AngloGold Ashanti slides as gold prices retreat and miners sell off

AngloGold Ashanti plc (AU) is down 10.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears largely macro-driven: gold prices pulled back sharply on March 3, pressuring gold equities broadly after a strong run. With AU recently trading near highs, the move also looks like an amplified “risk-off/profit-taking” reaction in a volatile tape rather than a clear company-specific negative announcement.

Details:

Gold fell meaningfully on March 3 in U.S. trading after recently hitting fresh highs, which typically compresses margins expectations for miners and triggers fast money selling in the group.

Mining and metals stocks were broadly weak in the same session, signaling a sector-wide de-risking rather than an AU-only issue.

AU had been trading close to its recent peak heading into the session, making it more vulnerable to an outsized downside move when sentiment flips.

AngloGold’s next NYSE ex-dividend date for its recently declared interim dividend is scheduled for March 13, 2026, so the size of today’s move is unlikely to be explained by a normal ex-dividend adjustment.

Sources:

Fortune, Barron’s, AngloGold Ashanti (Investor Relations), GuruFocus

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AU Hedge Fund Activity

We have seen 282 institutional investors add shares of $AU stock to their portfolio, and 208 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NINETY ONE SA (PTY) LTD added 15,960,934 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,361,148,451
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 5,047,686 shares (+406.9%) to their portfolio in Q4 2025, for an estimated $430,466,662
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,154,965 shares (-76.1%) from their portfolio in Q4 2025, for an estimated $354,335,415
FIL LTD removed 3,419,251 shares (-64.6%) from their portfolio in Q4 2025, for an estimated $291,593,725
NORGES BANK added 3,317,494 shares (+203.1%) to their portfolio in Q4 2025, for an estimated $282,915,888
FMR LLC removed 2,276,521 shares (-12.3%) from their portfolio in Q4 2025, for an estimated $194,141,710
AQR CAPITAL MANAGEMENT LLC added 2,042,357 shares (+5109.9%) to their portfolio in Q4 2025, for an estimated $174,172,204

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$AU Analyst Ratings

Wall Street analysts have issued reports on $AU in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 01/20/2026
JP Morgan issued a "Overweight" rating on 12/03/2025
Scotiabank issued a "Sector Outperform" rating on 11/12/2025

To track analyst ratings and price targets for $AU, check out Quiver Quantitative's $AU forecast page.

$AU Price Targets

Multiple analysts have issued price targets for $AU recently. We have seen 4 analysts offer price targets for $AU in the last 6 months, with a median target of $125.5.

Here are some recent targets:

Tanya Jakusconek from Scotiabank set a target price of $134.0 on 02/25/2026
Ephrem Ravi from Citigroup set a target price of $120.0 on 01/20/2026
Joe Reagor from Roth Capital set a target price of $92.0 on 12/15/2025
Patrick Jones from JP Morgan set a target price of $131.0 on 12/03/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.