Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) insider Graeme Ashley Hepworth sold 1,459 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$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 value of C$434,788.97.
- On Monday, June 22nd, Graeme Ashley Hepworth sold 1,463 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$416,750.18.
Royal Bank of Canada Trading Down 1.6%
Shares of TSE RY opened at C$283.47 on Friday. The company has a market cap of C$393.93 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 12 month low of C$197.58 and a 12 month high of C$306.38. The stock has a 50-day moving average price of C$293.48 and a two-hundred day moving average price of C$260.55.
Royal Bank of Canada Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 24th were paid a $1.76 dividend. This represents a $7.04 annualized dividend and a yield of 2.5%. 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. Royal Bank of Canada’s payout ratio is currently 41.35%.
Trending Headlines about Royal Bank of Canada
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
RY has been the subject of several research analyst reports. Canadian Imperial Bank of Commerce upped their price target on shares of 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. Canaccord Genuity Group raised their price objective on Royal Bank of Canada from C$282.00 to C$310.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. TD raised their price objective on Royal Bank of Canada from C$272.00 to C$307.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Desjardins boosted their price objective 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. Finally, Jefferies Financial Group upped their target price on Royal Bank of Canada from C$240.00 to C$268.00 in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$290.62.
View Our Latest Stock Report on Royal Bank of Canada
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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