Intact Investment Management Inc. Has $121.14 Million Stock Holdings in Royal Bank Of Canada $RY

Intact Investment Management Inc. boosted its holdings in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 13.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 821,808 shares of the financial services provider’s stock after buying an additional 98,540 shares during the period. Royal Bank Of Canada comprises 3.7% of Intact Investment Management Inc.’s portfolio, making the stock its 2nd largest holding. Intact Investment Management Inc. owned approximately 0.06% of Royal Bank Of Canada worth $121,138,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Advisory Resource Group increased its stake in Royal Bank Of Canada by 0.8% in the third quarter. Advisory Resource Group now owns 9,110 shares of the financial services provider’s stock valued at $1,342,000 after acquiring an additional 75 shares during the period. Brucke Financial Inc. boosted its holdings in Royal Bank Of Canada by 1.9% during the second quarter. Brucke Financial Inc. now owns 4,264 shares of the financial services provider’s stock valued at $561,000 after purchasing an additional 79 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Royal Bank Of Canada by 2.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,247 shares of the financial services provider’s stock valued at $478,000 after purchasing an additional 81 shares during the period. Choreo LLC grew its stake in shares of Royal Bank Of Canada by 4.2% in the 2nd quarter. Choreo LLC now owns 2,088 shares of the financial services provider’s stock valued at $275,000 after purchasing an additional 84 shares during the period. Finally, Canopy Partners LLC raised its holdings in shares of Royal Bank Of Canada by 2.9% in the 3rd quarter. Canopy Partners LLC now owns 2,983 shares of the financial services provider’s stock worth $439,000 after buying an additional 84 shares in the last quarter. Institutional investors and hedge funds own 45.31% of the company’s stock.

Trending Headlines about Royal Bank Of Canada

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

• Positive Sentiment: RBC recommended shareholders reject TRC Capital Investment’s unsolicited mini‑tender (offer to buy ~0.036% of shares at CAD 224, about 4.5% below the prior close), framing the bid as below‑market and urging investors to protect value — a shareholder‑protective action that can reduce buyout downside risk. RBC recommends shareholders reject TRC Capital Investment’s below-market “mini tender” offer for common shares
• Neutral Sentiment: RBC’s Capital Markets & research teams remain highly active (initiations/coverage on Nvidia, Micron, Broadcom; reiterations like ServiceNow; chip sector thematic notes), highlighting recurring fee/research revenue potential but with varying near‑term earnings implications. RBC Initiates Nvidia (NVDA) at Outperform, Cites $500B+ AI Backlog and Ecosystem Dominance
• Neutral Sentiment: RBC research is publishing macro/commodity views (e.g., a note on gold approaching $5,000) that can drive client trading flows and volatility in markets RBC serves—indirectly relevant to trading and wealth‑management revenues but not an immediate bank earnings driver. Gold’s Race to $5,000 Driven by ‘Unavoidable Uncertainty,’ Says RBC Capital
• Negative Sentiment: Analyst/commentary pieces questioning whether Royal Bank of Canada’s multi‑year share gains have peaked introduce valuation concerns that could cap near‑term upside if macro or rate dynamics shift. Has Royal Bank of Canada (TSX:RY) Peaked After Strong Multi Year Share Price Gains?

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RY. Wall Street Zen raised Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. UBS Group restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. Barclays reiterated an “overweight” rating on shares of Royal Bank Of Canada in a research report on Monday, November 24th. Zacks Research upgraded shares of Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. Finally, Natl Bk Canada raised shares of Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.00.

Royal Bank Of Canada Trading Up 0.6%

RY opened at $169.81 on Monday. Royal Bank Of Canada has a 1-year low of $106.10 and a 1-year high of $174.61. The stock has a market capitalization of $237.32 billion, a PE ratio of 16.93, a PEG ratio of 1.22 and a beta of 0.79. 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 firm has a 50-day moving average price of $164.03 and a two-hundred day moving average price of $149.37.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last announced its earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.25. The company had revenue of $12.27 billion for the quarter, compared to analyst estimates of $12.12 billion. Royal Bank Of Canada had a net margin of 14.83% and a return on equity of 16.83%. Royal Bank Of Canada’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the business earned $3.07 earnings per share. As a group, equities analysts anticipate that Royal Bank Of Canada will post 9.16 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Monday, January 26th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Monday, January 26th. This is a positive change from Royal Bank Of Canada’s previous quarterly dividend of $1.54. Royal Bank Of Canada’s dividend payout ratio is 44.07%.

About Royal Bank Of Canada

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.