Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of RB Global, Inc. (NYSE:RBA)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of RB Global, Inc. (NYSE:RBA). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in RB Global stock on March 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
• Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
• Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
• Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.

RB Global Stock Down 1.3 %

Shares of RB Global stock opened at $89.42 on Wednesday. The company has a quick ratio of 1.17, a current ratio of 1.29 and a debt-to-equity ratio of 0.50. RB Global, Inc. has a 12-month low of $69.83 and a 12-month high of $106.90. The firm has a market capitalization of $16.53 billion, a PE ratio of 44.49, a price-to-earnings-growth ratio of 4.95 and a beta of 0.90. The stock’s fifty day moving average is $97.16 and its 200-day moving average is $92.02.

RB Global (NYSE:RBA) (TSE:RBA) last posted its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.23). RB Global had a net margin of 9.64% and a return on equity of 8.00%. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company posted $0.82 earnings per share. Equities analysts anticipate that RB Global, Inc. will post 2.5 earnings per share for the current year.

RB Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Friday, February 14th. RB Global’s payout ratio is 57.71%.

Institutional Trading of RB Global

A number of hedge funds have recently made changes to their positions in RBA. GAMMA Investing LLC raised its holdings in RB Global by 12,802.6% in the 1st quarter. GAMMA Investing LLC now owns 161,282 shares of the business services provider’s stock valued at $16,177,000 after buying an additional 160,032 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of RB Global by 476.7% during the first quarter. Versant Capital Management Inc now owns 1,759 shares of the business services provider’s stock valued at $176,000 after acquiring an additional 1,454 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of RB Global by 18.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,883 shares of the business services provider’s stock worth $441,000 after purchasing an additional 752 shares during the period. Members Wealth LLC bought a new stake in shares of RB Global in the fourth quarter worth $2,738,000. Finally, Lansforsakringar Fondforvaltning AB publ acquired a new stake in RB Global in the fourth quarter valued at $3,590,000. 95.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on RBA. CIBC dropped their target price on RB Global from $109.00 to $108.00 and set an “outperformer” rating on the stock in a report on Monday, February 3rd. StockNews.com lowered shares of RB Global from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th. BMO Capital Markets upped their price objective on RB Global from $116.00 to $120.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. Robert W. Baird lifted their target price on RB Global from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Finally, Royal Bank of Canada lifted their price objective on RB Global from $107.00 to $116.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, RB Global currently has an average rating of “Moderate Buy” and a consensus target price of $107.64.

Insider Buying and Selling

In other RB Global news, CRO James J. Jeter sold 7,597 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $97.85, for a total transaction of $743,366.45. Following the completion of the sale, the executive now directly owns 20,267 shares in the company, valued at approximately $1,983,125.95. This trade represents a 27.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO James Francis Kessler sold 15,700 shares of RB Global stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $97.81, for a total value of $1,535,617.00. Following the completion of the sale, the chief executive officer now owns 107,569 shares of the company’s stock, valued at approximately $10,521,323.89. The trade was a 12.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,897 shares of company stock valued at $2,338,161 in the last three months. Insiders own 4.32% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

RB Global Company Profile

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.