Agnico Eagle Mines Limited $AEM is Eschler Asset Management LLP’s 10th Largest Position

Eschler Asset Management LLP reduced its position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 50.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,000 shares of the mining company’s stock after selling 25,000 shares during the quarter. Agnico Eagle Mines comprises approximately 3.1% of Eschler Asset Management LLP’s investment portfolio, making the stock its 10th largest position. Eschler Asset Management LLP’s holdings in Agnico Eagle Mines were worth $4,214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its stake in Agnico Eagle Mines by 381.3% during the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock worth $26,000 after purchasing an additional 122 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its position in shares of Agnico Eagle Mines by 59.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock valued at $33,000 after buying an additional 74 shares during the last quarter. MCF Advisors LLC acquired a new stake in shares of Agnico Eagle Mines in the third quarter valued at about $34,000. Caitlin John LLC purchased a new position in shares of Agnico Eagle Mines in the third quarter worth about $36,000. Finally, Addison Advisors LLC lifted its stake in shares of Agnico Eagle Mines by 94.1% in the third quarter. Addison Advisors LLC now owns 229 shares of the mining company’s stock worth $39,000 after buying an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 68.34% of the company’s stock.

More Agnico Eagle Mines News

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

• Positive Sentiment: Agnico’s fundamentals and capital-return profile remain strong: the company has shown solid free cash flow, raised dividends and buybacks are possible if gold prices hold — a near-term tailwind for shareholder returns. Can Agnico Eagle Drive Even Higher Shareholder Returns Ahead?
• Positive Sentiment: Analysts and screens still list AEM as a long-term buy despite short-term metal pullbacks, reflecting expected secular demand for gold which supports miners’ cash flow and dividends. Gold & Silver Slip as Dollar Strengthens: 4 Stocks to Own
• Positive Sentiment: Sector peer strength: Franco‑Nevada’s strong Q4 results and revenue surge highlight robust royalty/stream exposure to current gold prices — a positive read-across for the gold complex and investor interest in gold equities. Franco-Nevada Q4 Earnings Beat Estimates, Revenues Surge 86% Y/Y
• Neutral Sentiment: Market note: AEM recently closed lower relative to the market (reported ~-1.8% on the last session), a data point showing short-term underperformance versus peers. Agnico Eagle Mines (AEM) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Macro headwinds: a stronger U.S. dollar and rising real yields are pressuring gold and silver prices today, which typically drags down gold miners’ shares in the short term. Monitor dollar moves and real rates for further directional cues. Gold & Silver Slip as Dollar Strengthens: 4 Stocks to Own

Agnico Eagle Mines Price Performance

Agnico Eagle Mines stock opened at $218.20 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $211.75 and a 200 day moving average price of $180.51. Agnico Eagle Mines Limited has a 12-month low of $94.77 and a 12-month high of $255.24. The stock has a market cap of $109.32 billion, a P/E ratio of 24.57 and a beta of 0.61.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.13. Agnico Eagle Mines had a net margin of 37.47% and a return on equity of 18.09%. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the business posted $1.26 EPS. Agnico Eagle Mines’s revenue was up 60.3% on a year-over-year basis. Sell-side analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.45 dividend. 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 yield of 0.8%. The ex-dividend date is Monday, March 2nd. Agnico Eagle Mines’s payout ratio is currently 20.27%.

Analyst Upgrades and Downgrades

AEM has been the subject of several research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Canadian Imperial Bank of Commerce set a $296.00 target price on shares of Agnico Eagle Mines and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Weiss Ratings cut Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a report on Monday, January 12th. UBS Group restated a “neutral” rating and issued a $240.00 price target on shares of Agnico Eagle Mines in a research report on Friday, January 30th. Finally, Royal Bank Of Canada cut Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and increased their price target for the company from $185.00 to $205.00 in a report on Wednesday, December 10th. Four analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $234.91.

About Agnico Eagle Mines

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.