Montrusco Bolton Investments Inc. Has $44.83 Million Stock Holdings in Royal Bank Of Canada $RY

Posted by Brenda Bartman on Jul 5th, 2026

Montrusco Bolton Investments Inc. trimmed its holdings in shares of Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 2.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 278,201 shares of the financial services provider’s stock after selling 7,272 shares during the quarter. Royal Bank Of Canada accounts for 0.7% of Montrusco Bolton Investments Inc.’s holdings, making the stock its 29th biggest position. Montrusco Bolton Investments Inc.’s holdings in Royal Bank Of Canada were worth $44,830,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd bought a new stake in shares of Royal Bank Of Canada during the fourth quarter worth $25,000. Tradewinds Capital Management LLC bought a new stake in Royal Bank Of Canada in the 4th quarter valued at $26,000. Key Financial Inc lifted its position in Royal Bank Of Canada by 63.0% in the 1st quarter. Key Financial Inc now owns 163 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 63 shares in the last quarter. Maseco LLP boosted its stake in Royal Bank Of Canada by 355.0% in the 1st quarter. Maseco LLP now owns 182 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 142 shares during the period. Finally, Johnson Financial Group Inc. acquired a new position in Royal Bank Of Canada in the 3rd quarter worth $27,000. 45.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on RY shares. Raymond James Financial cut Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 12th. TD Securities restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Royal Bank Of Canada in a research report on Friday, May 29th. Weiss Ratings cut shares of Royal Bank Of Canada from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, June 29th. Finally, Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a report on Monday, June 1st. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $225.00.

Get Our Latest Stock Report on RY

Royal Bank Of Canada Stock Down 0.1%

NYSE:RY opened at $204.64 on Friday. The firm has a market capitalization of $284.39 billion, a price-to-earnings ratio of 18.39, a price-to-earnings-growth ratio of 1.62 and a beta of 0.80. Royal Bank Of Canada has a twelve month low of $127.38 and a twelve month high of $209.37. The stock’s 50 day moving average price is $191.45 and its two-hundred day moving average price is $176.46. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.10.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last released its quarterly earnings data on Thursday, May 28th. The financial services provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.81 by $0.03. Royal Bank Of Canada had a return on equity of 17.68% and a net margin of 15.92%.The company had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.74 billion. During the same quarter in the prior year, the firm posted $3.12 EPS. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. Equities research analysts expect that Royal Bank Of Canada will post 11.45 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, July 27th will be paid a dividend of $1.76 per share. The ex-dividend date is Monday, July 27th. This represents a $7.04 annualized dividend and a dividend yield of 3.4%. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. Royal Bank Of Canada’s dividend payout ratio is presently 42.41%.

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.