Alberta Investment Management Corp Takes $194.20 Million Position in Agnico Eagle Mines Limited $AEM

Posted by Geri Gentry on Jun 16th, 2026

Alberta Investment Management Corp bought a new stake in Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,145,114 shares of the mining company’s stock, valued at approximately $194,195,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AEM. Salvus Wealth Management LLC lifted its position in Agnico Eagle Mines by 0.9% during the 4th quarter. Salvus Wealth Management LLC now owns 6,301 shares of the mining company’s stock worth $1,068,000 after buying an additional 57 shares in the last quarter. Brookwood Investment Group LLC increased its stake in shares of Agnico Eagle Mines by 4.5% in the 4th quarter. Brookwood Investment Group LLC now owns 1,361 shares of the mining company’s stock valued at $231,000 after acquiring an additional 58 shares during the last quarter. Baron Wealth Management LLC increased its stake in shares of Agnico Eagle Mines by 3.2% in the 4th quarter. Baron Wealth Management LLC now owns 1,879 shares of the mining company’s stock valued at $319,000 after acquiring an additional 59 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Agnico Eagle Mines by 1.1% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,266 shares of the mining company’s stock valued at $893,000 after acquiring an additional 59 shares during the last quarter. Finally, Baker Ellis Asset Management LLC increased its stake in shares of Agnico Eagle Mines by 0.8% in the 4th quarter. Baker Ellis Asset Management LLC now owns 7,550 shares of the mining company’s stock valued at $1,280,000 after acquiring an additional 63 shares during the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on AEM shares. Barclays assumed coverage on Agnico Eagle Mines in a research note on Thursday, May 21st. They set an “overweight” rating and a $213.00 target price for the company. Canadian Imperial Bank of Commerce raised their price target on Agnico Eagle Mines from C$304.00 to C$310.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. TD lifted their target price on Agnico Eagle Mines from $251.00 to $252.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Agnico Eagle Mines from $220.00 to $222.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, TD Securities boosted their price target on Agnico Eagle Mines from $241.00 to $251.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $236.08.

Read Our Latest Research Report on AEM

Agnico Eagle Mines Stock Performance

NYSE:AEM opened at $171.68 on Tuesday. The stock has a market cap of $85.92 billion, a P/E ratio of 16.14, a price-to-earnings-growth ratio of 3.57 and a beta of 0.56. The company has a current ratio of 3.15, a quick ratio of 2.18 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is $189.34 and its 200-day moving average is $194.60. Agnico Eagle Mines Limited has a 1-year low of $114.60 and a 1-year high of $255.24.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last released its quarterly earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.21. The company had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The business’s quarterly revenue was up 66.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.53 earnings per share. Equities research analysts anticipate that Agnico Eagle Mines Limited will post 13.2 earnings per share for the current year.

Agnico Eagle Mines Company 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.