121,485 RB Global, Inc. $RBA Shares Sold by Beutel Goodman & Co Ltd.

Key Points

• Beutel Goodman reduced its RB Global stake by 8.1%, selling 121,485 shares in the third quarter. It retained 1,369,952 shares, worth about $111.8 million; institutional investors overall own 95.37% of the company.
• RB Global beat third-quarter earnings and revenue estimates: adjusted EPS was $1.03 versus $0.99 expected, while revenue reached $1.27 billion against a $1.17 billion consensus.
• The company projected 14%–15% gross transaction value growth in 2026 and declared a quarterly dividend of $0.33 per share, or $1.32 annualized.

Beutel Goodman & Co Ltd. lessened its position in shares of RB Global, Inc. (NYSE:RBA - Free Report) TSE: RBA by 8.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,369,952 shares of the business services provider's stock after selling 121,485 shares during the period. Beutel Goodman & Co Ltd. owned approximately 0.76% of RB Global worth $111,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. AlphaCore Capital LLC bought a new position in RB Global in the third quarter valued at approximately $212,000. Running Oak Capital LLC raised its position in RB Global by 3.3% during the third quarter. Running Oak Capital LLC now owns 107,726 shares of the business services provider's stock valued at $8,768,000 after purchasing an additional 3,489 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in RB Global by 6.7% during the third quarter. Pictet Asset Management Holding SA now owns 105,691 shares of the business services provider's stock worth $8,629,000 after purchasing an additional 6,599 shares during the last quarter. Heritage Family Offices LLP bought a new stake in RB Global during the third quarter worth $73,000. Finally, Legacies Wealth LLC bought a new stake in RB Global during the third quarter worth $83,000. Institutional investors and hedge funds own 95.37% of the company's stock.

RB Global News Roundup

Here are the key news stories impacting RB Global this week:

• Positive Sentiment: Third-quarter results beat expectations. RB Global posted adjusted earnings of $1.03 per share, versus analysts’ $0.99 estimate and $0.93 a year earlier. Revenue of $1.27 billion also exceeded the $1.17 billion consensus, signaling stronger-than-expected growth. Zacks: RB Global Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: 2026 growth outlook points to continued momentum. The company outlined 14%–15% gross transaction value growth for 2026 and highlighted its one-marketplace rollout as a focus, suggesting expectations for further expansion. Seeking Alpha: RB Global outlines 2026 GTV growth
• Positive Sentiment: Quarterly dividend declared. RB Global announced a $0.33-per-share dividend, equivalent to $1.32 annually and a stated yield of 1.4%. Shareholders of record November 25 are scheduled to be paid December 17.
• Neutral Sentiment: The company characterized its third-quarter performance as reflecting marketplace strength and execution, but the supplied coverage provides limited additional detail on the factors behind the results. RB Global: Third Quarter 2026 Results

Insider Buying and Selling at RB Global

In other news, Director Chloe Harford acquired 1,200 shares of the business's stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average price of $83.74 per share, with a total value of $100,488.00. Following the acquisition, the director directly owned 1,200 shares in the company, valued at $100,488. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Deborah Stein acquired 500 shares of the business's stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average cost of $80.91 per share, for a total transaction of $40,455.00. Following the acquisition, the director owned 2,325 shares in the company, valued at $188,115.75. This represents a 27.40% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on RBA. Barclays reduced their target price on RB Global from $121.00 to $110.00 and set an "overweight" rating on the stock in a report on Tuesday, October 6th. Zacks Research cut RB Global from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 13th. Wall Street Zen downgraded RB Global from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Weiss Ratings lowered RB Global from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, September 18th. Finally, National Bank Financial raised their price objective on RB Global from $130.00 to $132.00 and gave the company an "outperform" rating in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, RB Global has an average rating of "Moderate Buy" and a consensus price target of $128.33.

RB Global Trading Up 2.7%

Shares of RB Global stock opened at $96.04 on Tuesday. The firm's 50 day moving average is $84.94 and its 200 day moving average is $99.31. The firm has a market capitalization of $17.41 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.62 and a beta of 0.48. RB Global, Inc. has a 1 year low of $78.05 and a 1 year high of $119.33. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 0.51.

RB Global (NYSE:RBA - Get Free Report) TSE: RBA last issued its quarterly earnings data on Monday, November 9th. The business services provider reported $1.03 EPS for the quarter, beating the consensus estimate of $0.99 by $0.04. RB Global had a net margin of 9.99% and a return on equity of 12.37%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.17 billion. Equities research analysts forecast that RB Global, Inc. will post 4.06 earnings per share for the current fiscal year.

RB Global declared that its board has approved a stock repurchase plan on Tuesday, September 15th that permits the company to repurchase $500 million in shares. This repurchase authorization permits the business services provider to purchase up to 3.3% of its shares through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

RB Global Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.32 annualized dividend and a dividend yield of 1.4%. RB Global's dividend payout ratio is 56.65%.

RB Global Company Profile

RB Global operates a global marketplace for commercial assets and vehicles, connecting sellers with buyers through live auctions, online platforms and other sales channels. Its offerings include asset marketing and disposition services, along with support such as inspections and transaction services.

The company serves businesses, governments and other organizations across industries including construction, transportation, agriculture, mining and energy. Through its IAA business, it also facilitates sales of salvage and used vehicles to buyers such as licensed dealers and vehicle rebuilders.

RB Global traces its roots to Ritchie Bros.

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