FY2025 EPS Estimates for WisdomTree Cut by Northland Capmk

WisdomTree, Inc. (NYSE:WT) – Analysts at Northland Capmk decreased their FY2025 earnings per share (EPS) estimates for WisdomTree in a report issued on Tuesday, January 7th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of $0.70 per share for the year, down from their previous estimate of $0.72. The consensus estimate for WisdomTree’s current full-year earnings is $0.65 per share.

WT has been the subject of several other reports. Northcoast Research lowered WisdomTree from a “buy” rating to a “neutral” rating in a report on Thursday, January 2nd. UBS Group lifted their price objective on shares of WisdomTree from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $12.79.

WisdomTree Stock Performance

Shares of WT opened at $9.65 on Friday. WisdomTree has a 52 week low of $6.67 and a 52 week high of $12.45. The company has a debt-to-equity ratio of 1.36, a quick ratio of 2.16 and a current ratio of 2.88. The company has a market capitalization of $1.41 billion, a PE ratio of 33.28 and a beta of 1.49. The company’s 50 day moving average price is $11.03 and its 200 day moving average price is $10.45.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Wednesday, November 6th. WisdomTree’s dividend payout ratio (DPR) is presently 41.38%.

Insider Buying and Selling

In related news, insider Etfs Capital Limited. sold 3,000,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $11.34, for a total value of $34,020,000.00. Following the completion of the sale, the insider now directly owns 12,250,000 shares in the company, valued at approximately $138,915,000. The trade was a 19.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jonathan L. Steinberg acquired 67,869 shares of the company’s stock in a transaction on Friday, November 8th. The stock was bought at an average cost of $10.84 per share, with a total value of $735,699.96. Following the completion of the acquisition, the chief executive officer now directly 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. 7.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WT. Headlands Technologies LLC bought a new position in shares of WisdomTree during the 2nd quarter worth about $27,000. GAMMA Investing LLC grew its stake in WisdomTree by 76.8% in the third quarter. GAMMA Investing LLC now owns 4,054 shares of the company’s stock valued at $40,000 after acquiring an additional 1,761 shares during the period. Park Avenue Securities LLC bought a new stake in shares of WisdomTree during the third quarter valued at approximately $105,000. Benjamin Edwards Inc. purchased a new stake in WisdomTree in the 2nd quarter valued at $115,000. Finally, JGP Wealth Management LLC purchased a new stake in shares of WisdomTree in the third quarter valued at about $118,000. Institutional investors and hedge funds own 78.64% of the company’s stock.

About WisdomTree

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.