Assenagon Asset Management S.A. Cuts Position in Agnico Eagle Mines Limited $AEM

Assenagon Asset Management S.A. decreased its holdings in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,762 shares of the mining company’s stock after selling 4,741 shares during the period. Assenagon Asset Management S.A.’s holdings in Agnico Eagle Mines were worth $6,072,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Capital World Investors grew its stake in shares of Agnico Eagle Mines by 20.0% in the third quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock worth $3,497,470,000 after acquiring an additional 3,462,968 shares during the last quarter. Vanguard Group Inc. lifted its position in Agnico Eagle Mines by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 20,669,949 shares of the mining company’s stock valued at $3,481,382,000 after acquiring an additional 252,043 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Agnico Eagle Mines by 5.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock worth $1,974,242,000 after acquiring an additional 602,489 shares during the period. TD Asset Management Inc raised its holdings in shares of Agnico Eagle Mines by 1.5% during the third quarter. TD Asset Management Inc now owns 9,500,193 shares of the mining company’s stock valued at $1,600,436,000 after purchasing an additional 143,645 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in Agnico Eagle Mines by 1.9% during the second quarter. Mackenzie Financial Corp now owns 8,778,276 shares of the mining company’s stock valued at $1,046,468,000 after purchasing an additional 160,650 shares during the period. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Erste Group Bank downgraded shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Raymond James Financial reissued an “outperform” rating and issued a $225.00 price objective on shares of Agnico Eagle Mines in a report on Wednesday, January 14th. UBS Group cut their target price on shares of Agnico Eagle Mines from $240.00 to $210.00 and set a “neutral” rating for the company in a research report on Friday. JPMorgan Chase & Co. reduced 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 report on Wednesday, February 18th. Finally, TD Securities increased their price target on shares of Agnico Eagle Mines from $241.00 to $251.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $232.18.

Agnico Eagle Mines News Summary

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (FY2026 to $14.22 from $13.05; FY2027 to $14.13 from $14.00), suggesting stronger forward earnings expectations that support AEM’s valuation. MarketBeat: Erste raises EPS estimates
• Neutral Sentiment: Increased retail and analyst attention — multiple outlets (Zacks, Yahoo) flag AEM as a “trending” or closely watched stock, which can amplify short-term volatility but is neutral for long-term fundamentals. Zacks: AEM Is a Trending Stock
• Negative Sentiment: UBS cut its price target on AEM from $240 to $210 and set a “Neutral” rating — a material downward revision to a major bank’s target that may limit upside in the near term. Benzinga: UBS lowers AEM price target
• Negative Sentiment: Market pieces noted a recent intraday pullback (March 26) where AEM fell more than the broader market, highlighting short-term selling pressure and volatility. Yahoo: Why AEM dipped more than broader market
• Negative Sentiment: AmericanBankingNews reported a downgrade to “Hold” at Erste Group (rating lowered), which can be read as reduced near-term conviction from at least one sell-side source. AmericanBankingNews: AEM Rating Lowered to Hold at Erste Group Bank

Agnico Eagle Mines Stock Performance

NYSE:AEM opened at $193.24 on Friday. The stock has a 50-day moving average price of $212.80 and a 200 day moving average price of $184.42. The stock has a market capitalization of $96.82 billion, a P/E ratio of 21.76 and a beta of 0.61. Agnico Eagle Mines Limited has a 12-month low of $94.77 and a 12-month high of $255.24. The company has a current ratio of 2.02, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its quarterly earnings results on Thursday, February 12th. The mining company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.13. Agnico Eagle Mines had a return on equity of 18.09% and a net margin of 37.47%.The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.40 billion. During the same period in the prior year, the company posted $1.26 EPS. The firm’s revenue for the quarter was up 60.3% compared to the same quarter last year. Equities research analysts forecast that Agnico Eagle Mines Limited will post 4.63 EPS for the current fiscal year.

Agnico Eagle Mines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.45 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. This is an increase from Agnico Eagle Mines’s previous quarterly dividend of $0.40. Agnico Eagle Mines’s payout ratio is presently 20.27%.

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.