Leigh Baldwin & CO. LLC Purchases New Holdings in Wheaton Precious Metals Corp. $WPM

Leigh Baldwin & CO. LLC acquired a new position in Wheaton Precious Metals Corp. (NYSE:WPM) during the 2nd quarter, HoldingsChannel reports. The fund acquired 3,962 shares of the company’s stock, valued at approximately $445,000.

Several other large investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Wheaton Precious Metals during the fourth quarter valued at approximately $864,977,000. BlackRock Inc. acquired a new stake in shares of Wheaton Precious Metals in the second quarter worth approximately $581,250,000. Deutsche Bank AG acquired a new stake in shares of Wheaton Precious Metals in the second quarter worth approximately $310,372,000. Arrowstreet Capital Limited Partnership boosted its stake in Wheaton Precious Metals by 40.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock worth $694,951,000 after purchasing an additional 1,715,540 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Wheaton Precious Metals during the 2nd quarter valued at about $189,082,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on WPM shares. Berenberg Bank set a $157.00 target price on Wheaton Precious Metals in a report on Tuesday, July 28th. Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Scotiabank decreased 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 note on Tuesday, July 14th. Royal Bank Of Canada cut their price objective on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Finally, Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and an average price target of $165.55.

Wheaton Precious Metals Price Performance

WPM stock opened at $157.80 on Monday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $71.67 billion, a PE ratio of 34.99, a P/E/G ratio of 2.79 and a beta of 0.55. Wheaton Precious Metals Corp. has a 12-month low of $92.57 and a 12-month high of $165.76. The business’s fifty day moving average price is $119.19 and its 200 day moving average price is $130.47.

Wheaton Precious Metals (NYSE:WPM) last announced its earnings results on Thursday, August 6th. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The company had revenue of $878.00 million during the quarter, compared to analysts’ expectations of $879.29 million. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.Wheaton Precious Metals’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same period last year, the business posted $0.63 EPS. On average, sell-side analysts anticipate that Wheaton Precious Metals Corp. will post 4.8 EPS for the current year.

Wheaton Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a dividend of $0.195 per share. This represents a $0.78 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Wheaton Precious Metals’s dividend payout ratio is presently 17.29%.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: Scotiabank maintained a positive outlook for Wheaton’s fiscal 2026 earnings, providing supportive analyst sentiment. Scotiabank Has Positive Estimate for WPM FY2026 Earnings
• Neutral Sentiment: Analysts published expectations for Wheaton’s fourth-quarter earnings, giving investors an updated benchmark ahead of the company’s results. The broader consensus remains approximately $4.80 in EPS for the current fiscal year. Equities Analysts Set Expectations for WPM Q4 Earnings
• Negative Sentiment: Zacks Research reduced its EPS forecasts across several future periods, including Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, and Q2 2027 to $1.10 from $1.13. It also cut Q3 2027 to $0.99 from $1.28 and Q4 2027 to $1.01 from $1.43.
• Negative Sentiment: Zacks lowered its full-year 2027 EPS forecast to $4.31 from $5.13 and its 2028 estimate to $4.62 from $5.27. These reductions point to more conservative expectations for Wheaton’s medium-term earnings growth, despite the company’s recent quarterly EPS beat and 84.7% year-over-year revenue increase.

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.