Wheaton Precious Metals Corp. (NYSE:WPM) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Wheaton Precious Metals Corp. (NYSE:WPM – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $172.90.

A number of analysts have recently weighed in on WPM shares. Berenberg Bank restated a “buy” rating and issued a $157.00 price objective (down from $160.00) on shares of Wheaton Precious Metals in a research note on Thursday, September 17th. Royal Bank Of Canada boosted their price target on Wheaton Precious Metals from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Scotiabank reduced their price target on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Raymond James Financial reissued an “outperform” rating and set a $180.00 price objective on shares of Wheaton Precious Metals in a research note on Friday. Finally, UBS Group increased their price objective on Wheaton Precious Metals from $153.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 8th.

Check Out Our Latest Research Report on Wheaton Precious Metals

Wheaton Precious Metals Trading Up 2.8%

Shares of WPM stock opened at $136.20 on Monday. The company has a market cap of $61.86 billion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 2.33 and a beta of 0.56. Wheaton Precious Metals has a 12 month low of $96.14 and a 12 month high of $165.76. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $138.57 and its two-hundred day moving average is $133.73.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The firm had revenue of $771.73 million during the quarter, compared to the consensus estimate of $787.10 million. Wheaton Precious Metals had a net margin of 64.66% and a return on equity of 21.97%. Equities analysts predict that Wheaton Precious Metals will post 4.54 EPS for the current year.

Wheaton Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be given a $0.1950 dividend. This represents a $0.78 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 19th. Wheaton Precious Metals’s payout ratio is currently 17.29%.

Key Headlines Impacting Wheaton Precious Metals

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

  • Positive Sentiment: Q3 revenue rose 62% year over year to about US$772 million, while adjusted net earnings increased 46%. Wheaton also reported record year-to-date production, sales volume, revenue, earnings and cash flow, and said it remains on track to meet annual production guidance. Q3 2026 results
  • Positive Sentiment: The company declared a quarterly dividend of US$0.195 per share, an 18% increase from the same 2025 payment. The dividend supports investor returns, though its 0.6% indicated yield is modest. Dividend declaration
  • Positive Sentiment: Peel Hunt retained its Buy rating and C$187 price target, citing a better-than-expected quarter. Wheaton also reported growth-project milestones, including first gold pour at Montage Gold’s Koné project and construction approval for Hudbay’s Copper World. Peel Hunt commentary
  • Neutral Sentiment: UBS lowered its price target to $155 from $160 but maintained its Buy rating, indicating a modestly more cautious valuation view without a change in its overall recommendation. UBS price target update
  • Negative Sentiment: Despite strong growth from a year earlier, Q3 EPS of $0.90 and revenue of $771.7 million fell short of consensus estimates of $0.91 and $787.1 million, respectively. Scotiabank also cut its 2026 EPS forecast to $4.65 from $4.83, although it kept a Sector Outperform rating and $175 target. Q3 estimate miss

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds have recently bought and sold shares of WPM. Stack Financial Management Inc purchased a new position in shares of Wheaton Precious Metals during the second quarter worth approximately $30,118,000. Cidel Asset Management Inc. grew its stake in shares of Wheaton Precious Metals by 7,896.4% in the 2nd quarter. Cidel Asset Management Inc. now owns 137,538 shares of the company’s stock valued at $15,466,000 after buying an additional 135,818 shares during the period. Pecaut & CO. purchased a new position in Wheaton Precious Metals in the second quarter worth $1,297,000. Euro Pacific Asset Management LLC raised its stake in Wheaton Precious Metals by 3.0% during the 1st quarter. Euro Pacific Asset Management LLC now owns 294,402 shares of the company’s stock valued at $37,895,000 after buying an additional 8,455 shares during the last quarter. Finally, Groupe la Francaise increased its stake in shares of Wheaton Precious Metals by 9.7% during the second quarter. Groupe la Francaise now owns 305,000 shares of the company’s stock valued at $34,324,000 after buying an additional 26,975 shares during the period. Institutional investors own 70.34% of the company’s stock.

About Wheaton Precious Metals

(Get Free Report)

Wheaton Precious Metals is a precious metals streaming company that provides mining companies with upfront financing in exchange for the right to purchase a portion of the metals produced by their mines. Its streams cover gold and silver, as well as smaller amounts of palladium and cobalt.

Rather than operating mines itself, Wheaton works with mining companies around the world. Under its agreements, it typically makes an initial payment and additional payments for metals delivered, giving it exposure to mine production without directly managing mining operations.

The company was founded as Silver Wheaton in 2004 and adopted the Wheaton Precious Metals name in 2017.

See Also

Analyst Recommendations for Wheaton Precious Metals (NYSE:WPM)

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