Wheaton Precious Metals slides as gold and silver sell off sharply, pressuring streaming names

Wheaton Precious Metals Corp. (WPM) is down 8.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears primarily tied to a broad, sharp sell-off in precious metals prices, which tends to pressure the cash-flow outlook and near-term sentiment for precious-metals royalty/streaming companies. A stronger U.S. dollar and a risk-off tape also seem to be weighing on the complex, dragging the broader mining/metal equities group lower.

Details:

Gold prices fell roughly 5% in Tuesday trading after a brief geopolitical-driven spike, reversing momentum that had supported precious-metals equities.

Silver prices also dropped sharply (high single-digits), which is particularly relevant for Wheaton given its meaningful silver exposure through streaming contracts.

Mining and metals stocks broadly sold off alongside the metal-price move, suggesting today’s action is more sector/macro driven than company-specific.

Separately, the company has scheduled its Q4/full-year 2025 results for March 12, 2026; ahead of results, high expectations can amplify downside when the underlying commodities weaken.

Sources:

Investopedia, Barron’s, Wheaton Precious Metals (Investor Relations)

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$WPM Hedge Fund Activity

We have seen 376 institutional investors add shares of $WPM stock to their portfolio, and 356 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIL LTD removed 6,927,672 shares (-69.7%) from their portfolio in Q4 2025, for an estimated $814,140,013
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 4,047,228 shares (+58.2%) to their portfolio in Q4 2025, for an estimated $475,630,234
FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 1,768,855 shares (-10.3%) from their portfolio in Q4 2025, for an estimated $207,875,839
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,715,540 shares (+40.9%) to their portfolio in Q4 2025, for an estimated $201,610,260
ROYAL BANK OF CANADA removed 1,551,646 shares (-15.3%) from their portfolio in Q4 2025, for an estimated $182,349,437
VAN ECK ASSOCIATES CORP added 1,402,092 shares (+10.7%) to their portfolio in Q4 2025, for an estimated $164,773,851
TIDAL INVESTMENTS LLC removed 1,229,212 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $144,456,994

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$WPM Congressional Stock Trading

Members of Congress have traded $WPM stock 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $WPM stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 4 purchases worth up to $95,000 on 01/27, 11/18, 10/17, 09/12 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$WPM Analyst Ratings

Wall Street analysts have issued reports on $WPM in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 12/10/2025
Scotiabank issued a "Sector Outperform" rating on 10/23/2025
CIBC issued a "Outperformer" rating on 10/10/2025
Raymond James issued a "Outperform" rating on 10/10/2025

To track analyst ratings and price targets for $WPM, check out Quiver Quantitative's $WPM forecast page.

$WPM Price Targets

Multiple analysts have issued price targets for $WPM recently. We have seen 6 analysts offer price targets for $WPM in the last 6 months, with a median target of $129.0.

Here are some recent targets:

Josh Wolfson from RBC Capital set a target price of $130.0 on 12/10/2025
Daniel Major from UBS set a target price of $118.0 on 12/01/2025
Tanya Jakusconek from Scotiabank set a target price of $128.0 on 10/23/2025
Lawson Winder from B of A Securities set a target price of $132.0 on 10/16/2025
Cosmos Chiu from CIBC set a target price of $160.0 on 10/10/2025
Brian MacArthur from Raymond James set a target price of $127.0 on 10/10/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.