--- title: "Azzad Asset Management Inc. ADV Sells 6,325 Shares of Royal Gold, Inc. $RGLD" type: "News" locale: "en" url: "https://longbridge.com/en/news/292378613.md" description: "Azzad Asset Management Inc. reduced its Royal Gold holdings by 68.6% in Q1, selling 6,325 shares. Other institutions like Elyxium Wealth and Gen Wealth Partners also adjusted positions. Royal Gold declared a $0.475 quarterly dividend. Analysts maintain a 'Moderate Buy' consensus with an average target of $282.55, though National Bank Financial, UBS, and Jefferies recently lowered price targets. SVP Randy Shefman sold 500 shares." datetime: "2026-07-11T12:40:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292378613.md) - [en](https://longbridge.com/en/news/292378613.md) - [zh-HK](https://longbridge.com/zh-HK/news/292378613.md) --- # Azzad Asset Management Inc. ADV Sells 6,325 Shares of Royal Gold, Inc. $RGLD Azzad Asset Management Inc. ADV lowered its holdings in shares of Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL by 68.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,890 shares of the basic materials company's stock after selling 6,325 shares during the quarter. Azzad Asset Management Inc. ADV's holdings in Royal Gold were worth $735,000 at the end of the most recent quarter. - Gold Is Testing Its 200-Day SMA—These 3 Mining Stocks Are the Play Several other institutional investors have also modified their holdings of the business. Elyxium Wealth LLC acquired a new stake in Royal Gold during the 4th quarter worth approximately $27,000. Gen Wealth Partners Inc bought a new position in Royal Gold in the fourth quarter valued at approximately $27,000. Vermillion & White Wealth Management Group LLC bought a new position in Royal Gold in the third quarter valued at approximately $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of Royal Gold in the fourth quarter valued at approximately $30,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Royal Gold in the fourth quarter valued at approximately $30,000. Institutional investors own 83.65% of the company's stock. ## Royal Gold Stock Performance Shares of RGLD stock opened at $196.83 on Friday. The company's fifty day simple moving average is $216.21 and its 200-day simple moving average is $245.10. The company has a quick ratio of 3.26, a current ratio of 3.52 and a debt-to-equity ratio of 0.08. The firm has a market cap of $16.70 billion, a PE ratio of 23.46, a P/E/G ratio of 1.34 and a beta of 0.44. Royal Gold, Inc. has a 12 month low of $150.75 and a 12 month high of $306.25. ## Royal Gold Announces Dividend - The Best Way to Invest in Gold Is... The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Thursday, July 2nd will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, July 2nd. Royal Gold's payout ratio is presently 22.65%. ## Wall Street Analysts Forecast Growth Several brokerages have recently issued reports on RGLD. National Bank Financial lowered their price objective on shares of Royal Gold from $350.00 to $340.00 and set an "outperform" rating for the company in a research report on Friday, April 17th. UBS Group cut their price objective on shares of Royal Gold from $325.00 to $280.00 and set a "buy" rating on the stock in a research report on Tuesday, June 30th. Jefferies Financial Group reduced their target price on shares of Royal Gold from $318.00 to $311.00 and set a "buy" rating for the company in a research note on Monday. Weiss Ratings cut Royal Gold from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, June 11th. Finally, Zacks Research raised Royal Gold from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 2nd. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $282.55. - BHP Stock: The Under-the-Radar Growth Story in Commodities **Read Our Latest Research Report on RGLD** ## Insider Buying and Selling In other Royal Gold news, SVP Randy Shefman sold 500 shares of the business's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $215.85, for a total transaction of $107,925.00. Following the sale, the senior vice president directly owned 8,582 shares of the company's stock, valued at $1,852,424.70. The trade was a 5.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.35% of the stock is owned by company insiders. ## Royal Gold Profile (Free Report) 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. ## Further Reading - Five stocks we like better than Royal Gold - Pushing the Edge: Super Micro Computer Reboots the AI Landscape - MarketBeat Week in Review – 07/06 - 07/10 - AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target - Micron's $250 Billion Bet Could Reshape the AI Memory Race **Want to see what other hedge funds are holding RGLD?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL. _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Royal Gold Right Now? Before you consider Royal Gold, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Royal Gold wasn't on the list. While Royal Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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