GeoSphere Capital Management LLC Has $2.94 Million Stock Holdings in Wheaton Precious Metals Corp. $WPM

GeoSphere Capital Management LLC decreased its holdings in Wheaton Precious Metals Corp. (NYSE:WPM) by 28.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,000 shares of the company’s stock after selling 10,000 shares during the quarter. Wheaton Precious Metals accounts for approximately 1.0% of GeoSphere Capital Management LLC’s holdings, making the stock its 20th biggest holding. GeoSphere Capital Management LLC’s holdings in Wheaton Precious Metals were worth $2,938,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. raised its stake in shares of Wheaton Precious Metals by 144.4% in the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Wheaton Precious Metals in the 3rd quarter valued at $29,000. Navalign LLC acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter worth about $30,000. Eagle Bay Advisors LLC acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter worth about $32,000. Finally, Triumph Capital Management acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Wheaton Precious Metals Stock Down 0.1%

Shares of Wheaton Precious Metals stock opened at $126.39 on Monday. The stock has a market capitalization of $57.39 billion, a P/E ratio of 31.92, a price-to-earnings-growth ratio of 2.44 and a beta of 0.50. Wheaton Precious Metals Corp. has a 12-month low of $84.46 and a 12-month high of $165.76. The company has a 50-day simple moving average of $134.50 and a 200 day simple moving average of $129.70.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. The firm had revenue of $901.47 million during the quarter, compared to analysts’ expectations of $868.35 million. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company’s quarterly revenue was up 91.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. On average, equities analysts anticipate that Wheaton Precious Metals Corp. will post 4.97 earnings per share for the current year.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th will be given a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 19.70%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on WPM shares. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. TD Securities increased their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. TD Cowen increased their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Finally, Zacks Research cut shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Thirteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $155.64.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: Zacks Research boosted its earnings forecasts across several periods, including FY2026, FY2027, and FY2028, suggesting stronger long-term profitability expectations for Wheaton Precious Metals. Wheaton Precious Metals analyst update
• Positive Sentiment: The biggest revisions were notably higher estimates for FY2026 EPS to $4.50, FY2027 EPS to $4.74, and FY2028 EPS to $4.09, which supports the view that earnings power remains solid. Wheaton Precious Metals earnings estimate revision
• Neutral Sentiment: Despite the improved forecasts, Zacks Research maintained a Hold rating, indicating the new estimates were not strong enough to warrant a more bullish stance. Wheaton Precious Metals hold rating

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.