JPMorgan Chase & Co. Cuts Agnico Eagle Mines (NYSE:AEM) Price Target to $235.00

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) had its price objective decreased by JPMorgan Chase & Co. from $248.00 to $235.00 in a research note released on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the mining company’s stock.

Several other equities research analysts have also commented on AEM. Jefferies Financial Group set a $189.00 price target on shares of Agnico Eagle Mines in a report on Sunday, December 7th. Zacks Research downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Citigroup raised their target price on Agnico Eagle Mines from $198.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Canadian Imperial Bank of Commerce set a $296.00 price target on Agnico Eagle Mines and gave the company an “outperform” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada cut shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from $185.00 to $205.00 in a research note on Wednesday, December 10th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Agnico Eagle Mines presently has an average rating of “Moderate Buy” and a consensus target price of $234.91.

Agnico Eagle Mines Price Performance

NYSE AEM opened at $228.11 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.02 and a quick ratio of 1.31. The stock’s fifty day moving average price is $194.91 and its 200 day moving average price is $170.83. Agnico Eagle Mines has a 1 year low of $92.11 and a 1 year high of $229.09. The company has a market cap of $114.29 billion, a price-to-earnings ratio of 25.69, a PEG ratio of 0.52 and a beta of 0.63.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The company had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the firm posted $1.26 EPS. The firm’s revenue was up 60.3% compared to the same quarter last year. As a group, equities research analysts forecast that Agnico Eagle Mines will post 4.63 earnings per share for the current year.

Agnico Eagle Mines Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.80 annualized dividend and a yield of 0.8%. This is a boost from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s dividend payout ratio is currently 18.02%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ruggaard & Associates LLC grew its holdings in shares of Agnico Eagle Mines by 1.6% in the fourth quarter. Ruggaard & Associates LLC now owns 14,477 shares of the mining company’s stock valued at $2,454,000 after purchasing an additional 230 shares during the period. Mcguire Capital Advisors Inc. acquired a new position in Agnico Eagle Mines in the 4th quarter valued at about $117,000. Axxcess Wealth Management LLC boosted its holdings in Agnico Eagle Mines by 9.6% in the 4th quarter. Axxcess Wealth Management LLC now owns 5,840 shares of the mining company’s stock valued at $990,000 after purchasing an additional 511 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Agnico Eagle Mines by 17.9% in the 4th quarter. Corient Private Wealth LLC now owns 51,939 shares of the mining company’s stock valued at $8,805,000 after buying an additional 7,878 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Agnico Eagle Mines by 17.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 10,319 shares of the mining company’s stock worth $1,749,000 after buying an additional 1,514 shares during the last quarter. 68.34% of the stock is currently owned by institutional investors and hedge funds.

More Agnico Eagle Mines News

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

• Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
• Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
• Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
• Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
• Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?

Agnico Eagle Mines Company Profile

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.