Cactus (WHD) to Post Quarterly Earnings on Wednesday

Cactus (NYSE:WHD) will likely be announcing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Cactus to post earnings of $0.6370 per share and revenue of $400.8160 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.05. The company had revenue of $388.35 million during the quarter, compared to analyst estimates of $380.42 million. Cactus had a net margin of 6.17% and a return on equity of 15.43%. The business’s revenue for the quarter was up 38.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cactus Stock Performance

Shares of WHD opened at $55.00 on Monday. The firm’s 50 day moving average is $55.94 and its 200-day moving average is $54.10. The stock has a market capitalization of $4.41 billion, a P/E ratio of 51.89, a P/E/G ratio of 2.08 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.61 and a quick ratio of 1.71. Cactus has a 12-month low of $33.20 and a 12-month high of $64.30.

Cactus Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 1st were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, June 1st. Cactus’s dividend payout ratio (DPR) is presently 52.83%.

Insider Transactions at Cactus

In other news, Director Alan Semple sold 10,206 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total value of $577,863.72. Following the completion of the sale, the director directly owned 29,444 shares of the company’s stock, valued at $1,667,119.28. This represents a 25.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Y. Mcgovern sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $56.57, for a total transaction of $678,840.00. Following the sale, the director owned 15,990 shares of the company’s stock, valued at approximately $904,554.30. This represents a 42.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 12.91% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in WHD. Wellington Management Group LLP increased its holdings in Cactus by 52.8% in the third quarter. Wellington Management Group LLP now owns 3,304,595 shares of the company’s stock worth $130,432,000 after buying an additional 1,141,249 shares during the last quarter. Balyasny Asset Management L.P. bought a new position in Cactus during the second quarter valued at approximately $30,648,000. Franklin Resources Inc. lifted its stake in Cactus by 559.4% in the fourth quarter. Franklin Resources Inc. now owns 544,998 shares of the company’s stock valued at $24,896,000 after acquiring an additional 462,345 shares during the last quarter. Millennium Management LLC acquired a new stake in Cactus in the fourth quarter valued at approximately $19,103,000. Finally, Ameriprise Financial Inc. grew its position in Cactus by 130.7% in the second quarter. Ameriprise Financial Inc. now owns 694,149 shares of the company’s stock worth $30,340,000 after acquiring an additional 393,260 shares in the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WHD. Weiss Ratings upgraded shares of Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Stifel Nicolaus reiterated a “buy” rating and set a $68.00 price objective (up from $66.00) on shares of Cactus in a research report on Tuesday, June 16th. Barclays raised their price objective on Cactus from $62.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Piper Sandler lifted their target price on Cactus from $72.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Citigroup boosted their target price on Cactus from $65.00 to $67.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.60.

About Cactus

Cactus, Inc, together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.