Osaic Holdings Reduces $2M in Agnico Eagle Mines Limited ($AEM)

Osaic Holdings has cut its stake in Agnico Eagle Mines Limited (NYSE:AEM) by 21.7%, according to a recent SEC filing. The firm reduced its position by 10,715 shares, leaving it with 38,640 shares valued at approximately $6.76 million as of the reporting period.

What Changed in Osaic Holdings' Agnico Eagle Mines Position

Osaic Holdings' decision to reduce its holdings in Agnico Eagle Mines by 10,715 shares reflects a notable portfolio adjustment. The firm now holds 38,640 shares, down from 49,355 shares, marking a 21.7% decrease in its position. The shares are valued at about $6.76 million.

Other Institutional Activity in Agnico Eagle Mines

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

Agnico Eagle Mines Stock Snapshot

Shares of Agnico Eagle Mines (NYSE:AEM) traded near $175.03. The company has a market cap of $85.9 billion and a P/E ratio of 16.18. Its forward P/E is 11.86, with a beta of 0.566, indicating lower volatility compared to the market. The stock's 52-week range is between $114.60 and $255.24, with a 50-day moving average of $188.96 and a 200-day moving average of $184.42. Agnico Eagle Mines maintains a current ratio of 3.15, a quick ratio of 2.03, and a debt-to-equity ratio of 1.22.

Recent Earnings

Agnico Eagle Mines reported revenue of $13.54 billion, with a year-over-year growth of 66.1%. The company's earnings per share (EPS) stand at $10.62, with a net margin of 39.46% and a return on equity (ROE) of 22.3%. The next earnings report is scheduled for July 29, 2026.

Dividend

Agnico Eagle Mines pays an annual dividend rate of $1.80, yielding 1.05% with a payout ratio of 15.54%.

Analysts Set New Price Targets

On May 26, 2026, CIBC maintained its 'buy' rating for Agnico Eagle Mines with a price target of $310. Barclays initiated coverage on May 22, 2026, with a 'buy' rating and a $213 price target. JP Morgan maintained its 'hold' rating with various targets, including $302 on May 5, 2026, and $222 on May 4, 2026. The consensus among 15 analysts is a 'buy' rating, with a mean target price of $249.60.

About Agnico Eagle Mines

Agnico Eagle Mines Limited is a gold mining company based in Toronto, Canada. It explores, develops, and produces precious metals such as gold, silver, copper, and zinc. The company operates mines in Canada, Australia, Finland, and Mexico, and engages in exploration and development activities across several continents, including Europe and Latin America. Founded in 1953, Agnico Eagle Mines is led by CEO Ammar Al-Joundi.

Bottom Line

Osaic Holdings' reduction in its Agnico Eagle Mines stake is part of a broader trend among institutional investors adjusting their positions in the company. While the 13F filing reflects past holdings, it offers insight into how major investors view the stock. With recent analyst ratings maintaining 'buy' recommendations, Agnico Eagle Mines remains a company to watch in the gold mining sector.