Leigh Baldwin & CO. LLC Takes $445,000 Position in Wheaton Precious Metals Corp. $WPM

Posted by Brenda Bartman on Aug 24th, 2026

Leigh Baldwin & CO. LLC bought a new position in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,962 shares of the company’s stock, valued at approximately $445,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Wheaton Precious Metals in the fourth quarter valued at approximately $864,977,000. BlackRock Inc. purchased a new stake in Wheaton Precious Metals in the 2nd quarter worth approximately $581,250,000. Deutsche Bank AG acquired a new stake in shares of Wheaton Precious Metals during the 2nd quarter worth approximately $310,372,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Wheaton Precious Metals by 40.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,912,588 shares of the company’s stock worth $694,951,000 after purchasing an additional 1,715,540 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Wheaton Precious Metals during the 2nd quarter worth approximately $189,082,000. 70.34% of the stock is owned by institutional investors and hedge funds.

More Wheaton Precious Metals News

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

Positive Sentiment: Scotiabank maintained a positive outlook for Wheaton’s fiscal 2026 earnings, providing supportive analyst sentiment. Scotiabank Has Positive Estimate for WPM FY2026 Earnings
Neutral Sentiment: Analysts published expectations for Wheaton’s fourth-quarter earnings, giving investors an updated benchmark ahead of the company’s results. The broader consensus remains approximately $4.80 in EPS for the current fiscal year. Equities Analysts Set Expectations for WPM Q4 Earnings
Negative Sentiment: Zacks Research reduced its EPS forecasts across several future periods, including Q3 2026 to $1.05 from $1.14, Q1 2027 to $1.20 from $1.29, and Q2 2027 to $1.10 from $1.13. It also cut Q3 2027 to $0.99 from $1.28 and Q4 2027 to $1.01 from $1.43.
Negative Sentiment: Zacks lowered its full-year 2027 EPS forecast to $4.31 from $5.13 and its 2028 estimate to $4.62 from $5.27. These reductions point to more conservative expectations for Wheaton’s medium-term earnings growth, despite the company’s recent quarterly EPS beat and 84.7% year-over-year revenue increase.

Wall Street Analyst Weigh In

WPM has been the subject of several analyst reports. Royal Bank Of Canada decreased their target price on shares of Wheaton Precious Metals from $165.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Jefferies Financial Group dropped their price target on shares of Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Scotiabank cut their price objective on shares of Wheaton Precious Metals from $180.00 to $175.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Berenberg Bank set a $157.00 price objective on shares of Wheaton Precious Metals in a research report on Tuesday, July 28th. Finally, Weiss Ratings lowered shares of Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $165.55.

Read Our Latest Report on WPM

Wheaton Precious Metals Stock Up 0.0%

Wheaton Precious Metals stock opened at $157.80 on Monday. The stock has a market capitalization of $71.67 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 2.79 and a beta of 0.55. Wheaton Precious Metals Corp. has a 12 month low of $92.57 and a 12 month high of $165.76. The business has a 50 day simple moving average of $119.19 and a 200-day simple moving average of $130.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.47 and a quick ratio of 0.47.

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

Wheaton Precious Metals Dividend Announcement

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

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.