Vanguard Group Adds $50M in Agnico Eagle Mines Limited ($AEM)

Vanguard Group has boosted its stake in Agnico Eagle Mines Limited (NYSE: AEM) by 309,717 shares, according to its latest 13F filing with the SEC. As of the reporting period, Vanguard holds 20,979,666 shares valued at approximately $3.34 billion, reflecting a 1.5% increase in its position.

What Changed in Vanguard Group's Agnico Eagle Mines Position

Vanguard Group increased its holdings in Agnico Eagle Mines from 20,669,949 shares to 20,979,666 shares, representing an addition of 309,717 shares. This move, which amounts to a 1.5% increase in its stake, brings the total value of its holdings to around $3.34 billion.

Other Institutional Activity in Agnico Eagle Mines

Several other institutional investors have also been active in Agnico Eagle Mines. Capital World Investors added 288,030 shares, bringing its total to 21,626,307 shares valued at approximately $4.39 billion. Van Eck Associates Corp significantly increased its position by 3,987,799 shares, now holding 21,213,276 shares worth $4.31 billion. Meanwhile, FMR LLC reduced its stake by 777,659 shares, ending with 19,577,184 shares valued at $3.97 billion. Royal Bank of Canada added 372,105 shares, totaling 15,031,299 shares valued at $3.05 billion.

Agnico Eagle Mines Stock Snapshot

Shares of Agnico Eagle Mines (NYSE: AEM) are trading around $158.99. The company has a market cap of $81.3 billion and a P/E ratio of 15.31. Its stock has a 52-week range between $114.60 and $255.24, with a 50-day moving average of $189.70 and a 200-day moving average of $184.26. Agnico Eagle Mines has a beta of 0.566, indicating lower volatility compared to the market.

Recent Earnings

Agnico Eagle Mines reported revenue of $13.54 billion with a growth rate of 66.1%. The company posted an EPS of $10.62, with a net margin of 39.5% and a return on equity of 22.3%. The next earnings report is expected on July 29, 2026.

Dividend

Agnico Eagle Mines offers an annual dividend rate of $1.80, yielding 1.11% based on recent prices. The dividend payout ratio stands at 15.54%.

Analysts Set New Price Targets

On May 26, 2026, CIBC maintained a 'buy' rating for Agnico Eagle Mines with a price target of $310. Barclays initiated coverage with a 'buy' rating and a $213 price target on May 22, 2026. JP Morgan maintained a 'hold' rating with a target of $302 on May 5, 2026. The consensus among analysts is a 'buy' rating, with an average price target of $249.60 based on 15 opinions.

About Agnico Eagle Mines

Agnico Eagle Mines Limited is a gold mining company based in Toronto, Canada. It explores, develops, and produces gold, silver, copper, and zinc across its mines in Canada, Australia, Finland, and Mexico. The company is led by CEO Ammar Al-Joundi and was founded in 1953. It operates in the Basic Materials sector and the Gold industry.

Bottom Line

Vanguard Group's decision to increase its stake in Agnico Eagle Mines signals continued interest in the company. As a major player in the gold mining industry, Agnico Eagle Mines attracts attention from institutional investors and analysts alike. Keep in mind that 13F filings reflect past positions and may not indicate current holdings.