Global Retirement Partners LLC Buys Shares of 11,249 Royal Bank Of Canada $RY

Posted by Brenda Bartman on Aug 17th, 2026

Global Retirement Partners LLC purchased a new position in Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,249 shares of the financial services provider’s stock, valued at approximately $2,328,000.

A number of other hedge funds also recently bought and sold shares of RY. Vanguard Group Inc. raised its position in Royal Bank Of Canada by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 67,628,463 shares of the financial services provider’s stock worth $11,529,165,000 after acquiring an additional 1,290,142 shares during the period. FIL Ltd lifted its position in Royal Bank Of Canada by 1.1% during the fourth quarter. FIL Ltd now owns 23,258,871 shares of the financial services provider’s stock valued at $3,965,133,000 after purchasing an additional 255,465 shares in the last quarter. Norges Bank bought a new stake in Royal Bank Of Canada during the fourth quarter valued at about $3,472,382,000. Bank of Nova Scotia increased its position in Royal Bank Of Canada by 1.6% in the fourth quarter. Bank of Nova Scotia now owns 15,233,532 shares of the financial services provider’s stock worth $2,596,904,000 after buying an additional 238,589 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Royal Bank Of Canada by 6.9% in the fourth quarter. Geode Capital Management LLC now owns 13,741,480 shares of the financial services provider’s stock worth $2,389,773,000 after buying an additional 882,253 shares during the period. Hedge funds and other institutional investors own 45.31% of the company’s stock.

Royal Bank Of Canada Stock Up 0.1%

Shares of RY stock opened at $216.67 on Monday. The stock has a market cap of $300.44 billion, a P/E ratio of 19.47, a PEG ratio of 1.71 and a beta of 0.80. Royal Bank Of Canada has a 52 week low of $135.92 and a 52 week high of $218.57. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.10. The company’s fifty day simple moving average is $207.42 and its two-hundred day simple moving average is $185.32.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last issued its earnings results on Thursday, May 28th. The financial services provider reported $2.84 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $12.84 billion for the quarter, compared to analysts’ expectations of $12.74 billion. During the same period in the previous year, the firm posted $3.12 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. Analysts predict that Royal Bank Of Canada will post 11.47 EPS 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. Stockholders of record on Monday, July 27th will be paid 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 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, July 27th. Royal Bank Of Canada’s payout ratio is currently 44.56%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. TD Securities reaffirmed a “buy” rating on shares of Royal Bank Of Canada in a research report on Wednesday. Weiss Ratings upgraded shares of Royal Bank Of Canada from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, July 29th. Argus set a $225.00 price target on shares of Royal Bank Of Canada in a report on Thursday, June 11th. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Monday, June 1st. Finally, Raymond James Financial downgraded shares of Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and an average target price of $225.00.

Read Our Latest Stock Analysis 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.

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Institutional Ownership by Quarter for Royal Bank Of Canada (NYSE:RY)

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