211,058 Shares in Wheaton Precious Metals Corp. $WPM Acquired by Varma Mutual Pension Insurance Co

Posted by Geri Gentry on Aug 23rd, 2026

Varma Mutual Pension Insurance Co bought a new stake in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 211,058 shares of the company’s stock, valued at approximately $23,734,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. acquired a new position in Wheaton Precious Metals during the second quarter worth $1,524,000. Korea Investment CORP purchased a new position in shares of Wheaton Precious Metals during the second quarter worth $37,362,000. EP Wealth Advisors LLC acquired a new stake in shares of Wheaton Precious Metals in the second quarter valued at $1,088,000. Bard Associates Inc. acquired a new stake in shares of Wheaton Precious Metals in the second quarter valued at $4,609,000. Finally, Ieq Capital LLC acquired a new stake in shares of Wheaton Precious Metals in the second quarter valued at $1,426,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

Key Stories Impacting Wheaton Precious Metals

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

Positive Sentiment: Production growth outlook supports the shares: Wheaton is targeting a roughly 30% increase in production in 2026, driven by the Antamina asset, project ramp-ups and broader portfolio growth. Meeting that target could increase streaming revenue and strengthen earnings momentum. Can Wheaton Precious Metals Meet Its Upbeat 2026 Production Guidance?
Positive Sentiment: Scotiabank raised its forecast and maintained an outperform view: The bank increased its FY2026 EPS estimate to $4.83 from $4.74, above the $4.80 consensus, and kept a “Sector Outperform” rating with a $175 price target. Wheaton Precious Metals analyst coverage
Positive Sentiment: Zacks Research made a modest upward revision to its Q4 2026 EPS forecast, to $1.19 from $1.18, indicating limited near-term improvement in expectations.
Neutral Sentiment: The stock’s recent strength reflects investor interest in precious-metals exposure and Wheaton’s high-margin streaming model, but its elevated valuation leaves performance sensitive to commodity prices and changes in earnings expectations.
Negative Sentiment: Zacks lowered estimates across several future periods: FY2027 EPS was cut to $4.31 from $5.13, FY2028 EPS to $4.62 from $5.27, Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, Q2 2027 to $1.10 from $1.13, Q3 2027 to $0.99 from $1.28, Q4 2027 to $1.01 from $1.43, and Q1 2028 to $1.19 from $1.41. These reductions signal softer projected earnings growth and are a headwind for the stock.

Wheaton Precious Metals Stock Performance

NYSE:WPM opened at $157.80 on Friday. The company has a fifty day simple moving average of $119.19 and a two-hundred day simple moving average of $130.48. The company has a market cap of $71.67 billion, a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 2.79 and a beta of 0.55. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. Wheaton Precious Metals Corp. has a 52 week low of $92.57 and a 52 week high of $165.76.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $878.00 million for the quarter, compared to analysts’ expectations of $879.29 million. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.The company’s revenue for the quarter was up 84.7% compared to the same quarter last year. During the same period last year, the firm earned $0.63 earnings per share. As a group, equities analysts anticipate that Wheaton Precious Metals Corp. will post 4.8 earnings per share for the current fiscal year.

Wheaton Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.195 per share. The ex-dividend date is Thursday, August 20th. This represents a $0.78 annualized dividend and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio is 17.29%.

Analyst Ratings Changes

Several equities analysts recently issued reports on WPM shares. Weiss Ratings lowered Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Scotiabank dropped their target price on Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Royal Bank Of Canada dropped their target price on Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Wall Street Zen lowered shares of Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Bank of America reduced their price target on shares of Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $165.55.

Check Out Our Latest Stock Report on WPM

Wheaton Precious Metals Profile

(Free Report)

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.