Dimensional Fund Advisors LP boosted its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) by 8.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 598,967 shares of the company’s stock after purchasing an additional 48,144 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Triple Flag Precious Metals were worth $20,787,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Banque Cantonale Vaudoise bought a new stake in Triple Flag Precious Metals during the first quarter worth approximately $33,000. Quarry LP acquired a new stake in shares of Triple Flag Precious Metals during the 3rd quarter valued at $33,000. EverSource Wealth Advisors LLC lifted its position in shares of Triple Flag Precious Metals by 120.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,217 shares of the company’s stock valued at $40,000 after acquiring an additional 664 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Triple Flag Precious Metals by 160.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,015 shares of the company’s stock worth $119,000 after acquiring an additional 3,086 shares in the last quarter. Finally, Caitlin John LLC boosted its stake in shares of Triple Flag Precious Metals by 11.2% during the 4th quarter. Caitlin John LLC now owns 3,730 shares of the company’s stock worth $124,000 after acquiring an additional 375 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.
Triple Flag Precious Metals Stock Up 2.9%
Triple Flag Precious Metals stock opened at $32.18 on Friday. Triple Flag Precious Metals Corp. has a 12 month low of $24.75 and a 12 month high of $41.70. The stock has a market cap of $6.63 billion, a P/E ratio of 16.17, a P/E/G ratio of 2.76 and a beta of -0.18. The company’s fifty day simple moving average is $29.27 and its 200-day simple moving average is $33.13.
Triple Flag Precious Metals Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.06 dividend. This is an increase from Triple Flag Precious Metals’s previous quarterly dividend of $0.06. This represents a $0.24 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Monday, August 31st. Triple Flag Precious Metals’s dividend payout ratio is currently 15.23%.
Wall Street Analyst Weigh In
TFPM has been the topic of a number of recent analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Triple Flag Precious Metals in a research report on Friday, June 12th. Weiss Ratings cut Triple Flag Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 12th. Scotiabank cut their price objective on Triple Flag Precious Metals from $43.00 to $39.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. Bank of America reduced their price objective on shares of Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.67.
Check Out Our Latest Report on TFPM
Key Triple Flag Precious Metals News
Here are the key news stories impacting Triple Flag Precious Metals this week:
- Positive Sentiment: EPS exceeded expectations: Triple Flag reported quarterly EPS of $0.39, above the analyst consensus of $0.33. Revenue was $129.2 million, in line with estimates. Triple Flag earnings report
- Positive Sentiment: Strong year-over-year growth: Reported second-quarter revenue increased 37.3% to $129.2 million, while net income attributable to common shareholders rose 180.4% to $156.3 million. Operating cash flow increased 46.2% to $111.2 million, indicating solid cash generation. Triple Flag Q2 2026 earnings growth
- Positive Sentiment: Dividend increased: The board declared a quarterly dividend of $0.06 per share, payable September 15 to shareholders of record August 31. The increase marks the fifth consecutive year of dividend growth and raises the annualized payout to $0.24 per share, supporting the stock’s income appeal. Triple Flag dividend and results announcement
- Neutral Sentiment: Analyst valuation remains favorable but mixed: Recent analyst price targets have a median of $40, with targets ranging from $37 to $52, suggesting potential upside but also variation in expectations.
- Negative Sentiment: Some financial pressures remain: Third-party data indicated lower gross and operating profit despite stronger revenue, along with higher liabilities, reduced cash and increased capital spending. The data has not been independently verified and may temper enthusiasm over the earnings growth.
Triple Flag Precious Metals Company Profile
Triple Flag Precious Metals Corp. is a Toronto-based precious metals streaming and royalty company traded on the New York Stock Exchange under the ticker TFPM. The company specializes in providing upfront financing to mining operators in exchange for the right to purchase a fixed percentage of future gold and silver production at discounted prices. By structuring these streaming and royalty agreements, Triple Flag Precious Metals aims to optimize its capital deployment and maintain a predictable cost profile while benefitting from upside in precious metal prices.
Since its formation in mid-2022, Triple Flag Precious Metals has established a diversified portfolio of streaming and royalty assets across a variety of jurisdictions.
Featured Stories
- Five stocks we like better than Triple Flag Precious Metals
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding TFPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report).
Receive News & Ratings for Triple Flag Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triple Flag Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.
