Pictet Asset Management Holding SA Purchases 88,508 Shares of Eldorado Gold Corporation $EGO

04 May 2026, 05:37 by Amy Steele · The Cerbat Gem

Pictet Asset Management Holding SA lifted its position in Eldorado Gold Corporation (NYSE:EGO – Free Report) (TSE:ELD) by 255.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,176 shares of the basic materials company’s stock after buying an additional 88,508 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Eldorado Gold were worth $4,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Linden Thomas Advisory Services LLC grew its stake in Eldorado Gold by 4.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 7,896 shares of the basic materials company’s stock valued at $284,000 after buying an additional 318 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Eldorado Gold by 0.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 63,081 shares of the basic materials company’s stock worth $1,794,000 after acquiring an additional 582 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Eldorado Gold by 10.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 9,406 shares of the basic materials company’s stock worth $272,000 after acquiring an additional 908 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Eldorado Gold during the fourth quarter valued at about $36,000. Finally, Aventura Private Wealth LLC bought a new stake in Eldorado Gold during the fourth quarter valued at about $36,000. 69.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on EGO shares. TD Cowen dropped their price objective on Eldorado Gold from $45.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada downgraded Eldorado Gold from an “outperform” rating to a “sector perform” rating and set a $48.00 target price for the company. in a research note on Tuesday, February 17th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Eldorado Gold in a report on Wednesday, April 15th. Scotiabank dropped their price target on Eldorado Gold from $58.00 to $56.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 21st. Finally, Canaccord Genuity Group lowered Eldorado Gold from a “buy” rating to a “hold” rating in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Eldorado Gold has a consensus rating of “Hold” and a consensus price target of $42.00.

Get Our Latest Report on EGO

Eldorado Gold Stock Performance

NYSE:EGO opened at $29.71 on Monday. The firm’s 50-day moving average is $36.62 and its 200-day moving average is $35.58. Eldorado Gold Corporation has a 52-week low of $17.18 and a 52-week high of $51.16. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.46 and a current ratio of 1.83. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 10.57, a PEG ratio of 0.17 and a beta of 0.56.

Eldorado Gold (NYSE:EGO – Get Free Report) (TSE:ELD) last released its earnings results on Thursday, April 30th. The basic materials company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.26. Eldorado Gold had a net margin of 28.62% and a return on equity of 11.72%. The business had revenue of $532.43 million during the quarter, compared to analysts’ expectations of $503.31 million. Equities research analysts anticipate that Eldorado Gold Corporation will post 4.36 earnings per share for the current year.

Eldorado Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a $0.075 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $0.30 annualized dividend and a yield of 1.0%. Eldorado Gold’s dividend payout ratio is 12.10%.

Key Headlines Impacting Eldorado Gold

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

Positive Sentiment: Q1 results beat estimates — Eldorado delivered stronger-than-expected first-quarter revenue and EPS, with materially higher margins and operating profit year-over-year, which supports the company’s operating momentum. Q1 Press Release
Positive Sentiment: Analysts and peers highlight capital returns — Bank of America noted Eldorado (alongside Agnico Eagle) beat Q1 expectations and emphasized capital returns as a standout, supporting investor confidence in management’s cash allocation. Agnico Eagle, Eldorado Gold post Q1 earnings beat
Positive Sentiment: Dividend declared — Eldorado declared a quarterly dividend (record date June 2; payable June 16), providing a modest yield and a signal of confidence in recurring cash generation (annualized yield ~1.0%).
Neutral Sentiment: Corporate update on operations — The company’s GlobeNewswire press release outlined Q1 operational results and progress at Skouries (advancing toward first concentrate production), useful for medium-term production visibility but not immediately price-driving on its own. Press Release
Neutral Sentiment: Mixed broker consensus — Aggregated broker views still show a consensus “Hold,” indicating the market remains split despite the beat. Consensus Rating
Negative Sentiment: Heavy capex and weaker cash position — Q1 capex spiked (nearly double year-over-year) and cash balances declined materially while total liabilities rose, which raises funding and free-cash-flow concerns as Eldorado advances projects. Q1 Financials & Capex
Negative Sentiment: Analyst downgrade — Zacks cut its rating from “Hold” to “Strong Sell,” which likely pressured the stock amid heightened volume and may have amplified short-term selling. Zacks

Eldorado Gold Company Profile

(Free Report)

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.