Candriam S.C.A. Raises Stock Position in Royal Bank Of Canada $RY

Posted by Geri Gentry on Jul 11th, 2026

Candriam S.C.A. raised its stake in shares of Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 34.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 232,260 shares of the financial services provider’s stock after buying an additional 59,590 shares during the period. Candriam S.C.A.’s holdings in Royal Bank Of Canada were worth $37,427,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC lifted its holdings in Royal Bank Of Canada by 18.5% during the fourth quarter. HighTower Advisors LLC now owns 96,234 shares of the financial services provider’s stock valued at $16,407,000 after purchasing an additional 15,046 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Royal Bank Of Canada by 6.1% in the fourth quarter. Fisher Asset Management LLC now owns 6,373,400 shares of the financial services provider’s stock worth $1,086,601,000 after purchasing an additional 368,534 shares in the last quarter. Rathbones Group PLC increased its stake in shares of Royal Bank Of Canada by 9.0% in the fourth quarter. Rathbones Group PLC now owns 325,014 shares of the financial services provider’s stock worth $55,480,000 after purchasing an additional 26,782 shares in the last quarter. Indivisible Partners bought a new stake in shares of Royal Bank Of Canada during the 4th quarter valued at $7,335,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Royal Bank Of Canada during the 4th quarter valued at $49,450,000. 45.31% of the stock is currently owned by hedge funds and other institutional investors.

Royal Bank Of Canada Stock Performance

RY opened at $211.08 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $293.34 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.65 and a beta of 0.80. The company has a fifty day moving average of $194.71 and a 200 day moving average of $177.92. Royal Bank Of Canada has a fifty-two week low of $127.38 and a fifty-two week high of $211.39.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last announced its quarterly earnings results on Thursday, May 28th. The financial services provider reported $2.84 EPS 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 17.68%. The business had revenue of $12.84 billion for the quarter, compared to analysts’ expectations of $12.74 billion. During the same quarter in the previous year, the company earned $3.12 EPS. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Royal Bank Of Canada will post 11.45 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, July 27th will be given a $1.76 dividend. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, July 27th. Royal Bank Of Canada’s dividend payout ratio (DPR) is presently 42.41%.

Analyst Ratings Changes

Several research analysts recently weighed in on RY shares. Scotiabank reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a report on Monday, June 1st. Raymond James Financial cut Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 12th. Argus set a $225.00 price objective on Royal Bank Of Canada in a research report on Thursday, June 11th. TD Securities reaffirmed a “buy” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Royal Bank Of Canada in a report on Friday, May 29th. 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 company presently has an average rating of “Moderate Buy” and a consensus target price of $225.00.

Check Out Our Latest Stock Report on Royal Bank Of Canada

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.