Jupiter Topco LLC Purchases New Shares in The Western Union Company $WU

Jupiter Topco LLC acquired a new stake in The Western Union Company (NYSE:WU) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 149,400 shares of the credit services provider’s stock, valued at approximately $1,150,000.

Several other large investors also recently made changes to their positions in WU. BlackRock Inc. bought a new stake in Western Union during the 2nd quarter worth about $241,806,000. Goldman Sachs Group Inc. raised its stake in shares of Western Union by 401.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 7,604,026 shares of the credit services provider’s stock worth $70,793,000 after acquiring an additional 6,087,613 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Western Union by 821.1% in the second quarter. Qube Research & Technologies Ltd now owns 4,170,343 shares of the credit services provider’s stock worth $35,114,000 after acquiring an additional 3,717,589 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Western Union by 3,370.2% during the fourth quarter. Marshall Wace LLP now owns 3,740,849 shares of the credit services provider’s stock worth $34,827,000 after purchasing an additional 3,633,049 shares in the last quarter. Finally, Algebris UK Ltd. bought a new stake in shares of Western Union during the second quarter valued at approximately $21,224,000. Institutional investors own 91.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on WU. Wolfe Research reissued an “underperform” rating and issued a $8.00 price target on shares of Western Union in a report on Friday, July 31st. New Street Research reiterated a “reduce” rating on shares of Western Union in a research report on Thursday, August 13th. Monness Crespi & Hardt reissued a “sell” rating and issued a $6.00 target price on shares of Western Union in a research note on Friday, July 31st. Citigroup decreased their price target on Western Union from $8.50 to $7.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Finally, Weiss Ratings raised Western Union from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 3rd. Six research analysts have rated the stock with a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Strong Sell” and a consensus target price of $7.55.

Western Union Stock Performance

WU stock opened at $7.19 on Friday. The business’s fifty day moving average is $7.61 and its 200-day moving average is $8.33. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.95. The company has a market cap of $2.24 billion, a P/E ratio of 5.85 and a beta of 0.50. The Western Union Company has a twelve month low of $6.27 and a twelve month high of $10.35.

Western Union (NYSE:WU) last announced its quarterly earnings data on Thursday, July 30th. The credit services provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.11). The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.02 billion. Western Union had a return on equity of 50.89% and a net margin of 9.79%.The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. Western Union has set its FY 2026 guidance at 1.250-1.350 EPS. Equities research analysts forecast that The Western Union Company will post 1.29 EPS for the current year.

Western Union Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 13.1%. Western Union’s dividend payout ratio is 76.42%.

About Western Union

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.