Recent Analysts’ Ratings Updates for IGM Financial (IGM)

Several analysts have recently updated their ratings and price targets for IGM Financial (TSE: IGM):

• 11/10/2025 – IGM Financial had its price target raised by analysts at BMO Capital Markets from C$54.00 to C$57.00.
• 11/10/2025 – IGM Financial had its price target raised by analysts at National Bankshares, Inc. from C$60.00 to C$68.00.
• 11/10/2025 – IGM Financial had its price target raised by analysts at Royal Bank Of Canada from C$55.00 to C$61.00.
• 11/4/2025 – IGM Financial had its price target raised by analysts at TD Securities from C$57.00 to C$64.00.
• 10/29/2025 – IGM Financial had its price target raised by analysts at Jefferies Financial Group Inc. from C$50.00 to C$54.00. They now have a “hold” rating on the stock.
• 10/28/2025 – IGM Financial had its price target raised by analysts at Royal Bank Of Canada from C$52.00 to C$55.00. They now have a “sector perform” rating on the stock.
• 10/28/2025 – IGM Financial had its price target raised by analysts at Scotiabank from C$64.00 to C$67.00. They now have a “sector perform” rating on the stock.
• 10/27/2025 – IGM Financial had its price target raised by analysts at National Bankshares, Inc. from C$58.00 to C$60.00. They now have an “outperform” rating on the stock.
• 10/15/2025 – IGM Financial had its price target raised by analysts at Scotiabank from C$57.00 to C$64.00. They now have a “sector perform” rating on the stock.
• 10/15/2025 – IGM Financial had its price target raised by analysts at Royal Bank Of Canada from C$49.00 to C$52.00.

IGM Financial Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 31st were given a dividend of $0.562 per share. This represents a $2.25 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, September 26th. IGM Financial’s dividend payout ratio is currently 54.88%.

Insider Activity

In other IGM Financial news, Director Brent Jason Allen sold 1,451 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of C$48.56, for a total transaction of C$70,460.56. Also, insider Rhonda Goldberg sold 7,353 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of C$57.00, for a total transaction of C$419,121.00. In the last 90 days, insiders have sold 30,764 shares of company stock worth $1,718,258. 66.58% of the stock is owned by company insiders.

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisionsasset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)that provide investment management products and services.