Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 12,600 shares of the company’s stock, valued at approximately $1,410,000.
A number of other institutional investors also recently bought and sold shares of the stock. Nisa Investment Advisors LLC purchased a new position in shares of Wheaton Precious Metals during the 3rd quarter worth approximately $26,000. Delta Asset Management LLC TN bought a new stake in shares of Wheaton Precious Metals during the second quarter valued at approximately $27,000. Root Financial Partners LLC bought a new stake in shares of Wheaton Precious Metals during the third quarter valued at approximately $29,000. City State Bank grew its stake in Wheaton Precious Metals by 40.0% in the second quarter. City State Bank now owns 560 shares of the company’s stock worth $50,000 after purchasing an additional 160 shares during the period. Finally, Pacifica Partners Inc. raised its holdings in Wheaton Precious Metals by 27.8% in the third quarter. Pacifica Partners Inc. now owns 460 shares of the company’s stock worth $51,000 after purchasing an additional 100 shares in the last quarter. 70.34% of the stock is owned by institutional investors.
More Wheaton Precious Metals News
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Zacks Research upgraded WPM from a “hold” to a “strong-buy” and materially raised near?term and multi?year EPS forecasts — including lifts to Q1 2026, several quarterly 2026–2027 estimates and FY2026/FY2027 (FY2026 to ~$3.25 from ~$3.01; FY2027 to ~$3.26 from ~$3.04). This signals analysts expect stronger cash flow/earnings ahead and is a constructive fundamental read on the company. Zacks Research Note
- Neutral Sentiment: Although the Zacks notes are positive, none of the supplied items explain the intraday share weakness. That suggests the price decline is likely being driven by other, non?covered factors (examples to check: moves in silver/gold/commodity prices, sector rotation or broader market weakness, profit?taking after the recent run?up, or short?term technical/volume dynamics). These drivers are not mentioned in the Zacks releases provided.
Wheaton Precious Metals Stock Down 13.8%
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The business had revenue of $476.26 million for the quarter, compared to analysts’ expectations of $495.53 million. During the same period in the prior year, the firm posted $0.34 EPS. The firm’s quarterly revenue was up 54.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current year.
Wheaton Precious Metals Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 20th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 30.00%.
Analysts Set New Price Targets
WPM has been the subject of several recent research reports. Raymond James Financial raised their price objective on Wheaton Precious Metals from $114.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. CIBC lifted their price target on shares of Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a research report on Friday, October 10th. UBS Group reissued a “neutral” rating and set a $158.00 price objective on shares of Wheaton Precious Metals in a research note on Friday. Zacks Research raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, Scotiabank reiterated an “outperform” rating and set a $175.00 target price on shares of Wheaton Precious Metals in a report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Wheaton Precious Metals has an average rating of “Buy” and a consensus target price of $140.44.
View Our Latest Stock Report on WPM
Wheaton Precious Metals 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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