Royal Bank Of Canada $RY Shares Sold by Cannell & Spears LLC

Cannell & Spears LLC decreased its holdings in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 33.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,340 shares of the financial services provider’s stock after selling 10,668 shares during the quarter. Cannell & Spears LLC’s holdings in Royal Bank Of Canada were worth $3,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Royal Bank Of Canada by 33.1% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 575 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of 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 buying an additional 4,460 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Royal Bank Of Canada by 57.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock valued at $695,000 after buying an additional 1,934 shares during the last quarter. Allworth Financial LP grew its position in shares of Royal Bank Of Canada by 11.9% in the 2nd quarter. Allworth Financial LP now owns 2,071 shares of the financial services provider’s stock valued at $272,000 after buying an additional 220 shares during the last quarter. Finally, Intrua Financial LLC acquired a new stake in Royal Bank Of Canada during the 2nd quarter worth $326,000. 45.31% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Royal Bank Of Canada

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

• Positive Sentiment: Recent analyst consensus remains constructive — brokerages give RY an average recommendation of “Moderate Buy,” supporting medium‑term demand for the shares. Article Title
• Positive Sentiment: Q4 results (reported Feb. 26) showed an earnings beat and revenue upside (EPS $2.94 vs. $2.81 est.; revenue $13.18B vs. $12.60B), which is supportive of fundamentals and dividend coverage. (Background filing)
• Positive Sentiment: Dividend appeal highlighted in recent coverage — Zacks profiles RY as an attractive dividend stock for income investors, which can underpin demand from yield‑focused holders. Article Title
• Neutral Sentiment: Valuation/attractiveness debate continues — recent analyst pieces and market commentary ask whether RY remains attractive after multi‑year gains, suggesting mixed views that can limit directional conviction. Article Title
• Negative Sentiment: Near‑term price weakness and underperformance reported — MarketWatch notes RY underperformed the market on Thursday, reflecting either profit‑taking after recent gains or sector‑wide headwinds that weighed on the stock. Article Title
• Negative Sentiment: Technical/flow pressure — intraday volume is below average, the stock has slipped below its 50‑day moving average (~$169) (short‑term bearish signal), though it remains near/above the 200‑day (~$158) which limits a deeper technical sell signal. (Background data)

Royal Bank Of Canada Stock Down 1.1%

Shares of NYSE:RY opened at $161.25 on Monday. The stock has a market cap of $225.37 billion, a P/E ratio of 15.43, a P/E/G ratio of 1.22 and a beta of 0.79. The firm has a fifty day moving average price of $168.76 and a 200 day moving average price of $157.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. Royal Bank Of Canada has a 1-year low of $106.10 and a 1-year high of $176.19.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its quarterly earnings data on Thursday, February 26th. The financial services provider reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Royal Bank Of Canada had a net margin of 15.28% and a return on equity of 17.12%. The company had revenue of $13.18 billion for the quarter, compared to analyst estimates of $12.60 billion. During the same period in the previous year, the business posted $3.62 earnings per share. Royal Bank Of Canada’s quarterly revenue was up 4.4% on a year-over-year basis. Sell-side analysts predict that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Thursday, April 23rd will be issued a dividend of $1.64 per share. The ex-dividend date of this dividend is Thursday, April 23rd. This represents a $6.56 dividend on an annualized basis and a dividend yield of 4.1%. Royal Bank Of Canada’s dividend payout ratio (DPR) is currently 45.74%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Raymond James Financial reissued an “outperform” rating on shares of Royal Bank Of Canada in a research report on Friday, February 13th. TD Cowen raised Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. BMO Capital Markets reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Wednesday, December 17th. TD Securities raised Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. Finally, Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

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.