Purpose Unlimited Inc. Makes New $5.34 Million Investment in Wheaton Precious Metals Corp. $WPM

Purpose Unlimited Inc. bought a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM) during the 4th quarter, Holdings Channel reports. The firm bought 45,449 shares of the company’s stock, valued at approximately $5,343,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. raised its holdings in shares of Wheaton Precious Metals by 144.4% in the fourth quarter. Assetmark Inc. now owns 220 shares of the company’s stock valued at $26,000 after buying an additional 130 shares during the last quarter. Harvest Fund Management Co. Ltd grew its holdings in Wheaton Precious Metals by 100.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock worth $27,000 after acquiring an additional 117 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new stake in Wheaton Precious Metals during the 4th quarter worth about $28,000. Navalign LLC acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at about $30,000. Finally, Eagle Bay Advisors LLC acquired a new stake in Wheaton Precious Metals in the 4th quarter valued at about $32,000. 70.34% of the stock is currently owned by institutional investors and hedge funds.

Wheaton Precious Metals Stock Up 0.0%

Wheaton Precious Metals stock opened at $122.60 on Friday. The business’s 50-day simple moving average is $131.65 and its 200 day simple moving average is $132.40. The stock has a market cap of $55.68 billion, a price-to-earnings ratio of 30.96, a P/E/G ratio of 2.31 and a beta of 0.51. Wheaton Precious Metals Corp. has a 12-month low of $85.59 and a 12-month high of $165.76.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.04. The firm had revenue of $901.47 million during the quarter, compared to analyst estimates of $868.35 million. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The company’s revenue was up 91.7% on a year-over-year basis. During the same period last year, the company earned $0.55 earnings per share. As a group, sell-side analysts expect that Wheaton Precious Metals Corp. will post 4.99 EPS for the current year.

Wheaton Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were paid a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, May 27th. Wheaton Precious Metals’s dividend payout ratio (DPR) is 19.70%.

Wall Street Analyst Weigh In

WPM has been the subject of a number of research analyst reports. UBS Group raised shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Friday, March 27th. Wall Street Zen cut shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. TD Cowen raised their price target on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a report on Monday, March 16th. BMO Capital Markets began coverage on shares of Wheaton Precious Metals in a research report on Thursday, April 9th. They issued an “outperform” rating and a $240.00 price objective for the company. Finally, Scotiabank boosted their price objective on shares of Wheaton Precious Metals from $178.00 to $180.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $155.64.

More Wheaton Precious Metals News

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Wheaton Precious Metals to $4.65 from $4.50, signaling improved near-term earnings expectations.
• Positive Sentiment: The firm also increased FY2027 EPS to $4.88 from $4.74 and FY2028 EPS to $4.48 from $4.09, indicating a more constructive long-term outlook for the company.
• Positive Sentiment: Quarterly estimates for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027 were all revised higher, which may help investor sentiment around future cash generation and earnings stability.
• Neutral Sentiment: Zacks Research maintained a Hold rating, so the revisions are supportive but not a strong bullish endorsement.
• Neutral Sentiment: The new estimates remain below the broader consensus FY2026 earnings estimate of $4.98 per share, suggesting analysts still see some caution in the outlook.

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.