Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) insider Mona Elizabeth Malone sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of C$242.51, for a total value of C$1,697,570.00. Following the completion of the sale, the insider owned 1,758 shares in the company, valued at C$426,332.58. The trade was a 79.93% decrease in their ownership of the stock.
Mona Elizabeth Malone also recently made the following trade(s):
- On Wednesday, June 24th, Mona Elizabeth Malone sold 4,517 shares of Bank of Montreal stock. The stock was sold at an average price of C$244.61, for a total transaction of C$1,104,903.37.
- On Wednesday, June 24th, Mona Elizabeth Malone sold 5,000 shares of Bank of Montreal stock. The stock was sold at an average price of C$244.65, for a total transaction of C$1,223,250.00.
Bank of Montreal Trading Down 0.5%
BMO stock traded down C$1.28 during midday trading on Tuesday, hitting C$241.48. The stock had a trading volume of 1,182,678 shares, compared to its average volume of 2,446,935. The firm has a market cap of C$170.22 billion, a P/E ratio of 19.68, a price-to-earnings-growth ratio of 0.71 and a beta of 1.12. Bank of Montreal has a 1-year low of C$168.92 and a 1-year high of C$259.20. The business has a fifty day moving average price of C$248.72 and a two-hundred day moving average price of C$223.61.
Bank of Montreal Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 26th were paid a $1.71 dividend. This represents a $6.84 annualized dividend and a yield of 2.8%. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.67. The ex-dividend date of this dividend was Thursday, July 30th. Bank of Montreal’s payout ratio is presently 54.44%.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on BMO. Canadian Imperial Bank of Commerce reduced their price objective on shares of Bank of Montreal from C$272.00 to C$261.00 and set a “neutral” rating for the company in a research report on Thursday, September 3rd. Canaccord Genuity Group boosted their target price on shares of Bank of Montreal from C$265.00 to C$271.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Bank of America increased their target price on shares of Bank of Montreal from C$259.00 to C$262.00 in a research note on Wednesday, August 26th. Keefe, Bruyette & Woods set a C$295.00 price target on shares of Bank of Montreal and gave the company a “moderate buy” rating in a research note on Friday, August 21st. Finally, Scotiabank upped their price objective on shares of Bank of Montreal from C$234.00 to C$239.00 and gave the company a “sector outperform” rating in a report on Tuesday, June 16th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$256.57.
Check Out Our Latest Analysis on BMO
About Bank of Montreal
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.
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