Canoe Financial LP Sells 417,540 Shares of Agnico Eagle Mines Limited $AEM

Canoe Financial LP lowered its position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 37.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 711,604 shares of the mining company’s stock after selling 417,540 shares during the period. Agnico Eagle Mines comprises about 1.6% of Canoe Financial LP’s portfolio, making the stock its 25th biggest position. Canoe Financial LP owned about 0.14% of Agnico Eagle Mines worth $120,680,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital World Investors boosted its stake in shares of Agnico Eagle Mines by 20.0% during the third quarter. Capital World Investors now owns 20,765,804 shares of the mining company’s stock valued at $3,497,470,000 after purchasing an additional 3,462,968 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Agnico Eagle Mines by 1.2% in the third quarter. Vanguard Group Inc. now owns 20,669,949 shares of the mining company’s stock valued at $3,481,382,000 after buying an additional 252,043 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Agnico Eagle Mines by 5.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 11,712,397 shares of the mining company’s stock valued at $1,974,242,000 after buying an additional 602,489 shares during the last quarter. TD Asset Management Inc boosted its position in Agnico Eagle Mines by 1.5% during the 3rd quarter. TD Asset Management Inc now owns 9,500,193 shares of the mining company’s stock worth $1,600,436,000 after buying an additional 143,645 shares during the period. Finally, Mackenzie Financial Corp boosted its position in Agnico Eagle Mines by 1.9% during the 2nd quarter. Mackenzie Financial Corp now owns 8,778,276 shares of the mining company’s stock worth $1,046,468,000 after buying an additional 160,650 shares during the period. Institutional investors and hedge funds own 68.34% of the company’s stock.

Agnico Eagle Mines Stock Up 3.0%

Agnico Eagle Mines stock opened at $193.24 on Friday. The firm has a market cap of $96.82 billion, a price-to-earnings ratio of 21.76 and a beta of 0.61. Agnico Eagle Mines Limited has a 52-week low of $94.77 and a 52-week high of $255.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 2.02. The firm has a 50 day moving average price of $212.80 and a two-hundred day moving average price of $184.42.

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

Agnico Eagle Mines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.45 per share. 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. The ex-dividend date of this dividend was Monday, March 2nd. Agnico Eagle Mines’s payout ratio is currently 20.27%.

More Agnico Eagle Mines News

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

Wall Street Analyst Weigh In

AEM has been the subject of several recent research reports. Canadian Imperial Bank of Commerce set a $296.00 price target on shares of Agnico Eagle Mines and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Jefferies Financial Group set a $189.00 price target on shares of Agnico Eagle Mines in a report on Sunday, December 7th. Raymond James Financial reissued an “outperform” rating and issued a $225.00 price objective on shares of Agnico Eagle Mines in a research note on Wednesday, January 14th. Scotiabank restated an “outperform” rating and issued a $280.00 price objective on shares of Agnico Eagle Mines in a report on Tuesday, February 17th. Finally, Zacks Research raised Agnico Eagle Mines from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 27th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $232.18.

About Agnico Eagle Mines

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.