Agnico Eagle Mines (NYSE:AEM – Free Report) (TSE:AEM) had its price target reduced by UBS Group from $240.00 to $210.00 in a report published on Friday,Benzinga reports. UBS Group currently has a neutral rating on the mining company’s stock.
A number of other research firms have also recently weighed in on AEM. Royal Bank Of Canada cut shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and lifted their price objective for the company from $185.00 to $205.00 in a report on Wednesday, December 10th. Jefferies Financial Group set a $189.00 target price on Agnico Eagle Mines in a research report on Sunday, December 7th. Scotiabank restated an “outperform” rating and issued a $280.00 price target on shares of Agnico Eagle Mines in a research note on Tuesday, February 17th. TD Securities upped their price target on Agnico Eagle Mines from $241.00 to $251.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Finally, Canadian Imperial Bank of Commerce set a $296.00 price objective on Agnico Eagle Mines and gave the company an “outperform” rating in a report on Wednesday, February 4th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $232.18.
Check Out Our Latest Research Report on Agnico Eagle Mines
Agnico Eagle Mines Trading Down 0.1%
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last posted its earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.13. Agnico Eagle Mines had a net margin of 37.47% and a return on equity of 18.09%. The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the firm earned $1.26 EPS. The business’s quarterly revenue was up 60.3% on a year-over-year basis. Analysts anticipate that Agnico Eagle Mines will post 4.63 earnings per share for the current year.
Agnico Eagle Mines Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.45 per share. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, March 2nd. Agnico Eagle Mines’s dividend payout ratio is presently 20.27%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. McAlvany Wealth Management LLC acquired a new stake in shares of Agnico Eagle Mines in the fourth quarter worth approximately $6,288,000. Up Capital Management Inc. purchased a new stake in shares of Agnico Eagle Mines during the fourth quarter worth approximately $342,000. Purpose Unlimited Inc. acquired a new position in Agnico Eagle Mines in the 4th quarter valued at $581,000. Rockefeller Capital Management L.P. lifted its holdings in Agnico Eagle Mines by 99.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 37,051 shares of the mining company’s stock valued at $6,281,000 after purchasing an additional 18,486 shares in the last quarter. Finally, World Investment Advisors lifted its holdings in Agnico Eagle Mines by 23.1% in the 4th quarter. World Investment Advisors now owns 5,389 shares of the mining company’s stock valued at $914,000 after purchasing an additional 1,010 shares in the last quarter. 68.34% of the stock is owned by hedge funds and other institutional investors.
More Agnico Eagle Mines News
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (FY2026 to $14.22 from $13.05; FY2027 to $14.13 from $14.00), suggesting stronger forward earnings expectations that support AEM’s valuation. MarketBeat: Erste raises EPS estimates
- Neutral Sentiment: Increased retail and analyst attention — multiple outlets (Zacks, Yahoo) flag AEM as a “trending” or closely watched stock, which can amplify short-term volatility but is neutral for long-term fundamentals. Zacks: AEM Is a Trending Stock
- Negative Sentiment: UBS cut its price target on AEM from $240 to $210 and set a “Neutral” rating — a material downward revision to a major bank’s target that may limit upside in the near term. Benzinga: UBS lowers AEM price target
- Negative Sentiment: Market pieces noted a recent intraday pullback (March 26) where AEM fell more than the broader market, highlighting short-term selling pressure and volatility. Yahoo: Why AEM dipped more than broader market
- Negative Sentiment: AmericanBankingNews reported a downgrade to “Hold” at Erste Group (rating lowered), which can be read as reduced near-term conviction from at least one sell-side source. AmericanBankingNews: AEM Rating Lowered to Hold at Erste Group Bank
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.
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