Arrowstreet Capital Limited Partnership Reduces Holdings in Wheaton Precious Metals Corp. $WPM

Arrowstreet Capital Limited Partnership reduced its position in shares of Wheaton Precious Metals Corp. (NYSE:WPM) by 9.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,325,357 shares of the company’s stock after selling 587,231 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Wheaton Precious Metals were worth $698,218,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its holdings in Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after purchasing an additional 130 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in Wheaton Precious Metals by 245.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock valued at $29,000 after buying an additional 162 shares during the last quarter. Harvest Fund Management Co. Ltd boosted 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 buying an additional 117 shares during the last quarter. Hollencrest Capital Management grew its stake in shares of Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after acquiring an additional 100 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Wheaton Precious Metals during the fourth quarter valued at about $28,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Wheaton Precious Metals News

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 $4.71 from $4.65, signaling slightly better near-term earnings expectations.
• Positive Sentiment: The firm also increased FY2027 EPS estimates to $5.13 from $4.88, which may encourage investors looking for improving longer-term profitability.
• Positive Sentiment: Quarterly estimates were also lifted for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q3 2026, Q4 2026, and Q2 2028, reinforcing a broadly improved earnings outlook for WPM.
• Neutral Sentiment: The consensus estimate for the current full-year earnings remains at $4.73 per share, so the revisions are positive but still close to broader market expectations.

Wall Street Analysts Forecast Growth

WPM has been the topic of several recent analyst reports. Weiss Ratings cut Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Scotiabank lowered their price objective on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. BMO Capital Markets started coverage on Wheaton Precious Metals in a report on Thursday, April 9th. They set an “outperform” rating and a $240.00 price objective on the stock. Jefferies Financial Group cut their target price on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Finally, Royal Bank Of Canada reduced their target price on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.09.

Wheaton Precious Metals Stock Performance

Shares of WPM stock opened at $110.02 on Friday. The stock has a market capitalization of $49.96 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 2.01 and a beta of 0.55. Wheaton Precious Metals Corp. has a one year low of $90.39 and a one year high of $165.76. The company’s 50-day simple moving average is $117.88 and its 200-day simple moving average is $131.79.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The firm had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. During the same period in the previous year, the company earned $0.55 earnings per share. Wheaton Precious Metals’s quarterly revenue was up 91.7% on a year-over-year basis. As a group, research analysts forecast that Wheaton Precious Metals Corp. will post 4.73 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. Stockholders of record on Wednesday, May 27th were given a $0.195 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.7%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 19.70%.

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.