Public Sector Pension Investment Board Buys 325,014 Shares of Royal Bank Of Canada $RY

Public Sector Pension Investment Board grew its stake in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 16.8% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 2,261,934 shares of the financial services provider’s stock after buying an additional 325,014 shares during the period. Royal Bank Of Canada makes up 1.2% of Public Sector Pension Investment Board’s investment portfolio, making the stock its 11th biggest holding. Public Sector Pension Investment Board’s holdings in Royal Bank Of Canada were worth $333,454,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in RY. Vanguard Group Inc. raised its holdings in Royal Bank Of Canada by 3.9% in the 2nd 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 in the last quarter. Norges Bank acquired a new stake in shares of Royal Bank Of Canada during the 2nd quarter worth approximately $2,599,262,000. Geode Capital Management LLC increased its position in shares of 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 purchasing an additional 1,910,492 shares during the period. Scotia Capital Inc. increased its position in shares of Royal Bank Of Canada by 1.6% during the second quarter. Scotia Capital Inc. now owns 9,065,967 shares of the financial services provider’s stock valued at $1,191,770,000 after purchasing an additional 141,761 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in shares of Royal Bank Of Canada by 8.2% in the second quarter. Canada Pension Plan Investment Board now owns 6,867,900 shares of the financial services provider’s stock valued at $905,726,000 after purchasing an additional 521,132 shares in the last quarter. 45.31% of the stock is owned by institutional investors and hedge funds.

Royal Bank Of Canada News Summary

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

• Positive Sentiment: TD Cowen reaffirmed its Buy rating on RY, reinforcing analyst confidence in the bank’s outlook. TD Cowen Sticks to Its Buy Rating for Royal Bank Of Canada (RY)
• Positive Sentiment: Desjardins also reaffirmed its Buy rating on RY, another vote of confidence from Canadian brokers. Desjardins Reaffirms Their Buy Rating on Royal Bank Of Canada (RY)
• Positive Sentiment: Investors’ Business Daily highlighted RY as its “Stock of the Day,” noting a technical breakout after a strong 2025 — positive for investor sentiment and flows. Royal Bank Of Canada, IBD Stock Of The Day, Breaking Out After Strong 2025
• Neutral Sentiment: RBC-managed ETFs announced a batch of monthly dividends across several strategies (Canadian equity, U.S. dividend, European dividend, preferred share and CLO ETFs). These are routine distributions for RBC’s asset-management business and support fee recurrence but are unlikely to move RY shares materially on their own. RBC Quant European Dividend Leaders Hedged ETF declares CAD 0.085 dividend
• Neutral Sentiment: A Reuters/Yahoo report noted RBC Capital raised a price target on nVent — this reflects RBC’s analyst activity, not the bank’s fundamentals, and is unlikely to directly affect RY’s share price. nVent Electric price target raised to $138 from $136 at RBC Capital
• Neutral Sentiment: A press item about Tribeca Resources advancing copper exploration is unrelated to Royal Bank and has no direct bearing on RY shares. Tribeca Resources Advances Chilean Copper Exploration, Prepares New Drilling Phase

Analyst Upgrades and Downgrades

RY has been the topic of a number of recent research reports. TD Cowen upgraded shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. Raymond James Financial assumed coverage on shares of Royal Bank Of Canada in a report on Monday, November 24th. They set a “moderate buy” rating for the company. BMO Capital Markets reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Wednesday, December 17th. 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. Finally, UBS Group reissued a “buy” rating on shares of Royal Bank Of Canada in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $162.00.

Royal Bank Of Canada Price Performance

NYSE:RY opened at $169.28 on Friday. 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 firm has a market cap of $236.58 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 1.22 and a beta of 0.79. Royal Bank Of Canada has a 12 month low of $106.10 and a 12 month high of $176.19. The company’s 50-day moving average price is $168.99 and its two-hundred day moving average price is $152.76.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.25. The company had revenue of $12.27 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.07 earnings per share. On average, equities analysts anticipate that Royal Bank Of Canada will post 9.16 EPS for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Monday, January 26th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 3.9%. This is a boost 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 dividend 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.