Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 420.8% during the 1st quarter, Holdings Channel reports. The firm owned 311,454 shares of the company’s stock after purchasing an additional 251,654 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Wheaton Precious Metals were worth $40,868,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of WPM. Assetmark Inc. grew its holdings in Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Wheaton Precious Metals by 245.5% in the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after acquiring an additional 162 shares in the last quarter. Harvest Fund Management Co. Ltd lifted its position in shares of Wheaton Precious Metals by 100.0% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after acquiring an additional 117 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after acquiring an additional 100 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC purchased a new stake in Wheaton Precious Metals during the 4th quarter worth about $28,000. 70.34% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Wheaton Precious Metals
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
- Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
- Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
- Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on Wheaton Precious Metals
Wheaton Precious Metals Stock Performance
Wheaton Precious Metals stock opened at $111.49 on Friday. Wheaton Precious Metals Corp. has a 1 year low of $90.39 and a 1 year high of $165.76. The firm has a 50 day moving average price of $117.50 and a 200 day moving average price of $131.65. The company has a market cap of $50.63 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 2.01 and a beta of 0.55.
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $901.47 million for the quarter, compared to the consensus estimate of $868.35 million. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. Wheaton Precious Metals’s revenue was up 91.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 earnings per share. Sell-side analysts predict that Wheaton Precious Metals Corp. will post 4.73 EPS for the current year.
Wheaton Precious Metals Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were given a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 19.70%.
Wheaton Precious Metals Company 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.
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