WisdomTree FY2025 EPS Forecast Reduced by Northland Capmk

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

A number of other equities analysts have also recently issued reports on the stock. Northcoast Research cut shares of WisdomTree from a “buy” rating to a “neutral” rating in a report on Thursday, January 2nd. UBS Group increased their target price on WisdomTree from $12.00 to $14.00 and gave the stock 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 stock. According to data from MarketBeat, WisdomTree presently has an average rating of “Moderate Buy” and a consensus target price of $12.79.

WisdomTree Stock Performance

WisdomTree stock opened at $9.35 on Friday. The company has a market cap of $1.37 billion, a PE ratio of 32.24 and a beta of 1.49. WisdomTree has a 12 month low of $6.67 and a 12 month high of $12.45. The company has a fifty day moving average price of $11.03 and a two-hundred day moving average price of $10.45. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.88 and a quick ratio of 2.16.

WisdomTree Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Wednesday, November 6th. WisdomTree’s payout ratio is currently 41.38%.

Insiders Place Their Bets

In other news, insider Etfs Capital Limited. sold 3,000,000 shares of WisdomTree stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $11.34, for a total transaction of $34,020,000.00. Following the transaction, the insider now directly owns 12,250,000 shares in the company, valued at approximately $138,915,000. This trade represents a 19.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jonathan L. Steinberg acquired 67,869 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was purchased at an average price of $10.84 per share, with a total value of $735,699.96. Following the acquisition, the chief executive officer now owns 9,240,707 shares of the company’s stock, valued at approximately $100,169,263.88. This trade 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 insiders.

Institutional Inflows and Outflows

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

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.