Caprock Group LLC Buys 32,996 Shares of Pan American Silver Corp. $PAAS

Key Points

• Caprock Group LLC boosted its stake in Pan American Silver by 88.6% in Q4, adding 32,996 shares to hold 70,249 shares worth $3.64 million.
• Pan American Silver beat Q4 estimates with $1.11 EPS and $1.18 billion in revenue (up 44.7% year-over-year) and raised its quarterly dividend to $0.18 (annualized $0.72, 1.3% yield).
• Analyst coverage is mixed but generally favorable: the consensus is a "Moderate Buy" with an average price target of $56.60 amid several upgrades and downgrades from major firms.

Caprock Group LLC increased its stake in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 88.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 70,249 shares of the basic materials company's stock after acquiring an additional 32,996 shares during the period. Caprock Group LLC's holdings in Pan American Silver were worth $3,640,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of PAAS. Van ECK Associates Corp raised its holdings in Pan American Silver by 51.8% during the third quarter. Van ECK Associates Corp now owns 45,142,060 shares of the basic materials company's stock worth $1,748,355,000 after acquiring an additional 15,405,762 shares in the last quarter. First Eagle Investment Management LLC bought a new stake in Pan American Silver during the third quarter worth about $178,004,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Pan American Silver by 38.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,462,912 shares of the basic materials company's stock worth $560,149,000 after acquiring an additional 4,037,311 shares in the last quarter. Vanguard Group Inc. raised its holdings in Pan American Silver by 21.2% during the third quarter. Vanguard Group Inc. now owns 17,191,611 shares of the basic materials company's stock worth $666,192,000 after acquiring an additional 3,006,055 shares in the last quarter. Finally, North of South Capital LLP raised its holdings in Pan American Silver by 444.2% during the third quarter. North of South Capital LLP now owns 3,000,056 shares of the basic materials company's stock worth $116,192,000 after acquiring an additional 2,448,778 shares in the last quarter. Institutional investors own 55.43% of the company's stock.

Analyst Upgrades and Downgrades

PAAS has been the topic of several analyst reports. Wall Street Zen lowered Pan American Silver from a "strong-buy" rating to a "buy" rating in a report on Saturday, April 18th. Jefferies Financial Group dropped their price objective on Pan American Silver from $58.00 to $54.00 and set a "hold" rating on the stock in a research note on Wednesday, January 21st. Scotiabank upped their price objective on Pan American Silver from $47.00 to $64.00 and gave the company an "outperform" rating in a research note on Monday, January 26th. Zacks Research upgraded Pan American Silver from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 24th. Finally, Canadian Imperial Bank of Commerce set a $88.00 price objective on Pan American Silver and gave the company an "outperform" rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Pan American Silver presently has an average rating of "Moderate Buy" and a consensus price target of $56.60.

Pan American Silver Price Performance

NYSE:PAAS opened at $55.19 on Friday. The company has a quick ratio of 1.97, a current ratio of 2.69 and a debt-to-equity ratio of 0.11. The stock's 50 day moving average price is $57.56 and its two-hundred day moving average price is $50.72. The firm has a market capitalization of $23.26 billion, a price-to-earnings ratio of 22.08, a P/E/G ratio of 0.48 and a beta of 0.75. Pan American Silver Corp. has a 12-month low of $22.08 and a 12-month high of $69.99.

Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.21. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.11 billion. Pan American Silver had a return on equity of 16.38% and a net margin of 27.07%.The business's revenue for the quarter was up 44.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.35 earnings per share. On average, analysts anticipate that Pan American Silver Corp. will post 4.29 earnings per share for the current year.

Pan American Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Pan American Silver's previous quarterly dividend of $0.14. The ex-dividend date was Monday, March 2nd. Pan American Silver's dividend payout ratio is 28.80%.

More Pan American Silver News

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

• Positive Sentiment: La Colorada Skarn expansion and company transformation — Seeking Alpha highlights PAAS’s evolution into a diversified, multi‑jurisdictional precious‑metals producer with very large silver reserves, projected industry‑leading scale and negative all‑in‑sustaining costs at La Colorada Skarn, and a strong balance sheet (c.$1.3B cash, >$2B liquidity). That thesis supports higher free cash flow and leverage to silver prices. Pan American Silver: Still Room To Run With Silver Near $80
• Positive Sentiment: Revised PEA for La Colorada Skarn — Company/market coverage reports that a revised Preliminary Economic Assessment for La Colorada Skarn presents it as a potential world‑leading, low‑cost silver mine, materially improving long‑term production and cost outlook. This is a key catalyst for medium/long‑term valuation if the study's metrics hold. Pan American Silver Rethinks Long Term Mix With La Colorada Skarn PEA
• Neutral Sentiment: Recent market moves — Market writeups note the shares recently outperformed the market and closed modestly higher (reported +1.53% in those summaries), reflecting investor appetite on the project/balance‑sheet news. Pan American Silver (PAAS) Exceeds Market Returns: Some Facts to Consider Zacks: Pan American Silver Exceeds Market Returns
• Negative Sentiment: Broad analyst EPS cuts from National Bank Financial — A series of notes from National Bank Financial reduced quarterly and multi‑year EPS forecasts (multiple cuts across 2026–2030 estimates), trimming near‑term earnings expectations. That can pressure multiple/near‑term sentiment even if long‑term project optionality remains strong. MarketBeat: Pan American Silver analyst coverage and estimate changes

About Pan American Silver

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.

Want to see what other hedge funds are holding PAAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.