Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) saw unusually-high trading volume on Friday . 4,287,051 shares traded hands during mid-day trading, an increase of 213% from the previous session’s volume of 1,370,448 shares.The stock last traded at $168.5980 and had previously closed at $168.86.
Royal Bank Of Canada News Summary
Here are the key news stories impacting Royal Bank Of Canada this week:
- Positive Sentiment: RBC publicly urged shareholders to reject an unsolicited, below‑market “mini‑tender” offer from TRC Capital Investment to buy a small block of RY shares at CAD $224, which the bank says is ~4.5% below the recent market price — a move that protects shareholder value and reduces the risk of forced, low‑price transactions. RBC press release
- Positive Sentiment: Fundamentals remain supportive: RY’s most recent quarterly report showed an EPS beat and double‑digit revenue growth, underpinning return‑on‑equity and margin metrics that investors use to justify the bank’s valuation (background company filings and earnings). (No external link)
- Neutral Sentiment: RBC’s research arm is highly active — publishing macro/resource calls (e.g., gold outlook), initiating coverage and rating major tech and semiconductor names, and hosting industry events — which highlights the firm’s capital markets and advisory footprint but is only indirectly relevant to RY’s stock moves. Example: RBC commentary on gold and other research pieces. Gold outlook
- Neutral Sentiment: High trading volume is noted today (well above average), which can amplify price moves and reflect position adjustments by institutions reacting to the mini‑tender news and recent analyst commentary. (Market volume datapoint from trading session.) (No external link)
- Negative Sentiment: Analytical pieces questioning whether RY has “peaked” after strong multi‑year gains can feed profit‑taking and downside pressure from momentum traders and some retail investors — contributing to near‑term weakness despite solid fundamentals. Has RY peaked?
Wall Street Analyst Weigh In
Several brokerages have recently commented on RY. Zacks Research raised shares of Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a report on Friday, January 9th. TD Cowen upgraded Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Raymond James Financial assumed coverage on shares of Royal Bank Of Canada in a research note on Monday, November 24th. They set a “moderate buy” rating for the company. Finally, Natl Bk Canada upgraded shares of Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and an average target price of $162.00.
Royal Bank Of Canada Trading Up 0.3%
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 stock has a market capitalization of $236.66 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.20 and a beta of 0.79. The firm has a 50-day moving average of $163.57 and a 200 day moving average of $148.86.
Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last released its quarterly earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.25. Royal Bank Of Canada had a return on equity of 16.83% and a net margin of 14.83%.The company had revenue of $12.27 billion during the quarter, compared to analysts’ expectations of $12.12 billion. During the same quarter in the prior year, the business posted $3.07 earnings per share. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. As a group, equities analysts predict that Royal Bank Of Canada will post 9.16 EPS for the current fiscal year.
Royal Bank Of Canada Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Monday, January 26th will be issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 3.9%. This is a boost from Royal Bank Of Canada’s previous quarterly dividend of $1.54. The ex-dividend date is Monday, January 26th. Royal Bank Of Canada’s payout ratio is 44.07%.
Institutional Investors Weigh In On Royal Bank Of Canada
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Royal Bank Of Canada by 33.1% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock valued at $279,000 after buying an additional 575 shares during the period. AQR Capital Management LLC lifted its holdings in Royal Bank Of Canada by 60.9% in the 1st quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock valued at $1,321,000 after acquiring an additional 4,460 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Royal Bank Of Canada by 57.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock valued at $695,000 after purchasing an additional 1,934 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Royal Bank Of Canada by 4.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 34,964 shares of the financial services provider’s stock valued at $4,638,000 after purchasing an additional 1,549 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new stake in shares of Royal Bank Of Canada in the 2nd quarter worth approximately $1,960,000. Institutional investors own 45.31% of the company’s stock.
Royal Bank Of Canada Company 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.
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