Lombard Odier Asset Management USA Corp Reduces Stock Position in Wheaton Precious Metals Corp. $WPM

Lombard Odier Asset Management USA Corp cut its stake in Wheaton Precious Metals Corp. (NYSE:WPM) by 37.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,063 shares of the company’s stock after selling 10,935 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in Wheaton Precious Metals were worth $2,020,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in Wheaton Precious Metals in the first quarter worth approximately $331,000. Focus Partners Wealth raised its stake in Wheaton Precious Metals by 10.7% during the 1st quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock valued at $871,000 after buying an additional 1,081 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of Wheaton Precious Metals during the 1st quarter valued at $209,000. Sivia Capital Partners LLC bought a new position in shares of Wheaton Precious Metals during the 2nd quarter valued at $239,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Wheaton Precious Metals by 2.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 34,286 shares of the company’s stock worth $3,079,000 after buying an additional 723 shares during the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: Record FY2025 revenue and cash flow as production and GEO output beat the company’s view, supporting stronger free cash flow and underlying growth narrative. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
• Positive Sentiment: Stifel Canada maintained its Buy rating and kept its C$240 price target, signaling continued analyst confidence after the quarter. Wheaton Precious Metals Maintained at Buy at Stifel Canada Following Q4 Results; Price Target Kept at C$240.00
• Positive Sentiment: Scotiabank raised its price target from $175 to $178 and keeps a “sector outperform” view, implying meaningful upside vs. current levels. Scotiabank price target raise
• Positive Sentiment: TD Securities and TD Cowen each nudged price targets to $165 and maintained Buy ratings, reinforcing buy-side momentum from multiple research desks. TD Securities / TD Cowen price target moves
• Positive Sentiment: Scotiabank published a strong FY2025 earnings forecast for WPM, adding another institutional vote of confidence for earnings power going forward. Scotiabank Has Strong Forecast for WPM FY2025 Earnings
• Neutral Sentiment: Quarterly results also noted higher costs that affected margins in the quarter — a reminder that cost pressure could moderate near-term profitability even as top-line and cash flow improved. Should WPM Stock Be Part of Your Portfolio Post Q4 Results? (Zacks)

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Zacks Research lowered Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. TD Cowen increased their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday. UBS Group reissued a “neutral” rating and issued a $158.00 target price on shares of Wheaton Precious Metals in a research report on Friday, January 30th. Weiss Ratings restated a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. Finally, Royal Bank Of Canada raised shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $115.00 to $130.00 in a research report on Wednesday, December 10th. Twelve analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and a consensus target price of $145.18.

Wheaton Precious Metals Trading Down 0.5%

NYSE WPM opened at $139.22 on Tuesday. Wheaton Precious Metals Corp. has a 12 month low of $68.03 and a 12 month high of $165.76. The stock has a market cap of $63.21 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 2.09 and a beta of 0.50. The company’s 50 day moving average is $143.28 and its two-hundred day moving average is $119.95.

Wheaton Precious Metals (NYSE:WPM) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.31. The business had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.69%. The company’s revenue was up 127.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 earnings per share. Sell-side analysts forecast that Wheaton Precious Metals Corp. will post 1.46 EPS for the current year.

Wheaton Precious Metals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be issued a $0.195 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.78 annualized dividend and a yield of 0.6%. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s payout ratio is currently 20.37%.

Wheaton Precious Metals 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.