Groupe la Francaise boosted its position in shares of Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 79.4% during the 1st quarter, HoldingsChannel reports. The firm owned 278,025 shares of the company’s stock after buying an additional 123,025 shares during the quarter. Groupe la Francaise’s holdings in Wheaton Precious Metals were worth $36,374,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new stake in shares of Wheaton Precious Metals in the first quarter valued at $79,000. Janus Henderson Group PLC grew its holdings in shares of Wheaton Precious Metals by 7.5% during the first quarter. Janus Henderson Group PLC now owns 160,449 shares of the company’s stock valued at $21,013,000 after buying an additional 11,186 shares in the last quarter. Oddo BHF Asset Management Sas grew its holdings in shares of Wheaton Precious Metals by 4.5% during the first quarter. Oddo BHF Asset Management Sas now owns 37,100 shares of the company’s stock valued at $4,860,000 after buying an additional 1,600 shares in the last quarter. Strategic Investment Advisors MI acquired a new position in Wheaton Precious Metals during the first quarter valued at $159,000. Finally, Guardian Partners Inc. raised its position in Wheaton Precious Metals by 80.3% during the first quarter. Guardian Partners Inc. now owns 15,106 shares of the company’s stock valued at $1,982,000 after buying an additional 6,726 shares during the period. 70.34% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. UBS Group lowered their target price on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Jefferies Financial Group dropped their target price on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Bank of America reduced their price target on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Finally, Weiss Ratings cut shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $165.55.
Wheaton Precious Metals News Roundup
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Zacks highlighted that Wheaton Precious Metals has factors supporting a likely earnings beat, with investors focused on growth expectations ahead of the company’s upcoming report. A stronger-than-expected result could provide a near-term catalyst for the shares. Wheaton Precious Metals earnings expected to grow
- Positive Sentiment: Industry sentiment remains favorable as gold prices and production trends support expectations for stronger results across gold-related companies. AngloGold Ashanti’s upcoming report is expected to show sharply higher year-over-year earnings and sales, reinforcing a constructive backdrop for precious-metals equities. AngloGold Ashanti earnings outlook
- Neutral Sentiment: Wheaton previously reported quarterly EPS and revenue above analyst expectations, while revenue increased substantially year over year. Those results provide a favorable comparison for the upcoming report, though the stock’s valuation and future estimates remain important considerations.
- Negative Sentiment: Edison Investment Research reduced its Q2 2026 EPS estimate to $1.16 from $1.34 and lowered its FY2027 forecast to $3.35 from $3.43, signaling more cautious expectations for near- and medium-term earnings. Edison estimate reductions
- Negative Sentiment: Edison also cut its Q3 2026 EPS estimate to $0.89 from $1.38, Q4 to $1.00 from $1.56, and full-year 2026 EPS to $4.32 from $5.61. The revised full-year forecast is below the broader consensus estimate of $4.73, potentially limiting upside if Wheaton does not deliver a clear beat or raise guidance.
Wheaton Precious Metals Trading Up 3.6%
NYSE WPM opened at $113.37 on Friday. Wheaton Precious Metals Corp. has a 1-year low of $90.94 and a 1-year high of $165.76. The company has a market capitalization of $51.49 billion, a PE ratio of 28.63, a price-to-earnings-growth ratio of 2.02 and a beta of 0.55. The firm’s fifty day simple moving average is $116.22 and its 200-day simple moving average is $131.35.
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.04. The business had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.Wheaton Precious Metals’s quarterly revenue was up 91.7% compared to the same quarter last year. During the same period last year, the company earned $0.55 earnings per share. As a group, analysts predict that Wheaton Precious Metals Corp. will post 4.62 EPS for the current year.
Wheaton Precious Metals Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.195 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. 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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