UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Position in First Majestic Silver Corp. $AG

Posted by Geri Gentry on Sep 9th, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR) by 475,354.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,309 shares of the mining company’s stock after purchasing an additional 323,241 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.07% of First Majestic Silver worth $5,483,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AG. BlackRock Inc. bought a new stake in First Majestic Silver during the second quarter valued at about $3,515,000. Entropy Technologies LP bought a new position in shares of First Majestic Silver in the first quarter worth about $2,593,000. Pictet Asset Management Holding SA grew its position in shares of First Majestic Silver by 127.6% during the first quarter. Pictet Asset Management Holding SA now owns 182,238 shares of the mining company’s stock worth $3,905,000 after purchasing an additional 102,167 shares in the last quarter. Foundations Investment Advisors LLC grew its position in shares of First Majestic Silver by 226.0% during the fourth quarter. Foundations Investment Advisors LLC now owns 105,943 shares of the mining company’s stock worth $1,765,000 after purchasing an additional 73,443 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of First Majestic Silver by 18,702.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 58,476 shares of the mining company’s stock worth $974,000 after purchasing an additional 58,165 shares in the last quarter. Hedge funds and other institutional investors own 27.16% of the company’s stock.

First Majestic Silver Trading Down 0.9%

Shares of AG stock opened at $20.78 on Wednesday. The company has a current ratio of 2.57, a quick ratio of 2.38 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $10.24 billion, a price-to-earnings ratio of 29.27 and a beta of 1.00. First Majestic Silver Corp. has a 12-month low of $9.06 and a 12-month high of $32.03. The stock’s 50-day moving average price is $18.24 and its 200-day moving average price is $20.23.

First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last announced its quarterly earnings results on Thursday, July 30th. The mining company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.04). First Majestic Silver had a net margin of 21.18% and a return on equity of 13.36%. The firm had revenue of $415.50 million for the quarter, compared to the consensus estimate of $496.00 million. During the same period in the previous year, the company posted $0.11 earnings per share. First Majestic Silver’s quarterly revenue was up 57.3% on a year-over-year basis. Equities research analysts predict that First Majestic Silver Corp. will post 0.81 EPS for the current fiscal year.

First Majestic Silver Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 14th were paid a dividend of $0.0152 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.06 dividend on an annualized basis and a yield of 0.3%. First Majestic Silver’s dividend payout ratio is presently 8.45%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wall Street Zen cut First Majestic Silver from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Majestic Silver in a report on Wednesday, September 2nd. Scotiabank reduced their price objective on shares of First Majestic Silver from $23.00 to $22.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 14th. HC Wainwright boosted their target price on shares of First Majestic Silver from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, ATB Cormark Capital Markets upgraded shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.83.

View Our Latest Analysis on AG

First Majestic Silver 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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