Clare Market Investments LLC raised its holdings in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 27.4% in the third quarter, HoldingsChannel.com reports. The firm owned 10,700 shares of the mining company’s stock after buying an additional 2,300 shares during the period. Clare Market Investments LLC’s holdings in Agnico Eagle Mines were worth $1,804,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. grew its position in Agnico Eagle Mines by 13.4% during the third quarter. TD Waterhouse Canada Inc. now owns 1,133,384 shares of the mining company’s stock valued at $192,951,000 after buying an additional 134,147 shares during the period. Ninety One UK Ltd boosted its stake in Agnico Eagle Mines by 386.5% in the third quarter. Ninety One UK Ltd now owns 188,189 shares of the mining company’s stock valued at $31,703,000 after acquiring an additional 149,506 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of Agnico Eagle Mines by 1,560.8% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 48,677 shares of the mining company’s stock valued at $8,205,000 after acquiring an additional 45,746 shares during the period. AustralianSuper Pty Ltd purchased a new stake in shares of Agnico Eagle Mines during the 3rd quarter worth approximately $23,958,000. Finally, Addenda Capital Inc. raised its holdings in shares of Agnico Eagle Mines by 2.3% in the 3rd quarter. Addenda Capital Inc. now owns 724,231 shares of the mining company’s stock worth $122,076,000 after purchasing an additional 15,965 shares during the period. 68.34% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on AEM. Jefferies Financial Group set a $189.00 price objective on Agnico Eagle Mines in a report on Sunday, December 7th. UBS Group reiterated a “neutral” rating and set a $240.00 price target on shares of Agnico Eagle Mines in a research note on Friday, January 30th. Weiss Ratings cut Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $234.91.
Key Stories Impacting Agnico Eagle Mines
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Zacks Research materially raised Q1–Q4 and full‑year EPS estimates across 2026–2028 (large upward revisions to FY2026/FY2027), implying stronger earnings outlook and supporting higher valuation. Zacks Research Estimate Updates
- Positive Sentiment: Zacks published a style/momentum writeup naming AEM a top‑ranked momentum stock — this can attract quantitative and momentum‑tilted flows. Agnico Eagle Mines (AEM) is a Top-Ranked Momentum Stock: Should You Buy?
- Positive Sentiment: The stock hit a fresh 52‑week high, signaling strong market sentiment and technical breakout interest that can pull in momentum buyers. Agnico Eagle Mines Limited (AEM) Hits Fresh High: Is There Still Room to Run?
- Positive Sentiment: Coverage noting Agnico’s reinforced mining discipline and project positioning is generating positive narrative flow on market boards, supporting investor confidence. Agnico Eagle Mines (NYSE:AEM) Reinforces Mining Discipline Sparking Buzz On Nyse Composite
- Neutral Sentiment: Comparative analyst pieces (e.g., Newmont vs. Agnico) highlight both companies’ stronger cash flows and project expansions but offer no clear edge that changes AEM’s near‑term outlook. NEM vs. AEM: Which Gold Mining Giant Should You Invest in Now?
- Negative Sentiment: Despite large estimate upgrades, Zacks retains a “Hold” rating on AEM — a reminder analysts may still see valuation or cyclicality risks, which could cap upside if sentiment shifts. Zacks Research Rating Detail
Agnico Eagle Mines Stock Up 2.1%
Shares of NYSE AEM opened at $251.48 on Friday. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The company has a market cap of $126.00 billion, a P/E ratio of 28.32, a P/E/G ratio of 0.55 and a beta of 0.63. Agnico Eagle Mines Limited has a 52 week low of $92.11 and a 52 week high of $252.78. The business has a 50-day simple moving average of $202.46 and a two-hundred day simple moving average of $174.62.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last announced its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.13. The firm had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.40 billion. Agnico Eagle Mines had a net margin of 37.47% and a return on equity of 18.09%. The company’s revenue for the quarter was up 60.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. Research analysts anticipate that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.
Agnico Eagle Mines Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.45 per share. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. The ex-dividend date is Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. Agnico Eagle Mines’s dividend payout ratio (DPR) is presently 18.02%.
About Agnico Eagle Mines
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.
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