Agnico Eagle Mines Limited $AEM Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its stake in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,392,420 shares of the mining company’s stock after acquiring an additional 44,597 shares during the quarter. Agnico Eagle Mines makes up approximately 3.4% of Connor Clark & Lunn Investment Management Ltd.’s investment portfolio, making the stock its 2nd largest position. Connor Clark & Lunn Investment Management Ltd. owned approximately 1.27% of Agnico Eagle Mines worth $1,076,423,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barometer Capital Management Inc. bought a new position in Agnico Eagle Mines in the third quarter valued at approximately $13,877,000. Tiemann Investment Advisors LLC bought a new stake in shares of Agnico Eagle Mines during the 3rd quarter worth approximately $229,000. Capital World Investors boosted its holdings in shares of Agnico Eagle Mines by 20.0% in the 3rd quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock valued at $3,497,470,000 after buying an additional 3,462,968 shares during the last quarter. BW Gestao de Investimentos Ltda. grew its stake in shares of Agnico Eagle Mines by 31.6% in the third quarter. BW Gestao de Investimentos Ltda. now owns 30,000 shares of the mining company’s stock valued at $5,057,000 after buying an additional 7,200 shares in the last quarter. Finally, Capital International Sarl grew its stake in shares of Agnico Eagle Mines by 143.2% in the third quarter. Capital International Sarl now owns 108,671 shares of the mining company’s stock valued at $18,308,000 after buying an additional 63,980 shares in the last quarter. Institutional investors own 68.34% of the company’s stock.

Agnico Eagle Mines Price Performance

Shares of NYSE AEM opened at $222.75 on Thursday. The firm has a market cap of $111.60 billion, a P/E ratio of 25.08 and a beta of 0.61. The business’s 50 day moving average is $210.78 and its 200-day moving average is $180.24. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines Limited has a 1-year low of $94.77 and a 1-year high of $255.24.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.13. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.40 billion. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm’s quarterly revenue was up 60.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 EPS. Equities research analysts predict that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current year.

Agnico Eagle Mines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 20.27%.

Agnico Eagle Mines News Summary

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

• Positive Sentiment: Company cash flow and capital returns: Analysts highlight AEM’s strong free cash flow that supports dividends and buybacks, giving management flexibility to return capital if gold prices remain firm. This underpins longer-term upside potential. Can Agnico Eagle Drive Even Higher Shareholder Returns Ahead?
• Positive Sentiment: Momentum and balance-sheet strength: Coverage noting AEM’s CAN SLIM-style earnings and revenue growth, very low debt and efficient capital use has drawn growth investors and supports relative-strength flows into the stock. Is Agnico Eagle Turning CAN SLIM Momentum Into a Durable Growth Story?
• Positive Sentiment: Sector tailwinds from peers: Strong results at royalty/streaming peers (Franco‑Nevada’s Q4 beat and large revenue gain) reinforce that elevated gold prices are feeding through to producer cash flows and margins, which benefits AEM indirectly. Franco-Nevada Q4 Earnings Beat Estimates, Revenues Surge 86% Y/Y
• Neutral Sentiment: Valuation debate: Several analyst pieces note AEM trades at a premium to peers; while justified by growth and cash flow, the premium raises sensitivity to any slowing in gold or execution. Does Agnico Eagle’s Premium Valuation Justify Buying the Stock Now?
• Neutral Sentiment: Analyst upgrade & investor interest: Erste Group’s upgrade to Buy (reported by market write-ups) and positive coverage pieces raise investor attention but may already be priced in. Is Agnico Eagle Mines Limited (AEM) One of the Best Mineral Stocks to Invest In?
• Negative Sentiment: Near-term pullback / profit-taking: Recent price decline headlines and intraday weakness suggest traders are taking profits after a strong run; Zacks notes AEM fell more than the market in the latest session. Agnico Eagle Mines (AEM) Declines More Than Market

Analyst Ratings Changes

Several analysts have issued reports on the stock. Citigroup upped their price target on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Royal Bank Of Canada lowered shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $185.00 to $205.00 in a research note on Wednesday, December 10th. JPMorgan Chase & Co. dropped their target price on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. UBS Group reiterated a “neutral” rating and issued a $240.00 target price on shares of Agnico Eagle Mines in a research note on Friday, January 30th. Finally, Wall Street Zen cut Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Four equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $234.91.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.