Enclave Advisors LLC Acquires Shares of 33,000 Wheaton Precious Metals Corp. $WPM

Enclave Advisors LLC acquired a new position in Wheaton Precious Metals Corp. (NYSE:WPM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 33,000 shares of the company’s stock, valued at approximately $3,878,000.

A number of other hedge funds have also bought and sold shares of WPM. TD Waterhouse Canada Inc. raised its holdings in shares of Wheaton Precious Metals by 9.4% during the third quarter. TD Waterhouse Canada Inc. now owns 809,093 shares of the company’s stock valued at $89,886,000 after purchasing an additional 69,496 shares during the last quarter. J. Safra Sarasin Holding AG raised its holdings in Wheaton Precious Metals by 38.5% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 68,485 shares of the company’s stock worth $7,659,000 after purchasing an additional 19,050 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Wheaton Precious Metals in the third quarter worth about $11,355,000. West Family Investments Inc. bought a new stake in Wheaton Precious Metals during the 2nd quarter worth approximately $247,000. Finally, Norges Bank bought a new stake in shares of Wheaton Precious Metals during the 2nd quarter valued at $656,463,000. Hedge funds and other 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: UBS upgraded WPM from “neutral” to “buy” and set a $160 price target (~28.5% upside vs. the current quote), signaling conviction from a major broker that the shares have meaningful upside. Article Title Article Title
• Positive Sentiment: Zacks Research increased several near-term and FY estimates for WPM (Q1/Q2/Q3 and FY2026/FY2028), and lifted FY2026 to $3.33 EPS from $3.25 — upgrades that improve the earnings outlook even though Zacks retains a “Hold” rating. (Source: MarketBeat summary of analyst notes) Article Title
• Positive Sentiment: Company fundamentals are supporting the outlook: WPM reported record operating cash flow (US$1.9B in 2025 vs US$1.03B in 2024), strong sales and net income for 2025, and the board approved an 18% increase in the quarterly dividend — concrete cash-generation and shareholder-return signals. Article Title
• Neutral Sentiment: Analyst commentary pieces from Zacks highlight WPM as a strong growth/quality name and question the sustainability of the free-cash-flow rally (key variables: production growth and gold prices). These are useful context items but mostly reinforce existing data rather than introduce new catalysts. Article Title

Analysts Set New Price Targets

Several analysts recently issued reports on WPM shares. TD Securities lifted their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Royal Bank Of Canada upgraded shares of Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $115.00 to $130.00 in a research report on Wednesday, December 10th. Zacks Research downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Scotiabank increased their price objective on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the stock a “sector outperform” rating in a research report on Monday, March 16th. Finally, TD Cowen increased their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Thirteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $145.36.

Wheaton Precious Metals Stock Up 4.6%

Shares of NYSE:WPM opened at $124.48 on Friday. The company has a market capitalization of $56.52 billion, a price-to-earnings ratio of 38.42, a price-to-earnings-growth ratio of 1.70 and a beta of 0.50. Wheaton Precious Metals Corp. has a 52 week low of $68.03 and a 52 week high of $165.76. The firm has a 50 day moving average of $142.22 and a 200 day moving average of $120.98.

Wheaton Precious Metals (NYSE:WPM) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.31. The firm had revenue of $864.71 million during the quarter, compared to analysts’ expectations of $719.59 million. Wheaton Precious Metals had a return on equity of 17.17% and a net margin of 63.58%.The firm’s quarterly revenue was up 127.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. On average, sell-side analysts expect that Wheaton Precious Metals Corp. will post 1.46 EPS for the current year.

Wheaton Precious Metals Increases Dividend

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

About Wheaton Precious Metals

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.