Royal Bank of Canada (TSE:RY) Insider Sells 696 Shares of Stock

Key Points

• Insider selling: Kelly Bradley sold 696 Royal Bank of Canada shares for approximately C$196,453, reducing direct ownership by 65.97% to 359 shares. The article also reports multiple same-day sales totaling 19,030 shares and about C$5.39 million.
• Financial performance and dividend: Royal Bank of Canada reported quarterly EPS of C$4.28 on C$18.54 billion in revenue, with a 16.11% return on equity and 15.92% net margin. The bank increased its quarterly dividend to $1.76 per share, equivalent to a 2.4% annualized yield.
• Analyst outlook: The stock has a “Moderate Buy” consensus rating and an average target price of C$292.86, while individual analyst targets range from C$271 to C$324.

Royal Bank of Canada (TSE:RY - Get Free Report) NYSE: RY insider Kelly Bradley sold 696 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of C$282.26, for a total transaction of C$196,452.96. Following the transaction, the insider directly owned 359 shares of the company's stock, valued at C$101,331.34. The trade was a 65.97% decrease in their ownership of the stock.

Kelly Bradley also recently made the following trade(s):

• On Tuesday, September 1st, Kelly Bradley sold 359 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$282.24, for a total value of C$101,324.16.
• On Tuesday, September 1st, Kelly Bradley sold 1,740 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$283.04, for a total transaction of C$492,489.60.
• On Tuesday, September 1st, Kelly Bradley sold 3,454 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$283.05, for a total transaction of C$977,654.70.
• On Tuesday, September 1st, Kelly Bradley sold 3,974 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$283.05, for a total transaction of C$1,124,840.70.
• On Tuesday, September 1st, Kelly Bradley sold 5,142 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$283.07, for a total transaction of C$1,455,545.94.
• On Tuesday, September 1st, Kelly Bradley sold 3,076 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$283.03, for a total transaction of C$870,600.28.
• On Tuesday, September 1st, Kelly Bradley sold 1,644 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$283.03, for a total transaction of C$465,301.32.

Royal Bank of Canada Price Performance

Shares of RY stock traded down C$0.89 during trading hours on Friday, hitting C$291.48. 1,187,702 shares of the company's stock were exchanged, compared to its average volume of 3,513,404. Royal Bank of Canada has a 52 week low of C$199.17 and a 52 week high of C$306.38. The stock has a market cap of C$403.53 billion, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 3.42 and a beta of 0.94. The stock's 50-day moving average is C$293.44 and its 200-day moving average is C$262.59.

Royal Bank of Canada (TSE:RY - Get Free Report) NYSE: RY last released its quarterly earnings results on Thursday, August 27th. The financial services provider reported C$4.28 earnings per share (EPS) for the quarter. Royal Bank of Canada had a return on equity of 16.11% and a net margin of 15.92%.The business had revenue of C$18.54 billion during the quarter. Equities research analysts forecast that Royal Bank of Canada will post 12.3454675 earnings per share for the current fiscal year.

Royal Bank of Canada Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 24th were given a dividend of $1.76 per share. The ex-dividend date was Monday, July 27th. This represents a $7.04 dividend on an annualized basis and a yield of 2.4%. This is an increase from Royal Bank of Canada's previous quarterly dividend of $1.64. Royal Bank of Canada's dividend payout ratio is presently 41.49%.

Royal Bank of Canada News Roundup

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

• Positive Sentiment: Desjardins set a C$320 price target for Royal Bank of Canada, implying further upside from recent trading levels and signaling confidence in the bank’s valuation and earnings outlook. Royal Bank of Canada price target set at C$320 by Desjardins
• Positive Sentiment: Erste Group Bank raised its fiscal 2026 earnings-per-share forecast for Royal Bank of Canada. Higher estimates can support investor expectations for stronger profitability and potentially improve the bank’s valuation outlook. TSE:RY fiscal 2026 EPS forecast raised by Erste Group Bank
• Neutral Sentiment: Royal Bank of Canada plans to redeem its non-viability contingent capital (NVCC) subordinated debentures. The move may reflect routine balance-sheet and capital management, although investors will assess its effect on funding costs and regulatory capital.
• Neutral Sentiment: Jefferies raised its price target from C$268 to C$271, but the target remains below the recent share price, indicating that the firm still sees limited near-term upside.
• Neutral Sentiment: Canadian Imperial Bank of Commerce lowered its target from C$311 to C$300 and maintained a “neutral” rating. The revised target still implies modest upside, but the cut reflects a more cautious view of the shares’ valuation.
• Negative Sentiment: Insider Kelly Bradley reported multiple sales totaling 19,030 shares for approximately C$5.39 million at about C$283 per share. Bradley retained only 1,043 shares, a significant reduction in personal exposure that may weigh on sentiment, even though insider transactions can reflect personal financial planning rather than concerns about the business.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on RY. Jefferies Financial Group boosted their target price on Royal Bank of Canada from C$268.00 to C$271.00 in a research report on Thursday. TD cut their price target on Royal Bank of Canada from C$307.00 to C$306.00 and set a "buy" rating on the stock in a report on Friday, August 28th. Keefe, Bruyette & Woods boosted their price objective on Royal Bank of Canada from C$316.00 to C$324.00 in a report on Monday, August 31st. Canadian Imperial Bank of Commerce decreased their price objective on Royal Bank of Canada from C$311.00 to C$300.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Canaccord Genuity Group upped their target price on Royal Bank of Canada from C$310.00 to C$318.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$292.86.

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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