Wellington Management Group LLP Invests $528.60 Million in Royal Bank Of Canada $RY

Posted by Brenda Bartman on Aug 30th, 2026

Wellington Management Group LLP purchased a new position in shares of Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,553,618 shares of the financial services provider’s stock, valued at approximately $528,597,000.

A number of other institutional investors also recently bought and sold shares of RY. BOK Financial Private Wealth Inc. acquired a new stake in shares of Royal Bank Of Canada during the second quarter worth $28,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Royal Bank Of Canada during the 4th quarter worth about $25,000. Bell Investment Advisors Inc acquired a new stake in Royal Bank Of Canada in the second quarter valued at approximately $32,000. Key Financial Inc raised its position in Royal Bank Of Canada by 63.0% during the first quarter. Key Financial Inc now owns 163 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 63 shares during the period. Finally, Maseco LLP raised its position in shares of Royal Bank Of Canada by 355.0% during 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 last quarter. 45.31% of the stock is currently owned by institutional investors and hedge funds.

Royal Bank Of Canada Price Performance

Shares of RY opened at $204.49 on Friday. The firm has a fifty day moving average price of $209.04 and a 200 day moving average price of $187.92. The stock has a market cap of $283.55 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 1.53 and a beta of 0.80. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.82 and a quick ratio of 0.82. Royal Bank Of Canada has a 1-year low of $143.13 and a 1-year high of $218.57.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last released its quarterly earnings results on Thursday, August 27th. The financial services provider reported $3.07 EPS for the quarter, topping the consensus estimate of $2.89 by $0.18. The company had revenue of $13.22 billion for the quarter, compared to analyst estimates of $12.98 billion. Royal Bank Of Canada had a return on equity of 17.94% and a net margin of 16.17%. As a group, sell-side analysts anticipate that Royal Bank Of Canada will post 11.75 EPS for the current year.

Royal Bank Of Canada Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Monday, October 26th will be issued a $1.76 dividend. This represents a $7.04 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, October 26th. Royal Bank Of Canada’s payout ratio is currently 44.56%.

Key Headlines Impacting Royal Bank Of Canada

Here are the key news stories impacting Royal Bank Of Canada this week:

Positive Sentiment: Record quarterly results beat expectations. RBC reported third-quarter net income of C$6.02 billion, or C$4.23 per share, up from C$5.41 billion and C$3.75 per share a year earlier. On the U.S. reporting measure cited by analysts, earnings were $3.07 per share versus the $2.89 consensus, while revenue of $13.22 billion exceeded the $12.98 billion estimate. Royal Bank of Canada Notches Record Income
Positive Sentiment: Capital markets and commercial banking led the performance. Management said RBC continues to raise the bar, and coverage highlighted strength in these businesses as key drivers of the earnings beat. The results also exceeded expectations alongside strong reports from several Canadian peers, reinforcing confidence in the domestic banking sector. RBC tops expectations on strength in capital markets, commercial banking
Positive Sentiment: The dividend remains a source of shareholder support. RBC declared a quarterly dividend of C$1.76 per share, equivalent to an indicated yield of approximately 3.4% based on the cited market data. Royal Bank of Canada dividend announcement
Neutral Sentiment: Analyst commentary is constructive but valuation is a consideration. Post-earnings coverage views the results as supportive of the investment case, but RBC trades at a relatively full valuation, with a P/E ratio near 18 and shares close to their 52-week high. That may limit the immediate reaction unless earnings growth continues. Is Royal Bank a Good Stock to Buy After Its Q3 Earnings?
Neutral Sentiment: Oil-market uncertainty is a broader macro risk. RBC Capital Markets strategists see additional hurdles for oil prices despite increased Gulf supply. This is not a direct RBC corporate development, but prolonged energy-market volatility could affect Canadian economic conditions, capital-markets activity and credit demand. Wall Street divisions over oil prices
Negative Sentiment: A wrongful-dismissal ruling creates a reputational and legal overhang. Commentary says RBC paid a high price in a case involving a former financial adviser, potentially drawing attention to its employment-investigation practices. The item does not indicate a material earnings impact, but it could weigh modestly on sentiment. RBC pays high price for wrongful dismissal of financial adviser

Analyst Ratings Changes

Several brokerages have issued reports on RY. Weiss Ratings raised shares of Royal Bank Of Canada from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, July 29th. TD Securities reaffirmed a “buy” rating on shares of Royal Bank Of Canada in a research note on Wednesday, August 12th. Scotiabank restated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Friday. Keefe, Bruyette & Woods started coverage on shares of Royal Bank Of Canada in a research note on Friday, August 21st. They set a “market perform” rating on the stock. Finally, Argus set a $225.00 target price on Royal Bank Of Canada in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and an average price target of $225.00.

View Our Latest Report on Royal Bank Of Canada

Royal Bank Of Canada Company Profile

(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.