SCHEDULE: First Eagle Investment Management Updates Royal Gold Stake

First Eagle Investment Management, LLC has filed an amendment to its Schedule 13G, reporting a 3.4% beneficial ownership in Royal Gold Inc. common stock.

Summary

• First Eagle Investment Management, LLC reported beneficial ownership of 2,247,875 shares of Royal Gold Inc. common stock.
• This beneficial ownership represents 3.4% of the class of Royal Gold Inc. common stock.
• First Eagle Investment Management, LLC holds sole voting power over 2,201,221 shares.
• First Eagle Investment Management, LLC holds sole dispositive power over 2,247,875 shares.
• No shared voting or shared dispositive power was reported by First Eagle Investment Management, LLC.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously reported beneficial ownership position.

Sentiment

Score: 5

Explanation: This filing is a factual disclosure of beneficial ownership and does not contain information to assess the company's operational performance or future prospects. The reported ownership is below the 5% threshold typically associated with significant new passive investment disclosures.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, confirming First Eagle Investment Management's continued, albeit reduced, passive investment.

Key Dates

Keywords

Royal Gold Inc., First Eagle Investment Management, Schedule 13G, beneficial ownership, common stock, investment adviser, passive investment