Royal Bank Of Canada $RY Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its stake in Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 40,800 shares of the financial services provider’s stock after selling 3,200 shares during the quarter. Principal Financial Group Inc.’s holdings in Royal Bank Of Canada were worth $6,015,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Royal Bank Of Canada by 33.1% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock worth $279,000 after purchasing an additional 575 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Royal Bank Of Canada by 60.9% in the 1st quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock valued at $1,321,000 after buying an additional 4,460 shares during the period. Sivia Capital Partners LLC lifted its stake in Royal Bank Of Canada by 57.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 1,934 shares in the last quarter. CWM LLC boosted its holdings in Royal Bank Of Canada by 310.4% during the 2nd quarter. CWM LLC now owns 10,659 shares of the financial services provider’s stock valued at $1,402,000 after acquiring an additional 8,062 shares during the period. Finally, Yousif Capital Management LLC grew its position in Royal Bank Of Canada by 10.0% in the 2nd quarter. Yousif Capital Management LLC now owns 15,221 shares of the financial services provider’s stock valued at $2,002,000 after acquiring an additional 1,385 shares in the last quarter. Hedge funds and other institutional investors own 45.31% of the company’s stock.

Royal Bank Of Canada News Summary

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 Stock Performance

Shares of RY stock opened at $169.43 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 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 cap of $236.78 billion, a P/E ratio of 16.89, a PEG ratio of 1.20 and a beta of 0.79. The firm has a fifty day moving average price of $169.13 and a 200 day moving average price of $153.20.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last announced its quarterly earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, topping 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 company had revenue of $12.27 billion during the quarter, compared to the consensus estimate of $12.12 billion. During the same period in the previous year, the business earned $3.07 EPS. Royal Bank Of Canada’s revenue for the quarter was up 14.2% on a year-over-year basis. Sell-side analysts predict that Royal Bank Of Canada will post 9.16 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Investors of record on Monday, January 26th will be issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a 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 of this dividend is Monday, January 26th. Royal Bank Of Canada’s dividend payout ratio is currently 47.66%.

Wall Street Analyst Weigh In

RY has been the topic of several research reports. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research report on Monday, November 24th. Jefferies Financial Group lowered shares of Royal Bank Of Canada from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Raymond James Financial reissued an “outperform” rating on shares of Royal Bank Of Canada in a research report on Friday. Natl Bk Canada raised Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Scotiabank reiterated 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 assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.