Acorn Financial Advisory Services Inc. ADV Invests $919,000 in AngloGold Ashanti PLC $AU

Posted by Francis Steltz on Jul 1st, 2026

Acorn Financial Advisory Services Inc. ADV acquired a new stake in shares of AngloGold Ashanti PLC (NYSE:AU – Free Report) during the first quarter, Holdings Channel reports. The institutional investor acquired 9,437 shares of the mining company’s stock, valued at approximately $919,000.

Several other hedge funds have also recently made changes to their positions in AU. Zions Bancorporation National Association UT purchased a new stake in AngloGold Ashanti during the 4th quarter valued at about $31,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of AngloGold Ashanti in the fourth quarter worth about $34,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of AngloGold Ashanti during the fourth quarter worth about $36,000. Global Retirement Partners LLC lifted its holdings in shares of AngloGold Ashanti by 454.1% during the fourth quarter. Global Retirement Partners LLC now owns 471 shares of the mining company’s stock worth $40,000 after purchasing an additional 386 shares during the period. Finally, Reflection Asset Management purchased a new stake in AngloGold Ashanti in the fourth quarter valued at approximately $42,000. 36.09% of the stock is owned by institutional investors and hedge funds.

AngloGold Ashanti Stock Performance

Shares of AU stock opened at $80.57 on Wednesday. AngloGold Ashanti PLC has a 52-week low of $44.67 and a 52-week high of $129.14. The company has a quick ratio of 2.11, a current ratio of 2.71 and a debt-to-equity ratio of 0.19. The stock has a market cap of $40.68 billion, a PE ratio of 11.81 and a beta of 0.60. The business has a 50-day simple moving average of $92.29 and a 200-day simple moving average of $97.43.

AngloGold Ashanti (NYSE:AU – Get Free Report) last posted its earnings results on Friday, May 8th. The mining company reported $2.52 EPS for the quarter, topping the consensus estimate of $2.27 by $0.25. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.26 billion. AngloGold Ashanti had a return on equity of 36.41% and a net margin of 31.11%. On average, equities analysts expect that AngloGold Ashanti PLC will post 8.91 EPS for the current year.

AngloGold Ashanti Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a $1.16 dividend. The ex-dividend date was Friday, May 29th. This represents a $4.64 annualized dividend and a yield of 5.8%. This is a boost from AngloGold Ashanti’s previous quarterly dividend of $0.17. AngloGold Ashanti’s payout ratio is currently 68.04%.

Analyst Upgrades and Downgrades

AU has been the topic of several research reports. Weiss Ratings downgraded shares of AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, June 1st. Citigroup lifted their price objective on shares of AngloGold Ashanti from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Roth Mkm dropped their price objective on shares of AngloGold Ashanti from $121.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Scotiabank cut their price objective on shares of AngloGold Ashanti from $134.00 to $133.00 and set a “sector outperform” rating on the stock in a research note on Friday, March 20th. Finally, Wall Street Zen cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $111.80.

Check Out Our Latest Report on AU

AngloGold Ashanti Company Profile

(Free Report)

AngloGold Ashanti is a global gold mining company engaged in the exploration, development, production, processing and sale of gold. Headquartered in Johannesburg, South Africa, the company’s core activities span the full mining value chain from greenfield exploration and mine development through to ore processing and rehabilitation. Gold is the primary commodity produced, with individual operations sometimes yielding other by‑products depending on local geology and processing methods.

The company was formed in 2004 through the merger of AngloGold and Ashanti Goldfields, creating a diversified international gold producer.