Intech Investment Management LLC Sells 17,746 Shares of Bank Of Montreal $BMO

Intech Investment Management LLC lessened its stake in shares of Bank Of Montreal (NYSE:BMO) (TSE:BMO) by 11.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,928 shares of the bank’s stock after selling 17,746 shares during the quarter. Intech Investment Management LLC’s holdings in Bank Of Montreal were worth $17,977,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. True Wealth Design LLC purchased a new stake in Bank Of Montreal during the 3rd quarter valued at $28,000. WFA of San Diego LLC purchased a new position in shares of Bank Of Montreal in the second quarter valued at about $28,000. Toth Financial Advisory Corp bought a new position in shares of Bank Of Montreal during the third quarter valued at about $52,000. Smartleaf Asset Management LLC boosted its holdings in shares of Bank Of Montreal by 107.7% during the third quarter. Smartleaf Asset Management LLC now owns 407 shares of the bank’s stock worth $53,000 after purchasing an additional 211 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of Bank Of Montreal in the second quarter worth about $61,000. 45.82% of the stock is owned by hedge funds and other institutional investors.

More Bank Of Montreal News

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

• Positive Sentiment: Q1 results materially beat expectations: adjusted EPS and net income rose double digits year-over-year and revenue came in above consensus, driven by record fee and markets revenue. This is the main catalyst lifting the stock. BMO Financial Group Reports First Quarter 2026 Results
• Positive Sentiment: Credit-charge improvement: provision for credit losses fell meaningfully from the prior year and commentary/coverage suggests some improvement in commercial (truck) credit — supports higher earnings quality going forward. Bank of Montreal Profit Rises With Lift in Revenue, Drop in Credit-Loss Provision
• Positive Sentiment: Dividend maintained: the board declared a quarterly common dividend of $1.67 (annualized yield ~4.5%), with an ex-dividend date of April 29 — supports income investors and signals capital return confidence. BMO Financial Group Declares Dividends
• Neutral Sentiment: Short interest plunged (~63% decline to ~3.2M shares, ~0.5% of float; days-to-cover ~3.9) — reduces immediate short-squeeze risk and may have removed a technical headwind, but doesn’t change fundamentals.
• Neutral Sentiment: Capital ratios: CET1 dipped modestly to 13.1% from 13.6% — still healthy but worth monitoring if dividends/repurchases increase.
• Negative Sentiment: Credit quality remains a watch item: although PCLs fell, total provisions are still meaningful and analysts flag credit conditions (commercial lending) as a potential downside if macro stress reappears. Bank of Montreal earnings up next: Credit quality in focus

Analyst Ratings Changes

BMO has been the subject of a number of recent analyst reports. Wall Street Zen raised Bank Of Montreal from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Bank Of Montreal in a research note on Monday, December 29th. Raymond James Financial raised Bank Of Montreal from a “market perform” rating to an “outperform” rating in a research note on Friday, February 13th. Zacks Research raised shares of Bank Of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, National Bank Financial restated a “sector perform” rating on shares of Bank Of Montreal in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $163.00.

Bank Of Montreal Price Performance

Shares of BMO stock opened at $148.01 on Thursday. The business’s fifty day moving average is $136.78 and its 200 day moving average is $128.88. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.11. The stock has a market cap of $104.53 billion, a price-to-earnings ratio of 18.14, a PEG ratio of 0.99 and a beta of 0.94. Bank Of Montreal has a twelve month low of $85.40 and a twelve month high of $149.01.

Bank Of Montreal (NYSE:BMO) (TSE:BMO) last announced its quarterly earnings data on Thursday, December 4th. The bank reported $2.36 EPS for the quarter, beating the consensus estimate of $2.16 by $0.20. The business had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.51 billion. Bank Of Montreal had a return on equity of 11.76% and a net margin of 11.13%.The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.90 earnings per share. Research analysts expect that Bank Of Montreal will post 7.71 EPS for the current fiscal year.

Bank Of Montreal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Wednesday, April 29th will be paid a dividend of $1.67 per share. The ex-dividend date of this dividend is Wednesday, April 29th. This represents a $6.68 annualized dividend and a yield of 4.5%. Bank Of Montreal’s payout ratio is presently 59.68%.

About Bank Of Montreal

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.