Weatherford International PLC $WFRD Shares Sold by Vest Financial LLC

Vest Financial LLC decreased its stake in shares of Weatherford International PLC (NASDAQ:WFRD) by 67.9% in the third quarter, Holdings Channel reports. The institutional investor owned 81,790 shares of the company’s stock after selling 172,763 shares during the quarter. Vest Financial LLC’s holdings in Weatherford International were worth $6,435,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in WFRD. Squarepoint Ops LLC grew its stake in shares of Weatherford International by 3,125.3% in the second quarter. Squarepoint Ops LLC now owns 71,731 shares of the company’s stock worth $5,846,000 after acquiring an additional 69,507 shares during the last quarter. Baird Financial Group Inc. grew its position in Weatherford International by 11.9% during the 2nd quarter. Baird Financial Group Inc. now owns 156,542 shares of the company’s stock valued at $12,758,000 after purchasing an additional 16,605 shares during the last quarter. Readystate Asset Management LP bought a new stake in Weatherford International during the 2nd quarter valued at about $15,269,000. California Public Employees Retirement System increased its stake in Weatherford International by 13.8% during the 1st quarter. California Public Employees Retirement System now owns 171,477 shares of the company’s stock valued at $16,218,000 after purchasing an additional 20,803 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in Weatherford International by 19.3% during the 2nd quarter. Tidal Investments LLC now owns 89,847 shares of the company’s stock valued at $7,323,000 after purchasing an additional 14,537 shares in the last quarter. 97.23% of the stock is owned by institutional investors.

Insider Buying and Selling at Weatherford International

In other news, Director Jacqueline Mutschler sold 4,094 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $90.50, for a total value of $370,507.00. Following the transaction, the director directly owned 29,093 shares in the company, valued at $2,632,916.50. This trade represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.07% of the stock is owned by insiders.

Trending Headlines about Weatherford International

Here are the key news stories impacting Weatherford International this week:

• Positive Sentiment: Weatherford reported third-quarter EPS of $1.66, well above the $1.33 analyst consensus, while revenue of $1.14 billion was slightly ahead of estimates. Analysts viewed the bottom-line performance favorably because the revenue decline was broadly expected. Why Weatherford International Stock Crushed it Today
• Positive Sentiment: Despite reducing their price targets, UBS, Barclays and RBC retained bullish ratings of “buy,” “overweight” and “outperform,” respectively. Their revised targets of $111, $139 and $123 imply substantial potential upside from the reference price. UBS analyst recommendations
• Positive Sentiment: The company maintained revenue guidance of approximately $4.7 billion for fiscal 2026 and $1.3 billion for the fourth quarter, matching consensus estimates and avoiding a guidance reduction.
• Positive Sentiment: Weatherford declared a quarterly dividend of $0.275 per share, or $1.10 annually, representing a yield of roughly 1.3%.
• Neutral Sentiment: The average analyst price target is approximately $115.29, indicating that analysts remain optimistic overall, although Piper Sandler and Citigroup also lowered their expectations. Weatherford average price target
• Negative Sentiment: Investors appear concerned that third-quarter results emphasized cash flow rather than stronger revenue growth. Quarterly revenue fell 7.2% year over year, and the focus on cash generation may have outweighed the EPS beat. Weatherford stock drops as Q3 results put cash flow first
• Negative Sentiment: Multiple analysts trimmed their price targets, signaling more cautious expectations for Weatherford’s near-term operating performance even while maintaining positive ratings.

Weatherford International Stock Performance

Shares of NASDAQ WFRD opened at $81.18 on Friday. The firm’s 50-day moving average price is $85.64 and its 200-day moving average price is $92.22. The company has a quick ratio of 1.77, a current ratio of 2.79 and a debt-to-equity ratio of 0.61. The company has a market cap of $5.81 billion, a PE ratio of 14.47, a PEG ratio of 1.58 and a beta of 1.05. Weatherford International PLC has a 52-week low of $66.54 and a 52-week high of $113.15.

Weatherford International (NASDAQ:WFRD) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Weatherford International had a net margin of 8.64% and a return on equity of 22.39%. The business’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.12 earnings per share. As a group, analysts anticipate that Weatherford International PLC will post 5.12 EPS for the current year.

Weatherford International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Friday, November 6th will be issued a dividend of $0.2750 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 6th. Weatherford International’s dividend payout ratio is presently 19.61%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. UBS Group decreased their target price on shares of Weatherford International from $116.00 to $111.00 and set a “buy” rating for the company in a report on Thursday. Piper Sandler reduced their price target on shares of Weatherford International from $118.00 to $110.00 and set an “overweight” rating for the company in a research report on Monday. Royal Bank Of Canada decreased their price objective on shares of Weatherford International from $124.00 to $123.00 and set an “outperform” rating for the company in a report on Thursday. Zacks Research lowered shares of Weatherford International from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 12th. Finally, Barclays lowered their price objective on Weatherford International from $148.00 to $139.00 and set an “overweight” rating on the stock in a research report on Thursday. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $115.86.

Weatherford International Company Profile

Weatherford International plc is an energy services company that provides equipment, technology and services to the oil and natural gas industry. Its offerings support the life cycle of a well, from drilling and formation evaluation to completion, production, intervention and abandonment.

The company’s product and service portfolio includes drilling systems, well logging and evaluation tools, completion equipment, artificial-lift systems, production optimization technologies, well intervention services and digital solutions.