McAlvany Wealth Management LLC Makes New Investment in Wheaton Precious Metals Corp. $WPM

McAlvany Wealth Management LLC purchased a new stake in Wheaton Precious Metals Corp. (NYSE:WPM) during the 4th quarter, Holdings Channel.com reports. The firm purchased 35,320 shares of the company’s stock, valued at approximately $4,151,000. Wheaton Precious Metals accounts for 3.2% of McAlvany Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Wheaton Precious Metals by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock worth $2,242,969,000 after buying an additional 289,939 shares during the period. Van ECK Associates Corp grew its holdings 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 buying an additional 1,402,092 shares in the last quarter. Capital International Investors raised its position in Wheaton Precious Metals by 1.2% in the 4th quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock valued at $892,650,000 after buying an additional 93,599 shares during the last quarter. Norges Bank acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at approximately $864,977,000. Finally, TD Asset Management Inc lifted its stake in Wheaton Precious Metals by 0.5% in the 4th quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock valued at $857,598,000 after acquiring an additional 33,221 shares in the last quarter. 70.34% of the stock is currently owned by institutional investors.

Wheaton Precious Metals Stock Performance

NYSE:WPM opened at $122.60 on Friday. The stock’s 50-day simple moving average is $131.65 and its 200 day simple moving average is $132.40. The company has a market cap of $55.68 billion, a P/E ratio of 30.96, a P/E/G ratio of 2.31 and a beta of 0.51. Wheaton Precious Metals Corp. has a 52-week low of $85.59 and a 52-week high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The firm had revenue of $901.47 million during the quarter, compared to analysts’ expectations of $868.35 million. During the same period in the prior year, the firm posted $0.55 earnings per share. The business’s quarterly revenue was up 91.7% compared to the same quarter last year. As a group, equities analysts predict that Wheaton Precious Metals Corp. will post 4.99 earnings per share for the current fiscal year.

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.195 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is currently 19.70%.

Key Stories Impacting Wheaton Precious Metals

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.65 from $4.50, signaling improved near-term earnings expectations.
• Positive Sentiment: The firm also increased FY2027 EPS to $4.88 from $4.74 and FY2028 EPS to $4.48 from $4.09, indicating a more constructive long-term outlook for the company.
• Positive Sentiment: Quarterly estimates for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027 were all revised higher, which may help investor sentiment around future cash generation and earnings stability.
• Neutral Sentiment: Zacks Research maintained a Hold rating, so the revisions are supportive but not a strong bullish endorsement.
• Neutral Sentiment: The new estimates remain below the broader consensus FY2026 earnings estimate of $4.98 per share, suggesting analysts still see some caution in the outlook.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WPM. TD Securities upped their price target on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. UBS Group upgraded shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 price objective on the stock in a report on Friday, March 27th. TD Cowen boosted their price objective on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Scotiabank increased their target price on shares of Wheaton Precious Metals from $178.00 to $180.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $155.64.

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.