Caprock Group LLC Purchases New Holdings in Royal Bank Of Canada $RY

Caprock Group LLC purchased a new stake in Royal Bank Of Canada (NYSE:RY) (TSE:RY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,063 shares of the financial services provider’s stock, valued at approximately $1,463,000.

Several other institutional investors also recently modified their holdings of RY. Norges Bank acquired a new position in shares of Royal Bank Of Canada in the second quarter valued at $2,599,262,000. Fisher Asset Management LLC lifted its holdings in shares of Royal Bank Of Canada by 1,218.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,723,581 shares of the financial services provider’s stock worth $752,937,000 after acquiring an additional 5,289,330 shares during the period. Picton Mahoney Asset Management acquired a new stake in shares of Royal Bank Of Canada during the 2nd quarter valued at about $329,983,000. Vanguard Group Inc. increased its stake in Royal Bank Of Canada by 3.9% in the second quarter. Vanguard Group Inc. now owns 65,008,684 shares of the financial services provider’s stock valued at $8,567,752,000 after acquiring an additional 2,437,164 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Royal Bank Of Canada by 20.2% during the second quarter. Geode Capital Management LLC now owns 11,374,800 shares of the financial services provider’s stock worth $1,517,123,000 after purchasing an additional 1,910,492 shares during the period. Institutional investors and hedge funds own 45.31% of the company’s stock.

Key Royal Bank Of Canada News

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

• Positive Sentiment: Investors’ sentiment boost from coverage — Investors Business Daily named Royal Bank of Canada an IBD “Stock of the Day,” highlighting a breakout after strong 2025 performance; that can attract momentum and retail interest. Royal Bank Of Canada, IBD Stock Of The Day, Breaking Out After Strong 2025
• Positive Sentiment: RBC’s asset-management ETFs declaring distributions — a large set of RBC-branded ETFs announced CAD distributions this week (European, U.S., Canadian dividend and covered-call ETFs, CLO and short-term bond ETFs). Regular distributions support fee/asset management stability and can be positive for sentiment around the bank’s wealth and asset-management lines. RBC Quant European Dividend Leaders Hedged ETF declares CAD 0.085 dividend
• Neutral Sentiment: RBC Capital research notes on other companies — RBC’s research team released positive notes (e.g., Eaton beat-and-raise potential; nVent price-target raise). These items demonstrate ongoing research/IB activity (supporting trading and fee generation) but are indirect for RY’s core banking earnings. RBC Capital Highlights Eaton (ETN) Beat-and-Raise Potential Despite Conservative 2026 Guidance nVent Electric price target raised to $138 from $136 at RBC Capital
• Neutral Sentiment: Unrelated sector press (HCW Biologics, Tribeca Resources) — several TipRanks updates included here are for other small-cap biotechs and miners and don’t affect RY’s fundamentals. HCW Biologics Licenses TRBC Asset to China JV Trimmune

Analysts Set New Price Targets

RY has been the subject of a number of recent research reports. Jefferies Financial Group cut Royal Bank Of Canada from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. TD Cowen raised Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. Scotiabank reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a report on Friday, January 9th. Zacks Research downgraded shares of Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $162.00.

Royal Bank Of Canada Stock Performance

RY stock opened at $169.43 on Friday. Royal Bank Of Canada has a twelve month low of $106.10 and a twelve month high of $176.19. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.11. The company has a market cap of $236.78 billion, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.20 and a beta of 0.79. The business’s fifty day moving average is $169.13 and its 200-day moving average is $153.20.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last released its quarterly earnings data on Wednesday, December 3rd. The financial services provider reported $2.76 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $12.27 billion during the quarter, compared to the consensus estimate of $12.12 billion. During the same quarter in the prior year, the company posted $3.07 earnings per share. The firm’s revenue was up 14.2% on a year-over-year basis. Equities research analysts forecast that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Monday, January 26th will be given a $1.64 dividend. The ex-dividend date is Monday, January 26th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 3.9%. 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 47.66%.

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.