Wheaton Precious Metals Corp. (NYSE:WPM) Given Consensus Rating of “Buy” by Analysts

Shares of Wheaton Precious Metals Corp. (NYSE:WPM) have earned a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, ten have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $140.4444.

Several equities analysts recently weighed in on the stock. Scotiabank restated an “outperform” rating and set a $175.00 target price on shares of Wheaton Precious Metals in a report on Monday. Raymond James Financial raised their price objective on Wheaton Precious Metals from $114.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 10th. Bank of America upped their target price on Wheaton Precious Metals from $127.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Wall Street Zen upgraded Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. Finally, CIBC raised their target price on Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a report on Friday, October 10th.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: Zacks Research upgraded WPM from a “hold” to a “strong-buy” and materially raised near‑term and multi‑year EPS forecasts — including lifts to Q1 2026, several quarterly 2026–2027 estimates and FY2026/FY2027 (FY2026 to ~$3.25 from ~$3.01; FY2027 to ~$3.26 from ~$3.04). This signals analysts expect stronger cash flow/earnings ahead and is a constructive fundamental read on the company. Zacks Research Note
• Neutral Sentiment: Although the Zacks notes are positive, none of the supplied items explain the intraday share weakness. That suggests the price decline is likely being driven by other, non‑covered factors (examples to check: moves in silver/gold/commodity prices, sector rotation or broader market weakness, profit‑taking after the recent run‑up, or short‑term technical/volume dynamics). These drivers are not mentioned in the Zacks releases provided.

Wheaton Precious Metals Stock Performance

Shares of NYSE:WPM opened at $131.67 on Friday. Wheaton Precious Metals has a 1 year low of $62.01 and a 1 year high of $160.36. The stock has a 50-day simple moving average of $122.77 and a 200-day simple moving average of $108.22. The stock has a market capitalization of $59.78 billion, a P/E ratio of 59.85, a PEG ratio of 1.39 and a beta of 0.52.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. Wheaton Precious Metals had a net margin of 54.72% and a return on equity of 13.32%. The firm had revenue of $476.26 million for the quarter, compared to analysts’ expectations of $495.53 million. During the same period in the previous year, the company posted $0.34 earnings per share. Wheaton Precious Metals’s revenue was up 54.5% compared to the same quarter last year. Analysts predict that Wheaton Precious Metals will post 1.46 earnings per share for the current year.

Wheaton Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were paid a dividend of $0.165 per share. The ex-dividend date was Thursday, November 20th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 30.00%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently added to or reduced their stakes in WPM. AQR Capital Management LLC bought a new stake in shares of Wheaton Precious Metals in the first quarter worth $331,000. Focus Partners Wealth grew its holdings in Wheaton Precious Metals by 10.7% during the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after acquiring an additional 1,081 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Wheaton Precious Metals in the 1st quarter worth about $209,000. Sivia Capital Partners LLC acquired a new stake in shares of Wheaton Precious Metals in the 2nd quarter valued at about $239,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Wheaton Precious Metals by 13.3% during the second quarter. Janney Montgomery Scott LLC now owns 46,510 shares of the company’s stock worth $4,177,000 after purchasing an additional 5,467 shares during the last quarter. 70.34% of the stock is owned by institutional investors and hedge funds.

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.