Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) insider Katherine Gibson sold 462 shares of the company’s 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$129,346.14. Following the sale, the insider owned 290 shares of the company’s stock, valued at approximately C$81,191.30. The trade was a 61.44% decrease in their ownership of the stock.
Katherine Gibson also recently made the following trade(s):
- On Wednesday, July 22nd, Katherine Gibson sold 462 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$297.19, for a total value of C$137,301.78.
- On Monday, June 22nd, Katherine Gibson sold 462 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$284.86, for a total value of C$131,605.32.
Royal Bank of Canada Price Performance
Shares of TSE:RY opened at C$288.11 on Thursday. The business has a 50-day moving average of C$293.52 and a two-hundred day moving average of C$260.19. The firm has a market capitalization of C$400.38 billion, a PE ratio of 18.73, a P/E/G ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 12 month low of C$195.86 and a 12 month 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. Shareholders of record on Monday, August 24th were paid a dividend of $1.76 per share. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, July 27th. Royal Bank of Canada’s payout ratio is presently 41.35%.
Key Headlines Impacting Royal Bank of Canada
Here are the key news stories impacting Royal Bank of Canada this week:
- Positive Sentiment: National Bank Financial set a C$318 price target and maintained an outperform/Buy view. The target is above recent trading levels, signaling expected upside based on RBC’s earnings strength, capital position and profitability. Royal Bank of Canada Price Target Set at C$318 by National Bank Financial
- Positive Sentiment: National Bank reaffirmed its Buy rating on RY, adding to a generally favorable analyst consensus. Barclays, CIBC and Jefferies have also recently raised their price targets, although some analysts remain neutral. National Bank Keeps Buy Rating on Royal Bank of Canada
- Positive Sentiment: RBC increased its quarterly dividend to $1.76 per share from $1.64, representing an annualized payout of $7.04 and an indicated yield of about 2.4%. The increase reinforces the bank’s shareholder-return appeal.
- Neutral Sentiment: Investors are awaiting RBC’s Q3 2026 earnings. Revenue, EPS, loan growth, credit quality and management guidance will be key catalysts; results above expectations could support the stock, while weaker trends could pressure it. Royal Bank of Canada Q3 2026 Earnings Preview
- Negative Sentiment: Several insiders sold shares on August 24 at approximately C$279.97. Director David Ian McKay sold 23,091 shares worth about C$6.46 million, while three other insiders also significantly reduced their holdings. The sales may raise caution, though they do not necessarily signal deteriorating fundamentals.
Analysts Set New Price Targets
Several research firms recently weighed in on RY. Keefe, Bruyette & Woods set a C$316.00 target price on shares of Royal Bank of Canada and gave the company a “hold” rating in a report on Friday, August 21st. Raymond James Financial boosted their price objective on Royal Bank of Canada from C$270.50 to C$306.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 12th. Barclays increased their target price on Royal Bank of Canada from C$260.00 to C$300.00 in a research note on Friday, August 21st. Jefferies Financial Group raised their target price on Royal Bank of Canada from C$240.00 to C$268.00 in a report on Thursday, August 13th. Finally, Desjardins boosted their price target on Royal Bank of Canada from C$275.00 to C$320.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$286.07.
View Our Latest Stock Report on RY
About Royal Bank of Canada
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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