Wheaton Precious Metals (NYSE:WPM) Posts Earnings Results, Beats Estimates By $0.04 EPS

by · The Markets Daily

Wheaton Precious Metals (NYSE:WPM – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04, Zacks reports. Wheaton Precious Metals had a return on equity of 22.61% and a net margin of 64.66%.The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $879.29 million. During the same quarter in the prior year, the company earned $0.63 EPS. The firm’s quarterly revenue was up 84.7% compared to the same quarter last year.

Wheaton Precious Metals Stock Performance

NYSE WPM traded up $9.21 during trading hours on Friday, hitting $134.51. The company had a trading volume of 3,447,007 shares, compared to its average volume of 1,730,116. Wheaton Precious Metals has a 52 week low of $90.94 and a 52 week high of $165.76. The firm has a 50 day simple moving average of $115.15 and a 200 day simple moving average of $130.83. The firm has a market capitalization of $61.09 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 2.25 and a beta of 0.55.

Wheaton Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. Wheaton Precious Metals’s dividend payout ratio is 19.70%.

Institutional Investors Weigh In On Wheaton Precious Metals

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Invesco Ltd. increased its holdings in Wheaton Precious Metals by 17.2% during the 4th quarter. Invesco Ltd. now owns 2,474,126 shares of the company’s stock worth $290,759,000 after acquiring an additional 363,699 shares during the period. Corient Private Wealth LLC boosted its holdings in Wheaton Precious Metals by 252.1% in the 4th quarter. Corient Private Wealth LLC now owns 56,640 shares of the company’s stock valued at $6,656,000 after purchasing an additional 40,555 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Wheaton Precious Metals by 20.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,076 shares of the company’s stock valued at $832,000 after purchasing an additional 1,200 shares in the last quarter. Caitlin John LLC grew its position in shares of Wheaton Precious Metals by 1,508.0% during the 4th quarter. Caitlin John LLC now owns 1,608 shares of the company’s stock valued at $189,000 after purchasing an additional 1,508 shares in the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of Wheaton Precious Metals by 106.1% in the fourth quarter. Vident Advisory LLC now owns 56,024 shares of the company’s stock worth $6,584,000 after purchasing an additional 28,838 shares during the period. 70.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on WPM. Weiss Ratings cut Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Bank of America cut their target price on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. UBS Group reduced their target price on shares of Wheaton Precious Metals from $165.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Scotiabank lowered their price target on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Finally, Royal Bank Of Canada dropped their price target on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $165.55.

Read Our Latest Research Report on WPM

Key Stories Impacting Wheaton Precious Metals

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

  • Positive Sentiment: Second-quarter earnings beat expectations: Wheaton reported adjusted earnings of $1.19 per share, up from $0.63 a year earlier and ahead of the $1.15 analyst consensus. Revenue increased 84.7% year over year to approximately $878 million. Wheaton Precious Metals Q2 earnings and revenues surpass estimates
  • Positive Sentiment: Record operating performance supports the streaming model: Management cited record year-to-date production, sales volumes, revenue, earnings and cash flow. Strong margins and cash generation are particularly favorable amid commodity-price volatility and cost pressures, while the company’s financial position provides flexibility for further growth investments. Wheaton Precious Metals announces second-quarter 2026 results
  • Positive Sentiment: Dividend increased: Wheaton declared a quarterly dividend of $0.195 per share, an 18% increase from the comparable 2025 dividend. The payment is scheduled for September 3 for shareholders of record on August 20, implying an annualized payout of approximately $0.78 per share and a yield near 0.6%. Wheaton Precious Metals dividend declaration
  • Neutral Sentiment: Revenue was broadly in line with expectations: Although the earnings result exceeded estimates, reported revenue of about $878 million was slightly below the consensus estimate of $879.29 million. Investors may therefore focus on production trends, metal prices and future streaming investments to assess whether the pace of growth can continue. Wheaton Precious Metals key metrics versus estimates

Wheaton Precious Metals Company Profile

(Get Free Report)

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.

Featured Stories