Ethic Inc. Buys 7,894 Shares of Wheaton Precious Metals Corp. $WPM

Posted by Brenda Bartman on May 13th, 2026

Ethic Inc. increased its stake in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) by 88.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,823 shares of the company’s stock after purchasing an additional 7,894 shares during the period. Ethic Inc.’s holdings in Wheaton Precious Metals were worth $1,977,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in shares of Wheaton Precious Metals during the first quarter worth about $331,000. Focus Partners Wealth grew its holdings in shares of Wheaton Precious Metals by 10.7% during the first quarter. Focus Partners Wealth now owns 11,223 shares of the company’s stock worth $871,000 after buying an additional 1,081 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Wheaton Precious Metals in the 1st quarter valued at approximately $209,000. Sivia Capital Partners LLC bought a new stake in Wheaton Precious Metals in the 2nd quarter valued at approximately $239,000. Finally, Rhumbline Advisers lifted its stake in Wheaton Precious Metals by 28.3% in the 2nd quarter. Rhumbline Advisers now owns 2,952 shares of the company’s stock valued at $265,000 after acquiring an additional 652 shares in the last quarter. 70.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. TD Cowen raised their price target on shares of Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Wheaton Precious Metals in a research report on Wednesday, February 4th. Scotiabank increased their target price on shares of Wheaton Precious Metals from $175.00 to $178.00 and gave the stock a “sector outperform” rating in a report on Monday, March 16th. UBS Group raised shares of Wheaton Precious Metals from a “neutral” rating to a “buy” rating and set a $160.00 target price for the company in a research report on Friday, March 27th. Finally, Zacks Research lowered shares of Wheaton Precious Metals from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Thirteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $155.45.

Check Out Our Latest Stock Report on Wheaton Precious Metals

Wheaton Precious Metals Stock Down 0.7%

Shares of NYSE WPM opened at $142.82 on Wednesday. The business’s 50 day moving average price is $137.84 and its two-hundred day moving average price is $127.78. The company has a market cap of $64.86 billion, a PE ratio of 36.07, a price-to-earnings-growth ratio of 2.77 and a beta of 0.50. Wheaton Precious Metals Corp. has a twelve month low of $75.42 and a twelve month high of $165.76.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. Wheaton Precious Metals had a return on equity of 20.20% and a net margin of 65.55%.The company had revenue of $901.47 million during the quarter, compared to analysts’ expectations of $868.35 million. During the same period last year, the firm posted $0.55 earnings per share. The business’s revenue was up 91.7% on a year-over-year basis. As a group, research analysts anticipate that Wheaton Precious Metals Corp. will post 4.88 EPS for the current fiscal year.

Wheaton Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.195 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.78 annualized dividend and a yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 19.70%.

About Wheaton Precious Metals

(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.