J. Safra Sarasin Holding AG lifted its position in shares of Hecla Mining Company (NYSE:HL – Free Report) by 58.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 92,014 shares of the basic materials company’s stock after buying an additional 33,914 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Hecla Mining were worth $1,113,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. State Street Corp increased its position in Hecla Mining by 7.2% during the second quarter. State Street Corp now owns 30,032,111 shares of the basic materials company’s stock worth $179,892,000 after acquiring an additional 2,029,327 shares during the period. Tidal Investments LLC increased its holdings in shares of Hecla Mining by 14.7% during the second quarter. Tidal Investments LLC now owns 20,118,397 shares of the basic materials company’s stock worth $120,509,000 after purchasing an additional 2,574,855 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Hecla Mining by 40.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock valued at $102,144,000 after buying an additional 4,928,130 shares in the last quarter. Ninety One UK Ltd boosted its stake in shares of Hecla Mining by 1.7% in the third quarter. Ninety One UK Ltd now owns 6,219,902 shares of the basic materials company’s stock valued at $75,261,000 after buying an additional 103,009 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Hecla Mining by 20.9% during the first quarter. Goldman Sachs Group Inc. now owns 4,285,345 shares of the basic materials company’s stock worth $23,827,000 after buying an additional 739,360 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on HL shares. CIBC lifted their price objective on Hecla Mining from $27.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday. Wall Street Zen upgraded Hecla Mining from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. Scotiabank upped their price objective on shares of Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a research report on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Hecla Mining from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $22.00.
Hecla Mining Stock Performance
NYSE:HL opened at $27.29 on Thursday. Hecla Mining Company has a twelve month low of $4.46 and a twelve month high of $34.17. The company has a quick ratio of 1.51, a current ratio of 2.15 and a debt-to-equity ratio of 0.11. The stock’s 50-day simple moving average is $20.70 and its 200 day simple moving average is $13.92. The firm has a market capitalization of $18.28 billion, a PE ratio of 88.02 and a beta of 1.28.
Hecla Mining (NYSE:HL – Get Free Report) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The firm had revenue of $409.54 million during the quarter, compared to analysts’ expectations of $315.60 million. Hecla Mining had a net margin of 16.35% and a return on equity of 7.87%. The business’s revenue for the quarter was up 67.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.03 earnings per share. On average, analysts anticipate that Hecla Mining Company will post 0.21 EPS for the current fiscal year.
Hecla Mining Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were paid a dividend of $0.0038 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, November 24th. Hecla Mining’s payout ratio is presently 3.23%.
Key Stories Impacting Hecla Mining
Here are the key news stories impacting Hecla Mining this week:
- Positive Sentiment: CIBC raised its price target on Hecla from $27 to $32 (still a “neutral” rating). The boost in target suggests analysts see ~17% upside from the stock’s recent level, which can support buying interest. Read More.
- Positive Sentiment: Unusually large call-option activity — traders bought ~103,115 calls (about +145% vs. average) — signals short-term bullish positioning that can amplify upside volatility if catalysts align. Read More.
- Positive Sentiment: Momentum: Hecla has rallied sharply over the past week (nearly +20%), attracting attention from momentum traders and coverage pieces that can sustain short-term flows. Read More.
- Positive Sentiment: Strategic refocus: Hecla announced a plan to divest Casa Berardi to concentrate on silver — a clearer strategic focus can be viewed positively by investors seeking higher-margin, core-commodity exposure. Read More.
- Neutral Sentiment: Investor Day materials and transcripts were posted (detailed guidance, strategy and Q&A). These documents provide context for management’s long-term plan but are informational until they change guidance or metrics materially. Read More.
- Neutral Sentiment: An M&A call transcript was released; management commentary on portfolio moves is useful for modeling but not immediately catalytic without deal specifics. Read More.
- Negative Sentiment: Production outlook: Hecla’s weaker 2026 production outlook spurred a ~5.5% drop previously — lower near-term volumes can pressure revenue and sentiment, which helps explain downward moves despite other positive signals. Read More.
Insider Transactions at Hecla Mining
In other news, VP Kurt Allen sold 52,219 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the completion of the transaction, the vice president directly owned 216,641 shares in the company, valued at approximately $4,746,604.31. This represents a 19.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Russell Douglas Lawlar sold 148,372 shares of the stock in a transaction on Monday, November 10th. The shares were sold at an average price of $15.00, for a total value of $2,225,580.00. Following the completion of the transaction, the chief financial officer owned 347,402 shares of the company’s stock, valued at $5,211,030. The trade was a 29.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 426,679 shares of company stock worth $7,678,773. Corporate insiders own 1.40% of the company’s stock.
About Hecla Mining
Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.
The company’s principal operations are located in North America and Latin America.
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