Geode Capital Management LLC Has $932.24 Million Stake in Bank Of Montreal $BMO

Posted by Brenda Bartman on May 30th, 2026

Geode Capital Management LLC lifted its position in shares of Bank Of Montreal (NYSE:BMO – Free Report) (TSE:BMO) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,030,219 shares of the bank’s stock after purchasing an additional 442,812 shares during the quarter. Geode Capital Management LLC owned 0.99% of Bank Of Montreal worth $932,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in BMO. Code Waechter LLC boosted its position in shares of Bank Of Montreal by 1.7% during the fourth quarter. Code Waechter LLC now owns 4,486 shares of the bank’s stock valued at $582,000 after buying an additional 75 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Bank Of Montreal by 33.2% during the fourth quarter. Larson Financial Group LLC now owns 317 shares of the bank’s stock valued at $41,000 after purchasing an additional 79 shares in the last quarter. Naples Global Advisors LLC lifted its position in shares of Bank Of Montreal by 0.5% during the fourth quarter. Naples Global Advisors LLC now owns 17,780 shares of the bank’s stock valued at $2,308,000 after purchasing an additional 80 shares in the last quarter. Allworth Financial LP lifted its position in shares of Bank Of Montreal by 4.6% during the third quarter. Allworth Financial LP now owns 2,121 shares of the bank’s stock valued at $276,000 after purchasing an additional 94 shares in the last quarter. Finally, Choreo LLC lifted its position in shares of Bank Of Montreal by 3.6% during the third quarter. Choreo LLC now owns 2,735 shares of the bank’s stock valued at $356,000 after purchasing an additional 95 shares in the last quarter. 45.82% of the stock is owned by institutional investors.

Bank Of Montreal Stock Up 0.1%

Shares of NYSE BMO opened at $162.07 on Friday. Bank Of Montreal has a 52 week low of $104.08 and a 52 week high of $163.75. The business has a 50-day simple moving average of $148.07 and a two-hundred day simple moving average of $139.17. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.11. The company has a market cap of $113.51 billion, a P/E ratio of 17.20, a P/E/G ratio of 0.90 and a beta of 0.94.

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last issued its earnings results on Wednesday, May 27th. The bank reported $2.68 EPS for the quarter, topping the consensus estimate of $2.54 by $0.14. Bank Of Montreal had a return on equity of 13.04% and a net margin of 12.60%.The business had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.98 billion. During the same quarter last year, the company earned $2.62 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Research analysts anticipate that Bank Of Montreal will post 11.73 earnings per share for the current fiscal year.

Bank Of Montreal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Thursday, July 30th will be paid a $1.71 dividend. The ex-dividend date is Thursday, July 30th. This represents a $6.84 annualized dividend and a yield of 4.2%. This is a boost from Bank Of Montreal’s previous quarterly dividend of $1.67. Bank Of Montreal’s dividend payout ratio is currently 55.75%.

Analysts Set New Price Targets

Several research firms have weighed in on BMO. Zacks Research cut Bank Of Montreal from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. National Bank Financial reiterated a “sector perform” rating on shares of Bank Of Montreal in a research note on Wednesday, February 25th. Desjardins restated a “hold” rating on shares of Bank Of Montreal in a research note on Thursday. Raymond James Financial restated an “outperform” rating on shares of Bank Of Montreal in a research note on Tuesday, May 12th. Finally, TD Securities restated a “buy” rating on shares of Bank Of Montreal in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Bank Of Montreal presently has a consensus rating of “Hold” and a consensus target price of $163.00.

Get Our Latest Analysis on Bank Of Montreal

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.