Groupe la Francaise lifted its position in Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 47.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 261,835 shares of the mining company’s stock after buying an additional 84,447 shares during the quarter. Groupe la Francaise’s holdings in Agnico Eagle Mines were worth $52,974,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new position in Agnico Eagle Mines in the 4th quarter valued at $26,000. Lodestone Wealth Management LLC acquired a new stake in shares of Agnico Eagle Mines in the fourth quarter valued at about $35,000. Jessup Wealth Management Inc bought a new position in shares of Agnico Eagle Mines in the fourth quarter worth about $35,000. Bangor Savings Bank acquired a new position in shares of Agnico Eagle Mines during the 4th quarter worth about $37,000. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Agnico Eagle Mines during the 4th quarter worth about $39,000. 68.34% of the stock is owned by institutional investors.
Key Stories Impacting Agnico Eagle Mines
Here are the key news stories impacting Agnico Eagle Mines this week:
- Positive Sentiment: Agnico Eagle reported adjusted earnings of $3.05 per share, exceeding the $2.89 consensus estimate and rising from $1.94 a year earlier. Revenue increased 35% year over year to $3.77 billion, while record quarterly free cash flow reflected better-than-planned production, disciplined cost control and strong margins. Agnico Eagle Reports Second Quarter 2026 Results
- Positive Sentiment: Management maintained its 2026 production outlook and highlighted record shareholder returns, supporting confidence in the company’s ability to convert elevated gold prices and operational performance into cash. Agnico Eagle Reports Higher Q2 Earnings
- Positive Sentiment: The earnings call and quarterly filings outlined continued investment in the Central Lapland region of Finland, including acquisitions that could strengthen Agnico Eagle’s long-term exploration and growth pipeline. Agnico Eagle Accelerates Finnish Expansion
- Neutral Sentiment: Options-market implied volatility has risen, signaling increased expectations for AEM price movement around the earnings release, but not indicating a clear directional bias. Implied Volatility Surging for Agnico Eagle Mines Stock Options
- Negative Sentiment: Quarterly revenue of $3.77 billion narrowly missed the $3.78 billion estimate, and updated production and spending guidance suggests potential changes to the company’s cost and capital plans. Agnico Eagle’s Q2 Earnings Surpass Estimates
- Negative Sentiment: Erste Group lowered its 2026 and 2027 EPS forecasts, while the broader analyst-rating commentary cautioned that favorable brokerage recommendations may be overly optimistic. These revisions could limit upside despite the strong quarter.
Agnico Eagle Mines Price Performance
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last announced its quarterly earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.88% and a net margin of 40.44%.The firm had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the prior year, the business posted $1.94 earnings per share. The business’s revenue was up 35.0% compared to the same quarter last year. On average, sell-side analysts forecast that Agnico Eagle Mines Limited will post 11.76 EPS for the current fiscal year.
Wall Street Analyst Weigh In
AEM has been the topic of a number of research analyst reports. Scotiabank lowered their target price on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating on the stock in a report on Tuesday, July 14th. Bank of America cut their price target on Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating for the company in a report on Thursday, July 9th. TD increased their price objective on Agnico Eagle Mines from $251.00 to $252.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lowered their price objective on shares of Agnico Eagle Mines from $222.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Finally, Weiss Ratings lowered shares of Agnico Eagle Mines from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Agnico Eagle Mines currently has a consensus rating of “Moderate Buy” and an average target price of $225.69.
Check Out Our Latest Research Report on AEM
Agnico Eagle Mines Company Profile
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.
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