Empowered Funds LLC Takes Position in Royal Gold, Inc. $RGLD

Posted by Stanley Muller on Sep 5th, 2026

Empowered Funds LLC bought a new stake in Royal Gold, Inc. (NASDAQ:RGLD – Free Report) (TSE:RGL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,664 shares of the basic materials company’s stock, valued at approximately $931,000.

A number of other large investors also recently bought and sold shares of RGLD. Axiom Investment Management LLC purchased a new position in Royal Gold in the first quarter worth $25,000. Elyxium Wealth LLC purchased a new stake in Royal Gold during the 4th quarter worth $27,000. Gen Wealth Partners Inc bought a new stake in shares of Royal Gold in the fourth quarter worth $27,000. Scarborough Advisors LLC bought a new position in Royal Gold during the 1st quarter worth approximately $32,000. Finally, Grove Bank & Trust increased its position in Royal Gold by 88.6% in the second quarter. Grove Bank & Trust now owns 132 shares of the basic materials company’s stock worth $26,000 after buying an additional 62 shares during the period. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Analyst Upgrades and Downgrades

RGLD has been the topic of several research analyst reports. Weiss Ratings cut Royal Gold from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. Scotiabank restated a “sector perform” rating and set a $310.00 price target on shares of Royal Gold in a report on Tuesday, July 14th. UBS Group raised their price objective on Royal Gold from $280.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Jefferies Financial Group dropped their price objective on Royal Gold from $318.00 to $311.00 and set a “buy” rating for the company in a research note on Monday, July 6th. Finally, Zacks Research downgraded Royal Gold from a “hold” rating to a “strong sell” rating in a research report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $285.10.

Get Our Latest Stock Analysis on Royal Gold

Insider Transactions at Royal Gold

In other news, SVP Randy Shefman sold 500 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $262.80, for a total value of $131,400.00. Following the completion of the transaction, the senior vice president owned 8,082 shares of the company’s stock, valued at $2,123,949.60. This represents a 5.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.35% of the stock is currently owned by corporate insiders.

Royal Gold Stock Down 1.0%

Royal Gold stock opened at $262.11 on Friday. The company has a market cap of $22.21 billion, a P/E ratio of 28.61, a price-to-earnings-growth ratio of 1.99 and a beta of 0.50. The company has a fifty day simple moving average of $220.36 and a 200 day simple moving average of $236.00. Royal Gold, Inc. has a 1-year low of $168.88 and a 1-year high of $306.25. The company has a current ratio of 2.92, a quick ratio of 2.68 and a debt-to-equity ratio of 0.05.

Royal Gold (NASDAQ:RGLD – Get Free Report) (TSE:RGL) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.01. The business had revenue of $468.98 million during the quarter, compared to the consensus estimate of $458.85 million. Royal Gold had a net margin of 47.74% and a return on equity of 12.06%. Royal Gold’s revenue was up 114.9% on a year-over-year basis. During the same period last year, the business posted $1.81 EPS. Research analysts anticipate that Royal Gold, Inc. will post 10.26 earnings per share for the current fiscal year.

Royal Gold Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 2nd. Royal Gold’s dividend payout ratio (DPR) is currently 20.74%.

Royal Gold Company Profile

(Free Report)

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.