Abacus Wealth Partners LLC Takes $1.96 Million Position in Agnico Eagle Mines Limited $AEM

Abacus Wealth Partners LLC acquired a new stake in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 11,533 shares of the mining company’s stock, valued at approximately $1,955,000.

Several other institutional investors also recently made changes to their positions in AEM. Capital World Investors grew its stake in shares of Agnico Eagle Mines by 20.0% during the 3rd quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock valued at $3,497,470,000 after buying an additional 3,462,968 shares during the period. Lazard Asset Management LLC lifted its holdings in shares of Agnico Eagle Mines by 566.2% during the 3rd quarter. Lazard Asset Management LLC now owns 888,239 shares of the mining company’s stock valued at $149,593,000 after acquiring an additional 754,919 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Agnico Eagle Mines by 26,635.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 736,835 shares of the mining company’s stock valued at $124,916,000 after acquiring an additional 734,079 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Agnico Eagle Mines by 5.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock valued at $1,974,242,000 after acquiring an additional 602,489 shares in the last quarter. Finally, Korea Investment CORP lifted its holdings in shares of Agnico Eagle Mines by 138.5% during the 3rd quarter. Korea Investment CORP now owns 972,595 shares of the mining company’s stock valued at $163,847,000 after acquiring an additional 564,723 shares in the last quarter. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Stock Performance

Shares of AEM stock opened at $180.38 on Friday. Agnico Eagle Mines Limited has a 12 month low of $103.96 and a 12 month high of $255.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.15 and a quick ratio of 2.18. The firm has a market capitalization of $90.28 billion, a P/E ratio of 16.95, a P/E/G ratio of 3.93 and a beta of 0.58. The company’s fifty day moving average price is $202.61 and its two-hundred day moving average price is $193.08.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its quarterly earnings data on Thursday, April 30th. The mining company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.21. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The firm had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter in the previous year, the business posted $1.53 EPS. The firm’s revenue was up 66.1% compared to the same quarter last year. On average, research analysts anticipate that Agnico Eagle Mines Limited will post 13.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on AEM shares. TD lifted their target price on shares of Agnico Eagle Mines from $251.00 to $252.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Scotiabank restated an “outperform” rating and set a $280.00 target price on shares of Agnico Eagle Mines in a report on Tuesday, February 17th. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. TD Securities lifted their target price on shares of Agnico Eagle Mines from $241.00 to $251.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Finally, ATB Cormark Capital Markets upgraded shares of Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a report on Monday, May 4th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $238.18.

More Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Negative Sentiment: Gold prices dropped about 2% intraday as rising Treasury yields and a stronger U.S. dollar pressured non-yielding assets, dragging down gold miners including AEM. Agnico Eagle Mines slides as gold pulls back sharply on higher yields and a stronger dollar
• Negative Sentiment: Zacks Research trimmed some near-term earnings estimates for Agnico Eagle, including Q2 2026 and Q4 2026, which may add to caution around the stock despite still having a Hold rating.
• Positive Sentiment: Several analysts remain constructive after Q1 results, with recent coverage highlighting AEM as a potential defensive gold name in falling markets and noting upgrades from ATB Cormark.
• Positive Sentiment: A separate article highlighted Agnico Eagle among the best gold mining stocks to own as central banks continue buying bullion, reinforcing the long-term bullish case for gold exposure. 5 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion
• Neutral Sentiment: Recent reports also pointed to Agnico Eagle’s large Ontario growth plan and continued analyst price-target activity, but these are longer-term themes and do not appear to be the main driver of today’s move.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.