RB Global, Inc. $RBA Stock: Riverbridge Partners LLC Trims Stake

Riverbridge Partners LLC trimmed its position in shares of RB Global, Inc. (NYSE:RBA) (TSE:RBA) by 2.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 997,880 shares of the business services provider’s stock after selling 30,112 shares during the quarter. RB Global comprises about 2.4% of Riverbridge Partners LLC’s investment portfolio, making the stock its 10th largest holding. Riverbridge Partners LLC’s holdings in RB Global were worth $81,217,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. bought a new stake in shares of RB Global in the 2nd quarter valued at about $1,816,059,000. EdgePoint Investment Group Inc. raised its stake in shares of RB Global by 14.4% during 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 acquiring an additional 1,111,217 shares in the last quarter. Jupiter Topco LLC bought a new position in shares of RB Global during the 2nd quarter worth approximately $514,871,000. Royal Bank of Canada raised its stake in shares of RB Global by 13.1% during 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 acquiring an additional 585,617 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in RB Global by 7.0% during the first quarter. Janus Henderson Group PLC now owns 4,371,610 shares of the business services provider’s stock valued at $418,876,000 after acquiring an additional 285,713 shares during the last quarter. 95.37% of the stock is owned by hedge funds and other institutional investors.

RB Global Price Performance

Shares of RBA stock opened at $96.11 on Wednesday. RB Global, Inc. has a fifty-two week low of $78.05 and a fifty-two week high of $119.33. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.22 and a current ratio of 1.31. The firm has a market capitalization of $17.42 billion, a price-to-earnings ratio of 36.96, a PEG ratio of 1.64 and a beta of 0.48. The stock’s 50-day simple moving average is $85.16 and its 200-day simple moving average is $99.21.

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

RB Global Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.32 dividend on an annualized basis and a yield of 1.4%. RB Global’s dividend payout ratio is presently 56.65%.

RB Global announced that its board has authorized a stock buyback plan on Tuesday, September 15th that permits the company to buy back $500 million in outstanding shares. This buyback authorization permits the business services provider to buy up to 3.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

Key Headlines Impacting RB Global

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

RBA has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of RB Global from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings downgraded RB Global from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. Barclays reduced their price target on RB Global from $121.00 to $110.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 6th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of RB Global in a report on Wednesday, August 5th. Finally, Zacks Research cut RB Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $125.33.

Insiders Place Their Bets

In related news, Director Deborah Stein acquired 500 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were purchased at an average cost of $80.91 per share, with a total value of $40,455.00. Following the completion of the acquisition, the director directly owned 2,325 shares of the company’s stock, valued at $188,115.75. This represents a 27.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chloe Harford acquired 1,200 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of $83.74 per share, for a total transaction of $100,488.00. Following the completion of the acquisition, the director directly owned 1,200 shares of the company’s stock, valued at approximately $100,488. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.57% of the company’s stock.

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.