Wheaton Precious Metals (NYSE:WPM) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Wheaton Precious Metals (NYSE:WPM) announced its quarterly earnings results on Thursday. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.04, Zacks reports. The company had revenue of $878.00 million during the quarter, compared to analysts’ expectations of $879.29 million. Wheaton Precious Metals had a return on equity of 22.61% and a net margin of 64.66%.The firm’s quarterly revenue was up 84.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 earnings per share.

Wheaton Precious Metals Stock Up 7.4%

Shares of Wheaton Precious Metals stock traded up $9.21 during trading on Friday, reaching $134.51. The company’s stock had a trading volume of 3,447,007 shares, compared to its average volume of 1,730,116. Wheaton Precious Metals has a 52-week low of $90.94 and a 52-week high of $165.76. The company has a market cap of $61.09 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 2.25 and a beta of 0.55. The firm’s 50-day moving average is $115.15 and its two-hundred day moving average is $130.83.

Wheaton Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid a $0.195 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.78 annualized dividend and a yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is currently 19.70%.

Institutional Trading of Wheaton Precious Metals

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP purchased a new position in shares of Wheaton Precious Metals in the fourth quarter valued at about $34,000. Triumph Capital Management purchased a new stake in Wheaton Precious Metals in the 3rd quarter worth approximately $33,000. EFG International AG bought a new stake in shares of Wheaton Precious Metals in the 4th quarter worth approximately $54,000. Greenline Wealth Management LLC purchased a new position in shares of Wheaton Precious Metals during the fourth quarter valued at approximately $62,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Wheaton Precious Metals during the fourth quarter valued at approximately $63,000. Institutional investors own 70.34% of the company’s stock.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Second-quarter earnings beat expectations: Wheaton reported adjusted earnings of $1.19 per share, up from $0.63 a year earlier and ahead of the $1.15 analyst consensus. Revenue increased 84.7% year over year to approximately $878 million. Wheaton Precious Metals Q2 earnings and revenues surpass estimates
• Positive Sentiment: Record operating performance supports the streaming model: Management cited record year-to-date production, sales volumes, revenue, earnings and cash flow. Strong margins and cash generation are particularly favorable amid commodity-price volatility and cost pressures, while the company’s financial position provides flexibility for further growth investments. Wheaton Precious Metals announces second-quarter 2026 results
• Positive Sentiment: Dividend increased: Wheaton declared a quarterly dividend of $0.195 per share, an 18% increase from the comparable 2025 dividend. The payment is scheduled for September 3 for shareholders of record on August 20, implying an annualized payout of approximately $0.78 per share and a yield near 0.6%. Wheaton Precious Metals dividend declaration
• Neutral Sentiment: Revenue was broadly in line with expectations: Although the earnings result exceeded estimates, reported revenue of about $878 million was slightly below the consensus estimate of $879.29 million. Investors may therefore focus on production trends, metal prices and future streaming investments to assess whether the pace of growth can continue. Wheaton Precious Metals key metrics versus estimates

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WPM shares. Berenberg Bank set a $157.00 price target on shares of Wheaton Precious Metals in a research report on Tuesday, July 28th. Weiss Ratings cut Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Scotiabank decreased their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. UBS Group lowered their price target on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Finally, Bank of America dropped their price target on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $165.55.

About Wheaton Precious Metals

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.