Representative Brian Babin (Republican-Texas) recently sold shares of Wheaton Precious Metals Corp. (NYSE:WPM). In a filing disclosed on May 18th, the Representative disclosed that they had sold between $15,001 and $50,000 in Wheaton Precious Metals stock on May 5th. The trade occurred in the Representative’s “UBS SEP IRA” account.
Representative Brian Babin also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Westshore Terminals Investment (OTCMKTS:WTSHF) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of Compass Diversified (NYSE:CODI) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of FTAI Infrastructure (NASDAQ:FIP) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of South32 (OTCMKTS:SOUHY) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of Range Resources (NYSE:RRC) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of Enbridge (NYSE:ENB) on 5/5/2026.
- Sold $15,001 – $50,000 in shares of Huntington Ingalls Industries (NYSE:HII) on 5/5/2026.
- Sold $1,001 – $15,000 in shares of Woodside Energy Group (NYSE:WDS) on 5/5/2026.
- Sold $50,001 – $100,000 in shares of FTAI Aviation (NASDAQ:FTAI) on 5/5/2026.
Wheaton Precious Metals Stock Performance
NYSE:WPM opened at $123.99 on Wednesday. Wheaton Precious Metals Corp. has a fifty-two week low of $79.93 and a fifty-two week high of $165.76. The company has a 50 day moving average price of $135.84 and a 200 day moving average price of $129.07. The stock has a market capitalization of $56.30 billion, a P/E ratio of 31.31, a PEG ratio of 2.50 and a beta of 0.50.
Wheaton Precious Metals Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be paid a $0.195 dividend. 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 Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is 19.70%.
Analyst Ratings Changes
WPM has been the topic of several research analyst reports. BMO Capital Markets initiated coverage on Wheaton Precious Metals in a report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective on the stock. TD Securities boosted their price objective on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Wall Street Zen lowered shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group raised shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price target for the company in a research report on Friday, March 27th. 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 research 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 stock presently has an average rating of “Moderate Buy” and an average price target of $155.64.
Read Our Latest Research Report on Wheaton Precious Metals
Institutional Trading of Wheaton Precious Metals
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WPM. Nisa Investment Advisors LLC purchased a new position in shares of Wheaton Precious Metals in the 3rd quarter valued at $26,000. Assetmark Inc. grew its position 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 during the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of Wheaton Precious Metals by 100.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after buying an additional 117 shares during the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Wheaton Precious Metals in the 4th quarter valued at $28,000. Finally, Root Financial Partners LLC purchased a new position in shares of Wheaton Precious Metals in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 70.34% of the company’s stock.
About Representative Babin
Brian Babin (Republican Party) is a member of the U.S. House, representing Texas’ 36th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Babin (Republican Party) is running for re-election to the U.S. House to represent Texas’ 36th Congressional District. He declared candidacy for the 2026 election.
Babin is a member of the House Transportation and Infrastructure Committee and the House Committee on Science, Space, and Technology.
Babin served in the United States Air Force as a captain from 1975 to 1979. While serving, he earned his B.S. in biology from Lamar University in 1973. He then enrolled in dental school at the University of Texas and graduated with his D.D.S. in 1976. He has been engaged in general dental practice since 1979.
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.
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