Rep. Thomas H. Kean, Jr. Acquires Wheaton Precious Metals Corp. (NYSE:WPM) Stock

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Wheaton Precious Metals Corp. (NYSE:WPM). In a filing disclosed on July 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wheaton Precious Metals stock on June 4th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
• Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/2/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/2/2026.

Wheaton Precious Metals Price Performance

Wheaton Precious Metals stock traded down $0.09 during mid-day trading on Friday, reaching $104.16. The company had a trading volume of 1,724,817 shares, compared to its average volume of 1,733,085. The stock’s 50-day simple moving average is $120.54 and its 200-day simple moving average is $131.94. Wheaton Precious Metals Corp. has a 1 year low of $87.96 and a 1 year high of $165.76. The company has a market capitalization of $47.30 billion, a P/E ratio of 26.30, a P/E/G ratio of 1.86 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company had revenue of $901.47 million for the quarter, compared to the consensus estimate of $868.35 million. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The company’s revenue for the quarter was up 91.7% compared to the same quarter last year. On average, equities analysts forecast that Wheaton Precious Metals Corp. will post 4.8 EPS for the current fiscal year.

Wheaton Precious Metals Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in WPM. LBP AM SA increased its holdings in Wheaton Precious Metals by 632.2% during the 4th quarter. LBP AM SA now owns 119,855 shares of the company’s stock worth $14,085,000 after purchasing an additional 103,485 shares during the last quarter. Moody Lynn & Lieberson LLC acquired a new stake in Wheaton Precious Metals in the fourth quarter valued at $2,052,000. Exchange Traded Concepts LLC raised its holdings in Wheaton Precious Metals by 16.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 216,652 shares of the company’s stock valued at $25,461,000 after acquiring an additional 30,725 shares in the last quarter. J. Safra Sarasin Holding AG boosted its stake in Wheaton Precious Metals by 40.5% during the 4th quarter. J. Safra Sarasin Holding AG now owns 96,214 shares of the company’s stock valued at $11,308,000 after acquiring an additional 27,729 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC increased its position in shares of Wheaton Precious Metals by 12.0% in the 4th quarter. SeaBridge Investment Advisors LLC now owns 75,180 shares of the company’s stock worth $8,835,000 after purchasing an additional 8,068 shares during the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on WPM shares. Royal Bank Of Canada dropped their price target on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Weiss Ratings lowered Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Bank of America lowered their price target on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Scotiabank decreased their target price on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of “Moderate Buy” and an average target price of $161.09.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Wheaton Precious Metals Company 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.