Winmill & CO. Inc. Takes $1.88 Million Position in Wheaton Precious Metals Corp. $WPM

Key Points

• Winmill & Co. acquired 16,700 shares of Wheaton Precious Metals in the second quarter, a position valued at approximately $1.88 million. Institutional investors collectively own 70.34% of the company.
• Wheaton reported quarterly EPS of $1.19, beating estimates by $0.04, while revenue rose 84.7% year over year to $878 million. The company declared a quarterly dividend of $0.195 per share, representing a 0.5% annualized yield.
• Analyst sentiment remains broadly positive, with 12 Buy ratings and one Hold rating and an average price target of $165.55, although several firms lowered their targets and Zacks reduced medium-term EPS forecasts.

Winmill & CO. Inc. acquired a new stake in Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,700 shares of the company's stock, valued at approximately $1,876,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC acquired a new stake in Wheaton Precious Metals during the first quarter valued at approximately $331,000. Focus Partners Wealth lifted its holdings in shares of Wheaton Precious Metals by 10.7% in the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company's stock worth $871,000 after purchasing an additional 1,081 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Wheaton Precious Metals during the 1st quarter valued at approximately $209,000. Sivia Capital Partners LLC acquired a new position in Wheaton Precious Metals during the 2nd quarter valued at approximately $239,000. Finally, Rhumbline Advisers grew its stake in Wheaton Precious Metals by 28.3% during the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company's stock worth $265,000 after buying an additional 652 shares during the last quarter. Hedge funds and other institutional investors own 70.34% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WPM shares. Scotiabank reduced their price target on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a "sector outperform" rating for the company in a report on Tuesday, July 14th. Weiss Ratings lowered shares of Wheaton Precious Metals from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 16th. Wall Street Zen lowered shares of Wheaton Precious Metals from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Royal Bank Of Canada cut their price target on Wheaton Precious Metals from $165.00 to $160.00 and set an "outperform" rating on the stock in a report on Thursday, July 9th. Finally, Jefferies Financial Group reduced their price objective on Wheaton Precious Metals from $182.00 to $177.00 and set a "buy" rating for the company in a research report on Monday, July 6th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Wheaton Precious Metals presently has an average rating of "Moderate Buy" and an average target price of $165.55.

Wheaton Precious Metals Price Performance

NYSE WPM opened at $157.80 on Monday. Wheaton Precious Metals Corp. has a 12 month low of $92.57 and a 12 month high of $165.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47. The company's 50 day simple moving average is $119.19 and its 200 day simple moving average is $130.47. The firm has a market capitalization of $71.67 billion, a PE ratio of 34.99, a P/E/G ratio of 2.79 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last released its 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. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The business had revenue of $878.00 million during the quarter, compared to analyst estimates of $879.29 million. During the same period in the prior year, the business earned $0.63 earnings per share. The business's quarterly revenue was up 84.7% on a year-over-year basis. As a group, equities research analysts forecast that Wheaton Precious Metals Corp. will post 4.8 EPS for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 20th. Wheaton Precious Metals's payout ratio is currently 17.29%.

Trending Headlines about Wheaton Precious Metals

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 Profile

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.

Want to see what other hedge funds are holding WPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wheaton Precious Metals Corp. (NYSE:WPM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source