Rep. Jefferson Shreve Buys Royal Gold, Inc. (NASDAQ:RGLD) Stock

Posted by Joseph Casey on May 12th, 2025

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 Trading Down 7.3%

NASDAQ RGLD traded down $13.54 on Monday, hitting $170.87. 743,115 shares of the company were exchanged, compared to its average volume of 536,569. The company has a market cap of $11.24 billion, a PE ratio of 33.90, a PEG ratio of 3.42 and a beta of 0.48. Royal Gold, Inc. has a 12 month low of $119.72 and a 12 month high of $191.78. The stock has a fifty day moving average of $168.07 and a 200-day moving average of $151.80.

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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.14. Royal Gold had a return on equity of 11.46% and a net margin of 46.15%. The company had revenue of $193.44 million during the quarter, compared to the consensus estimate of $176.17 million. During the same period last year, the company earned $0.91 earnings per share. Royal Gold’s revenue was up 29.9% on a year-over-year basis. On average, analysts expect that Royal Gold, Inc. will post 6.2 earnings per share for the current year.

Royal Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Friday, April 4th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date was Friday, April 4th. Royal Gold’s dividend payout ratio (DPR) is presently 29.80%.

Insider Activity

In other news, SVP Randy Shefman sold 1,300 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $154.98, for a total value of $201,474.00. Following the completion of the sale, the senior vice president now directly owns 9,360 shares in the company, valued at approximately $1,450,612.80. The trade was a 12.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.49% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Exchange Traded Concepts LLC bought a new stake in shares of Royal Gold during the 4th quarter worth about $25,000. Alpine Bank Wealth Management bought a new stake in shares of Royal Gold in the 1st quarter worth approximately $32,000. Banque Cantonale Vaudoise bought a new stake in shares of Royal Gold in the 1st quarter worth approximately $34,000. Bayforest Capital Ltd raised its holdings in shares of Royal Gold by 256.5% during the first quarter. Bayforest Capital Ltd now owns 246 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 177 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Royal Gold during the fourth quarter valued at approximately $42,000. 83.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. BMO Capital Markets initiated coverage on Royal Gold in a report on Wednesday, April 16th. They issued a “market perform” rating and a $196.00 target price for the company. Raymond James upped their target price on shares of Royal Gold from $181.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, April 4th. Scotiabank upgraded shares of Royal Gold from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $166.00 to $189.00 in a research report on Monday, April 14th. Royal Bank of Canada cut their price target on shares of Royal Gold from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, April 4th. Finally, CIBC raised their price target on shares of Royal Gold from $202.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $183.00.

Get Our Latest Research Report on Royal Gold

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 [email protected] 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.

Royal Gold Company Profile

(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.