TD Waterhouse Canada Inc. Buys 588,142 Shares of Pan American Silver Corp. $PAAS

TD Waterhouse Canada Inc. grew its holdings in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 2,666.0% in the 4th quarter, Holdings Channel reports. The fund owned 610,203 shares of the basic materials company’s stock after purchasing an additional 588,142 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Pan American Silver were worth $31,588,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of PAAS. Van ECK Associates Corp boosted its position in shares of Pan American Silver by 51.8% in the third quarter. Van ECK Associates Corp now owns 45,142,060 shares of the basic materials company’s stock valued at $1,748,355,000 after acquiring an additional 15,405,762 shares during the period. First Eagle Investment Management LLC bought a new stake in shares of Pan American Silver in the third quarter valued at approximately $178,004,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Pan American Silver by 38.7% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,462,912 shares of the basic materials company’s stock valued at $560,149,000 after acquiring an additional 4,037,311 shares during the period. Vanguard Group Inc. boosted its position in shares of Pan American Silver by 21.2% in the third quarter. Vanguard Group Inc. now owns 17,191,611 shares of the basic materials company’s stock valued at $666,192,000 after acquiring an additional 3,006,055 shares during the period. Finally, North of South Capital LLP boosted its position in shares of Pan American Silver by 444.2% in the third quarter. North of South Capital LLP now owns 3,000,056 shares of the basic materials company’s stock valued at $116,192,000 after acquiring an additional 2,448,778 shares during the period. 55.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PAAS. Jefferies Financial Group reduced their price objective on Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a research report on Wednesday, January 21st. Canadian Imperial Bank of Commerce set a $88.00 price objective on Pan American Silver and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. Wall Street Zen cut Pan American Silver from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Scotiabank increased their price objective on Pan American Silver from $47.00 to $64.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $56.60.

Pan American Silver Trading Up 0.1%

Shares of PAAS stock opened at $59.09 on Monday. Pan American Silver Corp. has a 52-week low of $22.08 and a 52-week high of $69.99. The stock has a market cap of $24.90 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of 0.49 and a beta of 0.75. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.97 and a current ratio of 2.69. The firm has a fifty day moving average of $57.69 and a 200-day moving average of $50.40.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the company posted $0.35 EPS. The business’s revenue was up 44.7% on a year-over-year basis. On average, equities research analysts forecast that Pan American Silver Corp. will post 1.26 earnings per share for the current fiscal year.

Pan American Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were paid a $0.18 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s dividend payout ratio is currently 28.80%.

Key Stories Impacting Pan American Silver

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: Scotiabank retains an “Outperform” rating and a $64 price target on PAAS, signaling continued analyst confidence and offering upside relative to current levels. Read More.
• Neutral Sentiment: Market wire stories (Yahoo Finance, Zacks) reported a recent close at $56.51 (a prior session decline), providing short-term market context but no new company-specific catalysts. Read More.
• Neutral Sentiment: Duplicate coverage from Zacks reiterated the intraday/close movement and summarized trading action; useful for traders monitoring flow but not a driver of fundamentals. Read More.
• Negative Sentiment: Scotiabank cut multiple near-term and medium-term EPS forecasts for PAAS (Q1–Q4 2026 and FY2026) — notably trimming FY2026 from $3.00 to $1.97 — and made modest reductions to FY2028–FY2029 estimates. Those downward revisions reduce near-term earnings visibility and are a clear negative for sentiment. Read More.

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.