CenterBook Partners LP Makes New Investment in Agnico Eagle Mines Limited $AEM

CenterBook Partners LP purchased a new position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,548 shares of the mining company’s stock, valued at approximately $429,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. True Wealth Design LLC lifted its holdings in shares of Agnico Eagle Mines by 381.3% in the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock worth $26,000 after purchasing an additional 122 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in Agnico Eagle Mines by 59.7% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock worth $33,000 after acquiring an additional 74 shares during the last quarter. MCF Advisors LLC bought a new stake in shares of Agnico Eagle Mines during the third quarter valued at about $34,000. Addison Advisors LLC boosted its position in shares of Agnico Eagle Mines by 94.1% during the 3rd quarter. Addison Advisors LLC now owns 229 shares of the mining company’s stock valued at $39,000 after acquiring an additional 111 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Agnico Eagle Mines during the second quarter worth about $29,000. Institutional investors own 68.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Jefferies Financial Group set a $189.00 price target on shares of Agnico Eagle Mines in a report on Sunday, December 7th. Citigroup upped their price target on shares of Agnico Eagle Mines from $198.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Canadian Imperial Bank of Commerce set a $296.00 price objective on Agnico Eagle Mines and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, TD Securities set a $251.00 price target on Agnico Eagle Mines and gave the stock a “buy” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $234.91.

Agnico Eagle Mines Price Performance

Shares of AEM stock opened at $228.11 on Friday. The stock has a 50 day moving average price of $194.91 and a 200 day moving average price of $171.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.02. The firm has a market capitalization of $114.29 billion, a P/E ratio of 25.69, a P/E/G ratio of 0.53 and a beta of 0.63. Agnico Eagle Mines Limited has a 52-week low of $92.11 and a 52-week high of $229.09.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.13. The business 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 EPS. As a group, sell-side analysts predict that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current year.

Agnico Eagle Mines Increases Dividend

The business 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 $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend 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%.

Trending Headlines about Agnico Eagle Mines

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

• Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
• Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
• Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
• Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
• Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?

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.