Allworth Financial LP Sells 83,441 Shares of Agnico Eagle Mines Limited $AEM

Key Points

• Allworth Financial sharply reduced its AEM position: The fund sold 83,441 shares, cutting its stake by 94.6% to 4,771 shares valued at approximately $740,000. Institutional investors collectively own 68.34% of Agnico Eagle Mines.
• Agnico Eagle reported strong operating results: Quarterly EPS came in at $3.05, beating estimates of $2.89, while revenue increased 35% year over year and net margin reached 40.44%.
• Analysts remain cautiously positive: AEM has a “Moderate Buy” consensus rating and an average price target of $226, though some firms have lowered targets and warn that premium valuation, operating costs and weaker gold prices could pressure the stock.

Allworth Financial LP reduced its position in shares of Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 94.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,771 shares of the mining company's stock after selling 83,441 shares during the quarter. Allworth Financial LP's holdings in Agnico Eagle Mines were worth $740,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its stake in shares of Agnico Eagle Mines by 0.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,284 shares of the mining company's stock valued at $2,422,000 after purchasing an additional 63 shares in the last quarter. Syon Capital LLC lifted its stake in shares of Agnico Eagle Mines by 1.8% in the fourth quarter. Syon Capital LLC now owns 3,675 shares of the mining company's stock worth $623,000 after buying an additional 65 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in Agnico Eagle Mines by 1.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,289 shares of the mining company's stock valued at $728,000 after purchasing an additional 67 shares during the last quarter. Rossby Financial LCC lifted its stake in Agnico Eagle Mines by 1.1% during the 4th quarter. Rossby Financial LCC now owns 7,061 shares of the mining company's stock valued at $1,197,000 after acquiring an additional 74 shares during the period. Finally, Cary Street Partners Financial LLC boosted its holdings in Agnico Eagle Mines by 3.9% in the fourth quarter. Cary Street Partners Financial LLC now owns 2,013 shares of the mining company's stock worth $341,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines News Roundup

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

• Positive Sentiment: Higher earnings forecast: Erste Group raised its FY2027 EPS estimate for AEM to $12.67 from $12.54, well above the current-year consensus estimate of $11.58. The revision supports the bullish case for continued earnings growth. Erste Group raises Agnico Eagle EPS estimate
• Positive Sentiment: Strong fundamentals remain supportive: Recent results showed a quarterly EPS beat, 35% year-over-year revenue growth and a net margin above 40%. Analysts also point to robust first-half 2026 performance, project growth and strong cash flow as reasons for additional upside. Agnico Eagle continued upside despite gold-price risks
• Neutral Sentiment: Investor attention is elevated: AEM has become one of the most-watched stocks on Zacks, increasing visibility but not necessarily providing a fundamental catalyst. AEM investor interest article
• Negative Sentiment: Valuation and gold-price risks: AEM trades at a premium valuation after a substantial rally. Higher operating costs, production risks and the possibility of rising interest rates weighing on gold could limit further upside. AEM premium valuation analysis
• Negative Sentiment: Pullback concerns have intensified: AEM recently declined more than the broader market, while a separate analysis warned that its rally could reverse in the coming months if gold weakens or the stock’s premium valuation contracts. Agnico Eagle rally reversal analysis

Agnico Eagle Mines Stock Up 0.0%

Shares of AEM stock opened at $200.40 on Monday. The company's fifty day simple moving average is $174.42 and its two-hundred day simple moving average is $185.99. Agnico Eagle Mines Limited has a 52 week low of $134.38 and a 52 week high of $255.24. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.01. The stock has a market cap of $101.58 billion, a P/E ratio of 17.14, a PEG ratio of 2.49 and a beta of 0.67.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The firm had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $3.78 billion. During the same period in the prior year, the company earned $1.94 EPS. The business's revenue was up 35.0% compared to the same quarter last year. Analysts predict that Agnico Eagle Mines Limited will post 11.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AEM. Barclays reduced their price target on shares of Agnico Eagle Mines from $210.00 to $188.00 and set an "overweight" rating for the company in a research report on Wednesday, July 15th. Zacks Research upgraded shares of Agnico Eagle Mines from a "strong sell" rating to a "hold" rating in a research report on Monday, September 7th. Scotia reduced their target price on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a "sector outperform" rating for the company in a report on Friday, July 3rd. JPMorgan Chase & Co. increased their price target on shares of Agnico Eagle Mines from $175.00 to $179.00 and gave the stock a "neutral" rating in a research report on Monday, August 3rd. Finally, Wall Street Zen cut shares of Agnico Eagle Mines from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $226.00.

About Agnico Eagle Mines

Agnico Eagle Mines Limited is a Canadian-based gold mining company engaged in the exploration, development and production of gold and other mineral resources. The company's primary product is gold, with silver and other byproducts also recovered from certain operations. Its activities include operating mines, advancing development projects and conducting exploration to expand and replace mineral reserves.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world's major gold producers.

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