Wheaton Precious Metals (NYSE:WPM) Posts Earnings Results

Wheaton Precious Metals (NYSE:WPM) announced its quarterly earnings results on Thursday. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04, Zacks reports. Wheaton Precious Metals had a net margin of 65.55% and a return on equity of 20.87%. The business had revenue of $901.47 million during the quarter, compared to analysts’ expectations of $868.35 million. During the same period last year, the business earned $0.55 earnings per share. The business’s revenue for the quarter was up 91.7% on a year-over-year basis.

Wheaton Precious Metals Stock Up 5.6%

Wheaton Precious Metals stock traded up $7.43 during trading on Friday, reaching $138.99. The stock had a trading volume of 2,976,946 shares, compared to its average volume of 2,218,524. Wheaton Precious Metals has a 52-week low of $75.42 and a 52-week high of $165.76. The business has a 50 day moving average price of $138.97 and a 200 day moving average price of $126.88. The stock has a market cap of $63.12 billion, a PE ratio of 35.10, a P/E/G ratio of 2.68 and a beta of 0.50.

Wheaton Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Investors of record on Wednesday, May 27th will be paid a $0.195 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. Wheaton Precious Metals’s payout ratio is currently 24.07%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd raised its position in Wheaton Precious Metals by 1,655.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,245,766 shares of the company’s stock valued at $139,333,000 after purchasing an additional 1,174,799 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Wheaton Precious Metals by 2,621.8% in the 4th quarter. AQR Capital Management LLC now owns 903,678 shares of the company’s stock valued at $106,239,000 after purchasing an additional 870,476 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Wheaton Precious Metals by 9.4% in the fourth quarter. Bank of Montreal Can now owns 7,061,090 shares of the company’s stock valued at $830,134,000 after purchasing an additional 605,415 shares during the period. Bank of America Corp DE lifted its holdings in shares of Wheaton Precious Metals by 12.8% during the second quarter. Bank of America Corp DE now owns 4,481,459 shares of the company’s stock worth $402,435,000 after purchasing an additional 507,577 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Wheaton Precious Metals by 17.2% during the fourth quarter. Invesco Ltd. now owns 2,474,126 shares of the company’s stock worth $290,759,000 after purchasing an additional 363,699 shares during the period. Hedge funds and other institutional investors own 70.34% of the company’s stock.

More Wheaton Precious Metals News

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

• Positive Sentiment: Wheaton Precious Metals reported record quarterly revenue, earnings and cash flow, signaling strong operating momentum and better-than-expected performance across key assets. Record Revenue, Earnings and Cash Flow Press Release
• Positive Sentiment: The company beat Wall Street estimates on both earnings and revenue, with EPS of $1.28 versus expectations around $1.24 to $1.15 depending on the source, which supports investor enthusiasm. Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the prior-year quarterly dividend, reinforcing the company’s cash-generation story. Dividend Declaration
• Positive Sentiment: Management announced the Antamina silver stream with BHP, described as the largest transaction in Wheaton’s history, which could expand future production and growth visibility. Q1 2026 Earnings Transcript
• Neutral Sentiment: Earlier commentary noted that the stock had already seen strong recent momentum heading into the earnings release, so part of the move may reflect existing bullish sentiment rather than the quarter alone. Valuation After Share Price Momentum

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WPM shares. BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a research report on Thursday, April 9th. They set an “outperform” rating and a $240.00 price target for the company. TD Securities increased their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Zacks Research lowered Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Scotiabank lifted their price objective 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. Finally, TD Cowen lifted their price objective 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. Thirteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $155.45.

Wheaton Precious Metals Company 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.