Public Employees Retirement System of Ohio Decreases Holdings in Wheaton Precious Metals Corp. $WPM

Public Employees Retirement System of Ohio decreased its holdings in Wheaton Precious Metals Corp. (NYSE:WPM) by 8.1% in the first quarter, Holdings Channel reports. The fund owned 261,253 shares of the company’s stock after selling 23,145 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Wheaton Precious Metals were worth $34,186,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WPM. LBP AM SA increased its position in Wheaton Precious Metals by 632.2% during the fourth quarter. LBP AM SA now owns 119,855 shares of the company’s stock valued at $14,085,000 after acquiring an additional 103,485 shares during the last quarter. Moody Lynn & Lieberson LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at $2,052,000. Exchange Traded Concepts LLC lifted its holdings in shares of Wheaton Precious Metals by 16.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 216,652 shares of the company’s stock worth $25,461,000 after acquiring an additional 30,725 shares during the last quarter. J. Safra Sarasin Holding AG lifted its holdings in shares of Wheaton Precious Metals by 40.5% in the 4th quarter. J. Safra Sarasin Holding AG now owns 96,214 shares of the company’s stock worth $11,308,000 after acquiring an additional 27,729 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC boosted its stake in shares of Wheaton Precious Metals by 12.0% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 75,180 shares of the company’s stock worth $8,835,000 after purchasing an additional 8,068 shares during the period. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Wheaton Precious Metals Price Performance

Wheaton Precious Metals stock opened at $111.49 on Friday. The stock has a market cap of $50.63 billion, a price-to-earnings ratio of 28.15, a price-to-earnings-growth ratio of 1.98 and a beta of 0.55. Wheaton Precious Metals Corp. has a 1 year low of $90.39 and a 1 year high of $165.76. The firm has a 50-day moving average of $117.50 and a two-hundred day moving average of $131.65.

Wheaton Precious Metals (NYSE:WPM) last issued its earnings results on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The business had revenue of $901.47 million for the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.20%. The company’s quarterly revenue was up 91.7% compared to the same quarter last year. During the same period last year, the company posted $0.55 earnings per share. Research analysts expect that Wheaton Precious Metals Corp. will post 4.73 earnings per share for the current year.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th were issued a $0.195 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.7%. Wheaton Precious Metals’s payout ratio is presently 19.70%.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate to $4.71 from $4.65, implying slightly better near-term earnings momentum for Wheaton Precious Metals. Wheaton Precious Metals Free Report
• Positive Sentiment: The firm also raised FY2027 EPS to $5.13 from $4.88 and FY2028 EPS to $5.27 from $4.48, a meaningful boost to the company’s longer-term earnings outlook. Wheaton Precious Metals Free Report
• Positive Sentiment: Quarterly estimates were also nudged higher for several future periods, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, and Q1 2028, reinforcing a constructive analyst view on the stock. Wheaton Precious Metals Free Report
• Neutral Sentiment: Zacks trimmed its Q2 2026 EPS estimate slightly to $1.10 from $1.12, but the change is small and does not materially offset the broader series of upward revisions. Wheaton Precious Metals Free Report

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings downgraded shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. BMO Capital Markets started coverage on shares of Wheaton Precious Metals in a research note on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. Scotiabank dropped their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Royal Bank Of Canada cut their target price on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Finally, Bank of America cut their target price on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $161.09.

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.