Alberta Investment Management Corp Buys New Stake in Royal Gold, Inc. $RGLD

Alberta Investment Management Corp purchased a new position in shares of Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 16,930 shares of the basic materials company’s stock, valued at approximately $3,396,000.

A number of other large investors also recently modified their holdings of RGLD. Cullen Frost Bankers Inc. lifted its holdings in Royal Gold by 548.1% in the second quarter. Cullen Frost Bankers Inc. now owns 175 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 148 shares during the period. Caldwell Trust Co bought a new stake in shares of Royal Gold during the 2nd quarter worth about $36,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Royal Gold by 33.9% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 221 shares of the basic materials company’s stock worth $44,000 after buying an additional 56 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Royal Gold in the 3rd quarter worth approximately $50,000. Finally, Spire Wealth Management bought a new position in shares of Royal Gold in the third quarter valued at approximately $64,000. 83.65% of the stock is owned by institutional investors and hedge funds.

Royal Gold Stock Performance

Shares of RGLD stock opened at $271.78 on Friday. The company has a market capitalization of $22.94 billion, a price-to-earnings ratio of 39.91, a P/E/G ratio of 0.83 and a beta of 0.49. Royal Gold, Inc. has a 1-year low of $142.95 and a 1-year high of $306.25. The company has a current ratio of 2.89, a quick ratio of 2.68 and a debt-to-equity ratio of 0.23. The stock’s fifty day simple moving average is $255.32 and its 200-day simple moving average is $210.46.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last released its earnings results on Wednesday, February 18th. The basic materials company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.76). The business had revenue of $360.85 million for the quarter, compared to analysts’ expectations of $425.47 million. Royal Gold had a net margin of 45.26% and a return on equity of 15.37%. The company’s revenue was up 85.2% compared to the same quarter last year. During the same period last year, the firm earned $1.63 EPS. On average, sell-side analysts predict that Royal Gold, Inc. will post 6.2 earnings per share for the current fiscal year.

Key Headlines Impacting Royal Gold

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

• Positive Sentiment: Company reported record revenue, record operating cash flow for Q4 2025 and record revenue, cash flow and earnings for full-year 2025 — reinforces the company’s longer-term growth and cash-generation story. Royal Gold Reports Record Revenue and Cash Flow (BusinessWire)
• Positive Sentiment: 2025 described as “transformational” by management; company highlights portfolio scale and duration improvements that can support longer-term royalty/stream revenue visibility. Royal Gold Posts Record 2025 Results (TipRanks)
• Positive Sentiment: Business metrics: EBITDA margin reported very high (around 82%) and 2025 sales exceeded $1B — points to strong profitability and cash conversion even as the company grows. Q4 Revenues Surge, EBITDA Margin Strong (Zacks)
• Neutral Sentiment: Management is presenting at the Raymond James institutional conference — useful for investor Q&A and incremental detail but not an immediate market-moving event by itself. Presentation at Raymond James Conference (Globe & Mail)
• Negative Sentiment: Reported Q4 EPS missed consensus materially (company reported $1.92 vs. $2.68 consensus) — an earnings shortfall that typically pressures the share price despite other strong metrics. Q4 EPS Miss and Financial Details (MarketBeat)
• Negative Sentiment: Some coverage flagged questions on earnings quality and the composition of results; coupled with a downgrade from Zacks (strong-buy to hold), these raise short-term investor caution. Questions on Earnings Quality (Yahoo Finance) Analyst Downgrade (Zacks)

Analyst Upgrades and Downgrades

RGLD has been the topic of several recent analyst reports. Jefferies Financial Group reissued a “buy” rating and set a $270.00 target price on shares of Royal Gold in a report on Sunday, December 7th. Wall Street Zen downgraded Royal Gold from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Zacks Research cut Royal Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and set a $330.00 target price on shares of Royal Gold in a report on Wednesday, February 4th. Finally, Scotiabank cut shares of Royal Gold from a “sector outperform” rating to a “sector perform” rating and set a $335.00 price target on the stock. in a research report on Monday, January 26th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Royal Gold currently has a consensus rating of “Moderate Buy” and an average target price of $251.50.

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.