Wheaton Precious Metals (NYSE:WPM) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of Wheaton Precious Metals (NYSE:WPM) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports. Zacks Research also issued estimates for Wheaton Precious Metals’ Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.00 EPS, Q1 2027 earnings at $0.71 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.78 EPS and FY2027 earnings at $3.04 EPS.

WPM has been the topic of a number of other reports. Bank of America boosted their price target on shares of Wheaton Precious Metals from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Berenberg Bank lifted their price objective on shares of Wheaton Precious Metals from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, September 12th. Raymond James Financial increased their target price on shares of Wheaton Precious Metals from $114.00 to $127.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $115.00 to $130.00 in a research note on Wednesday, December 10th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $130.78.

Wheaton Precious Metals Stock Down 1.3%

Shares of NYSE WPM opened at $121.25 on Tuesday. The business’s 50 day moving average is $105.76 and its two-hundred day moving average is $100.45. Wheaton Precious Metals has a 52-week low of $55.47 and a 52-week high of $123.92. The firm has a market cap of $55.05 billion, a price-to-earnings ratio of 55.11, a PEG ratio of 1.82 and a beta of 0.54.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.59 by $0.03. The business had revenue of $476.26 million during the quarter, compared to analyst estimates of $495.53 million. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The company’s quarterly revenue was up 54.5% on a year-over-year basis. During the same period last year, the business posted $0.34 earnings per share. Analysts anticipate that Wheaton Precious Metals will post 1.46 EPS for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were given a $0.165 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is currently 30.00%.

Hedge Funds Weigh In On Wheaton Precious Metals

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new position in shares of Wheaton Precious Metals during the 3rd quarter worth about $26,000. Root Financial Partners LLC acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter worth about $29,000. Triumph Capital Management purchased a new stake in Wheaton Precious Metals during the third quarter worth approximately $33,000. Bulwark Capital Corp purchased a new stake in Wheaton Precious Metals during the second quarter worth approximately $27,000. Finally, Delta Asset Management LLC TN acquired a new position in Wheaton Precious Metals in the second quarter valued at approximately $27,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: Zacks raised FY2026 EPS to $3.00 (from $2.81) and FY2027 EPS to $3.04 (from $2.85), signaling stronger expected earnings vs. their prior outlook — a constructive fundamental revision that can support the share price.
• Positive Sentiment: Zacks also lifted multiple quarterly estimates across 2026–2027 (examples: Q1 2026 to $0.73, Q2 2026 to $0.75, Q4 2026 to $0.79 and Q3 2027 to $0.78), indicating broad upward revisions rather than a one?off change.
• Positive Sentiment: Zacks published a bullish momentum piece highlighting WPM as a long?term momentum stock — contributes to positive investor narrative and may attract momentum/quant flows. Why Wheaton Precious Metals Corp. (WPM) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Despite the estimate increases, Zacks kept a “Hold” rating — this tempers upside from the revisions and suggests analysts are not yet moving to a buy view.
• Negative Sentiment: Shares are trading lower today, suggesting the market is either digesting valuation/positioning or reacting to broader metals/mining sector moves rather than the estimate revisions alone.

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.