Lombard Odier Asset Management USA Corp Trims Stake in Wheaton Precious Metals Corp. $WPM

Lombard Odier Asset Management USA Corp lowered its position in Wheaton Precious Metals Corp. (NYSE:WPM) by 37.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,063 shares of the company’s stock after selling 10,935 shares during the period. Lombard Odier Asset Management USA Corp’s holdings in Wheaton Precious Metals were worth $2,020,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WPM. TD Waterhouse Canada Inc. boosted its holdings in shares of Wheaton Precious Metals by 9.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 809,093 shares of the company’s stock valued at $89,886,000 after buying an additional 69,496 shares in the last quarter. J. Safra Sarasin Holding AG grew its position in shares of Wheaton Precious Metals by 38.5% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 68,485 shares of the company’s stock worth $7,659,000 after buying an additional 19,050 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Wheaton Precious Metals in the 3rd quarter worth about $11,355,000. West Family Investments Inc. bought a new position in shares of Wheaton Precious Metals in the 2nd quarter worth about $247,000. Finally, Norges Bank purchased a new position in Wheaton Precious Metals during the 2nd quarter valued at about $656,463,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Key Wheaton Precious Metals News

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

• Positive Sentiment: Record FY2025 revenue and cash flow as production and GEO output beat the company’s view, supporting stronger free cash flow and underlying growth narrative. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
• Positive Sentiment: Stifel Canada maintained its Buy rating and kept its C$240 price target, signaling continued analyst confidence after the quarter. Wheaton Precious Metals Maintained at Buy at Stifel Canada Following Q4 Results; Price Target Kept at C$240.00
• Positive Sentiment: Scotiabank raised its price target from $175 to $178 and keeps a “sector outperform” view, implying meaningful upside vs. current levels. Scotiabank price target raise
• Positive Sentiment: TD Securities and TD Cowen each nudged price targets to $165 and maintained Buy ratings, reinforcing buy-side momentum from multiple research desks. TD Securities / TD Cowen price target moves
• Positive Sentiment: Scotiabank published a strong FY2025 earnings forecast for WPM, adding another institutional vote of confidence for earnings power going forward. Scotiabank Has Strong Forecast for WPM FY2025 Earnings
• Neutral Sentiment: Quarterly results also noted higher costs that affected margins in the quarter — a reminder that cost pressure could moderate near-term profitability even as top-line and cash flow improved. Should WPM Stock Be Part of Your Portfolio Post Q4 Results? (Zacks)

Wheaton Precious Metals Stock Down 0.5%

Shares of NYSE WPM opened at $139.22 on Tuesday. The firm has a market cap of $63.21 billion, a P/E ratio of 42.97, a PEG ratio of 2.09 and a beta of 0.50. Wheaton Precious Metals Corp. has a twelve month low of $68.03 and a twelve month high of $165.76. The company has a 50 day moving average of $143.28 and a 200 day moving average of $119.95.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, March 12th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $0.91 by $0.31. The business had revenue of $864.71 million for the quarter, compared to the consensus estimate of $719.59 million. Wheaton Precious Metals had a return on equity of 17.69% and a net margin of 63.58%.The company’s revenue was up 127.3% compared to the same quarter last year. During the same period last year, the business posted $0.44 EPS. As a group, equities analysts expect that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current fiscal year.

Wheaton Precious Metals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is currently 20.37%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on WPM shares. Zacks Research lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. TD Securities raised their target price on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research note on Monday. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $115.00 to $130.00 in a report on Wednesday, December 10th. Wall Street Zen raised Wheaton Precious Metals from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Scotiabank upped their price target on Wheaton Precious Metals from $175.00 to $178.00 and gave the stock a “sector outperform” rating in a research note on Monday. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $145.18.

Wheaton Precious Metals 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.