Wheaton Precious Metals
About: Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Employees: 42
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
181% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 32
61% more call options, than puts
Call options by funds: $230M | Put options by funds: $143M
40% more funds holding in top 10
Funds holding in top 10: 10 [Q2] → 14 (+4) [Q3]
13% more capital invested
Capital invested by funds: $14.9B [Q2] → $17B (+$2.01B) [Q3]
9% more funds holding
Funds holding: 539 [Q2] → 590 (+51) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 182
2.06% less ownership
Funds ownership: 62.67% [Q2] → 60.61% (-2.06%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$75
30%
upside
Avg. target
$77
32%
upside
High target
$78
35%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
UBS Daniel Major 38% 1-year accuracy 3 / 8 met price target | 35%upside $78 | Buy Initiated | 18 Nov 2024 |
Raymond James Brian MacArthur 15% 1-year accuracy 2 / 13 met price target | 30%upside $75 | Outperform Maintained | 25 Oct 2024 |
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
Wheaton Precious Metals Announces Chief Financial Officer Transition
VANCOUVER, BC , Jan. 9, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") today announced that Gary Brown will be stepping down from his role as Chief Financial Officer ("CFO"), effective March 31, 2025. As part of a planned leadership succession, Vincent Lau, Wheaton's Vice President of Finance, will be appointed CFO and will join the senior leadership team.
Neutral
Seeking Alpha
3 weeks ago
Hold Tight: What Every Dividend Investor Needs To Know Now
In 2025, economic uncertainty is likely to remain high, with macro forces, inflation, and geopolitical risks shaping the market. The Fed's policies and rate hikes create challenges. Rising interest rates and high inflation, alongside the growing national debt, pose risks for both investors and the U.S. government. Volatile bond markets may worsen this situation. Despite short-term concerns, dividend growth stocks, particularly those with inflation protection, offer long-term opportunities. Quality cyclical stocks remain an attractive focus.
Positive
Seeking Alpha
1 month ago
Inflation-Proof Profits: My Favorite Dividend Stocks For Any Market
Inflation poses a challenge to dividend investors. While stocks offer long-term protection, short-term volatility requires strategic stock picking. Companies with pricing power and low input costs are key. Focus on revenue growth and controlled operating expenses. Business models like royalties, exchange operators, and streamers offer unique advantages during inflationary times. My analysis highlights investments positioned to thrive in this environment, offering both stability and growth. Prioritizing favorable revenue and cost dynamics ensures long-term dividend success.
Positive
Seeking Alpha
1 month ago
Wheaton Precious Metals: Strong Trend, But Too Much Shine On The Stock Price
I have a hold rating on Wheaton Precious Metals Corp (WPM) due to its high valuation despite strong earnings growth and favorable technical trends. WPM's recent earnings report showed mixed results, with impressive revenue growth but a slight miss on Wall Street expectations. Key risks include lower precious metal prices, higher operational costs, and potential regulatory changes, though the company has significant liquidity.
Positive
Zacks Investment Research
1 month ago
WPM Expands Portfolio With Gold Stream Acquisition of Kurmuk Project
Wheaton Precious Metals and its subsidiary sign a streaming agreement with Allied to move forward with the construction of the Kurmuk project.
Positive
Forbes
1 month ago
Buy, Sell Or Hold WPM Stock?
Wheaton Precious Metals stock has fared reasonably well this year, rising by about 29% year-to-date, ahead of the S&P 500. There have been a couple of factors helping Wheaton.
Positive
Seeking Alpha
2 months ago
Value In A Tricky Market - 3 Dividend (Growth) Stocks You'll Love
In an unpredictable market, finding reliable dividend growth is a challenge. This article zeroes in on three stocks that offer standout value and growth potential. Each stock has been selected for its resilience and strong fundamentals, even in a fluctuating economic landscape, giving dividend investors a stable edge. With these picks, investors can balance value with growth in today's market, making them smart, dependable options for long-term dividend strategies.
Positive
CNBC Television
2 months ago
Gold's weakness is helping to build a foundation under current prices: Wheaton CEO Randy Smallwood
Randy Smallwood, Wheaton Precious Metals CEO, joins 'Money Movers' to discuss what's feeding into the current price of gold, if there was a crisis bid embedded in the price of gold, and much more.
Positive
Zacks Investment Research
2 months ago
Wheaton Precious Q3 Earnings Meet Estimates, Rise Y/Y on Higher Prices
WPM's Q3 top line reflects an increased average realized gold equivalent price and higher GEOs sold in the quarter.
Neutral
Seeking Alpha
2 months ago
Wheaton Precious Metals Corp. (WPM) Q3 2024 Earnings Call Transcript
Wheaton Precious Metals Corp. (NYSE:WPM ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Emma Murray - Vice President of Investor Relations Randy Smallwood - President and Chief Executive Officer Gary Brown - Senior Vice President and Chief Financial Officer Haytham Hodaly - Senior Vice President, Corporate Development Wesley Carson - Vice President, Mining Operations Conference Call Participants Ralph Profiti - Eight Capital Tanya Jakusconek - Scotia Bank Lawson Winder - Bank of America Will Dalby - Berenberg Carey MacRury - Canaccord Genuity Operator Good morning, ladies and gentlemen. Thank you for standing by.
Charts implemented using Lightweight Charts™