Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) insider Graeme Ashley Hepworth sold 1,459 shares of Royal Bank of Canada stock in a transaction on Monday, August 24th. The stock was sold at an average price of C$279.97, for a total value of C$408,476.23.
Graeme Ashley Hepworth also recently made the following trade(s):
- On Wednesday, July 22nd, Graeme Ashley Hepworth sold 1,463 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$297.19, for a total transaction of C$434,788.97.
- On Monday, June 22nd, Graeme Ashley Hepworth sold 1,463 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$284.86, for a total value of C$416,750.18.
Royal Bank of Canada Price Performance
Shares of RY stock opened at C$284.17 on Friday. The company’s fifty day simple moving average is C$293.49 and its two-hundred day simple moving average is C$260.71. The stock has a market capitalization of C$394.90 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 1 year low of C$197.58 and a 1 year high of C$306.38.
Royal Bank of Canada Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 24th were issued a dividend of $1.76 per share. The ex-dividend date of this dividend was Monday, July 27th. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a dividend yield of 2.5%. Royal Bank of Canada’s payout ratio is presently 41.35%.
Royal Bank of Canada News Summary
Here are the key news stories impacting Royal Bank of Canada this week:
- Positive Sentiment: Record Q3 2026 earnings provided the main support. RBC reported C$4.28 in quarterly EPS and C$18.54 billion in revenue, with growth described as diversified across its businesses. Strong profitability, including a 15.95% return on equity, reinforces the bank’s earnings momentum. Royal Bank of Canada Reports Third Quarter 2026 Results
- Positive Sentiment: Analysts raised their outlooks following the results. Canaccord Genuity increased its price target from C$310 to C$318 and assigned a Buy rating. Scotia raised its target from C$311 to C$312 and maintained a Sector Outperform view. Both targets imply additional upside from recent levels. Royal Bank of Canada Analyst Ratings
- Positive Sentiment: TD remains bullish despite a small target reduction. TD lowered its price objective from C$307 to C$306 but retained a Buy rating, indicating that analysts continue to view RBC’s fundamentals favorably. Royal Bank of Canada Analyst Ratings
- Positive Sentiment: RBC’s recent dividend increase from $1.64 to $1.76 per share strengthens its shareholder-return appeal and signals management confidence in capital generation.
- Neutral Sentiment: Some investors argue that RBC’s strong performance is already reflected in its valuation. The bank trades at roughly 18.5 times earnings, so further gains may depend on continued earnings growth rather than multiple expansion. Royal Bank of Canada Another Record Quarter Same Valuation Problem
- Negative Sentiment: Insider Katherine Gibson sold 462 shares for approximately C$129,000, reducing her holdings by 61.44%. The transaction follows similar sales and may weigh slightly on sentiment, although it is not necessarily evidence of weakening business conditions. Royal Bank of Canada Insider Selling
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on RY. Jefferies Financial Group upped their price objective on Royal Bank of Canada from C$240.00 to C$268.00 in a report on Thursday, August 13th. National Bank Financial set a C$318.00 price target on shares of Royal Bank of Canada and gave the stock an “outperform” rating in a report on Monday, August 24th. Canadian Imperial Bank of Commerce boosted their target price on Royal Bank of Canada from C$279.00 to C$311.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Raymond James Financial boosted their price target on shares of Royal Bank of Canada from C$270.50 to C$306.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. Finally, Canaccord Genuity Group increased their price objective on Royal Bank of Canada from C$310.00 to C$318.00 and gave the stock a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Royal Bank of Canada has an average rating of “Moderate Buy” and a consensus price target of C$292.64.
Read Our Latest Stock Report on RY
Royal Bank of Canada Company Profile
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.
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