30,112 RB Global, Inc. $RBA Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC decreased its holdings in RB Global, Inc. (NYSE:RBA) (TSE:RBA) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 997,880 shares of the business services provider’s stock after selling 30,112 shares during the period. RB Global comprises approximately 2.4% of Riverbridge Partners LLC’s holdings, making the stock its 10th largest holding. Riverbridge Partners LLC owned approximately 0.55% of RB Global worth $81,217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of RB Global during the second quarter valued at $1,816,059,000. EdgePoint Investment Group Inc. increased its stake in RB Global by 14.4% in the 1st quarter. EdgePoint Investment Group Inc. now owns 8,812,865 shares of the business services provider’s stock worth $845,337,000 after buying an additional 1,111,217 shares during the period. Royal Bank of Canada increased its stake in RB Global by 13.1% in the 1st quarter. Royal Bank of Canada now owns 5,043,648 shares of the business services provider’s stock worth $483,432,000 after buying an additional 585,617 shares during the period. Jupiter Topco LLC purchased a new position in RB Global in the 2nd quarter worth about $514,871,000. Finally, Janus Henderson Group PLC lifted its holdings in RB Global by 7.0% during the 1st quarter. Janus Henderson Group PLC now owns 4,371,610 shares of the business services provider’s stock valued at $418,876,000 after buying an additional 285,713 shares in the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

Insider Activity at RB Global

In other RB Global news, Director Deborah Stein purchased 500 shares of the stock in a transaction dated Wednesday, September 9th. The stock was purchased at an average price of $80.91 per share, with a total value of $40,455.00. Following the transaction, the director owned 2,325 shares of the company’s stock, valued at approximately $188,115.75. This trade represents a 27.40% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Chloe Harford acquired 1,200 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were acquired at an average price of $83.74 per share, for a total transaction of $100,488.00. Following the completion of the purchase, the director owned 1,200 shares of the company’s stock, valued at approximately $100,488. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.57% of the stock is currently owned by corporate insiders.

Key RB Global News

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

• Positive Sentiment: Third-quarter adjusted earnings were $1.03 per share, topping the $0.99 consensus and rising from $0.93 a year earlier. Revenue of $1.27 billion also exceeded expectations of $1.17 billion. RB Global Reports Third Quarter 2026 Results
• Positive Sentiment: Management outlined expected 2026 gross transaction value growth of 14%–15%. Coverage also pointed to margin expansion and marketplace integration as growth drivers, supporting the outlook for continued operating momentum. RB Global outlines 2026 GTV growth
• Positive Sentiment: RB Global declared a quarterly dividend of $0.33 per share, or $1.32 annualized—about a 1.4% yield at the referenced share price. Shareholders of record November 25 are scheduled to be paid December 17.
• Neutral Sentiment: Royal Bank of Canada cut its price target to $134 from $152 but kept its Outperform rating. The revised target still implies about 39% upside from the referenced $96.11 share price, though the reduction may temper enthusiasm. RBC Lowers Price Target on RB Global

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. National Bank Financial upped their target price on shares of RB Global from $130.00 to $132.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. Barclays decreased their price target on shares of RB Global from $121.00 to $110.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Weiss Ratings downgraded shares of RB Global from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, September 18th. Zacks Research lowered RB Global from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of RB Global in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.33.

RB Global Stock Performance

Shares of RB Global stock opened at $96.11 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 0.59. The stock’s fifty day moving average price is $85.16 and its 200-day moving average price is $99.21. The firm has a market cap of $17.42 billion, a P/E ratio of 36.96, a P/E/G ratio of 1.64 and a beta of 0.48. RB Global, Inc. has a 12 month low of $78.05 and a 12 month high of $119.33.

RB Global (NYSE:RBA) (TSE:RBA) last released its quarterly earnings data on Monday, November 9th. The business services provider reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. RB Global had a net margin of 10.29% and a return on equity of 13.97%. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.16 billion. On average, equities research analysts expect that RB Global, Inc. will post 4.06 earnings per share for the current fiscal year.

RB Global declared that its Board of Directors has initiated a share buyback plan on Tuesday, September 15th that authorizes the company to buy back $500 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 3.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

RB Global Announces Dividend

The firm 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 $0.33 dividend. 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 payout ratio is currently 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.