Research Analysts’ Recent Ratings Updates for IGM Financial (IGM)

IGM Financial (TSE: IGM) recently received a number of ratings updates from brokerages and research firms:

• 7/31/2026 – IGM Financial had its price target raised by Royal Bank Of Canada from C$80.00 to C$89.00. They now have a “sector perform” rating on the stock.
• 7/30/2026 – IGM Financial had its price target raised by TD from C$92.00 to C$94.00. They now have a “buy” rating on the stock.
• 7/30/2026 – IGM Financial had its price target raised by Scotiabank from C$84.00 to C$87.00. They now have a “sector perform” rating on the stock.
• 7/27/2026 – IGM Financial had its price target raised by National Bank Financial from C$85.00 to C$91.00. They now have an “outperform” rating on the stock.
• 7/15/2026 – IGM Financial had its price target raised by BMO Capital Markets from C$72.00 to C$80.00.
• 7/13/2026 – IGM Financial had its price target raised by Royal Bank Of Canada from C$77.00 to C$80.00. They now have a “sector perform” rating on the stock.
• 7/10/2026 – IGM Financial had its price target raised by Canadian Imperial Bank of Commerce from C$79.00 to C$85.00.

IGM Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 31st were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, June 29th. IGM Financial’s dividend payout ratio (DPR) is presently 47.87%.

Insider Transactions at IGM Financial

In other news, Director Philip Petursson sold 904 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of C$87.24, for a total value of C$78,864.96. Following the completion of the sale, the director owned 81 shares of the company’s stock, valued at approximately C$7,066.44. The trade was a 91.78% decrease in their ownership of the stock. Also, insider Rhonda Goldberg sold 2,599 shares of IGM Financial stock in a transaction dated Friday, July 31st. The stock was sold at an average price of C$86.76, for a total transaction of C$225,489.24. Following the completion of the sale, the insider owned 3,453 shares of the company’s stock, valued at C$299,582.28. This trade represents a 42.94% decrease in their position. Over the last 90 days, insiders sold 149,342 shares of company stock valued at $11,788,791. 66.58% of the stock is currently owned by corporate insiders.

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.