Wheaton Precious Metals Corp. $WPM Stock: International Assets Investment Management LLC Boosts Stake

Key Points

• International Assets Investment Management LLC increased its Wheaton Precious Metals stake by 899.7% in the third quarter, bringing its holdings to 38,569 shares valued at approximately $5.16 million. Institutional investors and hedge funds collectively own 70.34% of the stock.
• Analysts maintain a favorable outlook, with 10 Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and a $172.11 price target, despite several recent target-price reductions.
• Wheaton reported quarterly EPS of $1.19, exceeding estimates, while revenue rose 84.7% year over year to $878 million. The company also declared a quarterly dividend of $0.195 per share, equivalent to a 0.7% annualized yield.

International Assets Investment Management LLC raised its stake in shares of Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) by 899.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,569 shares of the company's stock after acquiring an additional 34,711 shares during the quarter. International Assets Investment Management LLC's holdings in Wheaton Precious Metals were worth $5,157,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Choreo LLC raised its stake in Wheaton Precious Metals by 2.4% during the third quarter. Choreo LLC now owns 15,012 shares of the company's stock valued at $2,007,000 after buying an additional 347 shares in the last quarter. Childress Capital Advisors LLC lifted its holdings in Wheaton Precious Metals by 5.4% during the 3rd quarter. Childress Capital Advisors LLC now owns 29,874 shares of the company's stock worth $3,995,000 after buying an additional 1,525 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of Wheaton Precious Metals in the 3rd quarter worth approximately $40,000. Asset Management One Co. Ltd. grew its position in shares of Wheaton Precious Metals by 10.5% in the 3rd quarter. Asset Management One Co. Ltd. now owns 20,165 shares of the company's stock worth $2,696,000 after acquiring an additional 1,918 shares in the last quarter. Finally, Latitude Advisors LLC acquired a new position in shares of Wheaton Precious Metals in the 3rd quarter worth approximately $37,000. 70.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WPM has been the topic of a number of research reports. Bank of America dropped their target price on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a "buy" rating on the stock in a report on Thursday, July 9th. Berenberg Bank set a $157.00 price objective on shares of Wheaton Precious Metals in a research report on Tuesday, July 28th. Weiss Ratings downgraded shares of Wheaton Precious Metals from a "buy (b+)" rating to a "buy (b)" rating in a research report on Friday, October 23rd. Jefferies Financial Group dropped their price objective on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating on the stock in a research note on Monday, July 6th. Finally, UBS Group raised their target price on shares of Wheaton Precious Metals from $153.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, October 8th. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $172.11.

Key Wheaton Precious Metals News

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: Gold prices above US$4,000 may support Wheaton’s streaming business and cash generation. One analysis argues that the recent weakness in WPM shares could present a valuation opportunity for investors seeking precious-metals exposure. Gold Prices Are High While the Share Price Is Low, Making Now the Time to Re-examine Wheaton
• Positive Sentiment: Wheaton’s CEO reportedly sees approximately US$4 billion of capacity for potential deals, which could expand the company’s portfolio and future production if attractive streaming opportunities are completed. Wheaton Precious Metals stock: CEO sees USD 4 billion for deals
• Neutral Sentiment: Analysts expect earnings to grow ahead of next week’s report, but Zacks says WPM lacks the combination of factors that typically supports a likely earnings beat, raising uncertainty around the near-term catalyst. Wheaton Precious Metals earnings expectations
• Negative Sentiment: Zacks Research lowered multiple EPS forecasts, including Q3 2027 to $0.95 from $1.00, FY2027 to $4.28 from $4.38, Q1 2028 to $1.54 from $1.70, and FY2028 to $6.80 from $6.96. The revisions indicate softer expectations for longer-term earnings growth and likely contribute to the stock’s decline. Zacks Research Issues Negative Outlook for WPM Earnings

Wheaton Precious Metals Price Performance

NYSE WPM opened at $116.20 on Monday. Wheaton Precious Metals Corp. has a 52 week low of $94.28 and a 52 week high of $165.76. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20. The stock has a market cap of $52.78 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 2.27 and a beta of 0.54. The company has a 50-day moving average price of $141.76 and a two-hundred day moving average price of $133.93.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $878.00 million for the quarter, compared to analyst estimates of $879.29 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. Wheaton Precious Metals's revenue was up 84.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 earnings per share. Analysts forecast that Wheaton Precious Metals Corp. will post 4.60 EPS for the current year.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were issued a dividend of $0.1950 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. Wheaton Precious Metals's dividend payout ratio (DPR) is 17.29%.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a precious metals streaming company headquartered in Vancouver, British Columbia. Rather than operating mines directly, the company provides upfront financing to mining companies in exchange for the right to purchase a portion of the gold, silver, palladium and cobalt produced by specific mining operations at predetermined prices.

Wheaton sells the streamed metals to customers and uses the proceeds to support its operations and investments. Its portfolio is linked to mining assets operated by third parties, with exposure to projects in the Americas and other regions.

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