Harmony Gold Mining (NYSE:HMY) Upgraded to “Hold” at Zacks Research

Posted by Brian Himes on May 13th, 2026

Harmony Gold Mining (NYSE:HMY – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley raised Harmony Gold Mining to an “overweight” rating in a research note on Thursday, April 16th. Wall Street Zen cut Harmony Gold Mining from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $16.00.

Get Our Latest Research Report on Harmony Gold Mining

Harmony Gold Mining Trading Down 1.1%

HMY stock opened at $17.93 on Monday. The business has a fifty day moving average of $16.63 and a two-hundred day moving average of $18.79. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.54 and a quick ratio of 0.38. Harmony Gold Mining has a 52-week low of $12.58 and a 52-week high of $26.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HMY. FIL Ltd purchased a new position in Harmony Gold Mining in the fourth quarter valued at $111,182,000. Goldman Sachs Group Inc. lifted its holdings in Harmony Gold Mining by 215.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock worth $82,289,000 after buying an additional 3,806,468 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Harmony Gold Mining by 286.6% during the 2nd quarter. AQR Capital Management LLC now owns 3,961,141 shares of the mining company’s stock worth $54,248,000 after buying an additional 2,936,552 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Harmony Gold Mining by 7,504.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,306,431 shares of the mining company’s stock worth $41,862,000 after buying an additional 2,276,099 shares during the last quarter. Finally, Man Group plc lifted its holdings in Harmony Gold Mining by 1,801.7% during the 2nd quarter. Man Group plc now owns 1,985,093 shares of the mining company’s stock worth $27,732,000 after buying an additional 1,880,708 shares during the last quarter. 31.79% of the stock is currently owned by hedge funds and other institutional investors.

About Harmony Gold Mining

(Get Free Report)

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.