Teachers Retirement System of The State of Kentucky Increases Stock Holdings in Kinross Gold Corporation $KGC

Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 11.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 270,440 shares of the mining company’s stock after acquiring an additional 28,500 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Kinross Gold were worth $6,720,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in KGC. Caitlin John LLC purchased a new stake in shares of Kinross Gold during the third quarter worth about $26,000. GPS Wealth Strategies Group LLC acquired a new position in Kinross Gold in the 3rd quarter valued at $29,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Kinross Gold in the 3rd quarter valued at $31,000. Armstrong Advisory Group Inc. lifted its stake in shares of Kinross Gold by 95.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,467 shares of the mining company’s stock worth $36,000 after purchasing an additional 717 shares during the period. Finally, Hollencrest Capital Management acquired a new stake in shares of Kinross Gold during the third quarter worth $40,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KGC has been the subject of several analyst reports. Desjardins started coverage on Kinross Gold in a research note on Friday, November 28th. They issued a “buy” rating for the company. Wall Street Zen cut shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Monday. TD Securities cut their target price on Kinross Gold from $43.00 to $42.00 and set a “buy” rating on the stock in a research report on Tuesday. Canadian Imperial Bank of Commerce set a $54.00 target price on Kinross Gold in a report on Wednesday, February 4th. Finally, UBS Group set a $43.00 price objective on Kinross Gold in a report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.31.

More Kinross Gold News

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

• Positive Sentiment: Zacks Research substantially raised near‑term and multi‑year EPS forecasts across most quarters and lifted FY2026 and FY2027 estimates (e.g., FY2026 to $2.55 and FY2027 to $2.49), signaling improved earnings outlook that supports higher valuation and future cash generation. (Zacks reports released March 2)
• Positive Sentiment: Company financial strength: reporting referenced as “dividend increase and record cash flow” highlights stronger free cash flow and a higher payout, which are typically positive for investor returns and dividend reliability. Dividend & cash flow article
• Positive Sentiment: Operational / risk management step: Kinross Brazil selected ISNetworld to standardize contractor management, which may reduce safety/regulatory risk and administrative costs at Brazilian operations. ISNetworld announcement
• Neutral Sentiment: Consensus / analyst mix: aggregate analyst coverage remains constructive (average “Moderate Buy”), indicating market views are generally favorable despite mixed notes. Analyst consensus article
• Negative Sentiment: TD Securities trimmed its price target from $43 to $42 (still a buy), and that note coincided with near‑term selling pressure — coverage of the target cut led to an intraday drop and is the most direct driver of today’s share decline. TD Securities downgrade coverage BayStreet note on PT change

Kinross Gold Price Performance

KGC stock opened at $33.79 on Wednesday. The stock’s 50 day moving average is $33.23 and its two-hundred day moving average is $27.54. Kinross Gold Corporation has a 52-week low of $10.42 and a 52-week high of $39.11. The company has a market capitalization of $40.54 billion, a PE ratio of 17.24, a P/E/G ratio of 1.85 and a beta of 0.73. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.08.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its quarterly earnings results on Wednesday, February 18th. The mining company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.05 billion. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The business’s revenue was up 42.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share. Analysts predict that Kinross Gold Corporation will post 0.81 earnings per share for the current fiscal year.

Kinross Gold Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be issued a $0.04 dividend. This is a positive change from Kinross Gold’s previous quarterly dividend of $0.04. The ex-dividend date is Wednesday, March 11th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. Kinross Gold’s dividend payout ratio (DPR) is presently 7.14%.

Kinross Gold Company Profile

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.