ePlus Shares Receive Boost from Royal Bank of Canada Ownership Increase

Shares of ePlus inc., traded on NASDAQ under ticker PLUS, have received a boost in ownership from Royal Bank of Canada. According to a recent SEC filing, Royal Bank of Canada increased its position in shares of ePlus by 9.6% during the first quarter.

The firm now owns 278,636 shares of the software maker's stock after purchasing an additional 24,348 shares during the quarter. This represents about $20,968,000 worth of holdings at the end of the most recent quarter.

ePlus reported fiscal first-quarter 2027 adjusted earnings of $1.28 per share, beating analyst estimates of $1.19. Revenue of $649.1 million also exceeded expectations of $639.95 million.