WNY Asset Management LLC Buys Shares of 7,209 Wheaton Precious Metals Corp. $WPM

WNY Asset Management LLC bought a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM) in the 1st quarter, HoldingsChannel.com reports. The fund bought 7,209 shares of the company’s stock, valued at approximately $944,000.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Wheaton Precious Metals by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock worth $2,242,969,000 after purchasing an additional 289,939 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Wheaton Precious Metals by 10.7% during the fourth quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock worth $1,700,517,000 after buying an additional 1,402,092 shares during the last quarter. Capital International Investors increased its holdings in shares of Wheaton Precious Metals by 1.2% during the fourth quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock worth $892,650,000 after buying an additional 93,599 shares in the last quarter. Norges Bank acquired a new position in shares of Wheaton Precious Metals during the fourth quarter worth $864,977,000. Finally, TD Asset Management Inc lifted its stake in shares of Wheaton Precious Metals by 0.5% in the 4th quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock valued at $857,598,000 after acquiring an additional 33,221 shares during the last quarter. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: WPM is expected to deliver earnings growth in its upcoming report, and Zacks says the company has the factors associated with a likely earnings beat. The outlook supports the investment case for its high-margin precious-metals streaming model. Wheaton Precious Metals Corp. Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: A comparison with Archer Aviation highlights Wheaton’s lower-overhead business model and direct exposure to gold and silver prices, which may appeal to investors seeking precious-metals exposure without operating-mining risk. Archer Aviation vs. Wheaton Precious Metals
• Neutral Sentiment: WPM’s upcoming results are becoming the key near-term catalyst. The company previously reported strong revenue and earnings growth, but investors will focus on whether the new quarter meets elevated expectations and confirms its growth trajectory.
• Negative Sentiment: Edison Investment Research lowered its WPM EPS forecasts substantially: Q3 2026 to $0.89 from $1.38, Q4 to $1.00 from $1.56, and full-year 2026 to $4.32 from $5.61. The full-year estimate is also below consensus forecasts of roughly $4.62-$4.73, creating a negative earnings-expectations overhang. Edison Investment Research Has Bearish Forecast for WPM Q2 Earnings
• Negative Sentiment: The recent weakness in WPM shares, along with trading below its 50-day and 200-day moving averages, suggests that investors may be taking profits or reducing exposure while awaiting earnings clarity.

Wheaton Precious Metals Trading Down 3.8%

Shares of WPM stock opened at $109.06 on Friday. Wheaton Precious Metals Corp. has a 1-year low of $90.94 and a 1-year high of $165.76. The stock has a market cap of $49.53 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 2.10 and a beta of 0.55. The stock has a 50-day moving average of $115.87 and a 200-day moving average of $131.19.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The company had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The firm’s quarterly revenue was up 91.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.55 earnings per share. Sell-side analysts forecast that Wheaton Precious Metals Corp. will post 4.62 earnings per share for the current year.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were issued a dividend of $0.195 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 0.7%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 19.70%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WPM. Bank of America lowered their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Berenberg Bank set a $157.00 price objective on Wheaton Precious Metals in a research note on Tuesday. Weiss Ratings downgraded shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Jefferies Financial Group reduced their target price on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Finally, Royal Bank Of Canada dropped their price target on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $165.55.

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.