Barings LLC Reduces Stock Holdings in Pan American Silver Corp. $PAAS

Barings LLC lessened its position in shares of Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 33.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PAAS. AQR Capital Management LLC raised its position in Pan American Silver by 48.6% during the first quarter. AQR Capital Management LLC now owns 19,529 shares of the basic materials company’s stock worth $504,000 after acquiring an additional 6,391 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Pan American Silver by 574.9% during the 1st quarter. Jones Financial Companies Lllp now owns 19,518 shares of the basic materials company’s stock worth $504,000 after purchasing an additional 16,626 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Pan American Silver by 31.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,499,343 shares of the basic materials company’s stock worth $38,728,000 after purchasing an additional 360,283 shares during the last quarter. Empowered Funds LLC purchased a new stake in Pan American Silver in the 1st quarter valued at approximately $1,272,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in Pan American Silver in the 2nd quarter valued at approximately $215,000. 55.43% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research cut Pan American Silver from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 31st. Bank of America lifted their price objective on Pan American Silver from $46.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, December 1st. Scotiabank boosted their price objective on shares of Pan American Silver from $47.00 to $64.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Wall Street Zen upgraded Pan American Silver from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, Jefferies Financial Group cut their price target on shares of Pan American Silver from $58.00 to $54.00 and set a “hold” rating on the stock in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $56.60.

Pan American Silver News Summary

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

Shares of PAAS stock opened at $64.76 on Friday. The company has a current ratio of 2.69, a quick ratio of 1.55 and a debt-to-equity ratio of 0.11. The company has a market cap of $27.32 billion, a PE ratio of 25.91, a P/E/G ratio of 0.58 and a beta of 0.66. The company’s fifty day simple moving average is $56.05 and its 200-day simple moving average is $43.75. Pan American Silver Corp. has a 52 week low of $20.55 and a 52 week high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly 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. Pan American Silver had a net margin of 27.07% and a return on equity of 16.38%. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the prior year, the company earned $0.35 EPS. The firm’s revenue was up 44.7% on a year-over-year basis. As a group, equities research analysts anticipate that Pan American Silver Corp. will post 1.26 EPS for the current year.

Pan American Silver Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Pan American Silver’s previous quarterly dividend of $0.14. The ex-dividend date is Monday, March 2nd. Pan American Silver’s payout ratio is 28.80%.

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.