Royal Bank of Canada Sells 149,165 Shares of Stagwell Inc. $STGW

Royal Bank of Canada lowered its position in Stagwell Inc. (NASDAQ:STGW) by 95.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,152 shares of the company’s stock after selling 149,165 shares during the period. Royal Bank of Canada’s holdings in Stagwell were worth $45,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of STGW. AQR Capital Management LLC acquired a new stake in Stagwell in the first quarter valued at approximately $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Stagwell by 6.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock worth $316,000 after purchasing an additional 3,249 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Stagwell during the first quarter worth $137,000. Jane Street Group LLC lifted its holdings in shares of Stagwell by 36.0% during the 1st quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock valued at $744,000 after purchasing an additional 32,546 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Stagwell by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 101,049 shares of the company’s stock valued at $455,000 after purchasing an additional 5,017 shares during the last quarter. Institutional investors own 35.61% of the company’s stock.

Stagwell Price Performance

Shares of NASDAQ:STGW opened at $8.81 on Thursday. Stagwell Inc. has a twelve month low of $4.28 and a twelve month high of $9.55. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market cap of $2.15 billion, a PE ratio of 146.83 and a beta of 1.22. The company’s 50 day moving average is $8.17 and its 200 day moving average is $6.90.

Stagwell (NASDAQ:STGW) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The business had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 EPS. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. On average, sell-side analysts forecast that Stagwell Inc. will post 0.92 EPS for the current year.

Insider Transactions at Stagwell

In other Stagwell news, insider Frank P. Lanuto sold 62,000 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the sale, the insider directly owned 491,977 shares of the company’s stock, valued at approximately $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

STGW has been the topic of several research analyst reports. Weiss Ratings upgraded Stagwell from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Zacks Research upgraded Stagwell from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Wall Street Zen raised Stagwell from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 29th. Rosenblatt Securities boosted their price target on Stagwell from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Finally, Needham & Company LLC upped their price objective on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.

About Stagwell

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.