PNC Financial Services Group Inc. Makes New Investment in USA Rare Earth Inc. $USAR

PNC Financial Services Group Inc. bought a new position in USA Rare Earth Inc. (NASDAQ:USARFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 31,220 shares of the company’s stock, valued at approximately $372,000.

Several other hedge funds have also added to or reduced their stakes in USAR. Larson Financial Group LLC boosted its holdings in USA Rare Earth by 217.5% in the fourth quarter. Larson Financial Group LLC now owns 2,092 shares of the company’s stock worth $25,000 after acquiring an additional 1,433 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in USA Rare Earth by 158.2% in the second quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock worth $25,000 after acquiring an additional 1,424 shares in the last quarter. Center for Financial Planning Inc. bought a new stake in USA Rare Earth in the fourth quarter worth $28,000. National Bank of Canada FI boosted its holdings in USA Rare Earth by 110.0% in the third quarter. National Bank of Canada FI now owns 2,100 shares of the company’s stock worth $36,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Osaic Holdings Inc. bought a new stake in USA Rare Earth in the second quarter worth $38,000.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Wall Street Zen raised USA Rare Earth from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Cantor Fitzgerald boosted their price target on USA Rare Earth from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Northland Securities started coverage on USA Rare Earth in a research note on Thursday, April 23rd. They issued an “outperform” rating and a $45.00 price target for the company. Roth Mkm set a $30.00 price target on USA Rare Earth in a research note on Monday, April 20th. Finally, Needham & Company LLC started coverage on USA Rare Earth in a research note on Monday. They issued a “buy” rating and a $39.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.00.

Get Our Latest Stock Analysis on USAR

USA Rare Earth Price Performance

USAR stock opened at $30.70 on Wednesday. USA Rare Earth Inc. has a 1-year low of $8.77 and a 1-year high of $43.98. The business has a fifty day moving average price of $21.38 and a 200-day moving average price of $18.96. The stock has a market capitalization of $6.85 billion, a P/E ratio of -7.83 and a beta of 2.33.

USA Rare Earth (NASDAQ:USARGet Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.04. The business had revenue of $5.70 million during the quarter. As a group, analysts anticipate that USA Rare Earth Inc. will post -0.33 earnings per share for the current year.

Trending Headlines about USA Rare Earth

Here are the key news stories impacting USA Rare Earth this week:

  • Positive Sentiment: USA Rare Earth announced it will invest about $1.2 billion in a new South Carolina facility, aimed at expanding domestic production of magnets, refined metals, strip-cast materials and alloys. The project is expected to create roughly 490 high-skill jobs and strengthen the company’s U.S. mine-to-magnet strategy. Reuters article
  • Positive Sentiment: Investors also reacted to the company’s broader growth plans, including an expanded commitment to France with more than €175 million in planned investment through 2030. That supports additional capacity for metal, alloy and magnet production and signals a larger global footprint. Proactive Investors article
  • Positive Sentiment: USA Rare Earth was also selected for up to $19.3 million in Department of Energy funding to advance a pilot rare earth separation facility, which could help accelerate U.S. processing capacity and improve the company’s financing outlook. Zacks article
  • Positive Sentiment: Analyst and sector commentary has also been supportive, with rare earth stocks broadly benefiting from renewed investor interest in domestic supply-chain names and defense/EV-related materials. Yahoo Finance article

USA Rare Earth Profile

(Free Report)

USA Rare Earth (NASDAQ: USAR) is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

Recommended Stories

Want to see what other hedge funds are holding USAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for USA Rare Earth Inc. (NASDAQ:USARFree Report).

Institutional Ownership by Quarter for USA Rare Earth (NASDAQ:USAR)

Receive News & Ratings for USA Rare Earth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Rare Earth and related companies with MarketBeat.com's FREE daily email newsletter.