Pacer Advisors Inc. Has $554,000 Stake in Cleveland-Cliffs Inc. $CLF

Posted by Brian Himes on Aug 11th, 2026

Cleveland-Cliffs logo Pacer Advisors Inc. reduced its stake in shares of Cleveland-Cliffs Inc. (NYSE:CLF – Free Report) by 91.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,575 shares of the mining company’s stock after selling 660,876 shares during the quarter. Pacer Advisors Inc.’s holdings in Cleveland-Cliffs were worth $554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Los Angeles Capital Management LLC acquired a new stake in shares of Cleveland-Cliffs during the 4th quarter worth approximately $25,000. Center for Financial Planning Inc. boosted its stake in Cleveland-Cliffs by 119.0% in the first quarter. Center for Financial Planning Inc. now owns 3,322 shares of the mining company’s stock valued at $28,000 after acquiring an additional 1,805 shares during the last quarter. IFP Advisors Inc grew its holdings in Cleveland-Cliffs by 117.5% during the 4th quarter. IFP Advisors Inc now owns 2,221 shares of the mining company’s stock worth $29,000 after acquiring an additional 1,200 shares during the period. Larson Financial Group LLC raised its position in shares of Cleveland-Cliffs by 819.2% during the 3rd quarter. Larson Financial Group LLC now owns 2,684 shares of the mining company’s stock valued at $33,000 after acquiring an additional 2,392 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of Cleveland-Cliffs by 306.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,461 shares of the mining company’s stock valued at $33,000 after acquiring an additional 1,855 shares during the last quarter. Institutional investors and hedge funds own 67.68% of the company’s stock.

Cleveland-Cliffs Trading Up 1.8%

CLF opened at $12.48 on Tuesday. The stock has a market capitalization of $7.12 billion, a P/E ratio of -7.70 and a beta of 2.09. Cleveland-Cliffs Inc. has a 12 month low of $7.73 and a 12 month high of $16.70. The firm’s fifty day simple moving average is $11.34 and its 200 day simple moving average is $10.91. The company has a current ratio of 1.89, a quick ratio of 0.63 and a debt-to-equity ratio of 1.32.

Cleveland-Cliffs (NYSE:CLF – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The mining company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.01. The firm had revenue of $5.23 billion for the quarter, compared to the consensus estimate of $5.15 billion. Cleveland-Cliffs had a negative return on equity of 13.37% and a negative net margin of 4.56%.The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.50) EPS. As a group, research analysts anticipate that Cleveland-Cliffs Inc. will post -0.11 EPS for the current fiscal year.

Insider Transactions at Cleveland-Cliffs

In other Cleveland-Cliffs news, EVP Celso L. Goncalves, Jr. sold 214,308 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $13.41, for a total value of $2,873,870.28. Following the sale, the executive vice president owned 184,542 shares in the company, valued at approximately $2,474,708.22. The trade was a 53.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CLF. Wells Fargo & Company restated a “positive” rating on shares of Cleveland-Cliffs in a research report on Friday, July 24th. Glj Research upgraded Cleveland-Cliffs from a “hold” rating to a “buy” rating and upped their price objective for the company from $15.01 to $15.60 in a report on Friday, July 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cleveland-Cliffs in a research note on Tuesday, July 21st. The Goldman Sachs Group restated a “neutral” rating and set a $10.00 target price on shares of Cleveland-Cliffs in a report on Friday, May 1st. Finally, Citigroup restated a “positive” rating on shares of Cleveland-Cliffs in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cleveland-Cliffs has an average rating of “Hold” and an average price target of $11.86.

View Our Latest Stock Report on Cleveland-Cliffs

About Cleveland-Cliffs

(Free Report)

Cleveland-Cliffs Inc is a leading North American producer of iron ore pellets and flat-rolled steel products. Tracing its roots to 1847, the company has evolved from an iron-ore mining concern in the Great Lakes region into a fully integrated steelmaker. Today, Cleveland-Cliffs operates iron ore mining complexes in Michigan and Minnesota as well as steelmaking and finishing facilities across the United States.

The company’s integrated platform begins with direct control of key raw materials, including iron ore and scrap, and extends through every stage of steel production.