Gabelli Funds LLC increased its holdings in Pan American Silver Corp. (NYSE:PAAS – Free Report) (TSE:PAAS) by 10.5% in the third quarter, HoldingsChannel.com reports. The fund owned 637,400 shares of the basic materials company’s stock after acquiring an additional 60,600 shares during the period. Gabelli Funds LLC’s holdings in Pan American Silver were worth $24,687,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the stock. Rothschild Investment LLC purchased a new position in Pan American Silver during the 3rd quarter valued at $36,000. City State Bank lifted its position in shares of Pan American Silver by 74.4% in the 3rd quarter. City State Bank now owns 1,020 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 435 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Pan American Silver by 93.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 497 shares during the period. Assetmark Inc. boosted its stake in shares of Pan American Silver by 3,111.4% during the 3rd quarter. Assetmark Inc. now owns 1,124 shares of the basic materials company’s stock valued at $44,000 after purchasing an additional 1,089 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in shares of Pan American Silver during the 3rd quarter valued at about $58,000. Institutional investors own 55.43% of the company’s stock.
Pan American Silver Stock Down 0.5%
Shares of Pan American Silver stock opened at $59.65 on Friday. Pan American Silver Corp. has a 1 year low of $20.55 and a 1 year high of $69.99. The firm has a market cap of $25.16 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 0.55 and a beta of 0.62. The company has a 50-day moving average of $58.44 and a 200 day moving average of $46.14. 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 Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Pan American Silver’s previous quarterly dividend of $0.14. Pan American Silver’s payout ratio is presently 28.80%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on PAAS shares. Scotiabank increased their price target on shares of Pan American Silver from $47.00 to $64.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Wall Street Zen raised Pan American Silver from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Pan American Silver in a report on Monday, December 29th. Canadian Imperial Bank of Commerce set a $88.00 target price on Pan American Silver and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group lowered their target price on Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $56.60.
Get Our Latest Stock Report on PAAS
Key Headlines Impacting Pan American Silver
Here are the key news stories impacting Pan American Silver this week:
- Positive Sentiment: Major exploration success at La Colorada — Pan American announced discovery drilling that identified at least four new high‑grade veins between the Cristina and San Gerónimo systems, expanding silver, gold and base‑metal potential and supporting phased underground development options that could extend mine life and add future resources. Pan American Silver Discovers New High-Grade Veins at the La Colorada Mine
- Positive Sentiment: Strong 2025 results and cash generation — Pan American reported record 2025 earnings and free cash flow driven by higher metal prices and production, which improves balance‑sheet flexibility and underpins the company’s increased dividend. That financial strength supports capital allocation for exploration and growth. Pan American Silver (PAAS) Posts Record 2025 Earnings and Free Cash Flow on Strong Metal Prices
- Positive Sentiment: Share‑support actions — The company announced renewal of its Normal Course Issuer Bid (buyback) alongside the dividend increase, which is a shareholder‑friendly use of cash that can help support the share price over time. Pan American Silver Announces Renewal of Normal Course Issuer Bid
- Neutral Sentiment: Analyst/valuation reviews — Coverage is mixed: the stock’s strong year‑to‑date rally has prompted valuation checks and discussion about upside to ~US$70 levels, meaning upside is being actively debated even as fundamentals improve. Monitor revisions to consensus estimates as the company converts La Colorada exploration into formal resource updates. Is Pan American Silver Going to $70?
- Negative Sentiment: Near‑term profit‑taking / volatility — After the strong earnings and exploration headlines, some outlets noted a pullback/short‑term selloff as traders lock in gains, creating intraday volatility despite the positive operational news. This suggests momentum traders may be tempering exposure while longer‑term investors assess reserve upgrades and the timing of any production extensions. Pan American Silver (TSX:PAAS) Is Down 6.0% After Record 2025 Earnings And Dividend Hike – Has The Bull Case Changed?
Pan American Silver Company 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.
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