Gregory Morrison Buys Shares of RB Global, Inc.

Gregory Morrison, an insider at RB Global, Inc., bought shares of the company on June 18, 2026. The transaction was not made under a pre-planned trading program. On that Monday, shares of RB Global traded at $109.08 on the New York Stock Exchange.

Other Institutional Activity in RB Global, Inc.

Several institutional investors have also adjusted their positions in RB Global, Inc. BlackRock, Inc. grew its holdings by 410,378 shares, bringing its total to 15,428,970 shares worth approximately $1.48 billion. Vanguard Capital Management LLC opened a new position with 13,308,377 shares valued at about $1.28 billion. Meanwhile, Massachusetts Financial Services Co added 348,466 shares for a total of 11,240,652 shares worth $1.10 billion. EdgePoint Investment Group Inc. increased its stake by 1,111,217 shares, reaching 8,812,865 shares valued at $845.3 million. Conversely, FIL Ltd reduced its holdings by 2,396,611 shares, ending with 6,245,775 shares valued at $598.9 million.

RB Global, Inc. Stock Up 25.3%

Shares of NYSE:RBA traded near $109.08 on Monday. RB Global, Inc. has a market capitalization of approximately $20.6 billion. The company has a P/E ratio of 51.4 and a forward P/E of 22.7, with a beta of 0.564. Over the past year, the stock has ranged from a low of $93.58 to a high of $119.58. The 50-day moving average is $104.82, and the 200-day moving average is $104.94. The company's current ratio is 1.138, with a quick ratio of 0.662 and a debt-to-equity ratio of 72.778.

Recent Earnings

In its most recent earnings report, RB Global, Inc. posted revenue of $4.72 billion, reflecting a growth rate of 11.4%. The company reported earnings per share of $2.15. The net margin was 9.55%, and the return on equity stood at 7.58%. The next earnings report is scheduled for August 6, 2026.

Dividend

RB Global, Inc. offers an annual dividend rate of $1.24, yielding 1.12%. The dividend payout ratio is 56.74%.

Insider Buying and Selling at RB Global, Inc.

On June 18, 2026, several insiders, including Gregory Morrison, purchased shares of RB Global, Inc. Chloe Harford and Adam Dewitt each bought 6 shares, with Dewitt also acquiring an additional 25 shares. Michael Sieger purchased 7 shares and an additional 6 shares on the same day. None of these transactions were part of a pre-planned trading strategy.

Analysts Set New Price Targets

On May 28, 2026, Barclays initiated coverage on RB Global, Inc. with a buy rating and a price target of $124. RBC Capital maintained its buy rating with a target of $150 on May 5, 2026. Stephens & Co. initiated coverage with a hold rating and a $96 target on April 17, 2026. The consensus among 11 analysts is a buy, with a mean price target of $127.73.

About RB Global, Inc.

RB Global, Inc., headquartered in Westchester, Illinois, operates a global marketplace for commercial assets and vehicles. Its brands include Ritchie Bros., IAA, Rouse, SmartEquip, and Veritread, offering services such as auctions, digital marketplaces, asset management, and heavy haul transport solutions. The company serves a diverse range of industries, including automotive, construction, and energy.

Bottom Line

Gregory Morrison's recent share purchase highlights ongoing insider interest in RB Global, Inc. Investors often track insider transactions as they can signal confidence in the company's future. It's important to note that these transactions are disclosed after they occur, providing a historical view rather than real-time insight.