Explore Capital Management LLC Boosts Stake in Agnico Eagle Mines Limited $AEM

Explore Capital Management LLC boosted its stake in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 26.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,400 shares of the mining company’s stock after purchasing an additional 7,400 shares during the quarter. Agnico Eagle Mines comprises 3.7% of Explore Capital Management LLC’s holdings, making the stock its 13th largest holding. Explore Capital Management LLC’s holdings in Agnico Eagle Mines were worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in Agnico Eagle Mines by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 20,669,949 shares of the mining company’s stock worth $3,481,382,000 after buying an additional 252,043 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Agnico Eagle Mines by 5.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock valued at $1,974,242,000 after acquiring an additional 602,489 shares during the period. Mackenzie Financial Corp boosted its holdings in Agnico Eagle Mines by 1.9% in the second quarter. Mackenzie Financial Corp now owns 8,778,276 shares of the mining company’s stock valued at $1,046,468,000 after purchasing an additional 160,650 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Agnico Eagle Mines by 38.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 8,296,796 shares of the mining company’s stock worth $987,398,000 after acquiring an additional 2,319,131 shares during the period. Finally, Norges Bank acquired a new stake in shares of Agnico Eagle Mines during the 2nd quarter worth approximately $938,644,000. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Stock Up 1.6%

Shares of AEM opened at $228.11 on Friday. The stock has a 50 day moving average price of $194.91 and a 200 day moving average price of $171.09. Agnico Eagle Mines Limited has a one year low of $92.11 and a one year high of $229.09. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.02. The stock has a market capitalization of $114.29 billion, a price-to-earnings ratio of 25.69, a PEG ratio of 0.53 and a beta of 0.63.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings data on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.13. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.40 billion. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The firm’s revenue for the quarter was up 60.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Equities research analysts forecast that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.45 dividend. This is a positive change from Agnico Eagle Mines’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Agnico Eagle Mines’s dividend payout ratio is 18.02%.

Agnico Eagle Mines News Roundup

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
• Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
• Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
• Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
• Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AEM shares. Wall Street Zen cut Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Scotiabank reissued an “outperform” rating and issued a $280.00 price objective on shares of Agnico Eagle Mines in a report on Tuesday. Erste Group Bank cut Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Weiss Ratings downgraded Agnico Eagle Mines from a “buy (a-)” rating to a “buy (b)” rating in a research note on Monday, January 12th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $225.00 price target on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $234.91.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.

Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.