Royal Bank Of Canada $RY Shares Bought by Northwestern Mutual Wealth Management Co.

Posted by Brenda Bartman on Jun 4th, 2026

Northwestern Mutual Wealth Management Co. raised its holdings in Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 30.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,351 shares of the financial services provider’s stock after purchasing an additional 6,099 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Royal Bank Of Canada were worth $4,493,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Tradewinds Capital Management LLC acquired a new position in shares of Royal Bank Of Canada in the 4th quarter valued at approximately $26,000. Johnson Financial Group Inc. acquired a new position in shares of Royal Bank Of Canada in the 3rd quarter valued at approximately $27,000. Highline Wealth Partners LLC raised its position in shares of Royal Bank Of Canada by 75.4% in the 4th quarter. Highline Wealth Partners LLC now owns 207 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 89 shares in the last quarter. Cornerstone Planning Group LLC raised its position in shares of Royal Bank Of Canada by 55.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 247 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 88 shares in the last quarter. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Royal Bank Of Canada in the 4th quarter valued at approximately $43,000. 45.31% of the stock is owned by institutional investors and hedge funds.

Royal Bank Of Canada Stock Performance

RY stock opened at $191.24 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.09. The firm has a market cap of $267.30 billion, a P/E ratio of 17.18, a P/E/G ratio of 1.50 and a beta of 0.81. Royal Bank Of Canada has a 12-month low of $126.02 and a 12-month high of $192.03. The stock’s 50 day simple moving average is $177.06 and its 200 day simple moving average is $169.51.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last posted its quarterly earnings results on Thursday, May 28th. The financial services provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.03. The business had revenue of $12.84 billion for the quarter, compared to analyst estimates of $12.74 billion. Royal Bank Of Canada had a return on equity of 17.83% and a net margin of 15.92%.The business’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.12 EPS. As a group, equities research analysts predict that Royal Bank Of Canada will post 11.52 EPS for the current year.

Royal Bank Of Canada Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, July 27th will be given a $1.76 dividend. This is a boost from Royal Bank Of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, July 27th. Royal Bank Of Canada’s dividend payout ratio is 42.41%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Barclays reaffirmed an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Weiss Ratings raised Royal Bank Of Canada from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Royal Bank Of Canada in a research report on Friday, May 29th. Raymond James Financial lowered Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Finally, Scotiabank reissued an “outperform” rating on shares of Royal Bank Of Canada in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.00.

View Our Latest Report on RY

About Royal Bank Of Canada

(Free Report)

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.