Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Stock analysts at Berenberg Bank upped their FY2025 earnings estimates for shares of Wheaton Precious Metals in a research report issued to clients and investors on Wednesday, October 15th. Berenberg Bank analyst R. Hatch now forecasts that the company will earn $2.62 per share for the year, up from their previous estimate of $2.38. Berenberg Bank has a “Buy” rating and a $108.00 price target on the stock. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share. Berenberg Bank also issued estimates for Wheaton Precious Metals’ Q1 2026 earnings at $0.80 EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.83 EPS, Q1 2027 earnings at $0.81 EPS, Q2 2027 earnings at $0.85 EPS and Q3 2027 earnings at $0.90 EPS.
Other equities analysts have also issued reports about the stock. CIBC boosted their target price on shares of Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a report on Friday, October 10th. Wall Street Zen upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a report on Monday, September 8th. UBS Group boosted their target price on shares of Wheaton Precious Metals from $118.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. BMO Capital Markets restated an “outperform” rating on shares of Wheaton Precious Metals in a report on Friday, August 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Wheaton Precious Metals in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and a consensus price target of $116.89.
Wheaton Precious Metals Price Performance
NYSE:WPM opened at $95.95 on Monday. The firm has a market capitalization of $43.56 billion, a price-to-earnings ratio of 55.46, a PEG ratio of 1.89 and a beta of 0.41. The company’s 50-day moving average is $103.65 and its two-hundred day moving average is $92.92. Wheaton Precious Metals has a 1-year low of $55.47 and a 1-year high of $114.36.
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.05. The company had revenue of $503.22 million for the quarter, compared to analyst estimates of $424.23 million. Wheaton Precious Metals had a net margin of 47.46% and a return on equity of 11.96%. Wheaton Precious Metals’s revenue was up 68.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 EPS.
Wheaton Precious Metals Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, August 21st. Wheaton Precious Metals’s dividend payout ratio is currently 38.15%.
Institutional Investors Weigh In On Wheaton Precious Metals
A number of hedge funds have recently added to or reduced their stakes in WPM. Norges Bank acquired a new stake in Wheaton Precious Metals during the 2nd quarter worth approximately $656,463,000. Invesco Ltd. lifted its holdings in Wheaton Precious Metals by 139.8% during the 2nd quarter. Invesco Ltd. now owns 2,085,042 shares of the company’s stock worth $187,237,000 after buying an additional 1,215,660 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in Wheaton Precious Metals by 57.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 2,097,735 shares of the company’s stock worth $162,811,000 after buying an additional 766,947 shares in the last quarter. Amundi lifted its holdings in Wheaton Precious Metals by 33.2% during the 1st quarter. Amundi now owns 2,745,947 shares of the company’s stock worth $215,557,000 after buying an additional 683,674 shares in the last quarter. Finally, Perpetual Ltd acquired a new stake in Wheaton Precious Metals during the 1st quarter worth approximately $50,430,000. 70.34% of the stock is currently owned by institutional investors and hedge funds.
About Wheaton Precious Metals
Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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