EP Wealth Advisors LLC purchased a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,685 shares of the company's stock, valued at approximately $1,088,000.
Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. raised its position in Wheaton Precious Metals by 144.4% during the fourth quarter. Assetmark Inc. now owns 220 shares of the company's stock worth $26,000 after acquiring an additional 130 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of Wheaton Precious Metals by 245.5% during the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company's stock worth $29,000 after purchasing an additional 162 shares in the last quarter. Harvest Fund Management Co. Ltd raised its position in shares of Wheaton Precious Metals by 100.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company's stock worth $27,000 after purchasing an additional 117 shares during the last quarter. Hollencrest Capital Management raised its position in shares of Wheaton Precious Metals by 73.5% during the 1st quarter. Hollencrest Capital Management now owns 236 shares of the company's stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in Wheaton Precious Metals in the 4th quarter valued at about $28,000. 70.34% of the stock is owned by institutional investors and hedge funds.
Wheaton Precious Metals News Summary
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Scotiabank maintained a positive outlook for Wheaton’s fiscal 2026 earnings, providing supportive analyst sentiment. Scotiabank Has Positive Estimate for WPM FY2026 Earnings
- Neutral Sentiment: Analysts published expectations for Wheaton’s fourth-quarter earnings, giving investors an updated benchmark ahead of the company’s results. The broader consensus remains approximately $4.80 in EPS for the current fiscal year. Equities Analysts Set Expectations for WPM Q4 Earnings
- Negative Sentiment: Zacks Research reduced its EPS forecasts across several future periods, including Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, and Q2 2027 to $1.10 from $1.13. It also cut Q3 2027 to $0.99 from $1.28 and Q4 2027 to $1.01 from $1.43.
- Negative Sentiment: Zacks lowered its full-year 2027 EPS forecast to $4.31 from $5.13 and its 2028 estimate to $4.62 from $5.27. These reductions point to more conservative expectations for Wheaton’s medium-term earnings growth, despite the company’s recent quarterly EPS beat and 84.7% year-over-year revenue increase.
Wheaton Precious Metals Price Performance
NYSE:WPM opened at $157.80 on Monday. Wheaton Precious Metals Corp. has a one year low of $92.57 and a one year high of $165.76. The stock has a market cap of $71.67 billion, a PE ratio of 34.99, a P/E/G ratio of 2.79 and a beta of 0.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.47 and a current ratio of 0.47. The stock has a 50 day moving average price of $119.19 and a 200 day moving average price of $130.47.
Wheaton Precious Metals (NYSE:WPM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.The company had revenue of $878.00 million during the quarter, compared to analysts' expectations of $879.29 million. During the same period in the prior year, the business earned $0.63 EPS. The firm's quarterly revenue was up 84.7% on a year-over-year basis. Equities research analysts expect that Wheaton Precious Metals Corp. will post 4.8 EPS for the current fiscal year.
Wheaton Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a $0.195 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.5%. Wheaton Precious Metals's dividend payout ratio is currently 17.29%.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the company. Wall Street Zen lowered Wheaton Precious Metals from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Bank of America decreased their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. Scotiabank dropped their price target on Wheaton Precious Metals from $180.00 to $175.00 and set a "sector outperform" rating for the company in a research report on Tuesday, July 14th. UBS Group reduced their price objective on Wheaton Precious Metals from $165.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, June 30th. Finally, Jefferies Financial Group decreased their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating on the stock in a report on Monday, July 6th. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Wheaton Precious Metals has an average rating of "Moderate Buy" and a consensus price target of $165.55.
View Our Latest Research Report on WPM
Wheaton Precious Metals Profile
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Free Report)
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.
The company's activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.
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