, is one of Canada’s largest and longest-established banks. Founded in Montreal and headquartered in Montreal, Quebec, the bank provides a broad range of financial services to retail, commercial, corporate and institutional clients. BMO is publicly listed in both Canada and the United States and operates under a consolidated financial services model that integrates banking, capital markets, wealth management and asset management activities.

BMO’s core businesses include personal and commercial banking—offering checking and savings accounts, lending, mortgages, and small-business services—alongside wealth management and private banking through its asset and investment management divisions.