Northwestern Mutual Wealth Management Co. Makes New $5.33 Million Investment in Kinross Gold Corporation $KGC

Northwestern Mutual Wealth Management Co. bought a new position in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) during the second quarter, Holdings Channel.com reports. The firm bought 225,861 shares of the mining company’s stock, valued at approximately $5,335,000.

Other hedge funds have also modified their holdings of the company. Virtus Advisers LLC acquired a new stake in shares of Kinross Gold in the third quarter valued at approximately $28,000. Ascentis Independent Advisors acquired a new position in Kinross Gold during the 1st quarter worth $29,000. Harvest Fund Management Co. Ltd lifted its holdings in Kinross Gold by 85.2% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock worth $32,000 after buying an additional 589 shares in the last quarter. Brown Brothers Harriman & Co. bought a new position in Kinross Gold in the 3rd quarter valued at $38,000. Finally, Manchester Capital Management LLC bought a new position in Kinross Gold in the 4th quarter valued at $40,000. 63.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

KGC has been the subject of a number of recent research reports. Royal Bank Of Canada dropped their target price on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Scotiabank lowered their price objective on Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Zacks Research cut Kinross Gold from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. Finally, UBS Group reduced their target price on shares of Kinross Gold from $38.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.43.

Kinross Gold Stock Up 0.1%

Kinross Gold stock opened at $32.78 on Monday. The firm has a market capitalization of $38.88 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 0.88 and a beta of 0.78. The company’s 50 day simple moving average is $25.25 and its 200 day simple moving average is $29.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.95. Kinross Gold Corporation has a fifty-two week low of $19.19 and a fifty-two week high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its earnings results on Wednesday, July 29th. The mining company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.24 billion. Kinross Gold had a net margin of 37.52% and a return on equity of 34.00%. The business’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 earnings per share. As a group, sell-side analysts anticipate that Kinross Gold Corporation will post 2.61 EPS for the current year.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. Kinross Gold’s payout ratio is 6.06%.

Key Headlines Impacting Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Gold prices remain a key catalyst for Kinross, because higher bullion prices can improve realized revenue, margins and free cash flow for the gold producer. This keeps KGC in focus as investors assess the outlook for precious-metals prices. What Puts Kinross Gold in Focus as Gold Prices Move?
• Neutral Sentiment: Investors are also monitoring Kinross’s cost outlook. Production costs are especially important if gold prices retreat, as higher costs could compress margins; the latest coverage focuses on this key profitability signal. What Is the Key Cost Signal for Kinross Gold?
• Negative Sentiment: Zacks Research lowered EPS forecasts across multiple periods and maintained a “Strong Sell” rating. Estimates fell for Q3 2026 to $0.57 from $0.76, FY2026 to $2.63 from $2.79, FY2027 to $2.48 from $2.83 and FY2028 to $2.36 from $2.78. Forecasts for several 2027 quarters were also reduced. Although Q4 2026 EPS was raised modestly to $0.64 from $0.62, the broader revisions imply weaker expected earnings growth and may pressure the shares.

About Kinross Gold

Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.

Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.