Lpl Financial 13F: Adds $3.8M to Barrick Mining (B) Stake

LPL Financial has boosted its stake in Barrick Mining Corporation (NYSE:B), increasing its holdings by 12.6%. The firm added 94,113 shares, bringing its total to 840,918 shares valued at approximately $35.18 million, according to its latest Form 13F filing with the SEC for the reporting period.

What Changed in LPL Financial's Barrick Mining Position

LPL Financial's recent move to increase its stake in Barrick Mining Corporation involved adding 94,113 shares to its portfolio. This represents a 12.6% increase from its previous holding of 746,805 shares, culminating in a total of 840,918 shares. The value of these holdings now stands at around $35.18 million.

Other Institutional Activity in Barrick Mining

Other institutional investors have also been active in Barrick Mining. Van Eck Associates Corp expanded its position by 11,495,209 shares, bringing its total to 66,918,449 shares valued at about $2.73 billion. Meanwhile, Capital International Investors reduced its holdings by 19,363,842 shares, now holding 64,309,836 shares worth approximately $2.61 billion. BlackRock, Inc. trimmed its stake by 949,446 shares, ending with 55,928,487 shares valued at $2.28 billion. Arrowstreet Capital decreased its position slightly by 410,689 shares, now holding 47,425,025 shares worth roughly $1.94 billion. On the other hand, Royal Bank of Canada increased its holdings by 3,931,841 shares, reaching a total of 39,598,520 shares valued at $1.62 billion.

Barrick Mining Corporation Stock Down 0.5%

Shares of Barrick Mining Corporation (NYSE:B) traded near $41.83. The company has a market capitalization of approximately $70.26 billion and a P/E ratio of 11.6. Its forward P/E is 9.1, with a beta of 1.065. The stock's 52-week low is $20.35, and its high is $54.69. Barrick's 50-day moving average is $41.41, and its 200-day moving average is $40.35. The company maintains a current ratio of 3.064 and a quick ratio of 2.266, with a debt-to-equity ratio of 12.852.

Recent Earnings

Barrick Mining reported revenue of $19.04 billion, showing a growth rate of 0.67%. The company's net margin stands at 32.14%, with a return on equity of 25.18%. Earnings per share (EPS) is reported at $3.62. The next earnings report is expected on August 11, 2026.

Dividend

Barrick Mining Corporation offers a dividend rate of $0.70 per share, yielding 1.67%. The dividend payout ratio is 23.34%.

Analysts Set New Price Targets

On May 22, 2026, Barclays initiated coverage on Barrick Mining with a 'hold' rating and a $41 price target. UBS maintained its 'buy' rating with a $54 target on May 12, 2026. CIBC also maintained a 'buy' rating with a $63 target on April 21, 2026. The consensus recommendation is a 'buy', with an average target price of $56.43 among 16 analysts.

About Barrick Mining Corporation

Barrick Mining Corporation is a leading player in the basic materials sector, primarily focusing on gold mining. The company, headquartered in Toronto, Canada, is involved in the exploration, development, production, and sale of mineral properties. It seeks out gold, copper, silver, and energy materials. Barrick, originally known as Barrick Gold Corporation, rebranded in May 2025. Under the leadership of CEO Mr. Mark F. Hill, the company continues to expand its global footprint.

Bottom Line

LPL Financial's increased investment in Barrick Mining Corporation signals confidence in the company's prospects. As a major player in the gold mining industry, Barrick's performance and strategic moves are closely watched by investors. The latest 13F filing reflects holdings as of the reporting period and may not represent the investor's current position. Analysts' ratings and institutional activity provide further insights into market sentiment towards Barrick.