Connor Clark & Lunn Investment Management Ltd. Invests $189.08 Million in Wheaton Precious Metals Corp. $WPM

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Wheaton Precious Metals Corp. (NYSE:WPM) in the second quarter, Holdings Channel reports. The firm acquired 1,682,571 shares of the company’s stock, valued at approximately $189,082,000.

Other large investors have also bought and sold shares of the company. Stack Financial Management Inc acquired a new stake in Wheaton Precious Metals during the 2nd quarter valued at approximately $30,118,000. Euro Pacific Asset Management LLC lifted its position in shares of Wheaton Precious Metals by 3.0% in the 1st quarter. Euro Pacific Asset Management LLC now owns 294,402 shares of the company’s stock worth $37,895,000 after purchasing an additional 8,455 shares during the period. Abacus Wealth Partners LLC lifted its position in shares of Wheaton Precious Metals by 1,402.0% in the 4th quarter. Abacus Wealth Partners LLC now owns 32,023 shares of the company’s stock worth $3,763,000 after purchasing an additional 29,891 shares during the period. Pecaut & CO. bought a new stake in shares of Wheaton Precious Metals in the 2nd quarter valued at $1,297,000. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Wheaton Precious Metals by 489.7% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 74,300 shares of the company’s stock worth $8,631,000 after buying an additional 61,700 shares during the period. 70.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on WPM shares. Royal Bank Of Canada lowered their target price on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Jefferies Financial Group cut their price target on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. UBS Group decreased their price target on Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Scotiabank dropped their price objective 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. Finally, Berenberg Bank set a $157.00 target price on Wheaton Precious Metals in a research report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $165.55.

Wheaton Precious Metals News Summary

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

• Positive Sentiment: Scotiabank maintained a positive outlook for Wheaton’s fiscal 2026 earnings, providing supportive analyst sentiment. Scotiabank Has Positive Estimate for WPM FY2026 Earnings
• Neutral Sentiment: Analysts published expectations for Wheaton’s fourth-quarter earnings, giving investors an updated benchmark ahead of the company’s results. The broader consensus remains approximately $4.80 in EPS for the current fiscal year. Equities Analysts Set Expectations for WPM Q4 Earnings
• Negative Sentiment: Zacks Research reduced its EPS forecasts across several future periods, including Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, and Q2 2027 to $1.10 from $1.13. It also cut Q3 2027 to $0.99 from $1.28 and Q4 2027 to $1.01 from $1.43.
• Negative Sentiment: Zacks lowered its full-year 2027 EPS forecast to $4.31 from $5.13 and its 2028 estimate to $4.62 from $5.27. These reductions point to more conservative expectations for Wheaton’s medium-term earnings growth, despite the company’s recent quarterly EPS beat and 84.7% year-over-year revenue increase.

Wheaton Precious Metals Stock Up 0.0%

Wheaton Precious Metals stock opened at $157.80 on Monday. The company has a market capitalization of $71.67 billion, a PE ratio of 34.99, a PEG ratio of 2.79 and a beta of 0.55. Wheaton Precious Metals Corp. has a 12-month low of $92.57 and a 12-month high of $165.76. The firm’s fifty day moving average is $119.19 and its 200 day moving average is $130.47. 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 posted its quarterly earnings results on Thursday, August 6th. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. The business had revenue of $878.00 million during the quarter, compared to analysts’ expectations of $879.29 million. During the same period last year, the company posted $0.63 earnings per share. The business’s quarterly revenue was up 84.7% on a year-over-year basis. As a group, sell-side analysts predict that Wheaton Precious Metals Corp. will post 4.8 EPS for the current fiscal year.

Wheaton Precious Metals Announces Dividend

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