Wheaton Precious Metals (NYSE:WPM) Price Target Raised to $178.00 at Scotiabank

Wheaton Precious Metals (NYSE:WPMFree Report) had its price target boosted by Scotiabank from $175.00 to $178.00 in a research report report published on Monday,Benzinga reports. They currently have a sector outperform rating on the stock. Scotiabank also issued estimates for Wheaton Precious Metals’ FY2025 earnings at $2.93 EPS, FY2025 earnings at $2.93 EPS and FY2026 earnings at $4.21 EPS.

Several other research firms have also commented on WPM. Wall Street Zen raised shares of Wheaton Precious Metals from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Wheaton Precious Metals in a research note on Monday, December 29th. Zacks Research lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a $145.00 price objective on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Finally, UBS Group reiterated a “neutral” rating and issued a $158.00 price objective on shares of Wheaton Precious Metals in a report on Friday, January 30th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.18.

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Wheaton Precious Metals Price Performance

Shares of WPM opened at $139.22 on Monday. Wheaton Precious Metals has a 1 year low of $68.03 and a 1 year high of $165.76. The stock has a 50 day simple moving average of $143.28 and a two-hundred day simple moving average of $119.95. The firm has a market cap of $63.21 billion, a P/E ratio of 42.97, a P/E/G ratio of 2.09 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPMGet Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $0.91 by $0.31. The firm had revenue of $864.71 million for the quarter, compared to the consensus estimate of $719.59 million. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.69%. The business’s revenue was up 127.3% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share. On average, equities analysts anticipate that Wheaton Precious Metals will post 1.46 earnings per share for the current year.

Wheaton Precious Metals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.195 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.17. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 20.37%.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Wheaton Precious Metals by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 19,079,029 shares of the company’s stock valued at $2,242,969,000 after acquiring an additional 289,939 shares during the period. Van ECK Associates Corp boosted 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 purchasing an additional 1,402,092 shares during the period. Capital International Investors grew its stake in shares of Wheaton Precious Metals by 1.2% in the fourth quarter. Capital International Investors now owns 7,595,725 shares of the company’s stock worth $892,650,000 after purchasing an additional 93,599 shares during the last quarter. Norges Bank bought a new stake in shares of Wheaton Precious Metals in the fourth quarter worth about $864,977,000. Finally, TD Asset Management Inc increased its holdings in Wheaton Precious Metals by 0.5% during the 4th quarter. TD Asset Management Inc now owns 7,285,275 shares of the company’s stock valued at $857,598,000 after purchasing an additional 33,221 shares during the period. Institutional investors own 70.34% of the company’s stock.

More Wheaton Precious Metals News

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

  • Positive Sentiment: Wheaton reported record 2025 revenues and cash flow, production outperformed the company’s view and GEO (gold-equivalent) output rose — core operational beats that support future cash generation and underpin analyst upgrades. Should WPM Stock Be Part of Your Portfolio Post Q4 Results?
  • Positive Sentiment: Scotiabank raised its price target to $178 and kept a “sector outperform” view, citing strong FY2025 earnings outlooks — a sizable upside vs. current levels that can attract buyers. Scotiabank PT raise
  • Positive Sentiment: TD Securities and TD Cowen each nudged targets to $165 and maintain buy ratings, signaling broad dealer support for the stock after the quarter. Benzinga coverage
  • Positive Sentiment: Stifel Canada maintained its buy rating (PT C$240), reinforcing institutional confidence in WPM’s long-term cash flow profile. Stifel Canada Maintains Buy
  • Neutral Sentiment: Analyst commentary and bank reports (multiple briefs) reiterate upside but differ slightly on assumptions — useful for investors who want model sensitivity to metals prices and cost assumptions. Benzinga coverage
  • Negative Sentiment: Management flagged higher costs in the quarter that weighed on margins; rising operating costs could limit near-term EPS expansion despite higher revenues. Zacks Q4 analysis

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.

Further Reading

Analyst Recommendations for Wheaton Precious Metals (NYSE:WPM)

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