Y Intercept Hong Kong Ltd Buys New Stake in First Majestic Silver Corp. $AG

Posted by on Jul 4th, 2026

Y Intercept Hong Kong Ltd purchased a new stake in First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR) during the first quarter, according to its most recent filing with the SEC. The fund purchased 411,256 shares of the mining company’s stock, valued at approximately $8,834,000. Y Intercept Hong Kong Ltd owned about 0.08% of First Majestic Silver as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Leonteq Securities AG boosted its holdings in shares of First Majestic Silver by 286.6% during the 1st quarter. Leonteq Securities AG now owns 30,863 shares of the mining company’s stock valued at $663,000 after purchasing an additional 22,880 shares during the last quarter. Harbor Investment Advisory LLC bought a new stake in shares of First Majestic Silver in the first quarter worth about $32,000. Louisbourg Investments Inc. bought a new stake in shares of First Majestic Silver in the first quarter worth about $5,982,000. Pictet Asset Management Holding SA lifted its position in shares of First Majestic Silver by 127.6% in the first quarter. Pictet Asset Management Holding SA now owns 182,238 shares of the mining company’s stock worth $3,905,000 after buying an additional 102,167 shares in the last quarter. Finally, RFG Advisory LLC lifted its position in shares of First Majestic Silver by 21.6% in the first quarter. RFG Advisory LLC now owns 147,127 shares of the mining company’s stock worth $3,160,000 after buying an additional 26,101 shares in the last quarter. Hedge funds and other institutional investors own 27.16% of the company’s stock.

First Majestic Silver Trading Down 0.1%

Shares of NYSE AG opened at $17.80 on Friday. First Majestic Silver Corp. has a 1-year low of $7.74 and a 1-year high of $32.03. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.73 and a quick ratio of 2.54. The business’s 50 day moving average is $19.24 and its two-hundred day moving average is $20.88. The stock has a market capitalization of $8.78 billion, a P/E ratio of 29.67 and a beta of 0.91.

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

First Majestic Silver Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Wednesday, May 20th were issued a dividend of $0.0171 per share. This represents a $0.07 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, May 20th. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.01. First Majestic Silver’s payout ratio is currently 11.67%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AG shares. Wall Street Zen cut First Majestic Silver from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings cut First Majestic Silver from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. HC Wainwright increased their target price on First Majestic Silver to $30.75 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Scotiabank raised shares of First Majestic Silver to a “hold” rating in a report on Thursday, April 23rd. Finally, Zacks Research cut shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $25.25.

View Our Latest Analysis on First Majestic Silver

About First Majestic Silver

(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.

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

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