Wheaton Precious Metals Corp. $WPM Position Reduced by Keybank National Association OH

Keybank National Association OH trimmed its position in Wheaton Precious Metals Corp. (NYSE:WPM) by 10.3% in the third quarter, HoldingsChannel.com reports. The firm owned 265,017 shares of the company’s stock after selling 30,555 shares during the quarter. Keybank National Association OH’s holdings in Wheaton Precious Metals were worth $29,639,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new stake in shares of Wheaton Precious Metals in the third quarter valued at $26,000. Delta Asset Management LLC TN bought a new stake in Wheaton Precious Metals in the second quarter worth about $27,000. Root Financial Partners LLC acquired a new stake in Wheaton Precious Metals in the 3rd quarter valued at about $29,000. City State Bank boosted its position in shares of Wheaton Precious Metals by 40.0% during the 2nd quarter. City State Bank now owns 560 shares of the company’s stock valued at $50,000 after purchasing an additional 160 shares in the last quarter. Finally, Pacifica Partners Inc. boosted its holdings in Wheaton Precious Metals by 27.8% during the third quarter. Pacifica Partners Inc. now owns 460 shares of the company’s stock worth $51,000 after buying an additional 100 shares in the last quarter. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Wheaton Precious Metals Price Performance

WPM opened at $131.67 on Friday. The company has a market capitalization of $59.78 billion, a PE ratio of 59.85, a price-to-earnings-growth ratio of 1.39 and a beta of 0.52. Wheaton Precious Metals Corp. has a fifty-two week low of $62.01 and a fifty-two week high of $160.36. The business has a 50-day moving average of $122.77 and a 200-day moving average of $108.35.

Wheaton Precious Metals (NYSE:WPM) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.03. The firm had revenue of $476.26 million for the quarter, compared to the consensus estimate of $495.53 million. Wheaton Precious Metals had a return on equity of 13.32% and a net margin of 54.72%.The firm’s revenue was up 54.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 earnings per share. On average, equities research analysts expect that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were issued a dividend of $0.165 per share. The ex-dividend date was Thursday, November 20th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 30.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WPM. Raymond James Financial upped their target price on Wheaton Precious Metals from $114.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 10th. Weiss Ratings restated a “buy (b)” rating on shares of Wheaton Precious Metals in a research report on Monday, December 29th. CIBC lifted their target price on Wheaton Precious Metals from $135.00 to $160.00 and gave the company an “outperformer” rating in a research note on Friday, October 10th. UBS Group reissued a “neutral” rating and issued a $158.00 price target on shares of Wheaton Precious Metals in a research report on Friday. Finally, Bank of America raised their price target on shares of Wheaton Precious Metals from $127.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $140.44.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: Zacks Research upgraded WPM from a “hold” to a “strong-buy” and materially raised near‑term and multi‑year EPS forecasts — including lifts to Q1 2026, several quarterly 2026–2027 estimates and FY2026/FY2027 (FY2026 to ~$3.25 from ~$3.01; FY2027 to ~$3.26 from ~$3.04). This signals analysts expect stronger cash flow/earnings ahead and is a constructive fundamental read on the company. Zacks Research Note
• Neutral Sentiment: Although the Zacks notes are positive, none of the supplied items explain the intraday share weakness. That suggests the price decline is likely being driven by other, non‑covered factors (examples to check: moves in silver/gold/commodity prices, sector rotation or broader market weakness, profit‑taking after the recent run‑up, or short‑term technical/volume dynamics). These drivers are not mentioned in the Zacks releases provided.

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.