Consolidated Portfolio Review Corp grew its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 129.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,927 shares of the mining company’s stock after buying an additional 2,780 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Agnico Eagle Mines were worth $830,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. True Wealth Design LLC grew its stake in shares of Agnico Eagle Mines by 381.3% in the third quarter. True Wealth Design LLC now owns 154 shares of the mining company’s stock worth $26,000 after acquiring an additional 122 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Agnico Eagle Mines during the second quarter valued at approximately $29,000. Blue Bell Private Wealth Management LLC boosted its holdings in Agnico Eagle Mines by 59.7% in the third quarter. Blue Bell Private Wealth Management LLC now owns 198 shares of the mining company’s stock worth $33,000 after purchasing an additional 74 shares during the last quarter. MCF Advisors LLC purchased a new stake in Agnico Eagle Mines during the 3rd quarter valued at $34,000. Finally, Caitlin John LLC purchased a new stake in Agnico Eagle Mines during the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 68.34% of the company’s stock.
Agnico Eagle Mines Stock Performance
NYSE AEM opened at $220.80 on Friday. The firm has a market cap of $110.63 billion, a price-to-earnings ratio of 24.86 and a beta of 0.61. The company has a quick ratio of 1.33, a current ratio of 2.02 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $207.52 and a 200-day moving average price of $178.04. Agnico Eagle Mines Limited has a twelve month low of $94.77 and a twelve month high of $255.24.
Agnico Eagle Mines Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.45 per share. The ex-dividend date is Monday, March 2nd. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Agnico Eagle Mines’s dividend payout ratio (DPR) is 20.27%.
Analyst Upgrades and Downgrades
AEM has been the topic of a number of research reports. Scotiabank restated an “outperform” rating and issued a $280.00 price target on shares of Agnico Eagle Mines in a research note on Tuesday, February 17th. Zacks Research upgraded Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 27th. Royal Bank Of Canada downgraded shares of Agnico Eagle Mines from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from $185.00 to $205.00 in a report on Wednesday, December 10th. JPMorgan Chase & Co. cut their target price on shares of Agnico Eagle Mines from $248.00 to $235.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Finally, TD Securities upped their target price on shares of Agnico Eagle Mines from $241.00 to $251.00 and gave the company a “buy” rating in a report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $234.91.
Check Out Our Latest Stock Analysis on AEM
More Agnico Eagle Mines News
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Zacks industry note highlights AEM as a beneficiary of record gold prices, which improves revenue and margin prospects across gold producers. Zacks Industry Outlook Highlights Agnico Eagle Mines
- Positive Sentiment: Zacks’ sector buy-list names AEM among five gold stocks to own to ride rising gold demand — a signal institutional investors may add exposure to high-quality miners. 5 Gold Stocks to Buy to Ride Solid Price & Demand Trends
- Positive Sentiment: Erste Group upgraded AEM from “hold” to “buy,” reflecting improving analyst sentiment that can support demand for the shares. Finviz – Erste Upgrade
- Positive Sentiment: TD Securities raised its AEM price target to $251, lifting the valuation bar and giving investors a higher upside benchmark. TD Securities Raises Agnico Eagle Mines Price Target
- Neutral Sentiment: Coverage of Centerra Gold’s results underscores that higher commodity prices are offsetting volume declines across the industry — a broad-market context that applies to AEM but doesn’t change company-specific drivers. Can Centerra Gold Sustain Growth in a Strong Gold Market?
- Neutral Sentiment: An explainer asks whether AEM is still attractively priced after its big rally; it reviews valuation and recent performance — useful for longer-term investors weighing entry points, but not an immediate catalyst. Is It Too Late To Reassess Agnico Eagle Mines (AEM) After Its Surging Share Price?
- Neutral Sentiment: Piece on institutional options activity suggests positioning shifts after AEM’s merger-related developments — may presage bigger flows but is interpretative rather than a direct fundamental change. Institutional Options Signal Turning Point For Agnico Eagle Mines Post Merger
- Negative Sentiment: News summaries explain why AEM dipped more than the broader market today — short-term selling pressure and profit-taking after a strong run are cited as reasons for the pullback. Why Agnico Eagle Mines (AEM) Dipped More Than Broader Market Today Zacks: Why AEM Dipped
Agnico Eagle Mines Company Profile
Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.
Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.
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