82,328 Shares in Agnico Eagle Mines Limited $AEM Acquired by Barometer Capital Management Inc.

Key Points

• Barometer Capital bought a new position of 82,328 shares of Agnico Eagle (≈$13.88M), representing 3.5% of its portfolio and making AEM its fourth-largest holding.
• Agnico Eagle reported Q earnings of $2.69 EPS (beats $2.56 est.) and revenue of $3.53B up 60.3% YoY, with analysts forecasting ~4.63 EPS for the year and a consensus "Buy" rating (price target ~$234.91).
• The company raised its quarterly dividend to $0.45 ($1.80 annualized, 0.8% yield) and shows a strong balance sheet (market cap ~$111.6B, debt/equity ~0.01) with 68.34% institutional ownership.

Barometer Capital Management Inc. bought a new position in shares of Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 82,328 shares of the mining company's stock, valued at approximately $13,877,000. Agnico Eagle Mines accounts for 3.5% of Barometer Capital Management Inc.'s investment portfolio, making the stock its 4th biggest position.

A number of other institutional investors also recently modified their holdings of AEM. True Wealth Design LLC grew its holdings in Agnico Eagle Mines by 381.3% in the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company's stock valued at $26,000 after buying an additional 122 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Agnico Eagle Mines by 59.7% during the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company's stock worth $33,000 after buying an additional 74 shares during the last quarter. MCF Advisors LLC bought a new stake in shares of Agnico Eagle Mines in the third quarter valued at approximately $34,000. Caitlin John LLC acquired a new stake in shares of Agnico Eagle Mines in the third quarter worth $36,000. Finally, Addison Advisors LLC grew its stake in shares of Agnico Eagle Mines by 94.1% in the third quarter. Addison Advisors LLC now owns 229 shares of the mining company's stock worth $39,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Price Performance

NYSE:AEM opened at $222.75 on Thursday. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The firm has a market cap of $111.60 billion, a PE ratio of 25.08 and a beta of 0.61. Agnico Eagle Mines Limited has a 12 month low of $94.77 and a 12 month high of $255.24. The company's 50-day moving average price is $210.78 and its two-hundred day moving average price is $180.24.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its quarterly earnings data on Thursday, February 12th. The mining company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same quarter in the previous year, the company posted $1.26 EPS. The business's revenue for the quarter was up 60.3% compared to the same quarter last year. On average, equities analysts anticipate that Agnico Eagle Mines Limited will post 4.63 EPS for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.45 dividend. This is a boost from Agnico Eagle Mines's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Agnico Eagle Mines's payout ratio is 20.27%.

Key Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Company cash flow and capital returns: Analysts highlight AEM’s strong free cash flow that supports dividends and buybacks, giving management flexibility to return capital if gold prices remain firm. This underpins longer-term upside potential. Can Agnico Eagle Drive Even Higher Shareholder Returns Ahead?
• Positive Sentiment: Momentum and balance-sheet strength: Coverage noting AEM’s CAN SLIM-style earnings and revenue growth, very low debt and efficient capital use has drawn growth investors and supports relative-strength flows into the stock. Is Agnico Eagle Turning CAN SLIM Momentum Into a Durable Growth Story?
• Positive Sentiment: Sector tailwinds from peers: Strong results at royalty/streaming peers (Franco‑Nevada’s Q4 beat and large revenue gain) reinforce that elevated gold prices are feeding through to producer cash flows and margins, which benefits AEM indirectly. Franco-Nevada Q4 Earnings Beat Estimates, Revenues Surge 86% Y/Y
• Neutral Sentiment: Valuation debate: Several analyst pieces note AEM trades at a premium to peers; while justified by growth and cash flow, the premium raises sensitivity to any slowing in gold or execution. Does Agnico Eagle's Premium Valuation Justify Buying the Stock Now?
• Neutral Sentiment: Analyst upgrade & investor interest: Erste Group’s upgrade to Buy (reported by market write-ups) and positive coverage pieces raise investor attention but may already be priced in. Is Agnico Eagle Mines Limited (AEM) One of the Best Mineral Stocks to Invest In?
• Negative Sentiment: Near-term pullback / profit-taking: Recent price decline headlines and intraday weakness suggest traders are taking profits after a strong run; Zacks notes AEM fell more than the market in the latest session. Agnico Eagle Mines (AEM) Declines More Than Market

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Scotiabank restated an "outperform" rating and set a $280.00 price objective on shares of Agnico Eagle Mines in a report on Tuesday, February 17th. Royal Bank Of Canada cut shares of Agnico Eagle Mines from an "outperform" rating to a "sector perform" rating and increased their target price for the company from $185.00 to $205.00 in a research note on Wednesday, December 10th. UBS Group reissued a "neutral" rating and set a $240.00 target price on shares of Agnico Eagle Mines in a research report on Friday, January 30th. Wall Street Zen lowered Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research note on Saturday, January 31st. Finally, TD Securities upped their price target on Agnico Eagle Mines from $241.00 to $251.00 and gave the company a "buy" rating in a report on Tuesday, March 3rd. Four research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $234.91.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited NYSE: AEM is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.

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