RWA Wealth Partners LLC Grows Stake in Royal Bank Of Canada $RY

RWA Wealth Partners LLC grew its position in Royal Bank Of Canada (NYSE:RY) (TSE:RY) by 90.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,839 shares of the financial services provider’s stock after buying an additional 3,243 shares during the quarter. RWA Wealth Partners LLC’s holdings in Royal Bank Of Canada were worth $1,008,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Toth Financial Advisory Corp bought a new stake in shares of Royal Bank Of Canada in the third quarter valued at about $29,000. True Wealth Design LLC purchased a new position in Royal Bank Of Canada during the 3rd quarter valued at about $31,000. Atlantic Union Bankshares Corp purchased a new position in Royal Bank Of Canada during the 3rd quarter valued at about $38,000. CoreCap Advisors LLC raised its holdings in shares of Royal Bank Of Canada by 103.8% in the 3rd quarter. CoreCap Advisors LLC now owns 271 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 138 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Royal Bank Of Canada in the 2nd quarter worth approximately $51,000. Institutional investors own 45.31% of the company’s stock.

More Royal Bank Of Canada News

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

• Positive Sentiment: Quarterly beats — Royal Bank reported better‑than‑expected results: Zacks noted quarterly EPS of $2.94 vs. a $2.81 consensus (year‑ago $2.55). Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Stronger headline results and revenue growth — MarketBeat/press materials show EPS and revenue beating Street estimates (MarketBeat cites $4.08 EPS and $13.18B revenue vs. $12.60B est.), with management pointing to broad‑based growth. Listen to the conference call/see the slide deck for segment detail. Listen to Conference Call / Press Release
• Positive Sentiment: Net income and segment strength — Financial Post and WSJ coverage highlight a ~13% rise in net income (~$5.8B) and gains tied to wealth management, personal banking and capital markets, supporting medium‑term earnings power. RBC tops earnings estimates on strong retail and wealth management profits Royal Bank of Canada Earnings Lifted by Wealth Management
• Neutral Sentiment: RBC Capital research activity — The bank’s capital markets arm continues analyst coverage/price‑target work (e.g., raising Home Depot target, initiating coverage on AbbVie). This shows franchise strength but has limited direct impact on RY’s stock moves. Home Depot price target raised to $377 from $363 at RBC Capital
• Negative Sentiment: Elevated credit‑loss provision and earnings nuances — Reports note an elevated credit‑loss provision and differing EPS presentations (adjusted vs. GAAP) across headlines; these factors can temper investor enthusiasm and raise uncertainty about underlying earnings quality. Royal Bank of Canada Earnings Lifted by Wealth Management
• Negative Sentiment: Valuation and profit‑taking risk — RY is trading near its 12‑month high and above its 200‑day average, so some of today’s decline appears to be profit‑taking and re‑rating by investors despite the beat. RBC, TD Beat Estimates as Canadian Banks All Post Revenue Surge

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on RY shares. Weiss Ratings reissued a “buy (b)” rating on shares of Royal Bank Of Canada in a report on Thursday, January 22nd. Zacks Research downgraded Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Scotiabank reissued an “outperform” rating on shares of Royal Bank Of Canada in a research report on Friday, January 9th. Wall Street Zen raised Royal Bank Of Canada from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, UBS Group reiterated a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Royal Bank Of Canada presently has a consensus rating of “Moderate Buy” and an average price target of $162.00.

Royal Bank Of Canada Stock Performance

Shares of RY opened at $169.83 on Friday. Royal Bank Of Canada has a 12 month low of $106.10 and a 12 month high of $176.19. The stock has a fifty day moving average price of $170.06 and a 200-day moving average price of $155.55. 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 firm has a market cap of $237.37 billion, a PE ratio of 16.93, a P/E/G ratio of 1.29 and a beta of 0.79.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last announced its earnings results on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.25. Royal Bank Of Canada had a return on equity of 16.83% and a net margin of 14.83%.The firm had revenue of $12.27 billion for the quarter, compared to the consensus estimate of $12.12 billion. During the same period in the previous year, the business earned $3.07 EPS. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. Equities research analysts predict that Royal Bank Of Canada will post 9.16 earnings per share for the current fiscal year.

Royal Bank Of Canada Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Thursday, April 23rd will be paid a dividend of $1.64 per share. The ex-dividend date is Thursday, April 23rd. This represents a $6.56 dividend on an annualized basis and a dividend yield of 3.9%. Royal Bank Of Canada’s payout ratio is presently 47.66%.

About Royal Bank Of Canada

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.