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Benjamin Edwards Inc. Invests $1.21 Million in Hecla Mining Company $HL

Hecla Mining logo with Basic Materials background
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Key Points

  • Benjamin Edwards Inc. bought a new position in Hecla Mining (NYSE:HL) of 63,021 shares valued at approximately $1.21 million during Q4, according to its latest 13F filing.
  • Hecla posted record Q1 free cash flow, eliminated senior debt (now net‑cash) and announced a small quarterly dividend, but Q1 EPS of $0.24 missed consensus and the stock is facing profit‑taking and valuation scrutiny.
  • About 63% of Hecla is owned by institutional investors, with major managers like VanEck and Vanguard materially increasing positions, signaling strong institutional interest.
  • MarketBeat previews top five stocks to own in June.

Benjamin Edwards Inc. bought a new position in Hecla Mining Company (NYSE:HL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 63,021 shares of the basic materials company's stock, valued at approximately $1,209,000.

Several other institutional investors have also made changes to their positions in HL. Van ECK Associates Corp boosted its holdings in shares of Hecla Mining by 32.4% during the third quarter. Van ECK Associates Corp now owns 49,881,495 shares of the basic materials company's stock worth $603,566,000 after purchasing an additional 12,197,740 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Hecla Mining by 13.4% during the third quarter. Vanguard Group Inc. now owns 71,349,059 shares of the basic materials company's stock worth $863,324,000 after purchasing an additional 8,452,401 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hecla Mining by 38.0% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,524,912 shares of the basic materials company's stock worth $284,651,000 after purchasing an additional 6,472,566 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Hecla Mining by 577.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,808,787 shares of the basic materials company's stock worth $82,386,000 after purchasing an additional 5,804,298 shares during the period. Finally, State Street Corp boosted its holdings in shares of Hecla Mining by 14.8% during the third quarter. State Street Corp now owns 34,485,817 shares of the basic materials company's stock worth $417,278,000 after purchasing an additional 4,453,706 shares during the period. 63.01% of the stock is owned by hedge funds and other institutional investors.

Key Hecla Mining News

Here are the key news stories impacting Hecla Mining this week:

  • Positive Sentiment: Record free cash flow and debt elimination — Q1 results highlighted about $144M of free cash flow from continuing operations, roughly $588M cash on hand at quarter-end and redemption of remaining senior notes (company now net‑cash). These balance-sheet improvements and a new common-stock dividend supported bullish investor sentiment. Quiver Quant — Q1 results
  • Positive Sentiment: Earnings call emphasized operational strength — Management’s Q1 presentation/transcript reinforced cash-rich operations, portfolio changes (Casa Berardi treated as discontinued) and near-term upside from ongoing production. This supports a constructive medium-term view for bullion miners. SA — Q1 presentation
  • Positive Sentiment: ESG and community progress — The 2025 Sustainability Report highlighted safety improvements, indigenous partnerships and >$1B in local economic contributions, which can reduce stakeholder risk and improve long-term valuation perception. Yahoo — ESG report
  • Neutral Sentiment: Mixed analyst actions — Some firms (RBC) reaffirm buy ratings while others adjusted targets; HC Wainwright cut its target (from $36.50 to $26.75) but kept a buy rating, leaving divergent benchmarks for investors. TickerReport / Benzinga — HC Wainwright PT change
  • Neutral Sentiment: Sector tailwinds — Broader gold/mining upgrades (e.g., Canaccord raising gold forecasts and upgrading peers) help sentiment for precious-metal producers but are indirect for Hecla. Yahoo — Canaccord sector note
  • Negative Sentiment: Earnings/metrics missed or mixed — Reported EPS of $0.24 missed consensus (~$0.27) and some outlets flag revenue/earnings misses year-over-year, which can prompt near-term selling. Yahoo — Q1 earnings recap
  • Negative Sentiment: 10‑K risk disclosure and insider/institutional selling — TipRanks flagged heightened operational and market risk in the 2025 10‑K, and filings show sizable insider sales and large institutional trimming, both of which can pressure the stock. TipRanks — 10-K risk note
  • Negative Sentiment: Profit-taking after a large rally — The stock’s sizable one‑year gain has led some analysts and investors to take profits, contributing to today’s pullback. Yahoo — valuation / profit-taking

Hecla Mining Price Performance

NYSE HL opened at $18.07 on Friday. The company has a quick ratio of 2.22, a current ratio of 4.94 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $12.12 billion, a PE ratio of 44.07 and a beta of 1.26. The company has a 50 day moving average price of $19.47 and a two-hundred day moving average price of $19.40. Hecla Mining Company has a 12-month low of $4.68 and a 12-month high of $34.17.

Hecla Mining (NYSE:HL - Get Free Report) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.03). The business had revenue of $411.43 million during the quarter, compared to analyst estimates of $407.63 million. Hecla Mining had a net margin of 17.41% and a return on equity of 16.89%. Hecla Mining's revenue was up 57.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.04 earnings per share. As a group, equities analysts predict that Hecla Mining Company will post 0.69 earnings per share for the current fiscal year.

Hecla Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd will be paid a $0.0038 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. Hecla Mining's payout ratio is 2.04%.

Wall Street Analyst Weigh In

Several research firms recently commented on HL. BMO Capital Markets raised their price target on shares of Hecla Mining from $16.00 to $28.00 and gave the stock a "market perform" rating in a report on Tuesday, January 27th. Wall Street Zen cut shares of Hecla Mining from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 29th. Canadian Imperial Bank of Commerce raised their price target on shares of Hecla Mining from $27.00 to $32.00 and gave the stock a "neutral" rating in a report on Wednesday, January 28th. Roth Mkm set a $13.00 price target on shares of Hecla Mining in a report on Wednesday, February 18th. Finally, Canaccord Genuity Group upgraded shares of Hecla Mining from a "hold" rating to a "buy" rating and set a $24.00 price target for the company in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $22.25.

Read Our Latest Stock Report on Hecla Mining

About Hecla Mining

(Free Report)

Hecla Mining Company, founded in 1891 and headquartered in Coeur d'Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d'Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

The company's principal operations are located in North America and Latin America.

Read More

Want to see what other hedge funds are holding HL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hecla Mining Company (NYSE:HL - Free Report).

Institutional Ownership by Quarter for Hecla Mining (NYSE:HL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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