Harmony Gold Mining Company Limited $HMY Shares Bought by Barometer Capital Management Inc.

Barometer Capital Management Inc. raised its stake in Harmony Gold Mining Company Limited (NYSE:HMY) by 58.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,519 shares of the mining company’s stock after buying an additional 45,200 shares during the period. Barometer Capital Management Inc.’s holdings in Harmony Gold Mining were worth $2,213,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in shares of Harmony Gold Mining by 215.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,571,374 shares of the mining company’s stock worth $82,289,000 after acquiring an additional 3,806,468 shares during the period. Invesco Ltd. boosted its position in Harmony Gold Mining by 12,337.7% during the second quarter. Invesco Ltd. now owns 4,795,844 shares of the mining company’s stock worth $66,998,000 after purchasing an additional 4,757,285 shares in the last quarter. AQR Capital Management LLC boosted its position in Harmony Gold Mining by 286.6% during the second quarter. AQR Capital Management LLC now owns 3,961,141 shares of the mining company’s stock worth $54,248,000 after purchasing an additional 2,936,552 shares in the last quarter. Amundi grew its holdings in Harmony Gold Mining by 12.1% in the second quarter. Amundi now owns 2,369,973 shares of the mining company’s stock valued at $33,796,000 after purchasing an additional 256,562 shares during the last quarter. Finally, Man Group plc increased its position in shares of Harmony Gold Mining by 1,801.7% in the second quarter. Man Group plc now owns 1,985,093 shares of the mining company’s stock valued at $27,732,000 after buying an additional 1,880,708 shares in the last quarter. Hedge funds and other institutional investors own 31.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HMY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Harmony Gold Mining in a research note on Thursday, January 22nd. Zacks Research downgraded shares of Harmony Gold Mining from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. Finally, Wall Street Zen raised shares of Harmony Gold Mining from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Harmony Gold Mining currently has an average rating of “Moderate Buy” and an average target price of $16.00.

Harmony Gold Mining Trading Down 11.1%

Shares of HMY stock opened at $16.85 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.41. The firm has a 50-day moving average price of $21.30 and a 200 day moving average price of $19.01. Harmony Gold Mining Company Limited has a twelve month low of $11.67 and a twelve month high of $26.06.

Key Harmony Gold Mining News

Here are the key news stories impacting Harmony Gold Mining this week:

• Positive Sentiment: Q2 results showed solid top‑ and bottom‑line growth — revenue ~$1.10B (+12% YoY), gross and operating profit rose sharply, net income and diluted EPS were up ~41% and ~39% respectively, and operating cash flow strengthened materially; these operational improvements support earnings momentum. Harmony Gold Q2 2026 Earnings (Quiver)
• Positive Sentiment: The company doubled its interim dividend and cited copper expansion plus stronger gold prices as drivers of H1FY26 earnings — a direct cash-return signal and commodity tailwinds that can support the share price over time. Dividend and copper expansion (TipRanks)
• Positive Sentiment: Short interest fell ~19% in February to about 4.99M shares (0.9% of float), reducing potential short‑covering risk and removing some downward pressure on the stock. (internal short‑interest report)
• Neutral Sentiment: Management hosted the Q2 earnings call and published the investor presentation and transcript — useful for guidance details, cost outlook and capex plans that will determine near‑term investor conviction. Earnings Call Transcript (Seeking Alpha) Earnings Presentation (Seeking Alpha)
• Neutral Sentiment: At least one broker (HSBC) maintains a Buy rating, offering some analyst support but limited coverage change so far. (Quiver quantitative summary)
• Negative Sentiment: Balance‑sheet items and investor exits are a concern: Quiver reports total liabilities rose ~211% YoY and cash declined modestly YoY, while several large institutional managers reduced positions materially — these factors raise questions on leverage, liquidity and potential supply pressure from selling. Liabilities and institutional moves (Quiver)

Harmony Gold Mining Profile

Harmony Gold Mining Company Limited is a South Africa–based precious metals producer primarily engaged in the exploration, mining and processing of gold. The company operates a portfolio of underground and surface mining operations, targeting both reef-hosted and alluvial deposits. In addition to gold, Harmony’s activities encompass the extraction of copper as a byproduct at its Papua New Guinea operations.

In South Africa, Harmony’s mining footprint includes deep-level underground operations in the Witwatersrand Basin, where it employs a combination of conventional and mechanized mining methods.