Explore Capital Management LLC increased its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 26.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 35,400 shares of the mining company’s stock after acquiring an additional 7,400 shares during the quarter. Agnico Eagle Mines makes up 3.7% of Explore Capital Management LLC’s portfolio, making the stock its 13th biggest holding. Explore Capital Management LLC’s holdings in Agnico Eagle Mines were worth $5,967,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of AEM. True Wealth Design LLC raised its position in shares of Agnico Eagle Mines by 381.3% during the 3rd quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock valued at $26,000 after buying an additional 122 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Agnico Eagle Mines during the second quarter worth $29,000. City State Bank raised its position in Agnico Eagle Mines by 69.2% in the second quarter. City State Bank now owns 269 shares of the mining company’s stock valued at $32,000 after purchasing an additional 110 shares during the period. Blue Bell Private Wealth Management LLC raised its position in Agnico Eagle Mines by 59.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock valued at $33,000 after purchasing an additional 74 shares during the period. Finally, MCF Advisors LLC acquired a new stake in shares of Agnico Eagle Mines during the 3rd quarter worth about $34,000. 68.34% of the stock is currently owned by institutional investors and hedge funds.
Agnico Eagle Mines Trading Up 1.6%
Shares of AEM stock opened at $228.11 on Friday. Agnico Eagle Mines Limited has a fifty-two week low of $92.11 and a fifty-two week high of $229.09. The company has a 50 day moving average price of $194.91 and a 200 day moving average price of $171.09. The stock has a market capitalization of $114.29 billion, a P/E ratio of 25.69, a price-to-earnings-growth ratio of 0.53 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.02.
Agnico Eagle Mines Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.45 dividend. The ex-dividend date is Monday, March 2nd. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Agnico Eagle Mines’s payout ratio is 18.02%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. Zacks Research lowered shares of Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Royal Bank Of Canada lowered shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and upped their price objective for the stock from $185.00 to $205.00 in a report on Wednesday, December 10th. UBS Group reiterated a “neutral” rating and issued a $240.00 target price on shares of Agnico Eagle Mines in a report on Friday, January 30th. Jefferies Financial Group set a $189.00 target price on Agnico Eagle Mines in a research report on Sunday, December 7th. Finally, Citigroup upped their price target on Agnico Eagle Mines from $198.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $234.91.
Get Our Latest Stock Report on AEM
Key Headlines Impacting Agnico Eagle Mines
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Agnico bought a significant stake in Maple Gold Mines and released an aggressive 2026 exploration and drilling plan aimed at resource growth and new discoveries — a move that adds near‑term optionality and long‑term reserve upside to AEM’s pipeline. Agnico Eagle Deepens Exploration Push With Maple Gold Stake And 2026 Plans
- Positive Sentiment: FY2025 results and capital allocation: AEM posted strong production, record free cash flow and raised its dividend while executing buybacks — supporting the bull case that the company can return cash while funding growth. Agnico Eagle: The More Things Change, The More They Stay The Same
- Neutral Sentiment: Coverage and peer comparisons are spotlighting AEM (Zacks and analyst writeups), bringing additional investor attention but not necessarily altering fundamentals immediately. This can increase trading volume and volatility. CGAU vs. AEM: Which Stock Should Value Investors Buy Now?
- Neutral Sentiment: Analysts and articles note a trade‑off: upbeat earnings and revenue beat versus rising unit costs — a mixed signal that tempers enthusiasm while keeping the stock supported by cash returns and growth plans. Can Agnico Eagle’s Profits Keep Shining Amid Rising Production Costs?
- Negative Sentiment: JPMorgan published a pessimistic forecast for AEM’s stock price, which can weigh on sentiment and short‑term momentum among institutional investors. JPMorgan Chase & Co. Issues Pessimistic Forecast for Agnico Eagle Mines (NYSE:AEM) Stock Price
- Negative Sentiment: Industry cost pressure: coverage of higher unit costs at peers (e.g., Barrick) highlights inflationary risks and potential margin pressure that could challenge AEM’s operating leverage if costs continue to rise. Will Barrick Mining’s Higher Costs Dent Its Profit Momentum Ahead?
About Agnico Eagle Mines
Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.
Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.
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