Wheaton Precious Metals (WPM) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Wheaton Precious Metals (NYSE: WPM) in the last few weeks:

• 4/23/2025 – Wheaton Precious Metals had its “outperform” rating reaffirmed by analysts at National Bankshares, Inc..
• 4/16/2025 – Wheaton Precious Metals is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $129.00 price target on the stock.
• 4/15/2025 – Wheaton Precious Metals was upgraded by analysts at BMO Capital Markets to a “strong-buy” rating.
• 4/15/2025 – Wheaton Precious Metals had its price target raised by analysts at Raymond James from $88.00 to $90.00. They now have an “outperform” rating on the stock.
• 4/14/2025 – Wheaton Precious Metals had its price target raised by analysts at Scotiabank from $79.00 to $87.00. They now have a “sector outperform” rating on the stock.
• 4/11/2025 – Wheaton Precious Metals had its price target raised by analysts at UBS Group AG from $78.00 to $89.00. They now have a “buy” rating on the stock.
• 4/4/2025 – Wheaton Precious Metals had its price target raised by analysts at Royal Bank of Canada from $75.00 to $80.00. They now have a “sector perform” rating on the stock.
• 4/4/2025 – Wheaton Precious Metals had its price target raised by analysts at Raymond James from $75.00 to $88.00. They now have an “outperform” rating on the stock.
• 3/17/2025 – Wheaton Precious Metals had its price target raised by analysts at Scotiabank from $78.00 to $79.00. They now have a “sector outperform” rating on the stock.

Wheaton Precious Metals Stock Up 0.5 %

NYSE:WPM opened at $82.07 on Tuesday. The company has a market capitalization of $37.24 billion, a P/E ratio of 61.25, a P/E/G ratio of 1.91 and a beta of 0.74. Wheaton Precious Metals Corp. has a 52 week low of $51.80 and a 52 week high of $87.42. The stock’s fifty day moving average is $75.33 and its two-hundred day moving average is $66.59.

Wheaton Precious Metals (NYSE:WPM) last posted its earnings results on Thursday, March 13th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The company had revenue of $380.52 million during the quarter, compared to analyst estimates of $395.74 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.36 EPS. Sell-side analysts anticipate that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current fiscal year.

Wheaton Precious Metals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were given a $0.165 dividend. This is a positive change from Wheaton Precious Metals’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.66 dividend on an annualized basis and a yield of 0.80%. Wheaton Precious Metals’s payout ratio is presently 56.90%.

Institutional Trading of Wheaton Precious Metals

A number of institutional investors and hedge funds have recently bought and sold shares of WPM. Versant Capital Management Inc purchased a new position in Wheaton Precious Metals in the fourth quarter valued at $29,000. Promus Capital LLC purchased a new position in shares of Wheaton Precious Metals in the 4th quarter valued at about $32,000. NBT Bank N A NY grew its position in shares of Wheaton Precious Metals by 129.3% during the first quarter. NBT Bank N A NY now owns 415 shares of the company’s stock worth $32,000 after buying an additional 234 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Wheaton Precious Metals in the fourth quarter worth approximately $38,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Wheaton Precious Metals in the 4th quarter valued at $39,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.