Edison Inv. Res Has Positive Estimate for WPM Q3 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities research analysts at Edison Inv. Res raised their Q3 2026 earnings estimates for shares of Wheaton Precious Metals in a note issued to investors on Friday, August 7th. Edison Inv. Res analyst L. Ashbourne now expects that the company will post earnings of $0.94 per share for the quarter, up from their previous forecast of $0.89. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $4.76 per share. Edison Inv. Res also issued estimates for Wheaton Precious Metals’ Q4 2026 earnings at $1.11 EPS and FY2026 earnings at $4.53 EPS.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 22.61%. The business had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same period in the previous year, the firm posted $0.63 earnings per share. Wheaton Precious Metals’s revenue for the quarter was up 84.7% compared to the same quarter last year.

A number of other research analysts also recently weighed in on WPM. Royal Bank Of Canada cut their price target on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Berenberg Bank set a $157.00 price objective on Wheaton Precious Metals in a research note on Tuesday, July 28th. Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Bank of America cut their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, Wall Street Zen cut Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $165.55.

Wheaton Precious Metals Stock Performance

Shares of WPM stock opened at $134.37 on Wednesday. The firm’s 50 day moving average price is $115.33 and its two-hundred day moving average price is $130.71. Wheaton Precious Metals has a 52-week low of $90.94 and a 52-week high of $165.76. The stock has a market cap of $61.03 billion, a PE ratio of 29.79, a PEG ratio of 2.39 and a beta of 0.55.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 17.29%.

Hedge Funds Weigh In On Wheaton Precious Metals

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in Wheaton Precious Metals during the first quarter worth about $331,000. Focus Partners Wealth increased its holdings in shares of Wheaton Precious Metals by 10.7% in the first quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after acquiring an additional 1,081 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Wheaton Precious Metals during the first quarter worth about $209,000. Sivia Capital Partners LLC acquired a new stake in shares of Wheaton Precious Metals during the second quarter worth about $239,000. Finally, Rhumbline Advisers lifted its holdings in shares of Wheaton Precious Metals by 28.3% during the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company’s stock valued at $265,000 after purchasing an additional 652 shares in the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.

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.