Varma Mutual Pension Insurance Co Invests $23.73 Million in Wheaton Precious Metals Corp. $WPM

Varma Mutual Pension Insurance Co purchased a new stake in Wheaton Precious Metals Corp. (NYSE:WPM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 211,058 shares of the company’s stock, valued at approximately $23,734,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WPM. AQR Capital Management LLC purchased a new stake in Wheaton Precious Metals in the 1st quarter valued at $331,000. Focus Partners Wealth increased its stake in shares of Wheaton Precious Metals by 10.7% in the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after acquiring an additional 1,081 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Wheaton Precious Metals in the 1st quarter worth $209,000. Sivia Capital Partners LLC purchased a new position in shares of Wheaton Precious Metals during the 2nd quarter worth $239,000. Finally, Rhumbline Advisers raised its holdings in shares of Wheaton Precious Metals by 28.3% during the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company’s stock worth $265,000 after acquiring an additional 652 shares during the period. Institutional investors and hedge funds own 70.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WPM. Royal Bank Of Canada dropped their price objective on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Jefferies Financial Group reduced their target price on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. Berenberg Bank set a $157.00 target price on shares of Wheaton Precious Metals in a research note on Tuesday, July 28th. UBS Group decreased their target price on shares of 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 shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Wheaton Precious Metals presently has a consensus rating of “Moderate Buy” and an average target price of $165.55.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: Production growth outlook supports the shares: Wheaton is targeting a roughly 30% increase in production in 2026, driven by the Antamina asset, project ramp-ups and broader portfolio growth. Meeting that target could increase streaming revenue and strengthen earnings momentum. Can Wheaton Precious Metals Meet Its Upbeat 2026 Production Guidance?
• Positive Sentiment: Scotiabank raised its forecast and maintained an outperform view: The bank increased its FY2026 EPS estimate to $4.83 from $4.74, above the $4.80 consensus, and kept a “Sector Outperform” rating with a $175 price target. Wheaton Precious Metals analyst coverage
• Positive Sentiment: Zacks Research made a modest upward revision to its Q4 2026 EPS forecast, to $1.19 from $1.18, indicating limited near-term improvement in expectations.
• Neutral Sentiment: The stock’s recent strength reflects investor interest in precious-metals exposure and Wheaton’s high-margin streaming model, but its elevated valuation leaves performance sensitive to commodity prices and changes in earnings expectations.
• Negative Sentiment: Zacks lowered estimates across several future periods: FY2027 EPS was cut to $4.31 from $5.13, FY2028 EPS to $4.62 from $5.27, Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, Q2 2027 to $1.10 from $1.13, Q3 2027 to $0.99 from $1.28, Q4 2027 to $1.01 from $1.43, and Q1 2028 to $1.19 from $1.41. These reductions signal softer projected earnings growth and are a headwind for the stock.

Wheaton Precious Metals Price Performance

NYSE:WPM opened at $157.80 on Friday. Wheaton Precious Metals Corp. has a 52 week low of $92.57 and a 52 week high of $165.76. The stock’s fifty day moving average is $119.19 and its two-hundred day moving average is $130.48. The company has a market capitalization of $71.67 billion, a P/E ratio of 34.99, a P/E/G ratio of 2.79 and a beta of 0.55. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The business 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 21.97% and a net margin of 64.66%.The company’s revenue was up 84.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 EPS. Equities analysts expect that Wheaton Precious Metals Corp. will post 4.8 EPS for the current year.

Wheaton Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.195 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is presently 17.29%.

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.