New York State Teachers Retirement System Sells 6,044 Shares of RB Global, Inc. $RBA

07 Jul 2026, 14:36 by Kim Johansen · The Markets Daily

New York State Teachers Retirement System lessened its stake in shares of RB Global, Inc. (NYSE:RBA – Free Report) (TSE:RBA) by 5.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 97,882 shares of the business services provider’s stock after selling 6,044 shares during the quarter. New York State Teachers Retirement System’s holdings in RB Global were worth $9,382,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MV Capital Management Inc. bought a new position in shares of RB Global during the 4th quarter valued at approximately $29,000. Bayban bought a new stake in shares of RB Global in the 4th quarter worth approximately $34,000. Central Pacific Bank Trust Division lifted its stake in RB Global by 41.8% in the fourth quarter. Central Pacific Bank Trust Division now owns 363 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 107 shares during the last quarter. State of Wyoming purchased a new position in RB Global in the second quarter valued at approximately $46,000. Finally, Nemes Rush Group LLC bought a new position in RB Global during the fourth quarter valued at $54,000. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Deborah Stein acquired 425 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average cost of $103.15 per share, for a total transaction of $43,838.75. Following the purchase, the director owned 1,825 shares in the company, valued at $188,248.75. This trade represents a 30.36% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Stephens reissued an “equal weight” rating and issued a $96.00 target price on shares of RB Global in a research report on Tuesday, May 5th. Wall Street Zen raised RB Global from a “hold” rating to a “buy” rating in a research report on Saturday. BMO Capital Markets reiterated an “outperform” rating and set a $135.00 price target (up from $130.00) on shares of RB Global in a research note on Tuesday, May 5th. Raymond James Financial raised RB Global from an “outperform” rating to a “strong-buy” rating and set a $145.00 price objective for the company in a report on Tuesday, June 30th. Finally, Royal Bank Of Canada boosted their price objective on RB Global from $146.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, RB Global has an average rating of “Buy” and a consensus target price of $126.12.

Get Our Latest Report on RB Global

RB Global Stock Performance

RBA traded down $1.37 on Tuesday, hitting $112.72. The company’s stock had a trading volume of 147,758 shares, compared to its average volume of 1,302,455. RB Global, Inc. has a 12 month low of $93.58 and a 12 month high of $119.58. The firm has a market cap of $20.96 billion, a P/E ratio of 52.43, a price-to-earnings-growth ratio of 1.76 and a beta of 0.55. The company has a quick ratio of 1.07, a current ratio of 1.14 and a debt-to-equity ratio of 0.40. The company’s 50 day simple moving average is $107.05 and its 200-day simple moving average is $105.75.

RB Global (NYSE:RBA – Get Free Report) (TSE:RBA) last issued its earnings results on Monday, May 4th. The business services provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04. The business had revenue of $888.01 million for the quarter, compared to analysts’ expectations of $1.13 billion. RB Global had a net margin of 9.55% and a return on equity of 12.33%. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.89 EPS. Analysts forecast that RB Global, Inc. will post 4.16 EPS for the current year.

RB Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Wednesday, May 27th were given a $0.31 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $1.24 annualized dividend and a dividend yield of 1.1%. RB Global’s payout ratio is 57.67%.

RB Global Company Profile

(Free Report)

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.