Generali Asset Management SPA SGR lowered its stake in shares of Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 318,297 shares of the company’s stock after selling 8,371 shares during the period. Wheaton Precious Metals comprises about 0.8% of Generali Asset Management SPA SGR’s investment portfolio, making the stock its 22nd biggest holding. Generali Asset Management SPA SGR’s holdings in Wheaton Precious Metals were worth $40,402,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at $26,000. Assetmark Inc. boosted its stake in shares of Wheaton Precious Metals by 144.4% during the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at $29,000. Eagle Bay Advisors LLC acquired a new stake in shares of Wheaton Precious Metals during the 4th quarter valued at $32,000. Finally, Triumph Capital Management acquired a new stake in shares of Wheaton Precious Metals during the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 70.34% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the stock. TD Cowen raised their price target on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Scotiabank raised their price target on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the company a “sector outperform” rating in a report on Monday, March 16th. TD Securities raised their price target on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. Zacks Research downgraded shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, BMO Capital Markets assumed coverage on shares of Wheaton Precious Metals in a report on Thursday, April 9th. They set an “outperform” rating and a $240.00 price target on the stock. Thirteen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $155.45.
Wheaton Precious Metals Trading Down 2.5%
Wheaton Precious Metals stock opened at $131.21 on Friday. The company has a market capitalization of $59.58 billion, a P/E ratio of 40.50, a P/E/G ratio of 2.59 and a beta of 0.50. The firm’s fifty day simple moving average is $138.97 and its 200-day simple moving average is $126.88. Wheaton Precious Metals Corp. has a 1-year low of $75.42 and a 1-year high of $165.76.
Wheaton Precious Metals (NYSE:WPM – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.17%. The firm’s revenue was up 91.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.55 EPS. On average, equities research analysts predict that Wheaton Precious Metals Corp. will post 4.88 earnings per share for the current year.
Wheaton Precious Metals Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Tuesday, March 31st were issued a $0.195 dividend. This is a boost from Wheaton Precious Metals’s previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, March 31st. This represents a $0.78 annualized dividend and a yield of 0.6%. Wheaton Precious Metals’s payout ratio is 24.07%.
Wheaton Precious Metals News Summary
Here are the key news stories impacting Wheaton Precious Metals this week:
- Positive Sentiment: Company reported record quarterly revenue, earnings and cash flow; management said Salobo and Peñasquito outperformed expectations and cited expanded growth through recent streaming deals (Antamina with BHP and first Australian stream with KGL), which strengthen Wheaton’s long‑term cash‑flow pipeline. Wheaton Precious Metals Announces Record Revenue, Earnings and Cash Flow for the First Quarter of 2026
- Positive Sentiment: Q1 adjusted profit doubled year‑over‑year and reported EPS of $1.28 topped consensus ($1.22); strong margins (net margin ~63.6%) underline high cash conversion and support valuation. The beat and strong metrics triggered positive after‑hours moves. Wheaton Precious Metals Q1 Adjusted Profit More Than Doubles, Revenue Hits a Record
- Positive Sentiment: Board declared a quarterly cash dividend of US$0.195 per common share (an 18% increase vs. the same quarter in 2025), payable June 9 — a clear signal of management confidence in free cash flow and attractive to income-focused investors. DIVIDEND DECLARATION – Wheaton Precious Metals Announces Quarterly Dividend
- Neutral Sentiment: Analyses note strong recent share momentum (double‑digit YTD and large one‑day moves) and discuss valuation after that run — useful for investors weighing momentum vs. stretched multiples. Assessing Wheaton Precious Metals (TSX:WPM) Valuation After Strong Recent Share Price Momentum
- Neutral Sentiment: Short updates and market commentary (e.g., coverage pieces and MarketWatch notes) have highlighted recent outperformance versus the market and analyst scorecards — these shape sentiment but don’t change fundamentals immediately. Wheaton Precious Metals Corp. stock rises Tuesday, outperforms market
- Negative Sentiment: Despite strong fundamentals and a dividend hike, the stock showed intraday weakness and elevated volume earlier in the session — suggesting some profit‑taking or rotation after recent gains; that can pressure near‑term price action even with positive news flow.
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.
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