8,842 Shares in Bank Of Montreal $BMO Purchased by Ausdal Financial Partners Inc.

Key Points

• Ausdal Financial Partners purchased 8,842 shares of Bank of Montreal in the second quarter, valued at approximately $1.56 million. Institutional investors and hedge funds collectively own 45.82% of the bank’s stock.
• Bank of Montreal’s adjusted third-quarter earnings exceeded expectations, with adjusted EPS rising 22% year over year to $3.96 and revenue increasing about 10% to $7.1 billion, driven by U.S. banking and capital markets strength.
• Analysts have a mixed view of the stock, resulting in a consensus “Hold” rating and a $163 price target. BMO maintained its $1.71 quarterly dividend, equivalent to a $6.84 annualized payout and roughly a 4% yield.

Ausdal Financial Partners Inc. purchased a new stake in Bank Of Montreal (NYSE:BMO - Free Report) TSE: BMO in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,842 shares of the bank's stock, valued at approximately $1,562,000.

Other hedge funds have also recently bought and sold shares of the company. Jefferies Financial Group Inc. boosted its position in Bank Of Montreal by 6,300.1% during the 4th quarter. Jefferies Financial Group Inc. now owns 479,492 shares of the bank's stock worth $62,233,000 after acquiring an additional 472,000 shares during the period. Bank of Nova Scotia bought a new position in shares of Bank Of Montreal in the second quarter worth $920,002,000. Tacita Capital Inc acquired a new position in shares of Bank Of Montreal during the second quarter valued at $1,518,000. Andra AP fonden acquired a new position in shares of Bank Of Montreal during the first quarter valued at $3,979,000. Finally, Deutsche Bank AG bought a new stake in shares of Bank Of Montreal during the second quarter valued at about $235,791,000. Institutional investors and hedge funds own 45.82% of the company's stock.

Trending Headlines about Bank Of Montreal

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

• Positive Sentiment: Adjusted earnings exceeded expectations: Adjusted EPS rose 22% year over year to $3.96, above the approximately $2.71–$2.86 analyst estimates cited in reports. Revenue increased about 10% to roughly $7.1 billion, supported by strength in U.S. banking and capital markets. BMO Financial beats third-quarter forecasts as capital markets earnings surge
• Positive Sentiment: Capital markets momentum was a key catalyst: Earnings in the division surged, while stronger U.S. banking results helped BMO beat forecasts despite ongoing concerns about tariffs and the economic outlook. Provisions for credit losses also declined to $722 million from $797 million a year earlier. Bank of Montreal beats earnings estimates on US banking strength
• Positive Sentiment: Planned share repurchases could support the stock: BMO intends to buy back and cancel up to 25 million common shares, subject to OSFI and TSX approval. The program could reduce the share count and enhance per-share earnings over time. BMO announces intention to repurchase shares
• Neutral Sentiment: Dividend was maintained: BMO declared a quarterly dividend of $1.71 per share, unchanged from the prior quarter, representing an annualized $6.84 payout and an indicated yield near 3.9%. The consistency supports income investors but offers no new dividend-growth catalyst. BMO declares dividends
• Negative Sentiment: Reported results declined sharply: Net income fell 25% to $1.75 billion and reported EPS dropped 24% to $2.38, primarily reflecting a charge related to the sale of assets. Reported ROE decreased to 8.4% from 11.6%, while the CET1 ratio eased to 13.0% from 13.5%. These figures likely explain the cautious reaction despite the adjusted earnings beat. BMO reports third-quarter 2026 results

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. TD Securities reiterated a "buy" rating on shares of Bank Of Montreal in a research report on Wednesday, August 12th. Raymond James Financial restated an "outperform" rating on shares of Bank Of Montreal in a research report on Tuesday, May 12th. Weiss Ratings lowered shares of Bank Of Montreal from a "buy (b+)" rating to a "buy (b)" rating in a research note on Thursday, July 23rd. Barclays reiterated an "underweight" rating on shares of Bank Of Montreal in a research note on Friday, August 21st. Finally, Scotiabank reissued an "outperform" rating on shares of Bank Of Montreal in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Bank Of Montreal presently has an average rating of "Hold" and a consensus price target of $163.00.

Bank Of Montreal Price Performance

NYSE BMO opened at $172.83 on Thursday. Bank Of Montreal has a 1 year low of $118.13 and a 1 year high of $187.22. The business's fifty day moving average is $177.88 and its two-hundred day moving average is $159.11. The stock has a market capitalization of $120.49 billion, a P/E ratio of 19.51, a P/E/G ratio of 1.06 and a beta of 0.94. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.02.

Bank Of Montreal (NYSE:BMO - Get Free Report) TSE: BMO last released its quarterly earnings data on Wednesday, May 27th. The bank reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.14. The business had revenue of $7.04 billion during the quarter, compared to analyst estimates of $6.98 billion. Bank Of Montreal had a return on equity of 13.60% and a net margin of 11.72%.The company's revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company posted $2.62 EPS. On average, research analysts forecast that Bank Of Montreal will post 10.49 earnings per share for the current fiscal year.

Bank Of Montreal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 26th. Shareholders of record on Friday, October 30th will be paid a dividend of $1.71 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.84 dividend on an annualized basis and a yield of 4.0%. Bank Of Montreal's dividend payout ratio is currently 51.06%.

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.

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