Canadian Imperial Bank of Commerce $CM is Hillsdale Investment Management Inc.’s 2nd Largest Position

Hillsdale Investment Management Inc. lifted its stake in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226,951 shares of the bank’s stock after purchasing an additional 42,080 shares during the quarter. Canadian Imperial Bank of Commerce accounts for 3.1% of Hillsdale Investment Management Inc.’s portfolio, making the stock its 2nd largest position. Hillsdale Investment Management Inc.’s holdings in Canadian Imperial Bank of Commerce were worth $111,429,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC lifted its position in shares of Canadian Imperial Bank of Commerce by 119.7% in the third quarter. Larson Financial Group LLC now owns 402 shares of the bank’s stock worth $32,000 after purchasing an additional 219 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth approximately $37,000. Guerra Advisors Inc purchased a new stake in shares of Canadian Imperial Bank of Commerce in the third quarter worth approximately $35,000. Smartleaf Asset Management LLC lifted its position in shares of Canadian Imperial Bank of Commerce by 128.1% in the third quarter. Smartleaf Asset Management LLC now owns 723 shares of the bank’s stock worth $58,000 after purchasing an additional 406 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth approximately $69,000. 49.88% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Canadian Imperial Bank of Commerce

Here are the key news stories impacting Canadian Imperial Bank of Commerce this week:

• Positive Sentiment: CIBC delivered better-than-expected Q2 2026 results, with EPS of $1.86 topping estimates and revenue of $5.89 billion also slightly ahead of forecasts. Management said the bank saw growth across all businesses, supported by stronger trading revenue and broad-based momentum. MarketBeat earnings report
• Positive Sentiment: The bank announced a new quarterly dividend of $1.07 per share, reinforcing its capital return profile and implying a dividend yield around 3.9%. Dividend announcement
• Positive Sentiment: CIBC also launched a new share buyback plan to repurchase up to 30 million shares, which can support earnings per share and signals management confidence in the stock. Buyback announcement
• Neutral Sentiment: The company is reshaping its senior leadership team to improve execution and drive North American growth, a strategic change that could help over time but is not an immediate earnings driver. Leadership changes
• Negative Sentiment: Offsetting the upbeat earnings, CIBC agreed to sell its Caribbean business for about US$1.6 billion, and the market appears to be weighing whether the transaction signals lower international growth exposure or strategic retrenchment. Caribbean sale

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Weiss Ratings raised shares of Canadian Imperial Bank of Commerce from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, May 22nd. Scotiabank reissued an “outperform” rating on shares of Canadian Imperial Bank of Commerce in a research report on Monday, May 4th. Barclays raised shares of Canadian Imperial Bank of Commerce from an “underweight” rating to an “overweight” rating in a research report on Thursday, February 19th. Jefferies Financial Group reissued a “hold” rating on shares of Canadian Imperial Bank of Commerce in a research report on Thursday. Finally, Zacks Research lowered shares of Canadian Imperial Bank of Commerce from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.00.

Canadian Imperial Bank of Commerce Trading Down 0.6%

NYSE:CM opened at $108.84 on Friday. The stock’s 50 day moving average price is $105.94 and its 200 day moving average price is $97.44. Canadian Imperial Bank of Commerce has a 52 week low of $67.28 and a 52 week high of $117.05. The company has a market capitalization of $99.57 billion, a P/E ratio of 14.95, a P/E/G ratio of 1.15 and a beta of 1.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 1.02.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last released its quarterly earnings data on Thursday, May 28th. The bank reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.08. Canadian Imperial Bank of Commerce had a return on equity of 16.43% and a net margin of 15.84%.The firm had revenue of $5.89 billion for the quarter, compared to the consensus estimate of $5.86 billion. During the same quarter in the prior year, the company posted $2.05 earnings per share. The firm’s revenue was up 14.0% on a year-over-year basis. On average, research analysts forecast that Canadian Imperial Bank of Commerce will post 7.48 EPS for the current fiscal year.

Canadian Imperial Bank of Commerce Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 28th. Investors of record on Monday, June 29th will be issued a $1.07 dividend. The ex-dividend date is Monday, June 29th. This represents a $4.28 dividend on an annualized basis and a yield of 3.9%. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 45.77%.

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce (NYSE: CM), commonly known as CIBC, is a major Canadian financial institution headquartered in Toronto. Formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, CIBC is one of Canada’s largest banks and provides a broad range of banking and financial services to retail, small business, commercial and institutional clients.

CIBC’s activities span personal and business banking, wealth management, capital markets and corporate banking.