Legal & General Group Plc Sells 458,814 Shares of First Majestic Silver Corp. $AG

Posted by Geri Gentry on Jun 7th, 2026

Legal & General Group Plc trimmed its stake in First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR) by 51.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 431,594 shares of the mining company’s stock after selling 458,814 shares during the period. Legal & General Group Plc owned approximately 0.09% of First Majestic Silver worth $7,210,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AG. Lodestone Wealth Management LLC bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $25,000. Spire Wealth Management bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $35,000. Aventura Private Wealth LLC bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $42,000. Trust Co. of Vermont bought a new stake in shares of First Majestic Silver in the 4th quarter valued at approximately $43,000. Finally, Quarry LP bought a new stake in shares of First Majestic Silver in the 3rd quarter valued at approximately $57,000. 27.16% of the stock is owned by institutional investors.

First Majestic Silver Price Performance

Shares of AG stock opened at $16.98 on Friday. First Majestic Silver Corp. has a 52-week low of $7.74 and a 52-week high of $32.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.73. The firm has a market capitalization of $8.38 billion, a P/E ratio of 28.29 and a beta of 0.86. The stock has a 50 day moving average price of $20.71 and a 200 day moving average price of $20.41.

First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last issued its quarterly earnings results on Tuesday, May 12th. The mining company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The business had revenue of $476.67 million for the quarter, compared to the consensus estimate of $522.00 million. First Majestic Silver had a return on equity of 11.19% and a net margin of 19.51%.First Majestic Silver’s revenue was up 95.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.05 earnings per share. As a group, sell-side analysts predict that First Majestic Silver Corp. will post 0.74 earnings per share for the current year.

First Majestic Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 20th were given a dividend of $0.0171 per share. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.07 dividend on an annualized basis and a yield of 0.4%. First Majestic Silver’s dividend payout ratio is presently 11.67%.

Analysts Set New Price Targets

AG has been the subject of a number of research analyst reports. Scotiabank raised First Majestic Silver to a “hold” rating in a research note on Thursday, April 23rd. BMO Capital Markets raised First Majestic Silver from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 24th. Zacks Research lowered First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. HC Wainwright raised their price target on First Majestic Silver to $30.75 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings raised First Majestic Silver from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.25.

View Our Latest Report on AG

First Majestic Silver Company Profile

(Free Report)

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.

Institutional Ownership by Quarter for First Majestic Silver (NYSE:AG)

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