Jupiter Asset Management Ltd. Has $119.20 Million Position in First Majestic Silver Corp. $AG

Jupiter Asset Management Ltd. grew its position in First Majestic Silver Corp. (NYSE:AG) (TSE:FR) by 7.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,698,674 shares of the mining company’s stock after purchasing an additional 685,458 shares during the period. First Majestic Silver comprises approximately 1.0% of Jupiter Asset Management Ltd.’s holdings, making the stock its 16th biggest holding. Jupiter Asset Management Ltd.’s holdings in First Majestic Silver were worth $119,197,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in AG. Teacher Retirement System of Texas bought a new position in First Majestic Silver in the 3rd quarter valued at $55,071,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. grew its holdings in shares of First Majestic Silver by 120.8% during the third quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 93,600 shares of the mining company’s stock worth $1,150,000 after purchasing an additional 51,200 shares during the last quarter. FORA Capital LLC increased its stake in shares of First Majestic Silver by 1,216.2% in the second quarter. FORA Capital LLC now owns 340,695 shares of the mining company’s stock valued at $2,818,000 after buying an additional 314,811 shares in the last quarter. Alps Advisors Inc. raised its holdings in shares of First Majestic Silver by 108.7% in the third quarter. Alps Advisors Inc. now owns 7,203,207 shares of the mining company’s stock valued at $88,527,000 after buying an additional 3,751,376 shares during the last quarter. Finally, Caprock Group LLC acquired a new position in First Majestic Silver during the 3rd quarter worth about $1,045,000. Institutional investors own 27.16% of the company’s stock.

First Majestic Silver Stock Performance

AG stock opened at $24.79 on Friday. First Majestic Silver Corp. has a 1-year low of $5.09 and a 1-year high of $27.90. The company has a current ratio of 3.38, a quick ratio of 2.96 and a debt-to-equity ratio of 0.07. The firm has a market cap of $12.22 billion, a PE ratio of 177.07 and a beta of 0.85. The business’s 50-day moving average price is $20.28 and its two-hundred day moving average price is $14.62.

First Majestic Silver (NYSE:AG) (TSE:FR) last released its quarterly earnings results on Thursday, February 19th. The mining company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. First Majestic Silver had a return on equity of 3.14% and a net margin of 7.07%.The company had revenue of $463.92 million for the quarter, compared to analyst estimates of $561.30 million. During the same quarter last year, the firm posted $0.03 earnings per share. First Majestic Silver’s revenue was up 169.2% compared to the same quarter last year. As a group, research analysts forecast that First Majestic Silver Corp. will post 0.54 earnings per share for the current year.

First Majestic Silver Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a $0.0083 dividend. The ex-dividend date of this dividend is Friday, February 27th. This is an increase from First Majestic Silver’s previous quarterly dividend of $0.01. This represents a $0.03 dividend on an annualized basis and a yield of 0.1%. First Majestic Silver’s payout ratio is presently 14.29%.

Trending Headlines about First Majestic Silver

Here are the key news stories impacting First Majestic Silver this week:

• Positive Sentiment: Q4 EPS beat and return to profitability — First Majestic reported $0.30 EPS vs. consensus $0.27 and said it swung to profitability for 2025 (revenues were up strongly year-over-year), a primary driver of investor enthusiasm. First Majestic Q4 earnings (MarketBeat)
• Positive Sentiment: Dividend increase — The company raised its quarterly dividend ~59.6% to $0.0083/share (annualized yield ~0.1%), signaling stronger cash flow and returning capital to shareholders. The higher payout likely supported buying interest. Press release: Q4 results & dividend (Newsfile)
• Positive Sentiment: Market reaction — Reports show the stock rallied strongly on the news (coverage cited intraday moves ~9%), reflecting investor focus on the EPS beat and dividend news. First Majestic climbs on return to profitability (InsiderMonkey)
• Neutral Sentiment: Investor materials available — Management filed the audited financial statements, MD&A, slide deck and conference-call materials (useful for digging into production, costs and outlook but not an immediate market mover). Q4 slide deck and press release
• Negative Sentiment: Revenue missed analyst estimates — Q4 revenue was $463.9M vs. consensus ~$561.3M, which could concern investors focused on top-line trends and commodity price/volume sensitivity. Earnings details (MarketBeat)
• Negative Sentiment: Lower-than-average intraday liquidity noted — Some coverage flagged trading volume below long-term averages during the move, which can amplify price swings and increase volatility risk. Shares up after earnings (DefenseWorld)

Analysts Set New Price Targets

AG has been the subject of several research reports. Wall Street Zen cut shares of First Majestic Silver from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Cormark upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating in a report on Thursday, November 6th. Scotiabank boosted their price objective on First Majestic Silver from $12.50 to $23.00 and gave the stock a “sector perform” rating in a report on Monday, January 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of First Majestic Silver in a research note on Wednesday, January 21st. Finally, HC Wainwright raised their price target on First Majestic Silver to $30.00 and gave the stock a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $25.00.

First Majestic Silver Company Profile

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.