Iamgold Corporation $IAG Stock Position Decreased by Headlands Technologies LLC

Posted by on Sep 2nd, 2026

Headlands Technologies LLC cut its stake in shares of Iamgold Corporation (NYSE:IAG – Free Report) (TSE:IMG) by 44.0% during the second quarter, Holdings Channel reports. The firm owned 57,744 shares of the mining company’s stock after selling 45,334 shares during the quarter. Headlands Technologies LLC’s holdings in Iamgold were worth $915,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Iamgold in the 2nd quarter valued at $350,145,000. FIL Ltd lifted its stake in Iamgold by 124.0% during the fourth quarter. FIL Ltd now owns 36,367,149 shares of the mining company’s stock valued at $600,135,000 after buying an additional 20,134,496 shares in the last quarter. Donald Smith & CO. Inc. purchased a new stake in Iamgold during the second quarter valued at about $206,146,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Iamgold in the second quarter worth about $158,877,000. Finally, Bank of America Corp DE acquired a new position in shares of Iamgold in the second quarter worth about $151,716,000. 47.08% of the stock is owned by hedge funds and other institutional investors.

Iamgold Stock Performance

Shares of IAG opened at $19.27 on Wednesday. The company has a market capitalization of $11.01 billion, a PE ratio of 9.73, a PEG ratio of 1.08 and a beta of 1.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.05 and a current ratio of 1.71. The company’s 50 day moving average price is $16.81 and its 200 day moving average price is $18.05. Iamgold Corporation has a 52 week low of $9.15 and a 52 week high of $24.87.

Iamgold (NYSE:IAG – Get Free Report) (TSE:IMG) last released its earnings results on Thursday, August 6th. The mining company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.42. Iamgold had a net margin of 31.40% and a return on equity of 28.97%. The company had revenue of $845.97 million during the quarter, compared to the consensus estimate of $882.92 million. Research analysts expect that Iamgold Corporation will post 1.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on IAG. Scotiabank boosted their price target on shares of Iamgold from $22.00 to $23.00 and gave the company a “sector perform” rating in a report on Wednesday, August 12th. Royal Bank Of Canada lowered their price objective on shares of Iamgold from $22.00 to $20.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings downgraded shares of Iamgold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th. Wall Street Zen upgraded Iamgold from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, Bank of America lowered their price target on Iamgold from $22.50 to $21.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Iamgold has an average rating of “Moderate Buy” and a consensus target price of $20.00.

Get Our Latest Report on Iamgold

About Iamgold

(Free Report)

IAMGOLD Corporation, founded in 1990 and headquartered in Toronto, is a mid-tier gold producer engaged in the exploration, development and operation of gold mining assets. The company’s primary focus is on the discovery and extraction of gold, with a portfolio that spans both operating mines and advanced development projects. IAMGOLD combines in-house technical expertise with strategic partnerships to advance projects from exploration through to production.

The company’s principal producing assets include the Essakane gold mine in Burkina Faso, which began commercial production in 2010, and the Westwood underground gold mine in Quebec’s Abitibi region.

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Institutional Ownership by Quarter for Iamgold (NYSE:IAG)

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