Pan American Silver Corp. $PAAS Position Increased by Picton Mahoney Asset Management

Picton Mahoney Asset Management increased its stake in shares of Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 84.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 34,257 shares of the basic materials company’s stock after acquiring an additional 15,720 shares during the period. Picton Mahoney Asset Management’s holdings in Pan American Silver were worth $1,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in PAAS. Vanguard Group Inc. lifted its stake in Pan American Silver by 21.2% in the third quarter. Vanguard Group Inc. now owns 17,191,611 shares of the basic materials company’s stock valued at $666,192,000 after buying an additional 3,006,055 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Pan American Silver by 15.5% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,425,601 shares of the basic materials company’s stock worth $296,087,000 after acquiring an additional 1,396,360 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Pan American Silver by 49.5% in the 2nd quarter. Invesco Ltd. now owns 9,016,262 shares of the basic materials company’s stock worth $256,062,000 after acquiring an additional 2,986,434 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Pan American Silver by 5,674.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,141,108 shares of the basic materials company’s stock valued at $174,406,000 after purchasing an additional 6,034,755 shares during the last quarter. Finally, Norges Bank acquired a new position in Pan American Silver during the 2nd quarter valued at about $155,281,000. 55.43% of the stock is owned by institutional investors and hedge funds.

Pan American Silver Price Performance

NYSE PAAS opened at $59.91 on Friday. Pan American Silver Corp. has a 12 month low of $20.55 and a 12 month high of $69.99. The firm has a market capitalization of $25.27 billion, a PE ratio of 23.96, a P/E/G ratio of 0.57 and a beta of 0.62. The company’s 50 day simple moving average is $58.36 and its 200 day simple moving average is $45.84. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.69 and a quick ratio of 1.97.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last issued its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.21. Pan American Silver had a return on equity of 16.38% and a net margin of 27.07%.The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company posted $0.35 EPS. The firm’s quarterly revenue was up 44.7% on a year-over-year basis. As a group, equities research analysts forecast that Pan American Silver Corp. will post 1.26 EPS for the current fiscal year.

Pan American Silver Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be paid a dividend of $0.18 per share. This is an increase from Pan American Silver’s previous quarterly dividend of $0.14. This represents a $0.72 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. Pan American Silver’s dividend payout ratio (DPR) is 28.80%.

Key Stories Impacting Pan American Silver

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: New high‑grade discoveries at La Colorada: Pan American reported exploration drilling that identified at least four new veins (wide, high‑grade silver/gold intercepts) between the Cristina and San Gerónimo systems — a clear resource and mine-life upside for its largest silver complex. Read More.
• Positive Sentiment: Operational and financial strength: The company posted record 2025 earnings and free cash flow, driven by strong metal prices and higher production (including Juanicipio contributions), supporting durability of cash generation and capital return capacity. Read More.
• Positive Sentiment: Shareholder returns boosted: Pan American renewed a normal-course issuer bid to repurchase up to 5% of its shares and declared a higher quarterly cash dividend (US$0.18), signaling management confidence and returning excess cash to shareholders. Read More.
• Neutral Sentiment: Analyst/market attention on price target narratives: Commentary and retail interest (e.g., “Is PAAS going to $70?”) have amplified trading volume and expectations — helpful for liquidity but raising sensitivity to near‑term news. Read More.
• Negative Sentiment: Near‑term profit‑taking and valuation pressure: After a >30% YTD run, some analysts and traders flagged richer valuations and the stock has experienced short-term pullbacks (one-day and week volatility), which likely explain today’s decline despite the positive operational and cash‑return news. Read More.

Wall Street Analyst Weigh In

PAAS has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. Scotiabank increased their price objective on Pan American Silver from $47.00 to $64.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Wall Street Zen upgraded Pan American Silver from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 22nd. Bank of America boosted their price target on Pan American Silver from $46.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, December 1st. Finally, Canadian Imperial Bank of Commerce set a $88.00 price target on Pan American Silver and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $56.60.

Pan American Silver Profile

Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.

With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.