Harvest Portfolios Group Inc. Raises Holdings in Bank Of Montreal $BMO

Posted by Brian Himes on May 21st, 2026

Harvest Portfolios Group Inc. lifted its stake in Bank Of Montreal (NYSE:BMO – Free Report) (TSE:BMO) by 12.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,879 shares of the bank’s stock after buying an additional 3,963 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Bank Of Montreal were worth $4,789,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BMO. WFA of San Diego LLC purchased a new stake in shares of Bank Of Montreal in the second quarter worth about $28,000. Larson Financial Group LLC boosted its stake in shares of Bank Of Montreal by 466.7% in the third quarter. Larson Financial Group LLC now owns 238 shares of the bank’s stock worth $31,000 after buying an additional 196 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Bank Of Montreal in the fourth quarter worth about $34,000. Sunbelt Securities Inc. purchased a new stake in shares of Bank Of Montreal in the third quarter worth about $42,000. Finally, Bayforest Capital Ltd boosted its stake in shares of Bank Of Montreal by 669.6% in the fourth quarter. Bayforest Capital Ltd now owns 354 shares of the bank’s stock worth $46,000 after buying an additional 308 shares during the last quarter. Hedge funds and other institutional investors own 45.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BMO. Zacks Research downgraded Bank Of Montreal from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. TD Securities upgraded Bank Of Montreal from a “hold” rating to a “buy” rating in a research report on Tuesday, January 27th. Wall Street Zen upgraded Bank Of Montreal from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. Raymond James Financial reiterated an “outperform” rating on shares of Bank Of Montreal in a research report on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Bank Of Montreal in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $163.00.

Check Out Our Latest Stock Analysis on Bank Of Montreal

Bank Of Montreal Stock Performance

Shares of BMO stock opened at $157.91 on Thursday. The company has a market capitalization of $110.68 billion, a P/E ratio of 18.34, a P/E/G ratio of 0.99 and a beta of 0.94. The business’s 50 day moving average is $145.01 and its two-hundred day moving average is $137.40. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.11. Bank Of Montreal has a 12-month low of $102.70 and a 12-month high of $158.64.

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last issued its quarterly earnings results on Wednesday, February 25th. The bank reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.35 by $0.16. Bank Of Montreal had a return on equity of 12.16% and a net margin of 11.76%.The company had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same quarter in the prior year, the business posted $3.04 earnings per share. Bank Of Montreal’s revenue for the quarter was up 6.0% on a year-over-year basis. Analysts expect that Bank Of Montreal will post 10.23 EPS for the current fiscal year.

Bank Of Montreal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Wednesday, April 29th will be issued a dividend of $1.67 per share. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 4.2%. Bank Of Montreal’s dividend payout ratio is presently 55.75%.

Bank Of Montreal Profile

(Free Report)

Bank of Montreal (NYSE:BMO), commonly known as BMO Financial Group, is one of Canada’s largest and longest-established banks. Founded in Montreal and headquartered in Montreal, Quebec, the bank provides a broad range of financial services to retail, commercial, corporate and institutional clients. BMO is publicly listed in both Canada and the United States and operates under a consolidated financial services model that integrates banking, capital markets, wealth management and asset management activities.

BMO’s core businesses include personal and commercial banking—offering checking and savings accounts, lending, mortgages, and small-business services—alongside wealth management and private banking through its asset and investment management divisions.