Man Group plc Acquires 882,373 Shares of Kinross Gold Corporation $KGC

Posted by Stanley Muller on Jun 18th, 2026

Man Group plc grew its holdings in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 12,526,669 shares of the mining company’s stock after buying an additional 882,373 shares during the quarter. Kinross Gold makes up approximately 0.6% of Man Group plc’s investment portfolio, making the stock its 19th largest holding. Man Group plc’s holdings in Kinross Gold were worth $352,751,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Investment Management Corp of Ontario increased its holdings in Kinross Gold by 229.6% during the 4th quarter. Investment Management Corp of Ontario now owns 147,945 shares of the mining company’s stock worth $4,166,000 after acquiring an additional 103,059 shares during the period. Gotham Asset Management LLC increased its holdings in Kinross Gold by 3.5% during the 4th quarter. Gotham Asset Management LLC now owns 330,644 shares of the mining company’s stock worth $9,311,000 after acquiring an additional 11,098 shares during the period. Engineers Gate Manager LP increased its holdings in Kinross Gold by 63.9% during the 4th quarter. Engineers Gate Manager LP now owns 206,932 shares of the mining company’s stock worth $5,827,000 after acquiring an additional 80,712 shares during the period. Cinctive Capital Management LP increased its holdings in Kinross Gold by 85.1% during the 4th quarter. Cinctive Capital Management LP now owns 176,626 shares of the mining company’s stock worth $4,974,000 after acquiring an additional 81,220 shares during the period. Finally, Clough Capital Partners L P increased its holdings in Kinross Gold by 109.6% during the 4th quarter. Clough Capital Partners L P now owns 72,580 shares of the mining company’s stock worth $2,044,000 after acquiring an additional 37,950 shares during the period. Institutional investors own 63.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KGC. Wall Street Zen lowered shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 24th. Weiss Ratings lowered shares of Kinross Gold from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, June 3rd. TD Securities decreased their target price on shares of Kinross Gold from $43.00 to $42.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Freedom Capital raised shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada raised shares of Kinross Gold from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $36.00 to $45.00 in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $38.81.

Check Out Our Latest Stock Report on KGC

Kinross Gold Price Performance

Shares of NYSE:KGC opened at $27.28 on Thursday. The company’s fifty day moving average price is $29.99 and its 200-day moving average price is $30.95. The firm has a market capitalization of $32.54 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.99 and a beta of 0.71. Kinross Gold Corporation has a one year low of $14.71 and a one year high of $39.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.84 and a quick ratio of 1.83.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last issued its quarterly earnings results on Wednesday, April 29th. The mining company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.03. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.38 billion. Kinross Gold had a net margin of 35.99% and a return on equity of 32.47%. The business’s revenue for the quarter was up 60.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 EPS. On average, equities research analysts anticipate that Kinross Gold Corporation will post 2.91 earnings per share for the current fiscal year.

Kinross Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a $0.04 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.6%. Kinross Gold’s dividend payout ratio is presently 6.78%.

About Kinross Gold

(Free Report)

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.