TD Asset Management Inc Buys 143,645 Shares of Agnico Eagle Mines Limited $AEM

TD Asset Management Inc grew its position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 1.5% during the third quarter, HoldingsChannel reports. The firm owned 9,500,193 shares of the mining company’s stock after buying an additional 143,645 shares during the quarter. Agnico Eagle Mines comprises approximately 1.3% of TD Asset Management Inc’s holdings, making the stock its 15th biggest position. TD Asset Management Inc’s holdings in Agnico Eagle Mines were worth $1,600,436,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. lifted its position in Agnico Eagle Mines by 13.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,133,384 shares of the mining company’s stock worth $192,951,000 after acquiring an additional 134,147 shares during the last quarter. Ninety One UK Ltd increased its stake in shares of 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 worth $31,703,000 after purchasing an additional 149,506 shares during the period. Campbell & CO Investment Adviser LLC lifted 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 worth $8,205,000 after purchasing an additional 45,746 shares during the last quarter. AustralianSuper Pty Ltd bought a new stake in Agnico Eagle Mines during the 3rd quarter valued at approximately $23,958,000. Finally, Addenda Capital Inc. boosted its stake in Agnico Eagle Mines by 2.3% during the 3rd quarter. Addenda Capital Inc. now owns 724,231 shares of the mining company’s stock valued at $122,076,000 after purchasing an additional 15,965 shares during the period. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AEM. JPMorgan Chase & Co. cut their price target on Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Erste Group Bank cut shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Citigroup increased their price target on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Scotiabank restated an “outperform” rating and set a $280.00 price objective on shares of Agnico Eagle Mines in a report on Tuesday, February 17th. Finally, Wall Street Zen lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $234.91.

Agnico Eagle Mines Trading Up 1.5%

Shares of AEM stock opened at $244.14 on Wednesday. The company has a market capitalization of $122.32 billion, a P/E ratio of 27.49, a P/E/G ratio of 0.56 and a beta of 0.63. Agnico Eagle Mines Limited has a 12-month low of $92.11 and a 12-month high of $245.81. 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 firm has a 50-day moving average price of $197.90 and a 200 day moving average price of $172.84.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings data on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.13. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates 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 was up 60.3% on a year-over-year basis. During the same quarter last year, the business posted $1.26 earnings per share. Research analysts forecast that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, March 2nd. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio is presently 18.02%.

More Agnico Eagle Mines News

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

• Positive Sentiment: Management raised the quarterly dividend to $0.45, outlined a larger 2026 exploration program (US$565M–$635M) across key assets and reaffirmed buyback activity — moves that increase shareholder returns and growth optionality. Why Agnico Eagle Mines (AEM) Is Up 5.4% After Boosting Dividend And 2026 Exploration Budget
• Positive Sentiment: Strong 2025 results (reported record free cash flow and solid net income) and achieved production guidance bolster confidence in execution and the balance sheet. Those fundamentals support higher valuation and dividend sustainability. Agnico Eagle rises as tariff-driven rush to safe havens lifts gold-linked miners
• Neutral Sentiment: Analyst/scoreboard coverage highlights AEM as a growth/quality name (Zacks style scores), which can attract multifactor investors but is not a near-term catalyst by itself. Here’s Why Agnico Eagle Mines (AEM) is a Strong Growth Stock
• Neutral Sentiment: Investor presentations (BMO conference slide deck) provide more detail on pipeline and projects — useful for due diligence but not an immediate price driver. Agnico Eagle Mines Limited (AEM) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference – Slideshow
• Neutral Sentiment: Market context: other miners’ results and higher gold prices are lifting the sector; B2Gold’s mixed quarter shows industry dispersion — helpful for sector momentum but company‑specific impact varies. B2Gold Q4 Earnings Miss Estimates, Revenues Surge Y/Y on Higher Output
• Neutral Sentiment: New analyst estimates (e.g., Erste Group) update FY2026 outlook — worth monitoring for consensus revisions but not immediately directional on its own. What is Erste Group Bank’s Estimate for AEM FY2026 Earnings?
• Negative Sentiment: Scotiabank’s updated forecast trims earnings expectations for AEM — analyst downgrades or cuts to estimates could pressure the stock if more firms follow. Scotiabank Forecasts Reduced Earnings for Agnico Eagle Mines

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.