Vanguard Group Inc. grew its holdings in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,887,386 shares of the mining company’s stock after purchasing an additional 148,845 shares during the period. Vanguard Group Inc. owned about 4.24% of Kinross Gold worth $1,433,345,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in KGC. AQR Capital Management LLC raised its holdings in shares of Kinross Gold by 35.1% in the first quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock valued at $887,000 after purchasing an additional 18,287 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Kinross Gold in the first quarter valued at approximately $158,000. Sivia Capital Partners LLC acquired a new stake in shares of Kinross Gold in the second quarter valued at approximately $167,000. M&T Bank Corp grew its stake in shares of Kinross Gold by 9.0% in the second quarter. M&T Bank Corp now owns 16,153 shares of the mining company’s stock valued at $252,000 after buying an additional 1,328 shares in the last quarter. Finally, AXA S.A. bought a new position in shares of Kinross Gold in the second quarter valued at $2,483,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts recently weighed in on the stock. UBS Group decreased their target price on shares of Kinross Gold from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, March 27th. Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a research note on Wednesday, January 28th. TD Securities decreased their target price on shares of Kinross Gold from $43.00 to $42.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Royal Bank Of Canada raised shares of Kinross Gold from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $36.00 to $45.00 in a research note on Thursday, March 12th. Finally, Zacks Research cut shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.81.
Kinross Gold News Roundup
Here are the key news stories impacting Kinross Gold this week:
- Positive Sentiment: Company reports record Q1 2026 free cash flow and signals faster shareholder returns — management highlighted sustained cash generation and said payouts will ramp up, supporting buybacks/dividends and reducing execution risk on returns of capital. Kinross Gold Posts Record Q1 2026 Free Cash Flow, Ramps Up Shareholder Payouts
- Positive Sentiment: Q1 results beat consensus on EPS and topped revenue expectations y/y — EPS $0.71 vs $0.68 est., revenue rose ~60.8% YoY; margins and ROE remain strong. Management has returned ~$350M YTD and $1B since Q1 2025, underscoring capital returns. Kinross reports strong 2026 first-quarter results
- Positive Sentiment: Board declared a US$0.04 quarterly dividend (payable June 4, record May 21), formalizing cash returns to shareholders and supporting income-focused investors. Kinross declares quarterly dividend
- Positive Sentiment: Goldman Sachs includes Kinross among its top gold-stock picks — adds third-party validation that can attract institutional flows. The note also cites progress at the Peak Gold JV and Lucky Shot underground drilling. Kinross Gold Corporation (KGC) Asserts Status as one of Goldman Sachs top Gold Stock Picks
- Positive Sentiment: Stifel Canada maintained a Buy rating and kept a C$65 price target after Q1 — analyst support and an unchanged PT can help sustain positive sentiment. Kinross Gold Maintained at Buy at Stifel Canada Following Q1 Results; Price Target Kept atC$65.00
- Neutral Sentiment: Annual meeting voting results reported; nominees re-elected with strong shareholder support — governance stability reduces near-term corporate risk but is unlikely to be a major price catalyst on its own. Kinross announces Annual Shareholder Meeting voting results
- Neutral Sentiment: Analyst commentary (Zacks and others) highlights Kinross among producers likely to benefit from higher gold prices and efficiency gains — supportive context but not new company-specific news. Compared to Estimates, Kinross Gold (KGC) Q1 Earnings: A Look at Key Metrics
- Negative Sentiment: Revenue was marginally below the consensus (reported $2.37B vs ~$2.38B estimate) — a very small miss that investors may view as noise given the strong cash flow and margin metrics, but it’s a technical negative. Kinross Gold (KGC) Q1 Earnings and Revenues Surpass Estimates
Kinross Gold Trading Up 1.5%
KGC stock opened at $30.31 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.35 and a quick ratio of 1.37. The company has a fifty day moving average price of $32.10 and a two-hundred day moving average price of $30.06. Kinross Gold Corporation has a one year low of $13.28 and a one year high of $39.11. The stock has a market cap of $36.20 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82.
Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its quarterly earnings data on Wednesday, April 29th. The mining company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.03. Kinross Gold had a net margin of 35.99% and a return on equity of 33.53%. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the previous year, the business posted $0.30 earnings per share. The company’s revenue for the quarter was up 60.8% compared to the same quarter last year. Equities analysts anticipate that Kinross Gold Corporation will post 2.77 EPS for the current year.
Kinross Gold Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, May 21st. Kinross Gold’s payout ratio is presently 6.78%.
About Kinross Gold
Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.
Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.
Further Reading
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