Allspring Global Investments Holdings LLC boosted its stake in shares of Pan American Silver Corp. (NYSE:PAAS – Free Report) (TSE:PAAS) by 3.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 772,077 shares of the basic materials company’s stock after acquiring an additional 24,350 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Pan American Silver were worth $42,197,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC raised its stake in shares of Pan American Silver by 22.3% during the 1st quarter. Wealthfront Advisers LLC now owns 12,118 shares of the basic materials company’s stock worth $662,000 after buying an additional 2,209 shares during the period. Geneos Wealth Management Inc. increased its stake in Pan American Silver by 13.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,483 shares of the basic materials company’s stock worth $409,000 after buying an additional 890 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Pan American Silver during the first quarter valued at approximately $309,000. International Assets Investment Management LLC lifted its position in shares of Pan American Silver by 10.2% in the first quarter. International Assets Investment Management LLC now owns 10,861 shares of the basic materials company’s stock valued at $604,000 after acquiring an additional 1,001 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Pan American Silver by 1,336.1% in the first quarter. Fifth Third Bancorp now owns 517 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 481 shares in the last quarter. Institutional investors and hedge funds own 55.43% of the company’s stock.
Pan American Silver Trading Down 0.4%
Shares of PAAS stock opened at $41.80 on Friday. Pan American Silver Corp. has a 1-year low of $26.76 and a 1-year high of $69.99. The firm has a market cap of $17.43 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 3.79 and a beta of 0.72. The company has a 50-day moving average of $49.81 and a two-hundred day moving average of $54.44. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.84 and a quick ratio of 2.11.
Pan American Silver Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, May 19th. Pan American Silver’s dividend payout ratio (DPR) is currently 23.15%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on PAAS. Jefferies Financial Group lowered their price target on Pan American Silver from $54.00 to $53.00 and set a “hold” rating on the stock in a research note on Monday, July 6th. TD Cowen raised shares of Pan American Silver from a “hold” rating to a “buy” rating and raised their price target for the stock from $67.00 to $72.00 in a research note on Tuesday, May 12th. Wall Street Zen lowered shares of Pan American Silver from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Pan American Silver in a research note on Tuesday, April 28th. Finally, Zacks Research lowered Pan American Silver from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $70.43.
Get Our Latest Stock Analysis on Pan American Silver
Key Pan American Silver News
Here are the key news stories impacting Pan American Silver this week:
- Positive Sentiment: Scotiabank raised its earnings estimates across several periods, including Q4 2026, Q3 2027, Q1 2028, Q2 2028, FY2028, FY2029 and FY2030, while reiterating an Outperform rating. This suggests confidence in Pan American Silver’s longer-term earnings power.
- Positive Sentiment: Scotiabank also increased its FY2028, FY2029 and FY2030 EPS forecasts, reinforcing a constructive long-term view on the company.
- Neutral Sentiment: Pan American Silver recently reported strong quarterly results, beating EPS and revenue expectations and posting significant year-over-year revenue growth. That prior earnings strength still supports the stock’s fundamental backdrop.
- Negative Sentiment: National Bank Financial cut multiple 2026 and 2027 EPS estimates, including FY2026 and FY2027, which may have raised concerns about near- to medium-term profitability.
- Negative Sentiment: The bank also lowered its FY2028, FY2029 and FY2030 earnings estimates, signaling a more cautious view on future earnings versus earlier expectations.
- Negative Sentiment: Several of National Bank Financial’s quarterly cuts were substantial, especially for Q2 2026, Q3 2026, Q1 2027, Q2 2027 and Q4 2027, which could contribute to selling pressure on the shares.
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.
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