Royal Gold, Inc. $RGLD Shares Bought by Retirement Systems of Alabama

Retirement Systems of Alabama boosted its holdings in Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) by 22.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 97,239 shares of the basic materials company’s stock after acquiring an additional 17,646 shares during the quarter. Retirement Systems of Alabama’s holdings in Royal Gold were worth $21,615,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Capital World Investors raised its holdings in shares of Royal Gold by 1.0% in the 3rd quarter. Capital World Investors now owns 9,055,075 shares of the basic materials company’s stock worth $1,816,267,000 after purchasing an additional 93,282 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Royal Gold by 104.1% during the third quarter. Van ECK Associates Corp now owns 4,994,944 shares of the basic materials company’s stock worth $1,001,885,000 after buying an additional 2,547,076 shares in the last quarter. State Street Corp boosted its holdings in Royal Gold by 5.4% during the third quarter. State Street Corp now owns 3,321,868 shares of the basic materials company’s stock worth $666,300,000 after buying an additional 170,430 shares in the last quarter. AQR Capital Management LLC grew its position in Royal Gold by 8.2% in the second quarter. AQR Capital Management LLC now owns 1,820,435 shares of the basic materials company’s stock worth $319,140,000 after buying an additional 137,524 shares during the last quarter. Finally, Northern Trust Corp grew its position in Royal Gold by 0.7% in the third quarter. Northern Trust Corp now owns 1,030,501 shares of the basic materials company’s stock worth $206,698,000 after buying an additional 6,710 shares during the last quarter. 83.65% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Royal Gold

Here are the key news stories impacting Royal Gold this week:

• Positive Sentiment: Company-provided 2026 guidance and a five-year outlook forecast higher gold/silver/copper volumes and reiterated cash-flow growth, and Royal Gold announced further debt repayment and publication of an asset handbook to improve transparency. Royal Gold Provides 2026 Guidance and Five Year Outlook
• Positive Sentiment: Analyst write‑ups highlight solid 2026 growth expectations with “sharp gains” in gold, silver and copper volumes driven by new assets and higher production, supporting a stronger long‑term outlook. That supports valuation rerating given clear volume drivers. Royal Gold Projects Solid 2026 Growth
• Positive Sentiment: Market commentary notes the stock’s move higher after the guidance/debt reduction disclosures — investors are focusing on improving free cash flow and lower leverage as catalysts for multiple expansion. Royal Gold gains after 2026 guidance
• Positive Sentiment: Third‑party summaries (TipRanks) and the company’s investor day materials reiterate the higher 2026 sales-volume guidance and five‑year plan, giving analysts more data to model multi‑year earnings growth. Royal Gold Issues 2026 Guidance and Five-Year Outlook
• Neutral Sentiment: Investor Day transcript and slideshow released — useful detail on underlying asset performance and catalyst timing, but largely informational; could support analyst modeling but not an immediate incremental catalyst beyond the guidance itself. Analyst/Investor Day Transcript Investor Day Slideshow
• Neutral Sentiment: Brokerage consensus remains around a “moderate buy” on aggregate — supportive but not unanimous conviction; reinforces upside if guidance execution is delivered. Average Rating of “Moderate Buy”
• Negative Sentiment: A comparative piece contrasts Royal Gold with US Gold (USAU) — competition and relative strategy comparisons could temper some investor enthusiasm if peers present lower-risk or higher-leverage exposure attractive to different investors. US Gold versus Royal Gold Head to Head Analysis

Royal Gold Trading Up 3.9%

Shares of NASDAQ RGLD opened at $264.35 on Thursday. The company has a current ratio of 3.12, a quick ratio of 2.91 and a debt-to-equity ratio of 0.12. Royal Gold, Inc. has a one year low of $150.75 and a one year high of $306.25. The business has a 50-day moving average price of $269.64 and a two-hundred day moving average price of $228.51. The firm has a market capitalization of $22.42 billion, a PE ratio of 38.82, a PEG ratio of 1.50 and a beta of 0.55.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its earnings results on Wednesday, February 18th. The basic materials company reported $1.92 earnings per share for the quarter, missing analysts’ consensus estimates of $2.68 by ($0.76). The business had revenue of $310.83 million during the quarter, compared to analyst estimates of $425.47 million. Royal Gold had a net margin of 45.26% and a return on equity of 11.89%. Royal Gold’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.63 EPS. As a group, analysts predict that Royal Gold, Inc. will post 6.2 earnings per share for the current fiscal year.

Royal Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, April 2nd. Royal Gold’s dividend payout ratio is currently 27.90%.

Insiders Place Their Bets

In other news, SVP Daniel Breeze sold 1,400 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $300.87, for a total transaction of $421,218.00. Following the transaction, the senior vice president directly owned 20,140 shares in the company, valued at $6,059,521.80. The trade was a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark Isto sold 2,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $274.83, for a total transaction of $549,660.00. Following the completion of the transaction, the director directly owned 20,043 shares in the company, valued at $5,508,417.69. This trade represents a 9.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 7,573 shares of company stock worth $2,127,091 in the last quarter. 0.49% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Zacks Research cut Royal Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 17th. Jefferies Financial Group restated a “buy” rating and issued a $270.00 target price on shares of Royal Gold in a report on Sunday, December 7th. Scotiabank lowered Royal Gold from a “sector outperform” rating to a “sector perform” rating and set a $335.00 target price on the stock. in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Gold in a report on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $330.00 price target on shares of Royal Gold in a research report on Wednesday, February 4th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $251.50.

About Royal Gold

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.