Barings LLC lowered its stake in shares of Pan American Silver Corp. (NYSE:PAAS – Free Report) (TSE:PAAS) by 33.3% in the third quarter, Holdings Channel reports. The institutional investor owned 168,158 shares of the basic materials company’s stock after selling 84,016 shares during the quarter. Barings LLC’s holdings in Pan American Silver were worth $6,513,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of PAAS. Arrowstreet Capital Limited Partnership increased its holdings in shares of Pan American Silver by 5,674.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,141,108 shares of the basic materials company’s stock worth $174,406,000 after acquiring an additional 6,034,755 shares during the period. Norges Bank bought a new position in Pan American Silver in the 2nd quarter worth about $155,281,000. Vanguard Group Inc. grew its position in Pan American Silver by 21.2% in the 3rd quarter. Vanguard Group Inc. now owns 17,191,611 shares of the basic materials company’s stock worth $666,192,000 after purchasing an additional 3,006,055 shares during the last quarter. Invesco Ltd. increased its stake in shares of Pan American Silver by 49.5% in the second quarter. Invesco Ltd. now owns 9,016,262 shares of the basic materials company’s stock valued at $256,062,000 after purchasing an additional 2,986,434 shares during the period. Finally, North of South Capital LLP raised its holdings in shares of Pan American Silver by 444.2% during the third quarter. North of South Capital LLP now owns 3,000,056 shares of the basic materials company’s stock valued at $116,192,000 after buying an additional 2,448,778 shares during the last quarter. 55.43% of the stock is currently owned by institutional investors and hedge funds.
More Pan American Silver News
Here are the key news stories impacting Pan American Silver this week:
- Positive Sentiment: Q4 & full‑year beat and record results — Pan American reported adjusted EPS of $1.11 (vs. ~$0.90 est.) and revenue of ~$1.18B, with record net earnings for 2025. Strong beat and top‑line growth underpin the rally. Pan American Silver Reports Record Fourth Quarter and Full Year 2025 Financial Results
- Positive Sentiment: Dividend hiked — quarterly dividend raised ~29% to $0.18 (ex‑dividend Mar 2), signalling stronger cash returns and management confidence in cash generation. Pan American Silver Reports Record Fourth Quarter and Full Year 2025 Financial Results
- Positive Sentiment: Cash flow & guidance strength — record operating cash flow (Q4 ~$554M; full‑year FCF >$1.1B) and management guidance calling for double‑digit silver production growth in 2026 support upside to earnings and returns if metal prices hold. Pan American Silver Earnings Beat Sparks Guidance Hike And Valuation Debate
- Positive Sentiment: Operational contributors — Juanicipio and other mines drove quarterly attributable silver production (~7.3M oz) and helped push margins higher, showing the company is converting higher metal prices into profits. Pan American Silver Q4 2025 Earnings — MarketBeat
- Neutral Sentiment: Peer comparison & sector context — analysts are comparing PAAS with peers (e.g., EXK) as silver rallies; positive macro for silver helps miners broadly, but relative valuation and production profiles matter. PAAS vs. EXK: Which Silver Mining Stock Is the Better Buy?
- Neutral Sentiment: Valuation debate — the earnings beat and guidance lift the stock, but some coverage highlights a debate over whether the run‑up fully discounts expected metal prices and production gains. Pan American Silver Earnings Beat Sparks Guidance Hike And Valuation Debate
- Negative Sentiment: Royalty / cost pressures at San Vicente — management noted royalties were adjusted to reflect profit‑sharing with Bolivia’s state miner (COMIBOL), which could modestly reduce local margins; the company also flagged cost challenges to watch. Pan American Silver (PAAS) Earnings Transcript
Pan American Silver Stock Performance
Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last issued its earnings results on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.21. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Pan American Silver had a net margin of 27.07% and a return on equity of 16.38%. The firm’s revenue for the quarter was up 44.7% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. Equities research analysts anticipate that Pan American Silver Corp. will post 1.26 EPS for the current fiscal year.
Pan American Silver Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, March 2nd. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s payout ratio is presently 28.80%.
Analyst Ratings Changes
Several research analysts have recently issued reports on PAAS shares. Jefferies Financial Group decreased their price target on Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a research note on Wednesday, January 21st. Bank of America increased their target price on shares of Pan American Silver from $46.00 to $51.00 and gave the company a “buy” rating in a research report on Monday, December 1st. Wall Street Zen raised shares of Pan American Silver from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Scotiabank upped their price target on shares of Pan American Silver from $47.00 to $64.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce set a $88.00 price objective on shares of Pan American Silver and gave the company an “outperform” rating in a report on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $56.60.
Check Out Our Latest Stock Analysis on PAAS
About Pan American Silver
Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.
With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.
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