Wheaton Precious Metals (NYSE:WPM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Wheaton Precious Metals (NYSE:WPMFree Report) from a buy rating to a strong-buy rating in a report released on Saturday.

A number of other equities analysts also recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a $145.00 price target on shares of Wheaton Precious Metals in a research report on Sunday, December 7th. Royal Bank Of Canada raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $115.00 to $130.00 in a report on Wednesday, December 10th. Zacks Research downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Scotiabank reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Wheaton Precious Metals in a research report on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Twelve analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $145.18.

Check Out Our Latest Analysis on WPM

Wheaton Precious Metals Trading Down 0.5%

Shares of WPM opened at $139.22 on Friday. The company’s fifty day simple moving average is $143.28 and its 200 day simple moving average is $119.95. Wheaton Precious Metals has a 1-year low of $68.03 and a 1-year high of $165.76. The company has a market cap of $63.21 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 2.09 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPMGet Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. The company had revenue of $864.71 million during the quarter, compared to the consensus estimate of $719.59 million. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.69%. The company’s quarterly revenue was up 127.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS. As a group, research analysts forecast that Wheaton Precious Metals will post 1.46 earnings per share for the current year.

Wheaton Precious Metals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be paid a $0.195 dividend. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, March 31st. This represents a $0.78 annualized dividend and a yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is presently 20.37%.

Institutional Trading of Wheaton Precious Metals

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Wheaton Precious Metals by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock valued at $2,242,969,000 after purchasing an additional 289,939 shares during the period. Van ECK Associates Corp increased its holdings 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 purchasing an additional 1,402,092 shares during the period. Capital International Investors raised its position in shares of Wheaton Precious Metals by 1.2% in the fourth quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock valued at $892,650,000 after buying an additional 93,599 shares in the last quarter. Norges Bank acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $864,977,000. Finally, TD Asset Management Inc boosted its stake in shares of Wheaton Precious Metals by 0.5% in the fourth quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock valued at $857,598,000 after buying an additional 33,221 shares during the period. 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: Wheaton reported record 2025 revenues and cash flow, production outperformed the company’s view and GEO (gold-equivalent) output rose — core operational beats that support future cash generation and underpin analyst upgrades. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
  • Positive Sentiment: Scotiabank raised its price target to $178 and kept a “sector outperform” view, citing strong FY2025 earnings outlooks — a sizable upside vs. current levels that can attract buyers. Scotiabank PT raise
  • Positive Sentiment: TD Securities and TD Cowen each nudged targets to $165 and maintain buy ratings, signaling broad dealer support for the stock after the quarter. Benzinga coverage
  • Positive Sentiment: Stifel Canada maintained its buy rating (PT C$240), reinforcing institutional confidence in WPM’s long-term cash flow profile. Stifel Canada Maintains Buy
  • Neutral Sentiment: Analyst commentary and bank reports (multiple briefs) reiterate upside but differ slightly on assumptions — useful for investors who want model sensitivity to metals prices and cost assumptions. Benzinga coverage
  • Negative Sentiment: Management flagged higher costs in the quarter that weighed on margins; rising operating costs could limit near-term EPS expansion despite higher revenues. Zacks Q4 analysis

Wheaton Precious Metals Company Profile

(Get Free Report)

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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Analyst Recommendations for Wheaton Precious Metals (NYSE:WPM)

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