Wheaton Precious Metals Corp. (NYSE:WPM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Wheaton Precious Metals Corp. (NYSE:WPM) has been given an average rating of “Moderate Buy” by the thirteen analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $161.0909.

Several research firms have recently issued reports on WPM. Bank of America lowered their target price on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a report on Thursday, July 9th. UBS Group reduced their price objective on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. BMO Capital Markets assumed coverage on shares of Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. Scotiabank dropped their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Finally, 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 note on Monday, July 6th.

Wheaton Precious Metals Stock Up 1.3%

Shares of WPM opened at $111.49 on Friday. The company has a market cap of $50.63 billion, a PE ratio of 28.15, a P/E/G ratio of 1.98 and a beta of 0.55. The business has a fifty day moving average of $117.50 and a 200 day moving average of $131.65. Wheaton Precious Metals has a 52-week low of $90.39 and a 52-week high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The business had revenue of $901.47 million for the quarter, compared to analysts’ expectations of $868.35 million. During the same quarter in the previous year, the business posted $0.55 earnings per share. The business’s revenue was up 91.7% compared to the same quarter last year. As a group, research analysts anticipate that Wheaton Precious Metals will post 4.73 earnings per share for the current fiscal year.

Wheaton Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were paid a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 19.70%.

Hedge Funds Weigh In On Wheaton Precious Metals

Several hedge funds have recently bought and sold shares of WPM. Legacy Wealth Asset Management LLC purchased a new stake in Wheaton Precious Metals in the second quarter worth $212,000. Allied Private Wealth LLC bought a new stake in shares of Wheaton Precious Metals during the second quarter worth $109,000. Assenagon Asset Management S.A. boosted its stake in shares of Wheaton Precious Metals by 9.0% during the second quarter. Assenagon Asset Management S.A. now owns 20,587 shares of the company’s stock valued at $2,315,000 after purchasing an additional 1,699 shares during the period. Fermata Advisors LLC boosted its stake in shares of Wheaton Precious Metals by 32.2% during the second quarter. Fermata Advisors LLC now owns 2,346 shares of the company’s stock valued at $264,000 after purchasing an additional 572 shares during the period. Finally, Harbor Investment Advisory LLC purchased a new stake in shares of Wheaton Precious Metals during the second quarter valued at $51,000. Institutional investors own 70.34% of the company’s stock.

More Wheaton Precious Metals News

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
• Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
• Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
• Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report

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.