Rep. Brian Babin Sells Off Shares of Wheaton Precious Metals Corp. (NYSE:WPM)

Representative Brian Babin (Republican-Texas) recently sold shares of Wheaton Precious Metals Corp. (NYSE:WPM). In a filing disclosed on May 18th, the Representative disclosed that they had sold between $15,001 and $50,000 in Wheaton Precious Metals stock on May 5th. The trade occurred in the Representative’s “UBS SEP IRA” account.

Representative Brian Babin also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Westshore Terminals Investment (OTCMKTS:WTSHF) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Compass Diversified (NYSE:CODI) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of FTAI Infrastructure (NASDAQ:FIP) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of South32 (OTCMKTS:SOUHY) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Range Resources (NYSE:RRC) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Enbridge (NYSE:ENB) on 5/5/2026.
• Sold $15,001 – $50,000 in shares of Huntington Ingalls Industries (NYSE:HII) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Woodside Energy Group (NYSE:WDS) on 5/5/2026.
• Sold $50,001 – $100,000 in shares of FTAI Aviation (NASDAQ:FTAI) on 5/5/2026.

Wheaton Precious Metals Stock Down 4.2%

NYSE:WPM opened at $123.99 on Wednesday. Wheaton Precious Metals Corp. has a 52 week low of $79.93 and a 52 week high of $165.76. The stock has a market capitalization of $56.30 billion, a PE ratio of 31.31, a price-to-earnings-growth ratio of 2.50 and a beta of 0.50. The stock’s 50-day moving average price is $135.84 and its 200-day moving average price is $129.07.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The company had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. During the same period last year, the company earned $0.55 earnings per share. Wheaton Precious Metals’s quarterly revenue was up 91.7% compared to the same quarter last year. Sell-side analysts expect that Wheaton Precious Metals Corp. will post 4.87 earnings per share for the current fiscal year.

Wheaton Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.195 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 19.70%.

Analysts Set New Price Targets

Several brokerages have commented on WPM. Scotiabank raised their price objective on Wheaton Precious Metals from $178.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. TD Securities upped their price objective on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a research report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 target price on the stock. UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price on the stock in a research report on Friday, March 27th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Thirteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $155.64.

Institutional Investors Weigh In On Wheaton Precious Metals

Hedge funds have recently modified their holdings of the business. TD Waterhouse Canada Inc. grew its holdings in shares of Wheaton Precious Metals by 9.4% in the third quarter. TD Waterhouse Canada Inc. now owns 809,093 shares of the company’s stock valued at $89,886,000 after purchasing an additional 69,496 shares during the period. J. Safra Sarasin Holding AG grew its holdings in shares of Wheaton Precious Metals by 38.5% in the third quarter. J. Safra Sarasin Holding AG now owns 68,485 shares of the company’s stock valued at $7,659,000 after purchasing an additional 19,050 shares during the period. Varma Mutual Pension Insurance Co grew its holdings in shares of Wheaton Precious Metals by 8.5% in the third quarter. Varma Mutual Pension Insurance Co now owns 207,358 shares of the company’s stock valued at $23,210,000 after purchasing an additional 16,300 shares during the period. TD Asset Management Inc grew its holdings in shares of Wheaton Precious Metals by 3.5% in the third quarter. TD Asset Management Inc now owns 7,252,054 shares of the company’s stock valued at $811,726,000 after purchasing an additional 244,027 shares during the period. Finally, Mediolanum International Funds Ltd boosted its stake in Wheaton Precious Metals by 35.6% during the third quarter. Mediolanum International Funds Ltd now owns 72,970 shares of the company’s stock worth $8,063,000 after buying an additional 19,159 shares during the period. 70.34% of the stock is currently owned by institutional investors and hedge funds.

About Representative Babin

Brian Babin (Republican Party) is a member of the U.S. House, representing Texas’ 36th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Babin (Republican Party) is running for re-election to the U.S. House to represent Texas’ 36th Congressional District. He declared candidacy for the 2026 election.

Babin is a member of the House Transportation and Infrastructure Committee and the House Committee on Science, Space, and Technology.

Babin served in the United States Air Force as a captain from 1975 to 1979. While serving, he earned his B.S. in biology from Lamar University in 1973. He then enrolled in dental school at the University of Texas and graduated with his D.D.S. in 1976. He has been engaged in general dental practice since 1979.

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.