Erste Asset Management GmbH Raises Stake in Royal Bank Of Canada $RY

Erste Asset Management GmbH lifted its holdings in shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 133.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 112,374 shares of the financial services provider’s stock after buying an additional 64,290 shares during the quarter. Erste Asset Management GmbH’s holdings in Royal Bank Of Canada were worth $16,532,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Toth Financial Advisory Corp purchased a new position in shares of Royal Bank Of Canada in the third quarter valued at about $29,000. True Wealth Design LLC bought a new stake in shares of Royal Bank Of Canada in the 3rd quarter worth approximately $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of Royal Bank Of Canada during the third quarter valued at approximately $38,000. CoreCap Advisors LLC raised its holdings in shares of Royal Bank Of Canada by 103.8% during the third quarter. CoreCap Advisors LLC now owns 271 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 138 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Royal Bank Of Canada by 86.5% in the second quarter. Smartleaf Asset Management LLC now owns 388 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 180 shares during the period. 45.31% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Royal Bank Of Canada

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

• Positive Sentiment: Q1 results beat expectations — RBC reported EPS of $2.94 vs. the $2.81 consensus and revenue of $13.18B (vs. $12.6B est.), driven by growth in personal banking, wealth management and capital markets; this supports the bank’s earnings outlook and valuation. Zacks: RY beats Q1 earnings
• Positive Sentiment: Net income and revenue momentum — reporting showed ~13% net income growth and broad-based revenue strength across retail and capital markets, echoing peer-beating results for Canadian banks this quarter. Financial Post: RBC tops earnings estimates
• Positive Sentiment: Dividend maintained and investor-friendly payout — RBC declared a quarterly dividend of $1.64 (annualized yield ~3.9%, ex-dividend April 23), which supports yield-seeking investors and long-term total-return expectations.
• Neutral Sentiment: Earnings materials released — the company posted its Q1 earnings presentation and call materials (useful for assessing segment-level trends and management commentary). Seeking Alpha: Q1 presentation
• Neutral Sentiment: RBC’s capital markets research remains active — the bank’s equity research is initiating and updating coverage (e.g., Eli Lilly, AbbVie), which speaks to the franchise’s research reach but has limited direct impact on RY’s near-term stock moves. InsiderMonkey: RBC initiates LLY coverage
• Negative Sentiment: Talent attrition and trading losses in high‑yield desk — reports say at least five high‑yield analysts/traders have left after losses tied to the First Brands Group collapse, raising concerns about risk controls, P&L volatility in the corporate credit franchise and potential reputational/human‑capital costs. Financial Post: High-yield desk attrition

Royal Bank Of Canada Stock Down 1.5%

Shares of NYSE:RY opened at $167.26 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11. The stock has a fifty day simple moving average of $170.03 and a two-hundred day simple moving average of $155.79. Royal Bank Of Canada has a 12-month low of $106.10 and a 12-month high of $176.19. The stock has a market capitalization of $233.78 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.26 and a beta of 0.79.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last released its earnings results on Thursday, February 26th. The financial services provider reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $13.18 billion for the quarter, compared to analysts’ expectations of $12.60 billion. Royal Bank Of Canada had a return on equity of 17.30% and a net margin of 15.28%.The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $3.62 earnings per share. On average, research analysts anticipate that Royal Bank Of Canada will post 9.16 earnings per share for the current fiscal year.

Royal Bank Of Canada Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Thursday, April 23rd will be paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, April 23rd. Royal Bank Of Canada’s dividend payout ratio (DPR) is currently 45.74%.

Analysts Set New Price Targets

Several research firms recently weighed in on RY. TD Cowen upgraded shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th. Wall Street Zen raised shares of Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. National Bank Financial reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Thursday, December 4th. Weiss Ratings restated a “buy (b)” rating on shares of Royal Bank Of Canada in a report on Thursday, January 22nd. Finally, UBS Group reaffirmed a “buy” rating on shares of Royal Bank Of Canada in a research report on Tuesday, November 25th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.

Royal Bank Of Canada Profile

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.