Agnico Eagle Mines Limited $AEM Shares Purchased by Red Cedar Investment Management LLC

Posted by Brenda Bartman on Jun 10th, 2026

Red Cedar Investment Management LLC boosted its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 17.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,341 shares of the mining company’s stock after acquiring an additional 5,668 shares during the quarter. Agnico Eagle Mines accounts for approximately 0.7% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 28th biggest position. Red Cedar Investment Management LLC’s holdings in Agnico Eagle Mines were worth $6,500,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Abound Wealth Management boosted its stake in shares of Agnico Eagle Mines by 99.0% in the fourth quarter. Abound Wealth Management now owns 209 shares of the mining company’s stock valued at $35,000 after purchasing an additional 104 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of Agnico Eagle Mines in the fourth quarter valued at approximately $35,000. Caitlin John LLC purchased a new stake in Agnico Eagle Mines during the 3rd quarter worth approximately $36,000. Bangor Savings Bank acquired a new stake in Agnico Eagle Mines during the 4th quarter worth approximately $37,000. Finally, Addison Advisors LLC lifted its holdings in Agnico Eagle Mines by 94.1% during the 3rd quarter. Addison Advisors LLC now owns 229 shares of the mining company’s stock worth $39,000 after buying an additional 111 shares in the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on AEM shares. UBS Group dropped their price target on shares of Agnico Eagle Mines from $240.00 to $210.00 and set a “neutral” rating for the company in a research note on Friday, March 27th. Weiss Ratings lowered Agnico Eagle Mines from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. boosted their target price on Agnico Eagle Mines from $220.00 to $222.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Zacks Research downgraded Agnico Eagle Mines from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Finally, Canadian Imperial Bank of Commerce increased their price target on Agnico Eagle Mines from C$304.00 to C$310.00 and gave the company an “outperform” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $236.08.

View Our Latest Research Report on AEM

Agnico Eagle Mines Price Performance

Shares of AEM opened at $159.65 on Wednesday. The firm has a market capitalization of $79.90 billion, a price-to-earnings ratio of 15.00, a PEG ratio of 3.57 and a beta of 0.56. The firm’s fifty day simple moving average is $192.71 and its 200-day simple moving average is $194.65. Agnico Eagle Mines Limited has a twelve month low of $114.60 and a twelve month high of $255.24. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last issued its earnings results on Thursday, April 30th. The mining company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.21. The firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.96 billion. Agnico Eagle Mines had a net margin of 39.46% and a return on equity of 21.09%. The company’s revenue was up 66.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.53 earnings per share. Equities analysts forecast that Agnico Eagle Mines Limited will post 13.18 EPS for the current fiscal year.

Agnico Eagle Mines Profile

(Free Report)

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.