IGM Financial (TSE:IGM) Director James Patrick O’sullivan Sells 2,600 Shares of Stock

IGM Financial Inc. (TSE:IGM) Director James Patrick O’sullivan sold 2,600 shares of the business’s stock in a transaction on Friday, June 19th. The shares were sold at an average price of C$80.88, for a total transaction of C$210,288.00. Following the transaction, the director directly owned 48,648 shares of the company’s stock, valued at approximately C$3,934,650.24. This trade represents a 5.07% decrease in their position.

James Patrick O’sullivan also recently made the following trade(s):

• On Friday, June 19th, James Patrick O’sullivan sold 1,700 shares of IGM Financial stock. The stock was sold at an average price of C$81.66, for a total transaction of C$138,822.00.
• On Friday, June 19th, James Patrick O’sullivan sold 2,000 shares of IGM Financial stock. The shares were sold at an average price of C$81.65, for a total transaction of C$163,300.00.
• On Friday, June 19th, James Patrick O’sullivan sold 700 shares of IGM Financial stock. The shares were sold at an average price of C$81.05, for a total transaction of C$56,735.00.
• On Friday, June 19th, James Patrick O’sullivan sold 1,800 shares of IGM Financial stock. The shares were sold at an average price of C$80.93, for a total transaction of C$145,674.00.
• On Friday, June 19th, James Patrick O’sullivan sold 500 shares of IGM Financial stock. The stock was sold at an average price of C$80.86, for a total transaction of C$40,430.00.
• On Friday, June 19th, James Patrick O’sullivan sold 600 shares of IGM Financial stock. The shares were sold at an average price of C$80.56, for a total transaction of C$48,336.00.
• On Friday, June 19th, James Patrick O’sullivan sold 100 shares of IGM Financial stock. The shares were sold at an average price of C$80.62, for a total transaction of C$8,062.00.
• On Friday, June 19th, James Patrick O’sullivan sold 300 shares of IGM Financial stock. The shares were sold at an average price of C$80.61, for a total value of C$24,183.00.
• On Friday, June 19th, James Patrick O’sullivan sold 400 shares of IGM Financial stock. The stock was sold at an average price of C$80.59, for a total value of C$32,236.00.
• On Friday, June 19th, James Patrick O’sullivan sold 200 shares of IGM Financial stock. The stock was sold at an average price of C$80.67, for a total value of C$16,134.00.

IGM Financial Stock Performance

IGM traded down C$0.33 during trading hours on Tuesday, hitting C$77.96. The company’s stock had a trading volume of 247,687 shares, compared to its average volume of 464,877. IGM Financial Inc. has a fifty-two week low of C$42.13 and a fifty-two week high of C$84.41. The company has a current ratio of 1.36, a quick ratio of 0.31 and a debt-to-equity ratio of 81.91. The firm has a market capitalization of C$18.12 billion, a PE ratio of 16.04, a PEG ratio of 4.09 and a beta of 1.03. The company has a 50-day simple moving average of C$77.22 and a 200 day simple moving average of C$69.07.

IGM Financial (TSE:IGM) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share (EPS) for the quarter. IGM Financial had a return on equity of 13.19% and a net margin of 29.97%.The company had revenue of C$1.00 million during the quarter. As a group, sell-side analysts expect that IGM Financial Inc. will post 4.006816 EPS for the current year.

IGM Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 31st will be issued a $0.62 dividend. The ex-dividend date of this dividend is Monday, June 29th. This represents a $2.48 annualized dividend and a yield of 3.2%. IGM Financial’s dividend payout ratio is presently 47.48%.

Analyst Ratings Changes

Several research firms have commented on IGM. BMO Capital Markets raised their target price on shares of IGM Financial from C$68.00 to C$72.00 in a research note on Wednesday, April 29th. Canadian Imperial Bank of Commerce increased their price objective on shares of IGM Financial from C$68.00 to C$76.00 in a report on Wednesday, April 29th. National Bank Financial raised their price objective on shares of IGM Financial from C$82.00 to C$85.00 in a research note on Wednesday, April 29th. Scotiabank boosted their target price on IGM Financial from C$69.00 to C$76.00 in a report on Tuesday, April 28th. Finally, TD upped their target price on IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$73.75.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.