Bruce Washington Ross Sells 3,659 Shares of Royal Bank of Canada (TSE:RY) Stock

Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Bruce Washington Ross sold 3,659 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of C$279.97, for a total transaction of C$1,024,410.23. Following the sale, the insider directly owned 235 shares of the company’s stock, valued at approximately C$65,792.95. This trade represents a 93.97% decrease in their position.

Bruce Washington Ross also recently made the following trade(s):

• On Wednesday, July 22nd, Bruce Washington Ross sold 3,657 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$1,086,823.83.
• On Tuesday, June 30th, Bruce Washington Ross sold 45,670 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$293.11, for a total transaction of C$13,386,333.70.
• On Monday, June 22nd, Bruce Washington Ross sold 3,657 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$284.86, for a total transaction of C$1,041,733.02.
• On Friday, June 12th, Bruce Washington Ross sold 41,724 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$279.37, for a total transaction of C$11,656,433.88.
• On Friday, June 5th, Bruce Washington Ross sold 38,730 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$270.88, for a total transaction of C$10,491,182.40.

Royal Bank of Canada Trading Down 1.6%

Shares of RY stock opened at C$283.47 on Friday. The company’s fifty day simple moving average is C$293.48 and its 200-day simple moving average is C$260.55. Royal Bank of Canada has a 52 week low of C$197.58 and a 52 week high of C$306.38. The company has a market cap of C$393.93 billion, a PE ratio of 18.43, a P/E/G ratio of 3.42 and a beta of 1.05.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings results on Thursday, August 27th. The financial services provider reported C$4.28 earnings per share for the quarter. Royal Bank of Canada had a net margin of 18.40% and a return on equity of 15.95%. The firm had revenue of C$18.54 billion during the quarter. Equities research analysts expect that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Royal Bank of Canada Increases Dividend

The business 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 a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, July 27th. Royal Bank of Canada’s payout ratio is presently 41.35%.

More Royal Bank of Canada News

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: RBC’s solid profitability—reflected in its 15.95% ROE and 18.40% net margin—supports the investment case and suggests the bank continues to generate attractive returns on shareholder capital. Stocks in Play: Royal Bank of Canada
• Positive Sentiment: National Bank Financial set a C$318 price target for RY, implying potential upside from recent trading levels and reinforcing favorable analyst sentiment. RBC has a consensus rating of “Moderate Buy,” although targets and ratings remain mixed.
• Positive Sentiment: The bank recently increased its quarterly dividend to $1.76 per share from $1.64, bringing the annualized payout to $7.04 and enhancing its appeal to income-focused investors.
• Neutral Sentiment: Investors are likely focused on details from the Q3 report—including loan growth, credit quality, capital levels and management guidance—to determine whether the reported earnings can support RBC’s elevated valuation. Royal Bank of Canada Q3 2026 Earnings Preview
• Negative Sentiment: Multiple 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 other insiders also sharply reduced their holdings. Insider sales can weigh on sentiment, although they are not necessarily evidence of weakening fundamentals.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on RY shares. Raymond James Financial increased their target price on Royal Bank of Canada from C$270.50 to C$306.00 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. Scotiabank upped their price target on Royal Bank of Canada from C$275.00 to C$280.00 and gave the stock a “sector outperform” rating in a report on Tuesday, June 16th. Canadian Imperial Bank of Commerce upped their price target on Royal Bank of Canada from C$279.00 to C$311.00 and gave the stock a “neutral” rating in a report on Wednesday, August 19th. Jefferies Financial Group increased their price objective on shares of Royal Bank of Canada from C$240.00 to C$268.00 in a research report on Thursday, August 13th. Finally, TD lifted their price objective on shares of Royal Bank of Canada from C$272.00 to C$307.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$290.62.

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.