Quantbot Technologies LP Takes $3.10 Million Position in Kinross Gold Corporation $KGC

Quantbot Technologies LP acquired a new stake in shares of Kinross Gold Corporation (NYSE:KGCFree Report) (TSE:K) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 131,284 shares of the mining company’s stock, valued at approximately $3,101,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Virtus Advisers LLC bought a new position in shares of Kinross Gold during the third quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new stake in shares of Kinross Gold in the 1st quarter worth approximately $29,000. Harvest Fund Management Co. Ltd lifted its holdings in shares of Kinross Gold by 85.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock worth $32,000 after purchasing an additional 589 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in Kinross Gold during the 3rd quarter valued at approximately $38,000. Finally, Manchester Capital Management LLC acquired a new position in Kinross Gold during the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Trending Headlines about Kinross Gold

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

  • Positive Sentiment: Gold prices remain a key catalyst for Kinross, because higher bullion prices can improve realized revenue, margins and free cash flow for the gold producer. This keeps KGC in focus as investors assess the outlook for precious-metals prices. What Puts Kinross Gold in Focus as Gold Prices Move?
  • Neutral Sentiment: Investors are also monitoring Kinross’s cost outlook. Production costs are especially important if gold prices retreat, as higher costs could compress margins; the latest coverage focuses on this key profitability signal. What Is the Key Cost Signal for Kinross Gold?
  • Negative Sentiment: Zacks Research lowered EPS forecasts across multiple periods and maintained a “Strong Sell” rating. Estimates fell for Q3 2026 to $0.57 from $0.76, FY2026 to $2.63 from $2.79, FY2027 to $2.48 from $2.83 and FY2028 to $2.36 from $2.78. Forecasts for several 2027 quarters were also reduced. Although Q4 2026 EPS was raised modestly to $0.64 from $0.62, the broader revisions imply weaker expected earnings growth and may pressure the shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on KGC shares. Zacks Research lowered Kinross Gold from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Royal Bank Of Canada reduced their price target on shares of Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Freedom Capital upgraded shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Wall Street Zen cut shares of Kinross Gold from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Weiss Ratings downgraded shares of Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $38.43.

Read Our Latest Analysis on Kinross Gold

Kinross Gold Stock Up 0.1%

KGC opened at $32.78 on Monday. Kinross Gold Corporation has a 12 month low of $19.19 and a 12 month high of $39.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.95. The stock has a market cap of $38.88 billion, a P/E ratio of 12.42, a P/E/G ratio of 0.88 and a beta of 0.78. The stock’s 50 day moving average price is $25.25 and its 200 day moving average price is $29.10.

Kinross Gold (NYSE:KGCGet Free Report) (TSE:K) last announced its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The firm’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, research analysts predict that Kinross Gold Corporation will post 2.61 earnings per share for the current year.

Kinross Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Kinross Gold’s dividend payout ratio is currently 6.06%.

Kinross Gold Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Kinross Gold (NYSE:KGC)

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