Man Group plc Buys Shares of 186,560 Royal Bank Of Canada $RY

Posted by Brian Himes on Aug 27th, 2026

Man Group plc bought a new position in shares of Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 186,560 shares of the financial services provider’s stock, valued at approximately $38,616,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. HighTower Advisors LLC lifted its holdings in shares of Royal Bank Of Canada by 18.5% during the 4th quarter. HighTower Advisors LLC now owns 96,234 shares of the financial services provider’s stock valued at $16,407,000 after purchasing an additional 15,046 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Royal Bank Of Canada by 6.1% during the fourth quarter. Fisher Asset Management LLC now owns 6,373,400 shares of the financial services provider’s stock worth $1,086,601,000 after acquiring an additional 368,534 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Royal Bank Of Canada in the 2nd quarter valued at $2,296,717,000. Rathbones Group PLC boosted its stake in Royal Bank Of Canada by 9.0% in the 4th quarter. Rathbones Group PLC now owns 325,014 shares of the financial services provider’s stock worth $55,480,000 after purchasing an additional 26,782 shares during the period. Finally, Indivisible Partners bought a new position in Royal Bank Of Canada during the 4th quarter worth about $7,335,000. 45.31% of the stock is owned by institutional investors.

Royal Bank Of Canada Stock Performance

Shares of RY stock opened at $207.52 on Thursday. The company has a fifty day moving average price of $208.92 and a two-hundred day moving average price of $187.56. Royal Bank Of Canada has a one year low of $141.37 and a one year high of $218.57. The stock has a market cap of $287.75 billion, a P/E ratio of 18.65, a P/E/G ratio of 1.56 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 (NYSE:RY – Get Free Report) (TSE:RY) last released its quarterly earnings data on Thursday, May 28th. The financial services provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.03. Royal Bank Of Canada had a net margin of 15.92% and a return on equity of 17.68%. The company had revenue of $12.84 billion for the quarter, compared to analyst estimates of $12.74 billion. During the same period in the previous year, the business earned $3.12 EPS. Royal Bank Of Canada’s revenue for the quarter was up 11.4% compared to the same quarter last year. As a group, equities analysts predict that Royal Bank Of Canada will post 11.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Raymond James Financial downgraded Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 12th. Barclays reiterated an “overweight” rating on shares of Royal Bank Of Canada in a report on Friday, August 21st. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Royal Bank Of Canada in a report on Wednesday, August 19th. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research note on Monday, June 1st. Finally, TD Securities restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Royal Bank Of Canada currently has an average rating of “Moderate Buy” and an average target price of $225.00.

Read Our Latest Analysis on Royal Bank Of Canada

Royal Bank Of Canada 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.