First Majestic Silver Corp. $AG Shares Acquired by PKO Investment Management Joint Stock Co

Key Points

• Institutional buying: PKO Investment Management increased its stake in First Majestic Silver by 50.5% in Q4 to 238,500 shares (worth about $3.99M), while large holders like VanEck now own tens of millions of shares and institutional investors collectively hold 27.16% of the stock.
• Mixed quarterly results: First Majestic beat EPS expectations (US$0.30 vs. $0.27) and reported revenue up 169.2% year‑over‑year at $463.9M, though revenue missed analyst estimates; the stock trades near $19.85 with a market cap of about $9.78B.
• Analyst sentiment and payout: The consensus rating is a "Moderate Buy" with an average price target of $25 (HC Wainwright at $30), and the company pays a very small quarterly dividend (US$0.0083, ~0.2% yield).

PKO Investment Management Joint Stock Co raised its position in shares of First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR by 50.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 238,500 shares of the mining company's stock after purchasing an additional 80,000 shares during the period. PKO Investment Management Joint Stock Co's holdings in First Majestic Silver were worth $3,986,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp raised its holdings in shares of First Majestic Silver by 32.0% during the third quarter. Van ECK Associates Corp now owns 43,225,807 shares of the mining company's stock valued at $531,234,000 after buying an additional 10,471,543 shares during the last quarter. Tidal Investments LLC grew its holdings in First Majestic Silver by 14.0% in the 3rd quarter. Tidal Investments LLC now owns 21,014,859 shares of the mining company's stock worth $258,273,000 after buying an additional 2,581,023 shares in the last quarter. Vanguard Group Inc. increased its position in First Majestic Silver by 5.2% in the 4th quarter. Vanguard Group Inc. now owns 18,995,222 shares of the mining company's stock valued at $316,914,000 after acquiring an additional 945,067 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in First Majestic Silver by 38.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,932,368 shares of the mining company's stock valued at $232,539,000 after acquiring an additional 5,265,612 shares during the period. Finally, Jupiter Asset Management Ltd. raised its stake in First Majestic Silver by 7.6% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,698,674 shares of the mining company's stock valued at $119,197,000 after acquiring an additional 685,458 shares in the last quarter. Institutional investors own 27.16% of the company's stock.

First Majestic Silver Stock Up 0.7%

Shares of AG stock opened at $19.85 on Friday. First Majestic Silver Corp. has a 1 year low of $5.49 and a 1 year high of $32.03. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.41 and a current ratio of 2.60. The business's fifty day moving average is $22.91 and its 200-day moving average is $19.07. The stock has a market cap of $9.78 billion, a PE ratio of 56.70 and a beta of 0.85.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last announced its quarterly earnings data on Thursday, February 19th. The mining company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. The business had revenue of $463.92 million during the quarter, compared to analyst estimates of $561.30 million. First Majestic Silver had a return on equity of 7.25% and a net margin of 13.12%.The company's revenue was up 169.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 earnings per share. Equities analysts expect that First Majestic Silver Corp. will post 0.72 earnings per share for the current fiscal year.

First Majestic Silver Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.0083 per share. This is a positive change from First Majestic Silver's previous quarterly dividend of $0.01. The ex-dividend date was Friday, February 27th. This represents a $0.03 annualized dividend and a dividend yield of 0.2%. First Majestic Silver's payout ratio is 8.57%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AG. HC Wainwright increased their price target on First Majestic Silver to $30.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. Scotiabank upgraded shares of First Majestic Silver to a "hold" rating in a research note on Thursday, April 23rd. Wall Street Zen raised shares of First Majestic Silver from a "buy" rating to a "strong-buy" rating in a report on Sunday, April 26th. Zacks Research lowered shares of First Majestic Silver from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 31st. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of First Majestic Silver in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, First Majestic Silver currently has a consensus rating of "Moderate Buy" and an average price target of $25.00.

About First Majestic Silver

First Majestic Silver Corp. NYSE: AG engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.

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