Caitong International Asset Management Co. Ltd Buys Shares of 4,844 Wheaton Precious Metals Corp. $WPM

Caitong International Asset Management Co. Ltd acquired a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,844 shares of the company’s stock, valued at approximately $569,000.

Several other large investors have also recently added to or reduced their stakes in WPM. Assetmark Inc. grew its position in shares of Wheaton Precious Metals by 144.4% during the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after acquiring an additional 130 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in Wheaton Precious Metals by 100.0% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after purchasing an additional 117 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in Wheaton Precious Metals during the 4th quarter valued at about $28,000. Navalign LLC acquired a new position in Wheaton Precious Metals during the 4th quarter valued at about $30,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of Wheaton Precious Metals during the fourth quarter worth approximately $32,000. 70.34% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.65 from $4.50, signaling improved near-term earnings expectations.
• Positive Sentiment: The firm also increased FY2027 EPS to $4.88 from $4.74 and FY2028 EPS to $4.48 from $4.09, indicating a more constructive long-term outlook for the company.
• Positive Sentiment: Quarterly estimates for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027 were all revised higher, which may help investor sentiment around future cash generation and earnings stability.
• Neutral Sentiment: Zacks Research maintained a Hold rating, so the revisions are supportive but not a strong bullish endorsement.
• Neutral Sentiment: The new estimates remain below the broader consensus FY2026 earnings estimate of $4.98 per share, suggesting analysts still see some caution in the outlook.

Wheaton Precious Metals Stock Up 0.0%

Shares of Wheaton Precious Metals stock opened at $122.60 on Friday. Wheaton Precious Metals Corp. has a 12-month low of $85.59 and a 12-month high of $165.76. The firm has a market capitalization of $55.68 billion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 2.31 and a beta of 0.51. The stock’s fifty day moving average is $131.65 and its 200-day moving average is $132.40.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The firm had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company’s revenue was up 91.7% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. Analysts expect that Wheaton Precious Metals Corp. will post 4.99 EPS for the current year.

Wheaton Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th were given a dividend of $0.195 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. Wheaton Precious Metals’s payout ratio is currently 19.70%.

Analyst Upgrades and Downgrades

WPM has been the subject of several recent analyst reports. Wall Street Zen cut Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. BMO Capital Markets assumed coverage on shares of Wheaton Precious Metals in a report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. Scotiabank increased their target price on shares of Wheaton Precious Metals from $178.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Zacks Research cut shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price target on the stock in a research report on Friday, March 27th. Thirteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $155.64.

Wheaton Precious Metals Company Profile

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.