Royal Bank of Canada (TSE:RY) Insider Bruce Washington Ross Sells 3,659 Shares of Stock

Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Bruce Washington Ross sold 3,659 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$279.97, for a total value of C$1,024,410.23. Following the transaction, the insider directly owned 235 shares in the company, valued at C$65,792.95. This trade represents a 93.97% decrease in their position.

Bruce Washington Ross also recently made the following trade(s):

• On Wednesday, July 22nd, Bruce Washington Ross sold 3,657 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$297.19, for a total value of C$1,086,823.83.
• On Tuesday, June 30th, Bruce Washington Ross sold 45,670 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$293.11, for a total value of C$13,386,333.70.
• On Monday, June 22nd, Bruce Washington Ross sold 3,657 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$284.86, for a total value of C$1,041,733.02.
• On Friday, June 12th, Bruce Washington Ross sold 41,724 shares of Royal Bank of Canada stock. The stock was sold at an average price of C$279.37, for a total value of C$11,656,433.88.
• On Friday, June 5th, Bruce Washington Ross sold 38,730 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$270.88, for a total transaction of C$10,491,182.40.

Royal Bank of Canada Trading Up 0.5%

Shares of TSE RY opened at C$288.11 on Thursday. Royal Bank of Canada has a 1 year low of C$195.86 and a 1 year high of C$306.38. The firm’s 50-day moving average is C$293.52 and its 200-day moving average is C$260.19. The firm has a market capitalization of C$400.38 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 3.42 and a beta of 1.05.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings results on Thursday, May 28th. The financial services provider reported C$3.90 earnings per share for the quarter. Royal Bank of Canada had a net margin of 18.40% and a return on equity of 15.95%. The business had revenue of C$17.45 billion during the quarter. As a group, equities research analysts anticipate that Royal Bank of Canada will post 12.3454675 earnings per share for the current fiscal year.

Royal Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Monday, August 24th were issued a dividend of $1.76 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $7.04 dividend on an annualized basis and a yield of 2.4%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. Royal Bank of Canada’s dividend payout ratio (DPR) is presently 41.35%.

Analyst Ratings Changes

A number of research firms have recently weighed in on RY. Canadian Imperial Bank of Commerce increased their price target on Royal Bank of Canada from C$279.00 to C$311.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Raymond James Financial lifted their price objective on Royal Bank of Canada from C$270.50 to C$306.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 12th. TD upped 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. Barclays increased their target price on Royal Bank of Canada from C$260.00 to C$300.00 in a research note on Friday, August 21st. Finally, Desjardins raised their target price on Royal Bank of Canada from C$275.00 to C$320.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Royal Bank of Canada currently has a consensus rating of “Moderate Buy” and a consensus target price of C$286.07.

Trending Headlines about Royal Bank of Canada

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

• Positive Sentiment: National Bank Financial set a C$318 price target for Royal Bank of Canada, above the recent trading level, and maintained its positive outlook. The target suggests analysts see additional upside if the bank delivers solid earnings and maintains strong profitability. Royal Bank of Canada Price Target Set at C$318 by National Bank Financial
• Positive Sentiment: National Bank also kept its Buy rating on Royal Bank of Canada, reinforcing the view that the bank’s earnings power, capital position and dividend profile remain attractive. National Bank Keeps Buy Rating on Royal Bank of Canada
• Neutral Sentiment: Investors are preparing for Royal Bank of Canada’s third-quarter 2026 earnings report. The preview places attention on quarterly revenue, earnings per share, credit quality, loan growth and management’s outlook; results that exceed expectations could support the shares, while weaker guidance could create pressure. Royal Bank of Canada Q3 2026 Earnings Preview
• Negative Sentiment: Several 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 insiders Graeme Ashley Hepworth, Bruce Washington Ross and Katherine Gibson also reduced their holdings. The concentration of sales—and substantial reductions in some ownership positions—could raise caution, although insider transactions do not necessarily indicate a change in the bank’s fundamentals.

About Royal Bank of Canada

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.