Citigroup Inc. Raises Stake in Royal Bank Of Canada $RY

2026-03-02 09:34:09

Citigroup Inc. significantly increased its stake in Royal Bank of Canada (NYSE: RY) by 76.2% in Q3, now holding over 608,000 shares valued at approximately $89.7 million. This comes as Royal Bank of Canada reported strong Q3 earnings, beating analyst estimates with $2.76 EPS and $12.27 billion in revenue, and subsequently raised its quarterly dividend to $1.64. The stock currently trades around $172.47, with analysts maintaining a “Moderate Buy” consensus rating.

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