Wheaton Precious Metals (NYSE:WPM) Cut to “Buy” at Wall Street Zen

Wheaton Precious Metals (NYSE:WPM) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other research analysts have also commented on WPM. Jefferies Financial Group reissued a “buy” rating and issued a $145.00 price objective on shares of Wheaton Precious Metals in a research note on Sunday, December 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a report on Wednesday, February 4th. Scotiabank raised their price target on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the company a “sector outperform” rating in a research report on Monday, March 16th. Zacks Research downgraded shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Royal Bank Of Canada raised Wheaton Precious Metals from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $115.00 to $130.00 in a research report on Wednesday, December 10th. Thirteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Wheaton Precious Metals currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.36.

Wheaton Precious Metals Trading Up 4.6%

Shares of NYSE WPM opened at $124.48 on Friday. The stock has a fifty day simple moving average of $142.22 and a 200-day simple moving average of $120.98. Wheaton Precious Metals has a twelve month low of $68.03 and a twelve month high of $165.76. The stock has a market capitalization of $56.52 billion, a PE ratio of 38.42, a PEG ratio of 1.70 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPM) last announced its earnings results on Thursday, March 12th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.31. The company 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%.Wheaton Precious Metals’s revenue for the quarter was up 127.3% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. On average, equities analysts predict that Wheaton Precious Metals will post 1.46 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Wheaton Precious Metals during the 1st quarter worth $331,000. Focus Partners Wealth increased its holdings in Wheaton Precious Metals by 10.7% in the first quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock valued at $871,000 after buying an additional 1,081 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Wheaton Precious Metals in the first quarter valued at $209,000. Sivia Capital Partners LLC acquired a new stake in Wheaton Precious Metals in the second quarter valued at $239,000. Finally, Franklin Resources Inc. raised its stake in Wheaton Precious Metals by 1.0% in the second quarter. Franklin Resources Inc. now owns 172,852 shares of the company’s stock valued at $15,553,000 after buying an additional 1,657 shares in the last quarter. Institutional investors and hedge funds 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

Wheaton Precious Metals Company 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.