WNY Asset Management LLC Acquires Shares of 7,209 Wheaton Precious Metals Corp. $WPM

WNY Asset Management LLC acquired a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,209 shares of the company’s stock, valued at approximately $944,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. grew its stake in shares of Wheaton Precious Metals by 144.4% in the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after acquiring an additional 130 shares in the last quarter. Harvest Fund Management Co. Ltd increased its position in Wheaton Precious Metals by 100.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock worth $27,000 after acquiring an additional 117 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new stake in Wheaton Precious Metals in the 4th quarter worth about $28,000. Cornerstone Planning Group LLC raised its stake in Wheaton Precious Metals by 245.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after purchasing an additional 162 shares in the last quarter. Finally, Navalign LLC bought a new stake in Wheaton Precious Metals in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 70.34% of the company’s stock.

Analyst Ratings Changes

WPM has been the topic of a number of analyst reports. UBS Group decreased their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Jefferies Financial Group dropped their price target on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Berenberg Bank set a $157.00 price target on Wheaton Precious Metals in a research note on Tuesday. Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Finally, Scotiabank reduced their price target on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $165.55.

Wheaton Precious Metals Stock Down 3.8%

WPM stock opened at $109.06 on Friday. Wheaton Precious Metals Corp. has a 52 week low of $90.94 and a 52 week high of $165.76. The business has a 50-day simple moving average of $115.87 and a 200 day simple moving average of $131.19. The company has a market cap of $49.53 billion, a PE ratio of 27.54, a price-to-earnings-growth ratio of 2.10 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The firm had revenue of $901.47 million for the quarter, compared to the consensus estimate of $868.35 million. During the same period in the prior year, the company posted $0.55 earnings per share. The business’s revenue for the quarter was up 91.7% on a year-over-year basis. On average, analysts anticipate that Wheaton Precious Metals Corp. will post 4.62 EPS for the current fiscal year.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were issued a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio is 19.70%.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: WPM is expected to deliver earnings growth in its upcoming report, and Zacks says the company has the factors associated with a likely earnings beat. The outlook supports the investment case for its high-margin precious-metals streaming model. Wheaton Precious Metals Corp. Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: A comparison with Archer Aviation highlights Wheaton’s lower-overhead business model and direct exposure to gold and silver prices, which may appeal to investors seeking precious-metals exposure without operating-mining risk. Archer Aviation vs. Wheaton Precious Metals
• Neutral Sentiment: WPM’s upcoming results are becoming the key near-term catalyst. The company previously reported strong revenue and earnings growth, but investors will focus on whether the new quarter meets elevated expectations and confirms its growth trajectory.
• Negative Sentiment: Edison Investment Research lowered its WPM EPS forecasts substantially: Q3 2026 to $0.89 from $1.38, Q4 to $1.00 from $1.56, and full-year 2026 to $4.32 from $5.61. The full-year estimate is also below consensus forecasts of roughly $4.62-$4.73, creating a negative earnings-expectations overhang. Edison Investment Research Has Bearish Forecast for WPM Q2 Earnings
• Negative Sentiment: The recent weakness in WPM shares, along with trading below its 50-day and 200-day moving averages, suggests that investors may be taking profits or reducing exposure while awaiting earnings clarity.

About Wheaton Precious Metals

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.