ING Group, N.V. $ING Shares Sold by Royal Bank of Canada

Posted by Francis Steltz on Aug 1st, 2026

Royal Bank of Canada lowered its position in ING Group, N.V. (NYSE:ING – Free Report) by 4.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,486,315 shares of the financial services provider’s stock after selling 164,475 shares during the quarter. Royal Bank of Canada’s holdings in ING Group were worth $90,818,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. MidFirst Bank purchased a new stake in shares of ING Group in the 4th quarter worth about $25,000. YANKCOM Partnership grew its stake in ING Group by 197.2% in the 4th quarter. YANKCOM Partnership now owns 948 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 629 shares during the last quarter. Evergreen Advisors LLC purchased a new position in ING Group during the 1st quarter valued at about $28,000. Binnacle Investments Inc increased its holdings in ING Group by 57.0% during the 3rd quarter. Binnacle Investments Inc now owns 1,088 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 395 shares in the last quarter. Finally, Transamerica Financial Advisors LLC raised its position in ING Group by 359.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,113 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 871 shares during the last quarter. Institutional investors and hedge funds own 4.49% of the company’s stock.

Wall Street Analysts Forecast Growth

ING has been the topic of several recent research reports. Zacks Research raised shares of ING Group from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Weiss Ratings raised shares of ING Group from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Read Our Latest Report on ING

ING Group Stock Up 0.1%

Shares of NYSE:ING opened at $34.98 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.73. ING Group, N.V. has a 52-week low of $22.53 and a 52-week high of $35.06. The stock’s fifty day simple moving average is $31.67 and its 200-day simple moving average is $29.53. The company has a market capitalization of $100.03 billion, a P/E ratio of 13.05, a P/E/G ratio of 0.87 and a beta of 0.85.

ING Group (NYSE:ING – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.04. The business had revenue of $4.76 billion for the quarter, compared to analyst estimates of $6.99 billion. ING Group had a return on equity of 12.84% and a net margin of 28.15%. As a group, equities research analysts forecast that ING Group, N.V. will post 2.87 earnings per share for the current fiscal year.

ING Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be issued a $0.458 dividend. This represents a yield of 262.0%. The ex-dividend date is Monday, August 10th. ING Group’s dividend payout ratio is 57.71%.

Key ING Group News

Here are the key news stories impacting ING Group this week:

Positive Sentiment: Quarterly profit beat expectations. ING reported a second-quarter net result of €1.947 billion and EPS of $0.79, exceeding the $0.75 consensus estimate. The bank also cited accelerated growth in its customer base and customer balances. ING second-quarter results
Positive Sentiment: ING raised its outlook for 2026 and 2027. Following the earnings beat, management lifted full-year total-income guidance to more than €24.5 billion. Higher guidance signals confidence in revenue generation and profitability and is likely the main catalyst for investor optimism. ING raises full-year guidance
Positive Sentiment: Defense-related lending could expand. Chief Executive Steven van Rijswijk said ING’s defense loan book could double over the next several years, potentially creating additional loan growth and fee opportunities as European defense spending increases. ING defense loan book outlook
Positive Sentiment: Dividend reinforces shareholder returns. ING declared a €0.458-per-share dividend for shareholders of record on August 10, payable August 17. The payment provides a near-term income catalyst, although the reported 262% yield appears inconsistent with the dividend amount and share price.
Neutral Sentiment: Risk-management leadership was approved. Shareholders approved Andrea Cesaroni as ING’s new chief risk officer. The appointment supports governance continuity but is unlikely to materially change near-term earnings expectations. ING chief risk officer appointment
Negative Sentiment: Revenue was below the reported consensus estimate. ING posted quarterly revenue of $4.76 billion versus the cited $6.99 billion expectation, which could limit the upside if investors focus on top-line performance rather than the profit beat and upgraded outlook.

ING Group Company Profile

(Free Report)

ING Group N.V. is a Dutch multinational financial services company headquartered in Amsterdam. Formed through the consolidation of Dutch financial businesses, ING operates as a banking and financial services group that serves retail, small and medium-sized enterprises, large corporates and institutional clients. The company is organized under a two-tier governance model common in the Netherlands, with an Executive Board responsible for day-to-day management and a Supervisory Board providing oversight.

ING’s principal activities include retail and direct banking, commercial and wholesale banking, corporate lending, transaction services and cash management, and a range of investment and savings products.