3,347 Shares in Agnico Eagle Mines Limited $AEM Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. acquired a new position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 3,347 shares of the mining company’s stock, valued at approximately $493,000.

Several other hedge funds have also recently bought and sold shares of AEM. Brighton Jones LLC lifted its holdings in shares of Agnico Eagle Mines by 11.5% during the 4th quarter. Brighton Jones LLC now owns 3,216 shares of the mining company’s stock worth $252,000 after acquiring an additional 331 shares during the period. AQR Capital Management LLC increased its stake in Agnico Eagle Mines by 36.4% in the first quarter. AQR Capital Management LLC now owns 19,829 shares of the mining company’s stock valued at $2,150,000 after acquiring an additional 5,293 shares during the last quarter. Sivia Capital Partners LLC raised its position in Agnico Eagle Mines by 57.2% during the second quarter. Sivia Capital Partners LLC now owns 3,188 shares of the mining company’s stock valued at $379,000 after purchasing an additional 1,160 shares in the last quarter. Rhumbline Advisers raised its position in Agnico Eagle Mines by 8.0% during the second quarter. Rhumbline Advisers now owns 1,810 shares of the mining company’s stock valued at $215,000 after purchasing an additional 134 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Agnico Eagle Mines by 25.2% during the second quarter. EverSource Wealth Advisors LLC now owns 929 shares of the mining company’s stock valued at $110,000 after purchasing an additional 187 shares in the last quarter. 68.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on AEM. JPMorgan Chase & Co. raised their target price on Agnico Eagle Mines from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Scotiabank lowered their price target on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Citigroup dropped their price objective on Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Canadian Imperial Bank of Commerce set a $285.00 price objective on Agnico Eagle Mines in a research note on Thursday, July 16th. Finally, Zacks Research cut Agnico Eagle Mines from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Twelve investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $226.00.

Agnico Eagle Mines Price Performance

Shares of NYSE:AEM opened at $186.32 on Friday. The company has a market cap of $94.45 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 2.32 and a beta of 0.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 2.02. The firm has a 50 day simple moving average of $156.67 and a 200 day simple moving average of $187.05. Agnico Eagle Mines Limited has a one year low of $130.04 and a one year high of $255.24.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.16. The firm had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.78 billion. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The company’s quarterly revenue was up 35.0% on a year-over-year basis. During the same quarter last year, the business posted $1.94 earnings per share. Research analysts predict that Agnico Eagle Mines Limited will post 11.56 earnings per share for the current fiscal year.

Agnico Eagle Mines News Summary

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

• Positive Sentiment: Gold prices reached their highest level in more than two months on August 13, improving the outlook for large precious-metals producers. Higher bullion prices can increase Agnico Eagle’s realized prices and the value of its future production. Why Agnico Eagle Mines (AEM) Stock Is Up Today
• Positive Sentiment: Agnico Eagle’s second-quarter 2026 results highlighted record free cash flow of $1.335 billion, net income of $1.6 billion and operating cash flow of $2.144 billion. The company also returned $625 million to shareholders through dividends and share repurchases, reinforcing its leverage to elevated gold prices and its shareholder-return strategy.
• Positive Sentiment: Recent analyst targets remain above the stock’s referenced trading level, with a six-month median target of $210 and several targets ranging from $200 to $310. These targets suggest some analysts still see upside if gold prices and production remain supportive.
• Neutral Sentiment: Institutional positioning was mixed: 442 investors added shares while 616 reduced positions in their latest reported quarters. Large purchases by VanEck and JPMorgan were offset by sizable reductions from FMR, FIL, Arrowstreet and TD Asset Management.
• Negative Sentiment: Zacks Research lowered its EPS forecasts across late 2026, 2027 and early 2028, including reducing its FY2026 estimate to $11.65 from $12.79 and FY2027 to $10.62 from $12.82. Zacks maintained a “Strong Sell” rating, signaling concern about future earnings momentum.
• Negative Sentiment: A July 1 wall movement at the Barnat pit reduced production expectations toward the low end of Agnico Eagle’s 2026 guidance. Although there were no injuries, Odyssey’s outlook was unchanged and stockpiles are mitigating the impact, the event remains a production risk.

About Agnico Eagle Mines

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.