Leuthold Group LLC Buys 30,979 Shares of Kinross Gold Corporation $KGC

Leuthold Group LLC boosted its stake in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 7.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 469,058 shares of the mining company’s stock after purchasing an additional 30,979 shares during the quarter. Kinross Gold comprises 1.0% of Leuthold Group LLC’s portfolio, making the stock its 21st largest holding. Leuthold Group LLC’s holdings in Kinross Gold were worth $11,295,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH raised its holdings in Kinross Gold by 17.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 9,596,638 shares of the mining company’s stock worth $227,141,000 after acquiring an additional 1,395,576 shares during the period. SteelPeak Wealth LLC acquired a new position in Kinross Gold during the 1st quarter worth $2,263,000. Deutsche Bank AG acquired a new position in Kinross Gold during the 2nd quarter worth $217,800,000. Andra AP fonden boosted its holdings in Kinross Gold by 10.0% during the second quarter. Andra AP fonden now owns 867,872 shares of the mining company’s stock valued at $20,499,000 after acquiring an additional 78,900 shares during the period. Finally, Groupe la Francaise boosted its holdings in Kinross Gold by 11.5% during the second quarter. Groupe la Francaise now owns 1,115,000 shares of the mining company’s stock valued at $26,411,000 after acquiring an additional 115,000 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold Price Performance

Shares of Kinross Gold stock opened at $22.84 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.87 and a quick ratio of 1.89. Kinross Gold Corporation has a fifty-two week low of $19.70 and a fifty-two week high of $39.11. The firm has a fifty day moving average price of $25.10 and a two-hundred day moving average price of $28.46. The company has a market cap of $26.91 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.70 and a beta of 0.83.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, October 28th. The mining company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.94 billion. Kinross Gold had a net margin of 37.62% and a return on equity of 32.84%. Analysts expect that Kinross Gold Corporation will post 2.39 EPS for the current year.

Kinross Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 19th. Kinross Gold’s dividend payout ratio is presently 6.04%.

Key Stories Impacting Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

• Negative Sentiment: The lawsuit alleges Kinross and certain executives made misleading statements about the company’s production outlook and expected growth, while understating the risk of sequential production declines at Round Mountain Phase S. The claims concern investors who bought shares from February 18 through September 23, 2026. Holzer & Holzer lawsuit notice
• Neutral Sentiment: Investors have until January 5, 2027, to seek appointment as lead plaintiff. This is a procedural deadline, not a finding that Kinross committed wrongdoing. Kirby McInerney lawsuit notice

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Scotia lowered their price target on Kinross Gold from $41.00 to $39.00 and set a “sector outperform” rating on the stock in a research report on Thursday, September 24th. TD cut their price objective on Kinross Gold from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. Zacks Research upgraded Kinross Gold from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, July 31st. Finally, Scotiabank dropped their price target on Kinross Gold from $41.00 to $39.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $37.98.

About Kinross Gold

Kinross Gold Corporation is a Toronto-based gold mining company engaged in the exploration, development and operation of gold mines. Its principal product is gold, with silver also produced at some operations.

The company operates mines in the United States, Brazil, Chile and Mauritania. Its activities span the mining process, from identifying and developing mineral deposits to extracting and processing ore.

Founded in 1993, Kinross has grown through acquisitions and the development of mining projects across the Americas and West Africa.