Northland Capmk Decreases Earnings Estimates for WisdomTree

WisdomTree, Inc. (NYSE:WT - Free Report) - Northland Capmk decreased their FY2025 earnings per share (EPS) estimates for shares of WisdomTree in a research report issued to clients and investors on Tuesday, January 7th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.70 per share for the year, down from their prior forecast of $0.72. The consensus estimate for WisdomTree's current full-year earnings is $0.65 per share.

Other analysts have also issued reports about the stock. UBS Group upped their price target on shares of WisdomTree from $12.00 to $14.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Northcoast Research lowered shares of WisdomTree from a "buy" rating to a "neutral" rating in a research note on Thursday, January 2nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $12.79.

WisdomTree Stock Down 2.8 %

Shares of WisdomTree stock traded down $0.27 on Friday, reaching $9.35. 1,844,986 shares of the company were exchanged, compared to its average volume of 2,680,948. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 32.24 and a beta of 1.49. The company has a current ratio of 2.88, a quick ratio of 2.16 and a debt-to-equity ratio of 1.36. WisdomTree has a one year low of $6.67 and a one year high of $12.45. The company has a 50-day moving average of $11.03 and a 200 day moving average of $10.45.

WisdomTree Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 6th. This represents a $0.12 annualized dividend and a yield of 1.28%. WisdomTree's dividend payout ratio (DPR) is presently 41.38%.

Insider Transactions at WisdomTree

In other WisdomTree news, insider Peter M. Ziemba sold 100,000 shares of the business's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $11.43, for a total value of $1,143,000.00. Following the completion of the sale, the insider now owns 948,386 shares of the company's stock, valued at $10,840,051.98. The trade was a 9.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jonathan L. Steinberg bought 67,869 shares of the firm's stock in a transaction on Friday, November 8th. The shares were acquired at an average price of $10.84 per share, for a total transaction of $735,699.96. Following the transaction, the chief executive officer now owns 9,240,707 shares in the company, valued at approximately $100,169,263.88. This represents a 0.74 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 7.80% of the company's stock.

Institutional Investors Weigh In On WisdomTree

A number of hedge funds and other institutional investors have recently made changes to their positions in WT. Headlands Technologies LLC bought a new position in WisdomTree during the 2nd quarter worth $27,000. GAMMA Investing LLC grew its holdings in shares of WisdomTree by 76.8% during the 3rd quarter. GAMMA Investing LLC now owns 4,054 shares of the company's stock worth $40,000 after purchasing an additional 1,761 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of WisdomTree in the third quarter worth $105,000. Benjamin Edwards Inc. acquired a new position in WisdomTree in the second quarter valued at about $115,000. Finally, JGP Wealth Management LLC bought a new stake in WisdomTree during the third quarter worth about $118,000. 78.64% of the stock is currently owned by institutional investors and hedge funds.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.