Burkett Asset Management Ltd Invests $3.08 Million in Bank Of Montreal $BMO

Posted by George Bondi on Jun 12th, 2026

Burkett Asset Management Ltd bought a new position in shares of Bank Of Montreal (NYSE:BMO – Free Report) (TSE:BMO) in the 4th quarter, HoldingsChannel reports. The fund bought 23,700 shares of the bank’s stock, valued at approximately $3,082,000. Bank Of Montreal comprises approximately 3.1% of Burkett Asset Management Ltd’s investment portfolio, making the stock its 11th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WFA of San Diego LLC bought a new stake in shares of Bank Of Montreal during the second quarter worth about $28,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Bank Of Montreal during the fourth quarter worth about $29,000. Larson Financial Group LLC increased its position in shares of Bank Of Montreal by 466.7% during the third quarter. Larson Financial Group LLC now owns 238 shares of the bank’s stock worth $31,000 after acquiring an additional 196 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Bank Of Montreal during the fourth quarter worth about $34,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of Bank Of Montreal during the third quarter worth about $42,000. 45.82% of the stock is owned by institutional investors.

Bank Of Montreal Trading Up 1.4%

Shares of BMO stock opened at $166.66 on Friday. Bank Of Montreal has a 52-week low of $104.08 and a 52-week high of $167.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.02. The company has a 50-day simple moving average of $153.46 and a two-hundred day simple moving average of $141.91. The company has a market capitalization of $116.73 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 0.92 and a beta of 0.95.

Bank Of Montreal (NYSE:BMO – Get Free Report) (TSE:BMO) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.14. Bank Of Montreal had a net margin of 12.60% and a return on equity of 13.04%. The business had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.98 billion. During the same period in the prior year, the firm posted $2.62 EPS. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. Research analysts anticipate that Bank Of Montreal will post 11.82 EPS for the current fiscal year.

Bank Of Montreal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Thursday, July 30th will be given a $1.71 dividend. This represents a $6.84 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, July 30th. This is a positive change from Bank Of Montreal’s previous quarterly dividend of $1.67. Bank Of Montreal’s payout ratio is currently 50.96%.

Analysts Set New Price Targets

Several research firms have recently commented on BMO. National Bank Financial reissued a “sector perform” rating on shares of Bank Of Montreal in a research report on Wednesday, February 25th. Raymond James Financial reissued an “outperform” rating on shares of Bank Of Montreal in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Bank Of Montreal from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, May 28th. Scotiabank raised shares of Bank Of Montreal from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, June 1st. Finally, Desjardins reissued a “hold” rating on shares of Bank Of Montreal in a research report on Thursday, May 28th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $163.00.

View Our Latest Stock Report on Bank Of Montreal

Bank Of Montreal Profile

(Free Report)

Bank of Montreal (NYSE:BMO), commonly known as BMO Financial Group, is one of Canada’s largest and longest-established banks. Founded in Montreal and headquartered in Montreal, Quebec, the bank provides a broad range of financial services to retail, commercial, corporate and institutional clients. BMO is publicly listed in both Canada and the United States and operates under a consolidated financial services model that integrates banking, capital markets, wealth management and asset management activities.

BMO’s core businesses include personal and commercial banking—offering checking and savings accounts, lending, mortgages, and small-business services—alongside wealth management and private banking through its asset and investment management divisions.