APG Asset Management N.V. Has $135.46 Million Position in Royal Bank Of Canada $RY

APG Asset Management N.V. boosted its holdings in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 0.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 919,463 shares of the financial services provider’s stock after acquiring an additional 7,400 shares during the quarter. APG Asset Management N.V.’s holdings in Royal Bank Of Canada were worth $135,455,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Royal Bank Of Canada by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 66,338,321 shares of the financial services provider’s stock valued at $9,777,472,000 after purchasing an additional 1,329,637 shares in the last quarter. Norges Bank acquired a new position in Royal Bank Of Canada during the second quarter worth $2,599,262,000. Geode Capital Management LLC raised its holdings 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 valued at $1,517,123,000 after buying an additional 1,910,492 shares in the last quarter. Scotia Capital Inc. lifted its position in shares of Royal Bank Of Canada by 1.6% in the second quarter. Scotia Capital Inc. now owns 9,065,967 shares of the financial services provider’s stock worth $1,191,770,000 after buying an additional 141,761 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Royal Bank Of Canada by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 7,296,221 shares of the financial services provider’s stock worth $1,074,879,000 after buying an additional 740,276 shares during the last quarter. 45.31% of the stock is owned by institutional investors.

Royal Bank Of Canada Price Performance

Shares of RY stock opened at $167.26 on Friday. Royal Bank Of Canada has a 12 month low of $106.10 and a 12 month high of $176.19. The company has a market capitalization of $233.78 billion, a P/E ratio of 16.01, a P/E/G ratio of 1.24 and a beta of 0.79. The stock has a 50 day moving average of $170.03 and a two-hundred day moving average of $155.94. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last issued its earnings results on Thursday, February 26th. The financial services provider reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The business had revenue of $13.18 billion during the quarter, compared to analyst estimates of $12.60 billion. Royal Bank Of Canada had a return on equity of 17.30% and a net margin of 15.28%.Royal Bank Of Canada’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.62 earnings per share. As a group, equities analysts expect that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Thursday, April 23rd will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Thursday, April 23rd. Royal Bank Of Canada’s payout ratio is 45.74%.

Royal Bank Of Canada News Summary

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

• Positive Sentiment: Q1 results beat expectations — RBC reported EPS of $2.94 vs. the $2.81 consensus and revenue of $13.18B (vs. $12.6B est.), driven by growth in personal banking, wealth management and capital markets; this supports the bank’s earnings outlook and valuation. Zacks: RY beats Q1 earnings
• Positive Sentiment: Net income and revenue momentum — reporting showed ~13% net income growth and broad-based revenue strength across retail and capital markets, echoing peer-beating results for Canadian banks this quarter. Financial Post: RBC tops earnings estimates
• Positive Sentiment: Dividend maintained and investor-friendly payout — RBC declared a quarterly dividend of $1.64 (annualized yield ~3.9%, ex-dividend April 23), which supports yield-seeking investors and long-term total-return expectations.
• Neutral Sentiment: Earnings materials released — the company posted its Q1 earnings presentation and call materials (useful for assessing segment-level trends and management commentary). Seeking Alpha: Q1 presentation
• Neutral Sentiment: RBC’s capital markets research remains active — the bank’s equity research is initiating and updating coverage (e.g., Eli Lilly, AbbVie), which speaks to the franchise’s research reach but has limited direct impact on RY’s near-term stock moves. InsiderMonkey: RBC initiates LLY coverage
• Negative Sentiment: Talent attrition and trading losses in high‑yield desk — reports say at least five high‑yield analysts/traders have left after losses tied to the First Brands Group collapse, raising concerns about risk controls, P&L volatility in the corporate credit franchise and potential reputational/human‑capital costs. Financial Post: High-yield desk attrition

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on RY. Weiss Ratings reissued a “buy (b)” rating on shares of Royal Bank Of Canada in a report on Thursday, January 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Royal Bank Of Canada in a report on Wednesday, December 17th. Raymond James Financial restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Friday, February 13th. Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a report on Thursday, February 19th. Finally, UBS Group reiterated a “buy” rating on shares of Royal Bank Of Canada in a report on Tuesday, November 25th. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $162.00.

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.