Spire Wealth Management Raises Position in Royal Gold, Inc. $RGLD

Spire Wealth Management grew its stake in Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) by 632.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,323 shares of the basic materials company’s stock after purchasing an additional 2,006 shares during the period. Spire Wealth Management’s holdings in Royal Gold were worth $516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in Royal Gold by 99.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 168,846 shares of the basic materials company’s stock valued at $27,608,000 after buying an additional 84,206 shares during the period. Focus Partners Wealth boosted its stake in Royal Gold by 51.5% during the first quarter. Focus Partners Wealth now owns 8,465 shares of the basic materials company’s stock worth $1,384,000 after buying an additional 2,876 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Royal Gold by 107.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,129 shares of the basic materials company’s stock worth $201,000 after buying an additional 585 shares during the period. J.W. Cole Advisors Inc. bought a new position in Royal Gold during the second quarter valued at $228,000. Finally, Choreo LLC bought a new position in Royal Gold during the second quarter valued at $226,000. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Insider Transactions at Royal Gold

In related news, Director William M. Hayes sold 4,173 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $277.07, for a total value of $1,156,213.11. Following the completion of the sale, the director owned 6,129 shares in the company, valued at approximately $1,698,162.03. The trade was a 40.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Daniel Breeze sold 1,400 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $300.87, for a total value of $421,218.00. Following the completion of the transaction, the senior vice president directly owned 20,140 shares in the company, valued at approximately $6,059,521.80. This trade represents a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 7,573 shares of company stock valued at $2,127,091. 0.49% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

Royal Gold News Roundup

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 Stock Up 3.9%

Shares of RGLD opened at $264.35 on Thursday. The firm has a fifty day moving average price of $269.64 and a 200-day moving average price of $228.51. The company has a current ratio of 3.12, a quick ratio of 2.91 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $22.42 billion, a P/E ratio of 38.82, a P/E/G ratio of 1.50 and a beta of 0.55. Royal Gold, Inc. has a 12-month low of $150.75 and a 12-month high of $306.25.

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

Royal Gold Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, April 2nd. Royal Gold’s dividend payout ratio is currently 27.90%.

Royal Gold Profile

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.