Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) insider Graeme Ashley Hepworth sold 1,459 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of C$279.97, for a total transaction of C$408,476.23.
Graeme Ashley Hepworth also recently made the following trade(s):
- On Wednesday, July 22nd, Graeme Ashley Hepworth sold 1,463 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$297.19, for a total value of C$434,788.97.
- On Monday, June 22nd, Graeme Ashley Hepworth sold 1,463 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$284.86, for a total value of C$416,750.18.
Royal Bank of Canada Stock Up 0.5%
Shares of RY opened at C$288.11 on Thursday. The business has a fifty day moving average of C$293.52 and a 200 day moving average of C$260.19. The company has a market cap of C$400.38 billion, a PE ratio of 18.73, a P/E/G ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 52-week low of C$195.86 and a 52-week high of C$306.38.
Royal Bank of Canada Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 24th were paid 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 dividend 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 is presently 41.35%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. Jefferies Financial Group increased their price objective on shares of Royal Bank of Canada from C$240.00 to C$268.00 in a research report on Thursday, August 13th. Barclays upped their target price on Royal Bank of Canada from C$260.00 to C$300.00 in a research note on Friday, August 21st. 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 stock a “neutral” rating in a report on Wednesday, August 19th. National Bank Financial set a C$318.00 price target on Royal Bank of Canada and gave the stock an “outperform” rating in a research note on Monday. Finally, TD boosted 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. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$286.07.
View Our Latest Analysis on Royal Bank of Canada
Key Royal Bank of Canada News
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.
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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