Wheaton Precious Metals (NYSE:WPM) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Wheaton Precious Metals (NYSE:WPM) issued its quarterly earnings data on Thursday. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.24 by $0.04, Zacks reports. The company 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 20.87% and a net margin of 65.55%.Wheaton Precious Metals’s revenue was up 91.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 earnings per share.

Wheaton Precious Metals Price Performance

Shares of WPM stock traded up $7.43 during trading hours on Friday, hitting $138.99. The stock had a trading volume of 2,976,946 shares, compared to its average volume of 2,218,524. Wheaton Precious Metals has a one year low of $75.42 and a one year high of $165.76. The stock’s 50-day moving average price is $138.97 and its two-hundred day moving average price is $126.88. The stock has a market capitalization of $63.12 billion, a price-to-earnings ratio of 35.10, a PEG ratio of 2.68 and a beta of 0.50.

Wheaton Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th will be given a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, May 27th. Wheaton Precious Metals’s payout ratio is presently 24.07%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Scotiabank lifted their target price on 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. BMO Capital Markets assumed coverage on Wheaton Precious Metals in a research report on Thursday, April 9th. They set an “outperform” rating and a $240.00 target price on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. TD Securities lifted their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Zacks Research downgraded Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Thirteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $155.45.

Institutional Investors Weigh In On Wheaton Precious Metals

Several large investors have recently made changes to their positions in the company. Invesco Ltd. increased its holdings in shares of Wheaton Precious Metals by 17.2% in the fourth quarter. Invesco Ltd. now owns 2,474,126 shares of the company’s stock worth $290,759,000 after purchasing an additional 363,699 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Wheaton Precious Metals by 252.1% in the fourth quarter. Corient Private Wealth LLC now owns 56,640 shares of the company’s stock worth $6,656,000 after purchasing an additional 40,555 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Wheaton Precious Metals by 20.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,076 shares of the company’s stock worth $832,000 after purchasing an additional 1,200 shares during the last quarter. Caitlin John LLC increased its holdings in shares of Wheaton Precious Metals by 1,508.0% in the fourth quarter. Caitlin John LLC now owns 1,608 shares of the company’s stock worth $189,000 after purchasing an additional 1,508 shares during the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of Wheaton Precious Metals by 106.1% in the fourth quarter. Vident Advisory LLC now owns 56,024 shares of the company’s stock worth $6,584,000 after purchasing an additional 28,838 shares during the last quarter. 70.34% of the stock is owned by institutional investors.

Wheaton Precious Metals News Roundup

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

• Positive Sentiment: Wheaton Precious Metals reported record quarterly revenue, earnings and cash flow, signaling strong operating momentum and better-than-expected performance across key assets. Record Revenue, Earnings and Cash Flow Press Release
• Positive Sentiment: The company beat Wall Street estimates on both earnings and revenue, with EPS of $1.28 versus expectations around $1.24 to $1.15 depending on the source, which supports investor enthusiasm. Earnings Report
• Positive Sentiment: The board declared a quarterly dividend of $0.195 per share, an 18% increase from the prior-year quarterly dividend, reinforcing the company’s cash-generation story. Dividend Declaration
• Positive Sentiment: Management announced the Antamina silver stream with BHP, described as the largest transaction in Wheaton’s history, which could expand future production and growth visibility. Q1 2026 Earnings Transcript
• Neutral Sentiment: Earlier commentary noted that the stock had already seen strong recent momentum heading into the earnings release, so part of the move may reflect existing bullish sentiment rather than the quarter alone. Valuation After Share Price Momentum

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.