Representative Jefferson Shreve (R-Indiana) recently bought shares of Royal Gold, Inc. NASDAQ: RGLD. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Royal Gold stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
Royal Gold Stock Performance
Shares of NASDAQ:RGLD traded up $5.64 during trading hours on Friday, hitting $184.36. The stock had a trading volume of 439,463 shares, compared to its average volume of 412,022. The stock's fifty day simple moving average is $168.07 and its 200 day simple moving average is $151.80. The firm has a market capitalization of $12.13 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 3.42 and a beta of 0.48. Royal Gold, Inc. has a 1-year low of $119.72 and a 1-year high of $191.78.
Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last issued its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.14. The company had revenue of $193.44 million for the quarter, compared to analyst estimates of $176.17 million. Royal Gold had a return on equity of 11.46% and a net margin of 46.15%. The company's quarterly revenue was up 29.9% compared to the same quarter last year. During the same period last year, the company earned $0.91 earnings per share. As a group, research analysts anticipate that Royal Gold, Inc. will post 6.2 EPS for the current year.
Royal Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Friday, April 4th were given a $0.45 dividend. The ex-dividend date of this dividend was Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 0.98%. Royal Gold's dividend payout ratio is presently 29.80%.
Institutional Trading of Royal Gold
Several institutional investors and hedge funds have recently bought and sold shares of RGLD. Exchange Traded Concepts LLC purchased a new position in shares of Royal Gold in the fourth quarter worth approximately $25,000. Alpine Bank Wealth Management acquired a new stake in Royal Gold during the 1st quarter valued at $32,000. Banque Cantonale Vaudoise acquired a new stake in Royal Gold during the 1st quarter valued at $34,000. Bayforest Capital Ltd lifted its holdings in shares of Royal Gold by 256.5% in the first quarter. Bayforest Capital Ltd now owns 246 shares of the basic materials company's stock valued at $40,000 after purchasing an additional 177 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Royal Gold in the fourth quarter worth $42,000. Institutional investors and hedge funds own 83.65% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on RGLD. Scotiabank raised shares of Royal Gold from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $166.00 to $189.00 in a research note on Monday, April 14th. Royal Bank of Canada decreased their price target on Royal Gold from $175.00 to $170.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. BMO Capital Markets assumed coverage on Royal Gold in a research report on Wednesday, April 16th. They set a "market perform" rating and a $196.00 price target on the stock. CIBC upped their price objective on Royal Gold from $202.00 to $215.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Raymond James lifted their target price on Royal Gold from $181.00 to $200.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $183.00.
Read Our Latest Report on Royal Gold
Insider Activity
In related news, SVP Randy Shefman sold 1,300 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $154.98, for a total transaction of $201,474.00. Following the transaction, the senior vice president now owns 9,360 shares of the company's stock, valued at approximately $1,450,612.80. This trade represents a 12.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.49% of the stock is currently owned by corporate insiders.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Royal Gold
(
Get Free Report)
Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.
See Also
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