Prospera Financial Services Inc Lowers Holdings in Wheaton Precious Metals Corp. $WPM

Prospera Financial Services Inc lessened its stake in Wheaton Precious Metals Corp. (NYSE:WPM) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,225 shares of the company’s stock after selling 16,261 shares during the quarter. Prospera Financial Services Inc’s holdings in Wheaton Precious Metals were worth $7,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Assetmark Inc. raised its position in shares of Wheaton Precious Metals by 144.4% in the 4th quarter. Assetmark Inc. now owns 220 shares of the company’s stock worth $26,000 after purchasing an additional 130 shares during the last quarter. Navalign LLC purchased a new position in shares of Wheaton Precious Metals in the 4th quarter worth about $30,000. Root Financial Partners LLC purchased a new position in shares of Wheaton Precious Metals in the 3rd quarter worth about $29,000. Eagle Bay Advisors LLC purchased a new position in shares of Wheaton Precious Metals in the 4th quarter worth about $32,000. Finally, Aventura Private Wealth LLC purchased a new position in shares of Wheaton Precious Metals in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Trending Headlines about Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research boosted its earnings forecasts across several periods, including FY2026, FY2027, and FY2028, suggesting stronger long-term profitability expectations for Wheaton Precious Metals. Wheaton Precious Metals analyst update
• Positive Sentiment: The biggest revisions were notably higher estimates for FY2026 EPS to $4.50, FY2027 EPS to $4.74, and FY2028 EPS to $4.09, which supports the view that earnings power remains solid. Wheaton Precious Metals earnings estimate revision
• Neutral Sentiment: Despite the improved forecasts, Zacks Research maintained a Hold rating, indicating the new estimates were not strong enough to warrant a more bullish stance. Wheaton Precious Metals hold rating

Wall Street Analysts Forecast Growth

WPM has been the subject of several recent analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. UBS Group raised Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price for the company in a research report on Friday, March 27th. BMO Capital Markets started coverage on Wheaton Precious Metals in a research report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 target price for the company. TD Securities boosted their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Finally, TD Cowen boosted their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Thirteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $155.64.

Wheaton Precious Metals Stock Performance

Shares of NYSE:WPM opened at $126.39 on Monday. Wheaton Precious Metals Corp. has a fifty-two week low of $84.46 and a fifty-two week high of $165.76. The business has a 50-day simple moving average of $134.50 and a two-hundred day simple moving average of $129.70. The firm has a market cap of $57.39 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 2.44 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, May 7th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The business had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. During the same quarter in the previous year, the firm earned $0.55 EPS. Wheaton Precious Metals’s revenue was up 91.7% on a year-over-year basis. As a group, research analysts predict that Wheaton Precious Metals Corp. will post 4.97 earnings per share for the current year.

Wheaton Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is currently 19.70%.

Wheaton Precious Metals 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.