Royal Bank of Canada Sells 7,129 Shares of Scorpio Tankers Inc. $STNG

Posted by George Bondi on Aug 27th, 2026

Royal Bank of Canada lowered its position in Scorpio Tankers Inc. (NYSE:STNG – Free Report) by 58.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,087 shares of the shipping company’s stock after selling 7,129 shares during the quarter. Royal Bank of Canada’s holdings in Scorpio Tankers were worth $380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of STNG. Assetmark Inc. purchased a new stake in shares of Scorpio Tankers in the 1st quarter valued at $28,000. Root Financial Partners LLC boosted its position in Scorpio Tankers by 193.9% during the 1st quarter. Root Financial Partners LLC now owns 526 shares of the shipping company’s stock valued at $39,000 after buying an additional 347 shares during the period. Global Retirement Partners LLC grew its position in shares of Scorpio Tankers by 1,645.2% in the 4th quarter. Global Retirement Partners LLC now owns 541 shares of the shipping company’s stock worth $27,000 after buying an additional 510 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Scorpio Tankers during the fourth quarter valued at about $29,000. Finally, Quantbot Technologies LP purchased a new position in Scorpio Tankers during the third quarter valued at $36,000. 54.64% of the stock is currently owned by institutional investors.

Scorpio Tankers Price Performance

Shares of STNG opened at $74.87 on Thursday. The firm has a market cap of $3.77 billion, a PE ratio of 4.68 and a beta of -0.22. The company has a current ratio of 6.93, a quick ratio of 6.89 and a debt-to-equity ratio of 0.14. Scorpio Tankers Inc. has a 1-year low of $48.79 and a 1-year high of $87.39. The firm has a fifty day simple moving average of $77.01 and a two-hundred day simple moving average of $76.27.

Scorpio Tankers (NYSE:STNG – Get Free Report) last announced its earnings results on Thursday, July 30th. The shipping company reported $4.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.56 by $0.12. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%.The business had revenue of $408.73 million for the quarter, compared to analysts’ expectations of $398.25 million. During the same period last year, the firm posted $1.41 earnings per share. The business’s revenue for the quarter was up 77.5% on a year-over-year basis. On average, equities analysts anticipate that Scorpio Tankers Inc. will post 11.03 EPS for the current year.

Scorpio Tankers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.4%. The ex-dividend date is Monday, August 17th. Scorpio Tankers’s payout ratio is 11.24%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on STNG. Morgan Stanley set a $86.00 price target on Scorpio Tankers in a report on Tuesday, August 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Scorpio Tankers in a research note on Thursday, June 18th. Jefferies Financial Group restated a “buy” rating and set a $100.00 price objective on shares of Scorpio Tankers in a research note on Tuesday, August 4th. Evercore reaffirmed an “outperform” rating and issued a $94.00 target price on shares of Scorpio Tankers in a report on Wednesday, July 22nd. Finally, Zacks Research downgraded shares of Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $90.14.

View Our Latest Stock Analysis on Scorpio Tankers

Scorpio Tankers Company Profile

(Free Report)

Scorpio Tankers Inc (NYSE: STNG) is an independent provider of marine transportation services, specializing in the carriage of refined petroleum products. The company’s core operations focus on moving clean petroleum cargoes—such as gasoline, diesel, jet fuel and naphtha—on a global scale. By catering to both spot and time charter markets, Scorpio Tankers enables energy companies, refiners and traders to manage their supply chains with flexibility and reliability.

The company’s fleet is composed of modern, eco-designed product tankers, including medium range (MR) and long range (LR) vessels.