Janney Montgomery Scott LLC Sells 3,080 Shares of Royal Bank Of Canada $RY

Posted by George Bondi on Jul 2nd, 2026

Janney Montgomery Scott LLC reduced its holdings in shares of Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 4.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,617 shares of the financial services provider’s stock after selling 3,080 shares during the period. Janney Montgomery Scott LLC’s holdings in Royal Bank Of Canada were worth $12,072,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of RY. Harvest Fund Management Co. Ltd bought a new position in shares of Royal Bank Of Canada during the fourth quarter valued at approximately $25,000. Tradewinds Capital Management LLC bought a new stake in shares of Royal Bank Of Canada in the 4th quarter worth approximately $26,000. Maseco LLP boosted its position in shares of Royal Bank Of Canada by 355.0% in 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 in the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of Royal Bank Of Canada in the 3rd quarter worth approximately $27,000. Finally, Highline Wealth Partners LLC grew its stake in shares of Royal Bank Of Canada by 75.4% in the 4th quarter. Highline Wealth Partners LLC now owns 207 shares of the financial services provider’s stock worth $35,000 after buying an additional 89 shares during the last quarter. Institutional investors own 45.31% of the company’s stock.

Royal Bank Of Canada Stock Performance

Shares of RY opened at $208.18 on Thursday. The business’s fifty day simple moving average is $190.34 and its two-hundred day simple moving average is $175.99. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.10. Royal Bank Of Canada has a 12 month low of $127.38 and a 12 month high of $209.37. The company has a market cap of $289.32 billion, a price-to-earnings ratio of 18.70, a P/E/G ratio of 1.64 and a beta of 0.79.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last posted its earnings results on Thursday, May 28th. The financial services provider reported $2.84 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $12.84 billion during the quarter, compared to analyst estimates of $12.74 billion. During the same quarter last year, the company earned $3.12 EPS. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. Research analysts anticipate that Royal Bank Of Canada will post 11.45 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, July 27th will be issued a $1.76 dividend. This represents a $7.04 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, July 27th. This is a positive change from Royal Bank Of Canada’s previous quarterly dividend of $1.64. Royal Bank Of Canada’s dividend payout ratio is 42.41%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Weiss Ratings cut Royal Bank Of Canada from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Scotiabank restated an “outperform” rating on shares of Royal Bank Of Canada in a report on Monday, June 1st. Raymond James Financial lowered Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Finally, TD Securities reiterated a “buy” rating on shares of Royal Bank Of Canada in a research note on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and a consensus target price of $225.00.

Check Out Our Latest Research 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.

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

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