Wheaton Precious Metals Corp. (NYSE:WPM) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Wheaton Precious Metals has an average analyst rating of “Moderate Buy”, with 13 of 14 covering firms recommending the stock and a consensus 12-month price target of about $155.45.
• The company posted record quarterly revenue, earnings, and cash flow, and its latest results beat Wall Street estimates on both EPS and revenue, highlighting strong operating momentum.
• Wheaton also announced a quarterly dividend of $0.195 per share, an 18% increase from a year earlier, and unveiled the Antamina silver stream with BHP, its largest transaction to date.

Wheaton Precious Metals Corp. (NYSE:WPM - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $155.4545.

A number of equities research analysts have commented on WPM shares. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. UBS Group upgraded Wheaton Precious Metals from a "neutral" rating to a "buy" rating and set a $160.00 price objective for the company in a research report on Friday, March 27th. Wall Street Zen lowered Wheaton Precious Metals from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 28th. TD Securities raised their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Finally, BMO Capital Markets initiated coverage on Wheaton Precious Metals in a research report on Thursday, April 9th. They set an "outperform" rating and a $240.00 price objective for the company.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Parvin Asset Management LLC raised its stake in shares of Wheaton Precious Metals by 0.6% during the 4th quarter. Parvin Asset Management LLC now owns 11,925 shares of the company's stock worth $1,401,000 after purchasing an additional 75 shares in the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Wheaton Precious Metals by 0.4% during the 4th quarter. Johnson Investment Counsel Inc. now owns 20,465 shares of the company's stock worth $2,405,000 after purchasing an additional 75 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Wheaton Precious Metals by 1.9% during the 4th quarter. Concurrent Investment Advisors LLC now owns 4,203 shares of the company's stock worth $494,000 after purchasing an additional 78 shares in the last quarter. Gables Capital Management Inc. raised its stake in shares of Wheaton Precious Metals by 7.9% during the 4th quarter. Gables Capital Management Inc. now owns 1,079 shares of the company's stock worth $127,000 after purchasing an additional 79 shares in the last quarter. Finally, Focus Financial Network Inc. raised its stake in shares of Wheaton Precious Metals by 2.5% during the 4th quarter. Focus Financial Network Inc. now owns 3,305 shares of the company's stock worth $388,000 after purchasing an additional 81 shares in the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Wheaton Precious Metals reported record quarterly revenue, earnings and cash flow, signaling strong operating momentum and better-than-expected performance across key assets. Record Revenue, Earnings and Cash Flow Press Release
• Positive Sentiment: The company beat Wall Street estimates on both earnings and revenue, with EPS of $1.28 versus expectations around $1.24 to $1.15 depending on the source, which supports investor enthusiasm. Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the prior-year quarterly dividend, reinforcing the company’s cash-generation story. Dividend Declaration
• Positive Sentiment: Management announced the Antamina silver stream with BHP, described as the largest transaction in Wheaton’s history, which could expand future production and growth visibility. Q1 2026 Earnings Transcript
• Neutral Sentiment: Earlier commentary noted that the stock had already seen strong recent momentum heading into the earnings release, so part of the move may reflect existing bullish sentiment rather than the quarter alone. Valuation After Share Price Momentum

Wheaton Precious Metals Trading Up 0.1%

Shares of NYSE WPM opened at $138.99 on Monday. Wheaton Precious Metals has a one year low of $75.42 and a one year high of $165.76. The firm has a market capitalization of $63.12 billion, a PE ratio of 35.10, a PEG ratio of 2.68 and a beta of 0.50. The business has a 50-day moving average price of $138.97 and a two-hundred day moving average price of $126.88.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The firm had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. During the same period last year, the company posted $0.55 EPS. The business's quarterly revenue was up 91.7% compared to the same quarter last year. Research analysts anticipate that Wheaton Precious Metals will post 4.88 EPS for the current year.

Wheaton Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. Wheaton Precious Metals's dividend payout ratio (DPR) is 24.07%.

About Wheaton Precious Metals

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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