Royal Bank of Canada Lowers Stake in Stagwell Inc. $STGW

Royal Bank of Canada cut its stake in Stagwell Inc. (NASDAQ:STGW) by 95.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,152 shares of the company’s stock after selling 149,165 shares during the period. Royal Bank of Canada’s holdings in Stagwell were worth $45,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in STGW. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Stagwell by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock valued at $316,000 after buying an additional 3,249 shares during the period. Clearstead Advisors LLC increased its position in shares of Stagwell by 186.2% during the fourth quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock worth $34,000 after acquiring an additional 4,567 shares during the period. Arizona State Retirement System increased its position in shares of Stagwell by 17.0% during the fourth quarter. Arizona State Retirement System now owns 32,401 shares of the company’s stock worth $158,000 after acquiring an additional 4,702 shares during the period. Osaic Holdings Inc. raised its stake in shares of Stagwell by 2.6% during the fourth quarter. Osaic Holdings Inc. now owns 195,288 shares of the company’s stock valued at $955,000 after acquiring an additional 4,990 shares in the last quarter. Finally, Virtu Financial LLC boosted its holdings in shares of Stagwell by 49.8% in the third quarter. Virtu Financial LLC now owns 15,062 shares of the company’s stock valued at $85,000 after purchasing an additional 5,008 shares during the period. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Insider Activity

In other news, insider Frank P. Lanuto sold 62,000 shares of Stagwell stock in a transaction on Friday, July 31st. The stock was sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. This trade represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.20% of the company’s stock.

Stagwell Price Performance

Shares of STGW opened at $8.81 on Thursday. The company has a 50 day moving average price of $8.17 and a 200-day moving average price of $6.90. Stagwell Inc. has a fifty-two week low of $4.28 and a fifty-two week high of $9.55. The stock has a market capitalization of $2.15 billion, a PE ratio of 146.83 and a beta of 1.22. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.81 and a current ratio of 0.81.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $786.31 million for the quarter, compared to analyst estimates of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. Stagwell’s revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities analysts predict that Stagwell Inc. will post 0.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

STGW has been the topic of several research analyst reports. Needham & Company LLC increased their price objective on Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings raised Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Wall Street Zen upgraded Stagwell from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 29th. Zacks Research raised Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, Wells Fargo & Company raised their price target on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.60.

Stagwell Company Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.