Cornerstone Advisors LLC Invests $4.33 Million in RB Global, Inc. $RBA

Posted by Brenda Bartman on Aug 18th, 2026

Cornerstone Advisors LLC acquired a new position in shares of RB Global, Inc. (NYSE:RBA – Free Report) (TSE:RBA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,153 shares of the business services provider’s stock, valued at approximately $4,326,000.

Several other large investors have also added to or reduced their stakes in RBA. K.J. Harrison & Partners Inc bought a new position in RB Global in the 2nd quarter valued at $8,957,000. MidFirst Bank purchased a new position in shares of RB Global during the 2nd quarter valued at $7,980,000. BlackRock Inc. bought a new position in shares of RB Global in the second quarter worth $1,816,059,000. Deutsche Bank AG bought a new position in shares of RB Global in the second quarter worth $43,674,000. Finally, Rice Hall James & Associates LLC purchased a new stake in shares of RB Global in the second quarter worth $8,489,000. Institutional investors own 95.37% of the company’s stock.

RB Global Stock Down 2.5%

Shares of RB Global stock opened at $82.12 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.22 and a current ratio of 1.31. RB Global, Inc. has a 52-week low of $82.03 and a 52-week high of $119.58. The company’s 50 day moving average price is $107.35 and its 200-day moving average price is $104.96. The stock has a market capitalization of $15.20 billion, a price-to-earnings ratio of 35.24, a P/E/G ratio of 1.44 and a beta of 0.56.

RB Global (NYSE:RBA – Get Free Report) (TSE:RBA) last issued its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.09 by $0.04. RB Global had a net margin of 9.99% and a return on equity of 12.37%. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.21 billion. Equities research analysts forecast that RB Global, Inc. will post 4.06 EPS for the current year.

RB Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Tuesday, August 25th will be issued a dividend of $0.33 per share. This is a boost from RB Global’s previous quarterly dividend of $0.31. The ex-dividend date is Tuesday, August 25th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.6%. RB Global’s dividend payout ratio (DPR) is presently 53.22%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on RBA. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of RB Global in a research report on Wednesday, August 5th. Stephens restated an “equal weight” rating and set a $96.00 price objective on shares of RB Global in a research report on Tuesday, May 5th. Royal Bank Of Canada lifted their price objective on shares of RB Global from $150.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. National Bank Financial upped their target price on shares of RB Global from $132.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Barclays reduced their target price on RB Global from $124.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $128.00.

Get Our Latest Report on RBA

About RB Global

(Free Report)

RB Global, Inc, an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Its marketplace brands include Ritchie Bros., an auctioneer of commercial assets and vehicles offering online bidding; IAA, a digital marketplace connecting vehicle buyers and sellers; Rouse Services, which provides asset management, data-driven intelligence, and performance benchmarking system; SmartEquip, a technology platform that supports customers' management of the equipment lifecycle; and Veritread, an online marketplace for heavy haul transport solution.