6,178 Agnico Eagle Mines Limited $AEM Shares Bought by Cardinal Point Capital Management ULC

Posted by Stanley Muller on Oct 22nd, 2026

Cardinal Point Capital Management ULC raised its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 8.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 77,014 shares of the mining company’s stock after purchasing an additional 6,178 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Agnico Eagle Mines were worth $14,146,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Deutsche Bank AG purchased a new position in Agnico Eagle Mines in the second quarter worth about $1,362,158,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Agnico Eagle Mines in the second quarter worth approximately $927,602,000. Bank of America Corp DE purchased a new stake in shares of Agnico Eagle Mines during the second quarter valued at approximately $844,096,000. The Manufacturers Life Insurance Company grew its holdings in shares of Agnico Eagle Mines by 9.0% during the first quarter. The Manufacturers Life Insurance Company now owns 4,091,837 shares of the mining company’s stock valued at $829,916,000 after buying an additional 338,486 shares during the last quarter. Finally, Amundi grew its holdings in shares of Agnico Eagle Mines by 4.6% during the first quarter. Amundi now owns 3,533,877 shares of the mining company’s stock valued at $717,306,000 after buying an additional 155,185 shares during the last quarter. 68.34% of the stock is currently owned by institutional investors.

Agnico Eagle Mines Price Performance

Shares of NYSE:AEM opened at $187.29 on Thursday. Agnico Eagle Mines Limited has a fifty-two week low of $134.38 and a fifty-two week high of $255.24. The business has a 50-day simple moving average of $195.46 and a two-hundred day simple moving average of $181.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.02 and a current ratio of 2.86. The firm has a market cap of $94.95 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 2.75 and a beta of 0.64.

Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last posted its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.16. The business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Agnico Eagle Mines had a net margin of 40.44% and a return on equity of 22.04%. The business’s revenue for the quarter was up 35.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.94 EPS. On average, analysts expect that Agnico Eagle Mines Limited will post 11.47 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on AEM. Raymond James Financial reduced their price target on shares of Agnico Eagle Mines from $230.00 to $225.00 and set an “outperform” rating for the company in a research report on Friday, September 4th. Canadian Imperial Bank of Commerce set a $239.00 price objective on Agnico Eagle Mines in a research report on Friday, October 16th. Royal Bank Of Canada upped their price objective on Agnico Eagle Mines from $210.00 to $225.00 and gave the company a “sector perform” rating in a research report on Wednesday, September 16th. Barclays increased their target price on Agnico Eagle Mines from $188.00 to $218.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Jefferies Financial Group raised Agnico Eagle Mines from a “hold” rating to a “buy” rating and lifted their target price for the stock from $187.00 to $200.00 in a report on Monday, July 6th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Agnico Eagle Mines has an average rating of “Moderate Buy” and a consensus target price of $225.23.

Check Out Our Latest Stock Analysis on Agnico Eagle Mines

Agnico Eagle Mines Company Profile

(Free Report)

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.