University of Texas Texas AM Investment Management Co. Takes $1.47 Million Position in Barrick Mining Corporation $B

Posted by Brian Himes on Jun 16th, 2026

University of Texas Texas AM Investment Management Co. bought a new position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 33,672 shares of the gold and copper producer’s stock, valued at approximately $1,466,000.

Several other institutional investors and hedge funds have also modified their holdings of B. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in Barrick Mining by 6.4% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 68,853 shares of the gold and copper producer’s stock valued at $3,005,000 after purchasing an additional 4,164 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Barrick Mining by 7.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 76,486 shares of the gold and copper producer’s stock valued at $3,331,000 after buying an additional 5,051 shares during the last quarter. P Schoenfeld Asset Management LP bought a new stake in shares of Barrick Mining in the 4th quarter valued at approximately $4,355,000. Panagora Asset Management Inc. grew its stake in shares of Barrick Mining by 362.4% in the 4th quarter. Panagora Asset Management Inc. now owns 759,333 shares of the gold and copper producer’s stock valued at $33,069,000 after buying an additional 595,118 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in Barrick Mining by 17.3% in the fourth quarter. MML Investors Services LLC now owns 73,257 shares of the gold and copper producer’s stock worth $3,190,000 after buying an additional 10,819 shares during the last quarter. 90.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

B has been the topic of a number of recent analyst reports. ATB Cormark Capital Markets downgraded Barrick Mining from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. UBS Group lifted their target price on shares of Barrick Mining from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Canadian Imperial Bank of Commerce cut their target price on shares of Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings downgraded Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Finally, Barclays initiated coverage on Barrick Mining in a research report on Thursday, May 21st. They set an “equal weight” rating and a $41.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.46.

Check Out Our Latest Analysis on Barrick Mining

Barrick Mining Trading Up 4.1%

Barrick Mining stock opened at $41.85 on Tuesday. Barrick Mining Corporation has a 12 month low of $20.35 and a 12 month high of $54.69. The stock has a market cap of $69.61 billion, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 1.14 and a beta of 0.43. The business has a 50 day moving average price of $41.52 and a two-hundred day moving average price of $43.90. The company has a quick ratio of 2.44, a current ratio of 3.06 and a debt-to-equity ratio of 0.13.

Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last posted its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.18. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.75 billion. The business’s quarterly revenue was up 66.7% compared to the same quarter last year. As a group, equities analysts forecast that Barrick Mining Corporation will post 3.78 EPS for the current year.

Barrick Mining Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Barrick Mining’s dividend payout ratio is 19.34%.

About Barrick Mining

(Free Report)

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.