Vanguard Group Maintains 15.2% Stake in Royal Gold Inc.

TL;DR

**Vanguard still owns 15.2% of Royal Gold, showing strong institutional confidence.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Royal Gold Inc. As of December 29, 2023, Vanguard holds 10,030,076 shares of Royal Gold's Common Stock, representing 15.2% of the company. This filing indicates a significant passive stake by Vanguard, signaling its continued confidence in Royal Gold's long-term prospects, which is important for current and potential investors as it suggests institutional backing.

Why It Matters

This filing confirms a major institutional investor's continued significant stake in Royal Gold, which can reassure other investors about the stock's stability and long-term potential.

Risk Assessment

Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk for other shareholders.

Analyst Insight

A smart investor would view Vanguard's continued significant stake as a positive signal, suggesting long-term stability and institutional confidence in Royal Gold Inc., potentially reinforcing a 'hold' or 'buy' decision.

Key Numbers

• 10,030,076 — Shares Owned (The number of Royal Gold Inc. common shares beneficially owned by The Vanguard Group.)
• 15.2% — Ownership Percentage (The percentage of Royal Gold Inc.'s common stock outstanding owned by The Vanguard Group.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and major shareholder
• Royal Gold Inc (company) — subject company, mineral royalty traders
• 10,030,076 (dollar_amount) — number of shares beneficially owned by Vanguard
• 15.2% (dollar_amount) — percentage of class outstanding owned by Vanguard
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard will maintain a significant, passive stake in Royal Gold Inc. for the foreseeable future. (The Vanguard Group) — high confidence, target: 2025-12-31

FAQ

From the Filing

0001104659-24-021864.txt : 20240213 0001104659-24-021864.hdr.sgml : 20240213 20240213171353 ACCESSION NUMBER: 0001104659-24-021864 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL GOLD INC CENTRAL INDEX KEY: 0000085535 STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 840835164 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38460 FILM NUMBER: 24629422 BUSINESS ADDRESS: STREET 1: 1144 15TH STREET STREET 2: SUITE 2500 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-573-1660 MAIL ADDRESS: STREET 1: 1144 15TH STREET STREET 2: SUITE 2500 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL GOLD INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES CORP DATE OF NAME CHANGE: 19870517 FORMER COMPANY: FORMER CONFORMED NAME: ROYAL RESOURCES EXPLORATION INC DATE OF NAME CHANGE: 19810716 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01847-royalgoldinc.htm SCHEDULE 13G/A royalgoldinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 11)* Name of issuer:  Royal Gold Inc Title of Class of Securities:  Common Stock CUSIP Number:  780287108 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  780287108 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 23,150 7.  SOLE DISPOSITIVE POWER 6,550,767 8.  SHARED DISPOSITIVE POWER 92,801 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,643,568 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.11% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Royal Gold Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 1144 15th Street, Suite 2500 Denver, CO 80202 Item 2(a) - Name of Person Filing: The Vanguard Group - 23