Royal Bank Of Canada (NYSE:RY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) have been given an average rating of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $162.00.

A number of brokerages recently weighed in on RY. Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a research note on Monday, November 24th. UBS Group restated a “buy” rating on shares of Royal Bank Of Canada in a research report on Tuesday, November 25th. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Royal Bank Of Canada in a research note on Thursday, January 22nd. Finally, Natl Bk Canada raised Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st.

Institutional Investors Weigh In On Royal Bank Of Canada

A number of hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC grew its holdings in shares of Royal Bank Of Canada by 21.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,550 shares of the financial services provider’s stock valued at $264,000 after purchasing an additional 277 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Royal Bank Of Canada by 2.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 11,879,653 shares of the financial services provider’s stock worth $2,029,469,000 after purchasing an additional 245,116 shares during the last quarter. Stifel Financial Corp boosted its position in Royal Bank Of Canada by 5.5% during the fourth quarter. Stifel Financial Corp now owns 25,382 shares of the financial services provider’s stock valued at $4,327,000 after buying an additional 1,332 shares during the period. PCM Encore LLC bought a new position in shares of Royal Bank Of Canada during the fourth quarter valued at about $1,054,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of Royal Bank Of Canada by 196.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,912 shares of the financial services provider’s stock valued at $500,000 after buying an additional 1,931 shares during the last quarter. 45.31% of the stock is currently owned by institutional investors.

Key Headlines Impacting Royal Bank Of Canada

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

Royal Bank Of Canada Trading Up 0.0%

Shares of RY stock opened at $169.43 on Monday. The company has a market capitalization of $236.81 billion, a PE 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. The business’s fifty day moving average is $169.13 and its 200 day moving average is $153.36. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.81 and a current ratio of 0.81.

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 for the quarter, topping 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 return on equity of 16.83% and a net margin of 14.83%.The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $3.07 EPS. On average, equities research analysts anticipate that Royal Bank Of Canada will post 9.16 EPS 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. Investors of record on Monday, January 26th will be issued a dividend of $1.64 per share. The ex-dividend date of this dividend 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 payout ratio is 47.66%.

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.