Rep. Lisa C. McClain Buys RB Global, Inc. (NYSE:RBA) Shares

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of RB Global (NYSE:RBA) on June 24th, as disclosed in a filing on August 13th.
• RB Global recently reported a net income of $1.07 EPS for the quarter, exceeding analysts' expectations and showing an 8.2% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.31 per share, reflecting a boost from the previous dividend, and scheduled for payment on September 18th, with an ex-dividend date of August 28th.

Representative Lisa C. McClain (R-Michigan) recently bought shares of RB Global, Inc. NYSE: RBA. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in RB Global stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

RB Global Stock Performance

RBA traded up $0.5420 during midday trading on Thursday, reaching $115.6820. The company's stock had a trading volume of 490,549 shares, compared to its average volume of 1,064,132. The stock has a market cap of $21.46 billion, a P/E ratio of 57.27, a PEG ratio of 2.68 and a beta of 0.75. The company has a fifty day simple moving average of $108.98 and a 200 day simple moving average of $103.21. The company has a current ratio of 1.28, a quick ratio of 1.22 and a debt-to-equity ratio of 0.46. RB Global, Inc. has a twelve month low of $78.08 and a twelve month high of $118.23.

RB Global (NYSE:RBA - Get Free Report) TSE: RBA last released its earnings results on Wednesday, August 6th. The business services provider reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.12. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.14 billion. RB Global had a return on equity of 9.42% and a net margin of 9.46%.The company's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.94 EPS. Research analysts expect that RB Global, Inc. will post 2.5 earnings per share for the current year.

RB Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th will be issued a $0.31 dividend. This is an increase from RB Global's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. RB Global's payout ratio is 57.43%.

Insider Buying and Selling at RB Global

In other RB Global news, insider Darren Jeffrey Watt sold 7,400 shares of RB Global stock in a transaction on Monday, July 14th. The stock was sold at an average price of $110.00, for a total value of $814,000.00. Following the completion of the transaction, the insider owned 24,874 shares in the company, valued at approximately $2,736,140. The trade was a 22.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Adam Dewitt sold 800 shares of RB Global stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $106.17, for a total value of $84,936.00. Following the completion of the transaction, the director owned 5,865 shares of the company's stock, valued at approximately $622,687.05. The trade was a 12.00% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 57,558 shares of company stock worth $6,314,145. 4.32% of the stock is currently owned by insiders.

Institutional Trading of RB Global

Several institutional investors have recently bought and sold shares of RBA. MJP Associates Inc. ADV grew its stake in RB Global by 2.2% during the second quarter. MJP Associates Inc. ADV now owns 4,434 shares of the business services provider's stock worth $471,000 after buying an additional 95 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in RB Global by 21.9% during the first quarter. Geneos Wealth Management Inc. now owns 540 shares of the business services provider's stock worth $54,000 after buying an additional 97 shares during the last quarter. Securian Asset Management Inc. grew its stake in RB Global by 0.7% during the first quarter. Securian Asset Management Inc. now owns 14,041 shares of the business services provider's stock worth $1,408,000 after buying an additional 100 shares during the last quarter. Archer Investment Corp grew its stake in RB Global by 6.0% during the second quarter. Archer Investment Corp now owns 1,760 shares of the business services provider's stock worth $187,000 after buying an additional 100 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in RB Global by 10.9% in the 1st quarter. Nisa Investment Advisors LLC now owns 1,060 shares of the business services provider's stock valued at $106,000 after purchasing an additional 104 shares during the last quarter. Institutional investors and hedge funds own 95.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Robert W. Baird raised their price objective on RB Global from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Royal Bank Of Canada raised their price objective on RB Global from $125.00 to $132.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. BMO Capital Markets raised their price objective on RB Global from $125.00 to $130.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. CIBC raised their price objective on RB Global from $118.00 to $121.00 and gave the stock an "outperformer" rating in a research report on Friday, July 18th. Finally, National Bank Financial downgraded RB Global from a "strong-buy" rating to a "hold" rating in a research report on Sunday, May 25th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, RB Global has an average rating of "Moderate Buy" and a consensus target price of $119.79.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

RB Global Company Profile

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.