Northwestern Mutual Wealth Management Co. Makes New $5.33 Million Investment in Kinross Gold Corporation $KGC

Northwestern Mutual Wealth Management Co. purchased a new position in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 225,861 shares of the mining company’s stock, valued at approximately $5,335,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cadence Wealth Management LLC acquired a new position in shares of Kinross Gold in the 2nd quarter valued at $1,055,000. Quantbot Technologies LP acquired a new stake in shares of Kinross Gold during the 2nd quarter valued at about $3,101,000. Sumitomo Life Insurance Co. bought a new stake in Kinross Gold in the second quarter valued at about $1,371,000. Korea Investment CORP bought a new stake in Kinross Gold in the second quarter valued at about $33,685,000. Finally, EP Wealth Advisors LLC bought a new stake in Kinross Gold in the second quarter valued at about $314,000. Institutional investors 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.

Kinross Gold Price Performance

Shares of Kinross Gold stock opened at $32.78 on Monday. The stock has a market capitalization of $38.88 billion, a price-to-earnings ratio of 12.42, a P/E/G ratio of 0.88 and a beta of 0.78. The firm’s 50-day moving average price is $25.25 and its two-hundred day moving average price is $29.10. The company has a current ratio of 2.89, a quick ratio of 1.95 and a debt-to-equity ratio of 0.08. Kinross Gold Corporation has a 1-year low of $19.19 and a 1-year high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Kinross Gold had a net margin of 37.52% and a return on equity of 34.00%. Kinross Gold’s quarterly revenue was up 29.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. On average, equities analysts predict that Kinross Gold Corporation will post 2.61 earnings per share for the current fiscal year.

Kinross Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 20th. Kinross Gold’s dividend payout ratio is presently 6.06%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Zacks Research cut shares of Kinross Gold from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Weiss Ratings lowered Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, July 31st. Wall Street Zen downgraded Kinross Gold from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Freedom Capital raised Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. One equities research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.43.

Kinross Gold Company Profile

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.