FY2025 EPS Estimates for WisdomTree Cut by Northland Capmk

WisdomTree, Inc. (NYSE:WT) – Northland Capmk cut their FY2025 earnings per share estimates for WisdomTree in a report issued 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 previous forecast of $0.72. The consensus estimate for WisdomTree’s current full-year earnings is $0.65 per share.

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

WisdomTree Price Performance

WT stock opened at $9.65 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 33.28 and a beta of 1.49. WisdomTree has a 12 month low of $6.67 and a 12 month high of $12.45. The firm has a 50 day moving average of $11.03 and a 200-day moving average of $10.45. The company has a current ratio of 2.88, a quick ratio of 2.16 and a debt-to-equity ratio of 1.36.

Hedge Funds Weigh In On WisdomTree

A number of institutional investors and hedge funds have recently modified their holdings of WT. Azora Capital LP raised its holdings in shares of WisdomTree by 12.1% in the third quarter. Azora Capital LP now owns 10,609,577 shares of the company’s stock valued at $105,990,000 after acquiring an additional 1,142,151 shares in the last quarter. State Street Corp lifted its position in shares of WisdomTree by 7.6% during the third quarter. State Street Corp now owns 5,678,905 shares of the company’s stock valued at $56,732,000 after buying an additional 399,839 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of WisdomTree by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,914,051 shares of the company’s stock valued at $29,117,000 after buying an additional 93,140 shares in the last quarter. FMR LLC grew its position in shares of WisdomTree by 390.7% in the 3rd quarter. FMR LLC now owns 2,859,073 shares of the company’s stock worth $28,562,000 after buying an additional 2,276,452 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of WisdomTree by 21.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,332,762 shares of the company’s stock worth $23,304,000 after acquiring an additional 410,348 shares in the last quarter. Hedge funds and other institutional investors own 78.64% of the company’s stock.

Insiders Place Their Bets

In other WisdomTree news, insider Etfs Capital Limited. sold 3,000,000 shares of WisdomTree stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the transaction, the insider now owns 12,250,000 shares of the company’s stock, valued at $138,915,000. The trade was a 19.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Peter M. Ziemba sold 100,000 shares of the firm’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 sale, the insider now directly owns 948,386 shares in the company, valued at approximately $10,840,051.98. This represents a 9.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.80% of the stock is currently owned by insiders.

WisdomTree Dividend Announcement

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

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.