3,438,692 Shares in Agnico Eagle Mines Limited $AEM Purchased by Canada Pension Plan Investment Board

Posted by Brenda Bartman on Aug 26th, 2026

Canada Pension Plan Investment Board acquired a new position in Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 3,438,692 shares of the mining company’s stock, valued at approximately $533,750,000.

Other large investors also recently added to or reduced their stakes in the company. Acumen Wealth Advisors LLC purchased a new position in Agnico Eagle Mines during the 4th quarter valued at about $26,000. Dunhill Financial LLC purchased a new stake in shares of Agnico Eagle Mines during the second quarter worth $31,000. Fiduciary Financial Advisors purchased a new stake in shares of Agnico Eagle Mines during the second quarter worth $32,000. Jessup Wealth Management Inc acquired a new stake in shares of Agnico Eagle Mines in the fourth quarter valued at $35,000. Finally, Allied Private Wealth LLC purchased a new position in Agnico Eagle Mines in the second quarter valued at $36,000. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines Stock Up 2.8%

Shares of NYSE:AEM opened at $224.04 on Wednesday. The firm has a 50 day simple moving average of $162.91 and a 200-day simple moving average of $187.00. Agnico Eagle Mines Limited has a twelve month low of $134.38 and a twelve month high of $255.24. The company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $113.57 billion, a PE ratio of 19.17, a P/E/G ratio of 2.71 and a beta of 0.60.

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. The firm had revenue of $3.77 billion during 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%. Agnico Eagle Mines’s quarterly revenue was up 35.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.94 earnings per share. On average, equities analysts predict that Agnico Eagle Mines Limited will post 11.56 EPS for the current fiscal year.

Analysts Set New Price Targets

AEM has been the topic of a number of analyst reports. Citigroup reduced their price target on Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Bank of America cut their target price on shares of Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and raised their target price for the company from $187.00 to $200.00 in a report on Monday, July 6th. Wall Street Zen cut shares of Agnico Eagle Mines from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Barclays dropped their price objective on shares of Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Agnico Eagle Mines presently has an average rating of “Moderate Buy” and a consensus price target of $226.00.

Read Our Latest Stock Report on AEM

Agnico Eagle Mines Profile

(Free Report)

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.

3,438,692 Shares in Agnico Eagle Mines Limited $AEM Purchased by Canada Pension Plan Investment Board

Agnico Eagle Mines Stock Up 2.8%

Analysts Set New Price Targets

Agnico Eagle Mines Profile

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