Royal Bank of Canada Sells 11,145 Shares of Intercontinental Hotels Group $IHG

Posted by on Aug 2nd, 2026

Royal Bank of Canada cut its position in Intercontinental Hotels Group (NYSE:IHG – Free Report) by 2.4% in the first quarter, HoldingsChannel.com reports. The firm owned 454,016 shares of the company’s stock after selling 11,145 shares during the quarter. Royal Bank of Canada’s holdings in Intercontinental Hotels Group were worth $60,594,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its holdings in Intercontinental Hotels Group by 228.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,844 shares of the company’s stock worth $531,000 after buying an additional 3,368 shares during the period. Goldman Sachs Group Inc. increased its stake in Intercontinental Hotels Group by 2.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 668,948 shares of the company’s stock worth $73,310,000 after buying an additional 16,461 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Intercontinental Hotels Group by 44.9% during the second quarter. Russell Investments Group Ltd. now owns 2,518 shares of the company’s stock valued at $290,000 after acquiring an additional 780 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Intercontinental Hotels Group by 42.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 434 shares of the company’s stock valued at $50,000 after acquiring an additional 129 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Intercontinental Hotels Group by 56.3% in the second quarter. EverSource Wealth Advisors LLC now owns 933 shares of the company’s stock valued at $108,000 after acquiring an additional 336 shares in the last quarter. 15.09% of the stock is currently owned by institutional investors.

Intercontinental Hotels Group Trading Down 0.2%

Shares of NYSE IHG opened at $162.32 on Friday. Intercontinental Hotels Group has a 52-week low of $113.32 and a 52-week high of $175.89. The firm’s fifty day moving average is $163.52 and its two-hundred day moving average is $148.40.

Wall Street Analysts Forecast Growth

IHG has been the subject of a number of recent analyst reports. Sanford C. Bernstein upped their price objective on Intercontinental Hotels Group from $141.00 to $154.00 and gave the stock a “market perform” rating in a research note on Friday, May 15th. Zacks Research downgraded Intercontinental Hotels Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Intercontinental Hotels Group in a report on Tuesday, May 26th. Finally, Jefferies Financial Group upped their price target on Intercontinental Hotels Group from $160.00 to $195.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $174.50.

Read Our Latest Report on Intercontinental Hotels Group

About Intercontinental Hotels Group

(Free Report)

Intercontinental Hotels Group plc (IHG) is a multinational hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. The company operates across full-service luxury and upscale segments as well as midscale and extended-stay categories, providing lodging, food and beverage, meeting and event services, and related guest amenities. IHG’s business model emphasizes brand franchising and management agreements, while retaining ownership or direct investments in a smaller portion of its global property portfolio.

IHG’s brand portfolio spans global and regional names designed to serve different traveler needs and market segments.

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Institutional Ownership by Quarter for Intercontinental Hotels Group (NYSE:IHG)

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