Cumberland Partners Ltd bought a new position in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,750 shares of the company’s stock, valued at approximately $794,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. raised its position in shares of 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 buying an additional 130 shares in the last quarter. Navalign LLC purchased a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at $30,000. Root Financial Partners LLC purchased a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at $29,000. Eagle Bay Advisors LLC purchased a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at $32,000. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at $34,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.
Wheaton Precious Metals Stock Performance
WPM stock opened at $126.39 on Friday. Wheaton Precious Metals Corp. has a 52 week low of $84.46 and a 52 week high of $165.76. The firm’s fifty day moving average is $134.50 and its 200 day moving average is $129.47. The firm has a market cap of $57.39 billion, a P/E ratio of 31.92, a P/E/G ratio of 2.44 and a beta of 0.50.
Wheaton Precious Metals Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 19.70%.
More Wheaton Precious Metals News
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Zacks Research raised earnings estimates for several future periods, including FY2026, FY2027, and FY2028, signaling improved profit expectations for Wheaton Precious Metals. Wheaton Precious Metals ESG Push Tests Streaming Model Resilience
- Positive Sentiment: Higher quarterly EPS forecasts for 2026 and 2027 suggest analysts see continued operational strength and earnings momentum. Wheaton Shatters Records Without Digging A Single Mine
- Neutral Sentiment: Zacks still rates the stock Hold, so while earnings outlook improved, the firm is not turning outright bullish.
- Neutral Sentiment: Wheaton also recently highlighted its 2025 Sustainability Report and ESG commitments, which may support long-term investor sentiment but is not a direct near-term earnings driver. Wheaton Precious Metals ESG Push Tests Streaming Model Resilience
Analysts Set New Price Targets
WPM has been the topic of several research reports. TD Securities raised their price objective on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Zacks Research cut shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price objective on the stock in a research report on Friday, March 27th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Finally, Scotiabank raised their price objective on shares of Wheaton Precious Metals from $178.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Thirteen 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, Wheaton Precious Metals has an average rating of “Moderate Buy” and an average price target of $155.64.
Check Out Our Latest Report on WPM
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.
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