Aquatic Capital Management LLC Grows Stock Holdings in Wheaton Precious Metals Corp. $WPM

Aquatic Capital Management LLC grew its holdings in Wheaton Precious Metals Corp. (NYSE:WPM) by 1,257.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,929 shares of the company’s stock after acquiring an additional 65,705 shares during the period. Aquatic Capital Management LLC’s holdings in Wheaton Precious Metals were worth $7,933,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WPM. Norges Bank purchased a new position in Wheaton Precious Metals in the second quarter valued at about $656,463,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Wheaton Precious Metals by 53.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,197,048 shares of the company’s stock valued at $469,459,000 after buying an additional 1,453,572 shares during the period. Bank of Montreal Can lifted its position in Wheaton Precious Metals by 26.1% during the 3rd quarter. Bank of Montreal Can now owns 6,455,675 shares of the company’s stock worth $722,270,000 after acquiring an additional 1,335,588 shares in the last quarter. Invesco Ltd. boosted its holdings in Wheaton Precious Metals by 139.8% in the 2nd quarter. Invesco Ltd. now owns 2,085,042 shares of the company’s stock worth $187,237,000 after acquiring an additional 1,215,660 shares during the period. Finally, Capital Research Global Investors grew its position in Wheaton Precious Metals by 158.1% in the third quarter. Capital Research Global Investors now owns 1,458,898 shares of the company’s stock valued at $163,224,000 after acquiring an additional 893,733 shares in the last quarter. 70.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on WPM shares. UBS Group restated a “neutral” rating and issued a $158.00 target price on shares of Wheaton Precious Metals in a research note on Friday, January 30th. Scotiabank restated an “outperform” rating and set a $175.00 target price on shares of Wheaton Precious Metals in a research note on Monday, January 26th. Zacks Research cut Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Royal Bank Of Canada upgraded Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $115.00 to $130.00 in a research note on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wheaton Precious Metals in a research report on Monday, December 29th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $140.44.

Key Headlines Impacting Wheaton Precious Metals

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

• Positive Sentiment: Company reported record 2025 revenue, earnings and operating cash flow; management said core assets (Salobo, Antamina, Peñasquito) and ramping mines (Blackwater, Goose) drove outperformance. PR Newswire: Record Annual Revenue
• Positive Sentiment: Q4 beat consensus: EPS $1.22 vs. estimates (~$0.91), revenue ~$865M (surged ~127% y/y) driven by higher metal prices and ~35% more GEOs sold—signals stronger cash generation. Yahoo Finance: Q4 Earnings Beat
• Positive Sentiment: Board raised the quarterly dividend 18% to US$0.195/share (first 2026 dividend), continuing a progressive payout policy and returning more capital after record 2025 dividends. Ex-dividend date and payment timing noted in filings. PR Newswire: Dividend Declaration
• Positive Sentiment: Management forecasted stronger 2026 output growth, reinforcing the revenue/production drivers behind the dividend increase and valuation support for a streaming model. Seeking Alpha: Dividend Hike & 2026 Output Forecast
• Positive Sentiment: Analyst activity supportive: Scotiabank nudged up FY estimates and maintains Outperform with a $175 target; RBC remains Buy — adds third-party validation to upside case. MarketBeat: Analyst Notes
• Neutral Sentiment: Company awarded $1M to Cetos Water for wastewater-reuse tech — a sustainability move that supports long-term operating resilience but has limited near-term financial impact. InsiderMonkey: Sustainable Mining Investment
• Neutral Sentiment: Shares showed a modest after-hours uptick following the results and dividend announcement, reflecting immediate positive reception; intraday weakness suggests mixed intraday flows. Yahoo Finance: After-Hours Move
• Negative Sentiment: Despite strong results, the stock is down in regular trading — likely short-term profit-taking and valuation scrutiny (WPM trades at elevated multiples vs. history), which can weigh on the share price until buyers absorb supply.

Wheaton Precious Metals Stock Down 4.1%

Shares of Wheaton Precious Metals stock opened at $139.72 on Monday. The business has a 50-day moving average price of $142.92 and a 200 day moving average price of $119.65. Wheaton Precious Metals Corp. has a fifty-two week low of $68.03 and a fifty-two week high of $165.76. The firm has a market cap of $63.44 billion, a P/E ratio of 43.12, a P/E/G ratio of 2.09 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPM) last issued its 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. Wheaton Precious Metals had a return on equity of 17.69% and a net margin of 63.58%.The company had revenue of $864.71 million during the quarter, compared to analyst estimates of $719.59 million. During the same quarter last year, the firm earned $0.44 EPS. The business’s revenue was up 127.3% on a year-over-year basis. As a group, equities research analysts anticipate that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current year.

Wheaton Precious Metals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be issued a $0.195 dividend. 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 yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Wheaton Precious Metals’s dividend payout ratio is presently 20.37%.

Wheaton Precious Metals Profile

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.