Wheaton Precious Metals (NYSE:WPM) Upgraded at UBS Group

UBS Group upgraded shares of Wheaton Precious Metals (NYSE:WPM) from a neutral rating to a buy rating in a research note released on Friday, Marketbeat.com reports. They currently have $160.00 price target on the stock.

WPM has been the subject of several other reports. Scotiabank raised their price objective on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the stock a “sector outperform” rating in a report on Monday, March 16th. Wall Street Zen raised Wheaton Precious Metals from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Weiss Ratings restated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. TD Securities lifted their price target on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research note on Wednesday, February 4th. Thirteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $145.36.

Wheaton Precious Metals Stock Performance

NYSE WPM opened at $124.48 on Friday. The stock has a market cap of $56.52 billion, a P/E ratio of 38.42, a price-to-earnings-growth ratio of 1.79 and a beta of 0.50. Wheaton Precious Metals has a fifty-two week low of $68.03 and a fifty-two week high of $165.76. The stock has a 50 day simple moving average of $142.22 and a two-hundred day simple moving average of $121.21.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.31. Wheaton Precious Metals had a return on equity of 17.17% and a net margin of 63.58%.The company had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’s revenue was up 127.3% on a year-over-year basis. Sell-side analysts predict that Wheaton Precious Metals will post 1.46 earnings per share for the current year.

Wheaton Precious Metals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be paid a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 24.07%.

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds have recently added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. boosted its position in Wheaton Precious Metals by 0.4% during the 4th quarter. Johnson Investment Counsel Inc. now owns 20,465 shares of the company’s stock worth $2,405,000 after purchasing an additional 75 shares during the period. Parvin Asset Management LLC raised its position in Wheaton Precious Metals by 0.6% in the fourth quarter. Parvin Asset Management LLC now owns 11,925 shares of the company’s stock valued at $1,401,000 after purchasing an additional 75 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Wheaton Precious Metals by 1.9% during the fourth quarter. Concurrent Investment Advisors LLC now owns 4,203 shares of the company’s stock worth $494,000 after purchasing an additional 78 shares in the last quarter. Gables Capital Management Inc. lifted its stake in shares of Wheaton Precious Metals by 7.9% during the fourth quarter. Gables Capital Management Inc. now owns 1,079 shares of the company’s stock worth $127,000 after purchasing an additional 79 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its position in shares of Wheaton Precious Metals by 2.5% in the fourth quarter. Focus Financial Network Inc. now owns 3,305 shares of the company’s stock worth $388,000 after buying an additional 81 shares during the period. 70.34% of the stock is owned by institutional investors.

Trending Headlines about Wheaton Precious Metals

Here are the key news stories impacting Wheaton Precious Metals this week:

• Positive Sentiment: UBS upgraded WPM from “neutral” to “buy” and set a $160 price target (~28.5% upside vs. the current quote), signaling conviction from a major broker that the shares have meaningful upside. Article Title Article Title
• Positive Sentiment: Zacks Research increased several near-term and FY estimates for WPM (Q1/Q2/Q3 and FY2026/FY2028), and lifted FY2026 to $3.33 EPS from $3.25 — upgrades that improve the earnings outlook even though Zacks retains a “Hold” rating. (Source: MarketBeat summary of analyst notes) Article Title
• Positive Sentiment: Company fundamentals are supporting the outlook: WPM reported record operating cash flow (US$1.9B in 2025 vs US$1.03B in 2024), strong sales and net income for 2025, and the board approved an 18% increase in the quarterly dividend — concrete cash-generation and shareholder-return signals. Article Title
• Neutral Sentiment: Analyst commentary pieces from Zacks highlight WPM as a strong growth/quality name and question the sustainability of the free-cash-flow rally (key variables: production growth and gold prices). These are useful context items but mostly reinforce existing data rather than introduce new catalysts. Article Title

About Wheaton Precious Metals

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.