Leuthold Group LLC Sells 60,224 Shares of Pan American Silver Corp. $PAAS

Leuthold Group LLC cut its stake in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 49.2% during the fourth quarter, HoldingsChannel reports. The firm owned 62,115 shares of the basic materials company’s stock after selling 60,224 shares during the period. Leuthold Group LLC’s holdings in Pan American Silver were worth $3,218,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Veracity Capital LLC grew its holdings in shares of Pan American Silver by 1.9% in the fourth quarter. Veracity Capital LLC now owns 9,868 shares of the basic materials company’s stock worth $511,000 after purchasing an additional 185 shares during the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of Pan American Silver by 4.2% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 6,507 shares of the basic materials company’s stock worth $337,000 after purchasing an additional 262 shares during the last quarter. Harvest Portfolios Group Inc. grew its holdings in shares of Pan American Silver by 0.9% in the third quarter. Harvest Portfolios Group Inc. now owns 36,240 shares of the basic materials company’s stock worth $1,404,000 after purchasing an additional 318 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Pan American Silver by 7.9% in the fourth quarter. CoreCap Advisors LLC now owns 4,535 shares of the basic materials company’s stock worth $235,000 after purchasing an additional 331 shares during the last quarter. Finally, Alta Wealth Advisors LLC grew its holdings in shares of Pan American Silver by 4.7% in the fourth quarter. Alta Wealth Advisors LLC now owns 8,351 shares of the basic materials company’s stock worth $433,000 after purchasing an additional 375 shares during the last quarter. 55.43% of the stock is currently owned by institutional investors.

Pan American Silver Stock Performance

Shares of Pan American Silver stock opened at $56.42 on Monday. The firm has a market capitalization of $23.77 billion, a P/E ratio of 18.14, a PEG ratio of 0.45 and a beta of 0.65. The company has a quick ratio of 2.11, a current ratio of 2.84 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average price of $55.98 and a 200 day moving average price of $52.72. Pan American Silver Corp. has a 52 week low of $22.17 and a 52 week high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.25 billion. Pan American Silver had a net margin of 31.66% and a return on equity of 19.50%. Pan American Silver’s revenue was up 49.3% on a year-over-year basis. During the same period last year, the firm posted $0.42 EPS. Sell-side analysts expect that Pan American Silver Corp. will post 4.57 EPS for the current year.

Pan American Silver Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 19th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, May 19th. Pan American Silver’s dividend payout ratio (DPR) is presently 23.15%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Pan American Silver from a “buy” rating to a “strong-buy” rating in a report on Monday. TD Securities upgraded shares of Pan American Silver from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Monday, May 11th. Canadian Imperial Bank of Commerce set a $88.00 target price on shares of Pan American Silver and gave the stock an “outperform” rating in a report on Wednesday, February 4th. TD Cowen upgraded shares of Pan American Silver from a “hold” rating to a “buy” rating and increased their target price for the stock from $67.00 to $72.00 in a report on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Pan American Silver in a report on Tuesday, May 12th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

More Pan American Silver News

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: Scotiabank reiterated an Outperform rating and $64 price target, while nudging up estimates for FY2026, FY2027, FY2028, FY2029 and FY2030. PAAS stock page
• Positive Sentiment: National Bank Financial raised forecasts for several periods, including FY2026, FY2027, FY2028, FY2029 and FY2030, with particularly large increases to longer-term earnings expectations. PAAS stock page
• Positive Sentiment: Edison Investment Research also lifted its FY2026 and FY2027 earnings estimates, adding to the overall positive analyst trend. PAAS stock page
• Neutral Sentiment: Recent coverage continues to show a mixed but generally constructive analyst backdrop, with some firms already pricing in earnings above consensus and others only modestly above current estimates.
• Negative Sentiment: Despite the analyst upgrades, PAAS has also been under pressure from a pullback in silver prices and ongoing operational-risk headlines in Mexico, which may be capping near-term upside. Article on silver pullback and Mexico risk

Pan American Silver Profile

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.