--- title: "Electrum Group LLC Takes Position in Hecla Mining Company $HL" type: "News" locale: "en" url: "https://longbridge.com/en/news/296325255.md" description: "Electrum Group LLC acquired a new stake in Hecla Mining (NYSE:HL) during Q2, purchasing 356,251 shares valued at approximately $5.5 billion, making it the firm's 8th largest position. Other institutional investors, including Goldman Sachs, UBS, Prudential Financial, and Russell Investments, also increased their holdings in Hecla Mining. The company recently reported quarterly earnings of $0.17 per share, missing estimates, and announced a quarterly dividend of $0.0038 payable on September 10." datetime: "2026-08-19T08:40:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296325255.md) - [en](https://longbridge.com/en/news/296325255.md) - [zh-HK](https://longbridge.com/zh-HK/news/296325255.md) generator: "portal-rs" --- # Electrum Group LLC Takes Position in Hecla Mining Company $HL Electrum Group LLC purchased a new stake in shares of Hecla Mining Company (NYSE:HL - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 356,251 shares of the basic materials company's stock, valued at approximately $5,496,953,000. Hecla Mining makes up about 0.2% of Electrum Group LLC's investment portfolio, making the stock its 8th largest position. Electrum Group LLC owned 0.05% of Hecla Mining at the end of the most recent quarter. - Why These 2 Hotel Stocks Are Beating Travel Peers A number of other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its stake in Hecla Mining by 20.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,285,345 shares of the basic materials company's stock valued at $23,827,000 after buying an additional 739,360 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Hecla Mining by 24.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,959,276 shares of the basic materials company's stock worth $10,894,000 after buying an additional 380,448 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Hecla Mining by 10.9% in the second quarter. Cetera Investment Advisers now owns 65,536 shares of the basic materials company's stock valued at $393,000 after acquiring an additional 6,450 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Hecla Mining by 71.6% in the second quarter. Prudential Financial Inc. now owns 78,395 shares of the basic materials company's stock valued at $435,000 after acquiring an additional 32,714 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Hecla Mining by 1.8% during the second quarter. Russell Investments Group Ltd. now owns 153,867 shares of the basic materials company's stock valued at $922,000 after acquiring an additional 2,793 shares during the last quarter. 63.01% of the stock is owned by institutional investors. ## Hecla Mining Trading Down 4.7% Shares of Hecla Mining stock opened at $17.94 on Wednesday. The company's 50-day moving average price is $15.78 and its 200-day moving average price is $18.31. Hecla Mining Company has a 12-month low of $7.40 and a 12-month high of $34.17. The company has a market cap of $12.05 billion, a price-to-earnings ratio of 36.62 and a beta of 1.32. - 3 Metals and Mining Stocks Riding the Commodity Supercycle Hecla Mining (NYSE:HL - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). Hecla Mining had a net margin of 20.84% and a return on equity of 18.91%. The business had revenue of $333.85 million for the quarter, compared to the consensus estimate of $368.75 million. During the same period in the prior year, the business posted $0.09 EPS. Hecla Mining's quarterly revenue was up 9.8% on a year-over-year basis. On average, sell-side analysts predict that Hecla Mining Company will post 0.47 earnings per share for the current year. ## Hecla Mining Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be given a $0.0038 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Wednesday, August 26th. Hecla Mining's dividend payout ratio (DPR) is presently 2.04%. ## Wall Street Analysts Forecast Growth - Hilton’s Q1 Report Put One Big Question Front and Center for 2026 Several research analysts have weighed in on the company. Scotiabank cut their price objective on Hecla Mining from $25.00 to $21.00 and set a "sector perform" rating on the stock in a research report on Tuesday, July 14th. Wall Street Zen lowered Hecla Mining from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Canaccord Genuity Group upgraded Hecla Mining from a "hold" rating to a "buy" rating and set a $24.00 target price on the stock in a research note on Wednesday, April 29th. HC Wainwright cut their price target on shares of Hecla Mining from $36.50 to $26.75 and set a "buy" rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Hecla Mining from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $24.12. **View Our Latest Report on HL** ## Hecla Mining Company Profile (Free Report) 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. ## Read More - Five stocks we like better than Hecla Mining - The AI Boom Is Turning This Cable Maker Into a Stock to Watch - A Star Investor Just Trimmed Amazon—Here's What It means - Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look - Home Depot Analysts See a Path to $375 and Beyond **Want to see what other hedge funds are holding HL?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hecla Mining Company (NYSE:HL - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Hecla Mining Right Now? Before you consider Hecla Mining, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hecla Mining wasn't on the list. While Hecla Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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