Wheaton Precious Metals (NYSE:WPM) Raised to “Strong-Buy” at Wall Street Zen

Wheaton Precious Metals (NYSE:WPM) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

WPM has been the subject of a number of other research reports. UBS Group reaffirmed a “neutral” rating and set a $158.00 price objective on shares of Wheaton Precious Metals in a research report on Friday, January 30th. Jefferies Financial Group restated a “buy” rating and set a $145.00 price target on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Royal Bank Of Canada raised 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 report on Wednesday, December 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Wheaton Precious Metals in a research report on Monday, December 29th. Finally, Scotiabank reissued an “outperform” rating and set a $175.00 price objective on shares of Wheaton Precious Metals in a report on Monday, January 26th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $140.44.

Wheaton Precious Metals Price Performance

NYSE:WPM opened at $139.72 on Friday. The stock has a market cap of $63.44 billion, a P/E ratio of 43.12, a PEG ratio of 2.09 and a beta of 0.50. Wheaton Precious Metals has a one year low of $68.03 and a one year high of $165.76. The company has a fifty day moving average price of $142.92 and a 200 day moving average price of $119.65.

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

Institutional Trading of Wheaton Precious Metals

Hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Wheaton Precious Metals during the 4th quarter worth about $864,977,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Wheaton Precious Metals by 36.2% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,955,810 shares of the company’s stock valued at $777,938,000 after acquiring an additional 1,847,977 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Wheaton Precious Metals by 40.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock worth $694,951,000 after acquiring an additional 1,715,540 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Wheaton Precious Metals by 10.7% during the fourth quarter. Van ECK Associates Corp now owns 14,469,877 shares of the company’s stock worth $1,700,517,000 after purchasing an additional 1,402,092 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in shares of Wheaton Precious Metals by 26.1% during the third quarter. Bank of Montreal Can now owns 6,455,675 shares of the company’s stock valued at $722,270,000 after purchasing an additional 1,335,588 shares during the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Company reported record 2025 revenue, earnings and operating cash flow; management said core assets (Salobo, Antamina, Peñasquito) and ramping mines (Blackwater, Goose) drove outperformance. PR Newswire: Record Annual Revenue
• Positive Sentiment: Q4 beat consensus: EPS $1.22 vs. estimates (~$0.91), revenue ~$865M (surged ~127% y/y) driven by higher metal prices and ~35% more GEOs sold—signals stronger cash generation. Yahoo Finance: Q4 Earnings Beat
• Positive Sentiment: Board raised the quarterly dividend 18% to US$0.195/share (first 2026 dividend), continuing a progressive payout policy and returning more capital after record 2025 dividends. Ex-dividend date and payment timing noted in filings. PR Newswire: Dividend Declaration
• Positive Sentiment: Management forecasted stronger 2026 output growth, reinforcing the revenue/production drivers behind the dividend increase and valuation support for a streaming model. Seeking Alpha: Dividend Hike & 2026 Output Forecast
• Positive Sentiment: Analyst activity supportive: Scotiabank nudged up FY estimates and maintains Outperform with a $175 target; RBC remains Buy — adds third-party validation to upside case. MarketBeat: Analyst Notes
• Neutral Sentiment: Company awarded $1M to Cetos Water for wastewater-reuse tech — a sustainability move that supports long-term operating resilience but has limited near-term financial impact. InsiderMonkey: Sustainable Mining Investment
• Neutral Sentiment: Shares showed a modest after-hours uptick following the results and dividend announcement, reflecting immediate positive reception; intraday weakness suggests mixed intraday flows. Yahoo Finance: After-Hours Move
• Negative Sentiment: Despite strong results, the stock is down in regular trading — likely short-term profit-taking and valuation scrutiny (WPM trades at elevated multiples vs. history), which can weigh on the share price until buyers absorb supply.

About Wheaton Precious Metals

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.