First Eagle Amends Royal Gold Stake Disclosure
Ticker: RGLD · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 85535
| Field | Detail |
|---|---|
| Company | Royal Gold Inc (RGLD) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, gold-royalty
Related Tickers: RGLD
TL;DR
**First Eagle updated its Royal Gold stake, showing continued institutional interest.**
AI Summary
First Eagle Investment Management, LLC filed an amended SC 13G/A on February 8, 2024, indicating their ownership of Royal Gold Inc. common shares as of December 31, 2023. This filing is an amendment (Amendment No. 2) to their previous disclosures, filed under Rule 13d-1(b). This matters to investors because it updates the public on a significant institutional investor's stake in Royal Gold, potentially signaling their continued confidence or a change in their investment position.
Why It Matters
This filing updates the public on a major institutional investor's holdings in Royal Gold, providing transparency on significant ownership positions.
Risk Assessment
Risk Level: low — This is a routine amendment from an institutional investor, not indicating any immediate negative or positive risk.
Analyst Insight
Investors should note that a significant institutional investor, First Eagle Investment Management, LLC, continues to hold a position in Royal Gold Inc. This filing itself doesn't indicate a change in their stake, but rather an update to their disclosure. Investors should monitor future filings for any significant increases or decreases in their reported ownership percentage.
Key Players & Entities
- First Eagle Investment Management, LLC (company) — the entity filing the SC 13G/A
- Royal Gold Inc. (company) — the issuer whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 2, as stated in the filing.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is First Eagle Investment Management, LLC, as indicated in the 'FILED BY' section of the filing.
What is the 'Subject Company' or 'Issuer' of the securities?
The 'Subject Company' or 'Issuer' is Royal Gold Inc., as stated in the 'SUBJECT COMPANY' and 'Name of Issuer' sections.
What is the CUSIP/SEDOL Number for the class of securities reported?
The CUSIP/SEDOL Number for the Common shares of Royal Gold Inc. is 780287108, as listed in the filing.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(b), as indicated by the checked box '[X] Rule 13d-1 (b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 8, 2024 regarding ROYAL GOLD INC (RGLD).