Cidel Asset Management Inc. Increases Stake in Royal Bank Of Canada $RY

Cidel Asset Management Inc. raised its holdings in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 595,378 shares of the financial services provider’s stock after purchasing an additional 8,745 shares during the period. Royal Bank Of Canada comprises about 5.0% of Cidel Asset Management Inc.’s portfolio, making the stock its largest holding. Cidel Asset Management Inc.’s holdings in Royal Bank Of Canada were worth $87,770,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Toth Financial Advisory Corp acquired a new position in shares of Royal Bank Of Canada in the 3rd quarter valued at about $29,000. True Wealth Design LLC acquired a new position in Royal Bank Of Canada in the third quarter valued at approximately $31,000. Atlantic Union Bankshares Corp acquired a new position in Royal Bank Of Canada in the third quarter valued at approximately $38,000. CoreCap Advisors LLC grew its holdings in shares of Royal Bank Of Canada by 103.8% during the third quarter. CoreCap Advisors LLC now owns 271 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 138 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Royal Bank Of Canada during the 2nd quarter worth approximately $51,000. 45.31% of the stock is owned by institutional investors and hedge funds.

Royal Bank Of Canada Stock Up 0.0%

RY stock opened at $169.43 on Friday. The firm’s 50-day moving average is $169.13 and its two-hundred day moving average is $153.20. 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 company has a market capitalization of $236.78 billion, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 1.20 and a beta of 0.79. Royal Bank Of Canada has a 52 week low of $106.10 and a 52 week high of $176.19.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted 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. The business 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%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter last year, the business earned $3.07 earnings per share. On average, analysts forecast 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. 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 positive change 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 currently 47.66%.

More 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

Wall Street Analyst Weigh In

A number of brokerages recently commented on RY. National Bank Financial restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Thursday, December 4th. 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. TD Cowen raised shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research note on Monday, November 24th. Finally, Scotiabank restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $162.00.

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.