64,372 Shares in Agnico Eagle Mines Limited $AEM Acquired by Old West Investment Management LLC

Old West Investment Management LLC bought a new position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 64,372 shares of the mining company’s stock, valued at approximately $9,986,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital World Investors boosted its holdings in Agnico Eagle Mines by 2.8% in the fourth quarter. Capital World Investors now owns 21,338,277 shares of the mining company’s stock valued at $3,618,730,000 after purchasing an additional 572,473 shares during the period. Vanguard Group Inc. grew its stake in Agnico Eagle Mines by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 20,979,666 shares of the mining company’s stock worth $3,557,772,000 after purchasing an additional 309,717 shares in the last quarter. Van ECK Associates Corp increased its holdings in Agnico Eagle Mines by 21.6% during the 4th quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock worth $2,920,258,000 after purchasing an additional 3,062,705 shares during the period. TD Asset Management Inc increased its holdings in Agnico Eagle Mines by 1.7% during the 4th quarter. TD Asset Management Inc now owns 9,665,456 shares of the mining company’s stock worth $1,641,239,000 after purchasing an additional 165,263 shares during the period. Finally, Mackenzie Financial Corp raised its position in Agnico Eagle Mines by 4.0% in the 4th quarter. Mackenzie Financial Corp now owns 8,687,624 shares of the mining company’s stock valued at $1,489,509,000 after purchasing an additional 332,797 shares in the last quarter. Hedge funds and other institutional investors own 68.34% of the company’s stock.

Trending Headlines about Agnico Eagle Mines

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.

Agnico Eagle Mines Stock Down 0.1%

Shares of NYSE AEM opened at $186.32 on Monday. The company has a market capitalization of $94.45 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 2.32 and a beta of 0.61. 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 business has a 50-day moving average of $156.67 and a two-hundred day moving average of $186.84. Agnico Eagle Mines Limited has a 1 year low of $130.04 and a 1 year high of $255.24.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings data on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%.The business had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the firm posted $1.94 EPS. The business’s quarterly revenue was up 35.0% compared to the same quarter last year. On average, analysts forecast that Agnico Eagle Mines Limited will post 11.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AEM has been the subject of several recent research reports. TD lifted their price objective on Agnico Eagle Mines from $251.00 to $252.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Zacks Research cut shares of Agnico Eagle Mines from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. ATB Cormark Capital Markets upgraded shares of Agnico Eagle Mines from a “hold” rating to an “outperform” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Agnico Eagle Mines from $175.00 to $179.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Finally, Barclays lowered their price target on shares of Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Twelve equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Agnico Eagle Mines has an average rating of “Moderate Buy” and an average price target of $226.00.

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.