CIBC Asset Management Inc Increases Holdings in Alamos Gold Inc. $AGI

Posted by George Bondi on Jun 3rd, 2026

CIBC Asset Management Inc lifted its holdings in shares of Alamos Gold Inc. (NYSE:AGI – Free Report) (TSE:AGI) by 6.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,716,153 shares of the basic materials company’s stock after acquiring an additional 514,819 shares during the period. Alamos Gold accounts for approximately 0.8% of CIBC Asset Management Inc’s investment portfolio, making the stock its 29th biggest holding. CIBC Asset Management Inc owned approximately 2.08% of Alamos Gold worth $338,372,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Van ECK Associates Corp raised its holdings in Alamos Gold by 35.3% during the third quarter. Van ECK Associates Corp now owns 45,544,137 shares of the basic materials company’s stock worth $1,587,666,000 after purchasing an additional 11,876,324 shares in the last quarter. Norges Bank acquired a new position in shares of Alamos Gold in the 4th quarter valued at $219,475,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Alamos Gold in the 4th quarter valued at $72,410,000. Bank of America Corp DE grew its position in shares of Alamos Gold by 137.3% in the 3rd quarter. Bank of America Corp DE now owns 2,624,565 shares of the basic materials company’s stock valued at $91,492,000 after buying an additional 1,518,374 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Alamos Gold by 105.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,394,604 shares of the basic materials company’s stock valued at $64,032,000 after buying an additional 1,227,695 shares during the last quarter. Hedge funds and other institutional investors own 64.33% of the company’s stock.

Alamos Gold Stock Performance

NYSE AGI opened at $39.54 on Wednesday. The firm has a market cap of $16.61 billion, a P/E ratio of 15.75, a P/E/G ratio of 0.51 and a beta of 0.49. Alamos Gold Inc. has a 52-week low of $23.92 and a 52-week high of $55.41. The business’s 50-day moving average price is $43.11 and its 200 day moving average price is $41.96. The company has a quick ratio of 1.61, a current ratio of 2.01 and a debt-to-equity ratio of 0.05.

Alamos Gold (NYSE:AGI – Get Free Report) (TSE:AGI) last released its earnings results on Wednesday, April 29th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.54. Alamos Gold had a return on equity of 18.03% and a net margin of 51.24%.The business had revenue of $596.70 million for the quarter, compared to analyst estimates of $612.35 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 79.2% compared to the same quarter last year. On average, equities research analysts expect that Alamos Gold Inc. will post 2.46 earnings per share for the current year.

Alamos Gold Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 11th. Alamos Gold’s dividend payout ratio is currently 6.37%.

Analysts Set New Price Targets

Several equities analysts have issued reports on AGI shares. Weiss Ratings downgraded shares of Alamos Gold from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Wall Street Zen cut Alamos Gold from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 1st. Scotiabank upped their target price on Alamos Gold from $55.00 to $60.00 and gave the company a “sector outperform” rating in a research report on Friday, February 6th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Alamos Gold in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Alamos Gold has a consensus rating of “Buy” and an average target price of $50.67.

Check Out Our Latest Research Report on AGI

About Alamos Gold

(Free Report)

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.