Intech Investment Management LLC Has $30.41 Million Holdings in Bank Of Montreal $BMO

Key Points

• Intech Investment Management boosted its Bank of Montreal stake by 69.5% in the fourth quarter, ending with 233,814 shares valued at about $30.4 million.
• Bank of Montreal’s latest earnings topped expectations, with Q2 EPS of $2.68 versus $2.54 expected and revenue of $7.04 billion, while net income rose 34% year over year.
• The bank also raised its quarterly dividend to $1.71 per share, up from $1.67, implying an annualized yield of about 4.2%.

Intech Investment Management LLC increased its stake in Bank Of Montreal (NYSE:BMO - Free Report) TSE: BMO by 69.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 233,814 shares of the bank's stock after purchasing an additional 95,886 shares during the period. Intech Investment Management LLC's holdings in Bank Of Montreal were worth $30,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Bank Of Montreal by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 33,017,205 shares of the bank's stock worth $4,287,878,000 after purchasing an additional 673,248 shares during the period. Canerector Inc. boosted its stake in Bank Of Montreal by 18,035.0% in the 3rd quarter. Canerector Inc. now owns 22,668,750 shares of the bank's stock worth $2,952,605,000 after purchasing an additional 22,543,750 shares during the period. TD Asset Management Inc boosted its stake in shares of Bank Of Montreal by 10.3% during the 3rd quarter. TD Asset Management Inc now owns 19,079,026 shares of the bank's stock worth $2,486,691,000 after buying an additional 1,789,188 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Bank Of Montreal by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 7,030,219 shares of the bank's stock worth $932,242,000 after buying an additional 442,812 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Bank Of Montreal by 0.5% during the 4th quarter. Legal & General Group Plc now owns 4,550,324 shares of the bank's stock worth $591,714,000 after buying an additional 24,658 shares during the last quarter. 45.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on BMO. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Bank Of Montreal in a research note on Thursday. Wall Street Zen upgraded shares of Bank Of Montreal from a "sell" rating to a "hold" rating in a research note on Sunday, February 8th. Zacks Research downgraded shares of Bank Of Montreal from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. Weiss Ratings reiterated a "buy (b)" rating on shares of Bank Of Montreal in a research note on Friday, April 17th. Finally, National Bank Financial reiterated a "sector perform" rating on shares of Bank Of Montreal in a research note on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $163.00.

Key Headlines Impacting Bank Of Montreal

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

• Positive Sentiment: BMO reported better-than-expected Q2 results, with earnings per share of $3.67 topping estimates and revenue of $7.04 billion also ahead of forecasts. Net income rose 34% year over year, showing broad improvement in profitability. BMO Financial Group Reports Second Quarter 2026 Results
• Positive Sentiment: The bank increased its quarterly common dividend to $1.71 per share, up 2% from the prior quarter and 5% from a year ago, signaling confidence in its capital position and earnings outlook. BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 percent from the prior year
• Positive Sentiment: Management highlighted record or improved profitability metrics, including higher ROE and lower provision for credit losses, while wealth-related strength was noted in earnings commentary. Bank of Montreal (BMO) Q2 2026 Earnings Call Highlights: Record Net Income and Strong Wealth ...
• Neutral Sentiment: Broader coverage of Canada’s big-bank earnings season put BMO’s results in context alongside peers, but did not introduce a new company-specific catalyst. RBC, CIBC, TD Bank, BMO, National Bank and Scotiabank: A breakdown of the big banks’ second-quarter earnings
• Negative Sentiment: One note of caution was weaker credit data, which showed little improvement despite a stronger freight market, suggesting some ongoing pressure in the loan book. BMO’s credit data shows little improvement despite stronger freight market

Bank Of Montreal Trading Down 0.7%

Shares of Bank Of Montreal stock opened at $162.03 on Friday. Bank Of Montreal has a 12-month low of $104.08 and a 12-month high of $163.44. The stock has a market cap of $113.56 billion, a P/E ratio of 17.20, a P/E/G ratio of 0.92 and a beta of 0.94. The business's 50 day moving average is $147.59 and its 200-day moving average is $139.01. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.11.

Bank Of Montreal (NYSE:BMO - Get Free Report) TSE: BMO last issued its earnings results on Wednesday, May 27th. The bank reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.14. Bank Of Montreal had a net margin of 12.60% and a return on equity of 13.06%. The business had revenue of $7.04 billion during the quarter, compared to the consensus estimate of $6.98 billion. During the same period last year, the business posted $2.62 EPS. Bank Of Montreal's revenue was up 10.2% on a year-over-year basis. Equities research analysts predict that Bank Of Montreal will post 11.56 earnings per share for the current fiscal year.

Bank Of Montreal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Thursday, July 30th will be paid a $1.71 dividend. This is an increase from Bank Of Montreal's previous quarterly dividend of $1.67. The ex-dividend date is Thursday, July 30th. This represents a $6.84 annualized dividend and a yield of 4.2%. Bank Of Montreal's dividend payout ratio (DPR) is 55.75%.

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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