Y Intercept Hong Kong Ltd Has $4.85 Million Stock Holdings in Weatherford International PLC $WFRD

Y Intercept Hong Kong Ltd lifted its holdings in Weatherford International PLC (NASDAQ:WFRD) by 2,263.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 96,470 shares of the company’s stock after buying an additional 92,389 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Weatherford International were worth $4,853,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. IFP Advisors Inc grew its position in shares of Weatherford International by 14.2% in the 2nd quarter. IFP Advisors Inc now owns 1,500 shares of the company’s stock valued at $75,000 after purchasing an additional 187 shares during the period. GAMMA Investing LLC boosted its position in Weatherford International by 55.8% during the 1st quarter. GAMMA Investing LLC now owns 645 shares of the company’s stock worth $35,000 after acquiring an additional 231 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Weatherford International by 1.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 22,933 shares of the company’s stock worth $1,154,000 after acquiring an additional 273 shares during the last quarter. Covestor Ltd boosted its position in Weatherford International by 34.3% during the 1st quarter. Covestor Ltd now owns 1,244 shares of the company’s stock worth $67,000 after acquiring an additional 318 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its position in Weatherford International by 20.7% during the 1st quarter. TD Private Client Wealth LLC now owns 2,360 shares of the company’s stock worth $126,000 after acquiring an additional 404 shares during the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Weatherford International Trading Down 0.1%

Shares of Weatherford International stock opened at $70.49 on Wednesday. Weatherford International PLC has a 12-month low of $36.74 and a 12-month high of $91.82. The stock has a market cap of $5.06 billion, a P/E ratio of 12.77, a P/E/G ratio of 1.77 and a beta of 0.79. The company has a quick ratio of 1.55, a current ratio of 2.07 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average is $64.59 and its 200-day moving average is $55.26.

Weatherford International (NASDAQ:WFRD) last announced its quarterly earnings data on Tuesday, October 21st. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.03). Weatherford International had a return on equity of 28.28% and a net margin of 8.15%.The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $2.06 EPS. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. Weatherford International has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Weatherford International PLC will post 5.89 earnings per share for the current fiscal year.

Weatherford International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 6th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, November 6th. Weatherford International’s dividend payout ratio is 18.12%.

Analyst Upgrades and Downgrades

WFRD has been the subject of a number of recent research reports. Melius initiated coverage on Weatherford International in a research report on Wednesday, August 20th. They set a “buy” rating and a $108.00 price target for the company. Zacks Research raised Weatherford International from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Melius Research initiated coverage on Weatherford International in a research report on Wednesday, August 20th. They set a “buy” rating and a $108.00 price target for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Weatherford International in a research report on Wednesday, October 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $70.00 price target (up previously from $69.00) on shares of Weatherford International in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Weatherford International presently has an average rating of “Moderate Buy” and a consensus target price of $91.33.

Weatherford International Profile

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.