Canadian Imperial Bank of Commerce $CM Stake Lessened by MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd

Posted by Geri Gentry on Oct 29th, 2026

MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd lowered its position in shares of Canadian Imperial Bank of Commerce (NYSE:CM – Free Report) (TSE:CM) by 7.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 204,833 shares of the bank’s stock after selling 15,306 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 2.9% of MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd’s holdings, making the stock its 12th largest holding. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd’s holdings in Canadian Imperial Bank of Commerce were worth $22,568,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. West Family Investments Inc. lifted its position in Canadian Imperial Bank of Commerce by 4.1% during the second quarter. West Family Investments Inc. now owns 2,724 shares of the bank’s stock valued at $313,000 after buying an additional 107 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in Canadian Imperial Bank of Commerce by 0.8% during the second quarter. Integrated Wealth Concepts LLC now owns 14,479 shares of the bank’s stock worth $1,665,000 after buying an additional 110 shares during the period. Sequoia Financial Advisors LLC grew its stake in Canadian Imperial Bank of Commerce by 1.1% during the second quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the bank’s stock worth $1,172,000 after buying an additional 113 shares during the period. Carter Financial Group INC. grew its stake in Canadian Imperial Bank of Commerce by 5.8% during the third quarter. Carter Financial Group INC. now owns 2,176 shares of the bank’s stock worth $241,000 after buying an additional 120 shares during the period. Finally, Greenspring Advisors LLC increased its position in shares of Canadian Imperial Bank of Commerce by 5.6% in the second quarter. Greenspring Advisors LLC now owns 2,445 shares of the bank’s stock worth $281,000 after acquiring an additional 129 shares in the last quarter. Institutional investors and hedge funds own 49.88% of the company’s stock.

Canadian Imperial Bank of Commerce Stock Performance

Shares of NYSE:CM opened at $117.61 on Thursday. The company has a market cap of $106.78 billion, a P/E ratio of 15.70, a PEG ratio of 1.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.05 and a current ratio of 1.05. Canadian Imperial Bank of Commerce has a one year low of $81.87 and a one year high of $124.86. The business’s 50-day simple moving average is $113.68 and its 200 day simple moving average is $108.33.

Canadian Imperial Bank of Commerce (NYSE:CM – Get Free Report) (TSE:CM) last released its quarterly earnings results on Thursday, August 27th. The bank reported $1.96 EPS for the quarter, topping the consensus estimate of $1.80 by $0.16. The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.74 billion. Canadian Imperial Bank of Commerce had a return on equity of 17.02% and a net margin of 16.09%. On average, sell-side analysts forecast that Canadian Imperial Bank of Commerce will post 7.60 earnings per share for the current fiscal year.

Canadian Imperial Bank of Commerce Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Monday, September 28th were paid a dividend of C$1.07 per share. The ex-dividend date was Monday, September 28th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.6%. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is currently 41.26%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CM. Desjardins downgraded shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “hold” rating in a research note on Tuesday, August 4th. TD Securities restated a “buy” rating on shares of Canadian Imperial Bank of Commerce in a report on Wednesday, August 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Canadian Imperial Bank of Commerce in a research report on Friday, August 28th. Weiss Ratings upgraded Canadian Imperial Bank of Commerce from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, August 27th. Finally, Barclays reiterated an “overweight” rating on shares of Canadian Imperial Bank of Commerce in a report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Canadian Imperial Bank of Commerce presently has an average rating of “Moderate Buy” and an average target price of $160.00.

View Our Latest Stock Analysis on CM

Canadian Imperial Bank of Commerce Profile

(Free Report)

Canadian Imperial Bank of Commerce (CIBC) is a Canadian financial institution headquartered in Toronto, Ontario. The bank provides a broad range of financial products and services to individuals, businesses, institutions and governments through its Canadian and U.S. operations.

CIBC’s main businesses include personal and business banking, commercial banking, wealth management, and capital markets. Its offerings include deposit accounts, mortgages, consumer and business lending, credit cards, investment and advisory services, and financial planning.