Franklin Resources Inc. Purchases 15,751 Shares of Royal Bank Of Canada $RY

Posted by Francis Steltz on Jun 9th, 2026

Franklin Resources Inc. raised its position in Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,425,642 shares of the financial services provider’s stock after buying an additional 15,751 shares during the period. Franklin Resources Inc.’s holdings in Royal Bank Of Canada were worth $413,528,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd acquired a new position in shares of Royal Bank Of Canada in the 4th quarter worth approximately $25,000. Tradewinds Capital Management LLC bought a new position in Royal Bank Of Canada during the 4th quarter worth approximately $26,000. Johnson Financial Group Inc. acquired a new position in Royal Bank Of Canada during the third quarter valued at approximately $27,000. Highline Wealth Partners LLC grew its holdings in Royal Bank Of Canada by 75.4% during the fourth 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 during the period. Finally, Atlantic Union Bankshares Corp bought a new stake in Royal Bank Of Canada in the third quarter valued at approximately $38,000. 45.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RY. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Royal Bank Of Canada in a report on Friday, May 29th. Raymond James Financial downgraded Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 12th. Weiss Ratings raised Royal Bank Of Canada from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, June 1st. Finally, Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Monday, June 1st. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $162.00.

View Our Latest Research Report on Royal Bank Of Canada

Royal Bank Of Canada Stock Up 0.7%

Shares of Royal Bank Of Canada stock opened at $195.34 on Tuesday. The firm has a market cap of $271.47 billion, a PE ratio of 17.55, a P/E/G ratio of 1.53 and a beta of 0.81. The business’s 50 day simple moving average is $179.06 and its 200 day simple moving average is $170.51. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.70 and a current ratio of 0.70. Royal Bank Of Canada has a 52-week low of $126.02 and a 52-week high of $196.53.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last issued its quarterly earnings results on Thursday, May 28th. The financial services provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.03. Royal Bank Of Canada had a net margin of 15.92% and a return on equity of 17.83%. The company had revenue of $12.84 billion during the quarter, compared to analysts’ expectations of $12.74 billion. During the same period last year, the business earned $3.12 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis. On average, analysts predict that Royal Bank Of Canada will post 11.52 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 Monday, August 24th. Shareholders of record on Monday, July 27th will be paid a $1.76 dividend. This represents a $7.04 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, July 27th. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. Royal Bank Of Canada’s dividend payout ratio (DPR) is presently 42.41%.

Royal Bank Of Canada Company Profile

(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.