Lisanti Capital Growth LLC Makes New Investment in WillScot Holdings Corporation $WSC

Lisanti Capital Growth LLC purchased a new stake in WillScot Holdings Corporation (NASDAQ:WSC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 55,980 shares of the company’s stock, valued at approximately $1,534,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Yousif Capital Management LLC grew its holdings in WillScot by 0.7% during the 2nd quarter. Yousif Capital Management LLC now owns 70,825 shares of the company’s stock valued at $1,941,000 after buying an additional 515 shares in the last quarter. Xponance Inc. increased its holdings in WillScot by 4.2% during the 1st quarter. Xponance Inc. now owns 14,101 shares of the company’s stock worth $392,000 after acquiring an additional 568 shares during the period. Avantax Advisory Services Inc. lifted its stake in WillScot by 8.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 7,533 shares of the company’s stock worth $209,000 after purchasing an additional 583 shares in the last quarter. Thompson Investment Management Inc. boosted its holdings in WillScot by 3.7% in the 2nd quarter. Thompson Investment Management Inc. now owns 18,241 shares of the company’s stock valued at $500,000 after purchasing an additional 650 shares during the period. Finally, First Horizon Advisors Inc. grew its position in shares of WillScot by 45.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,130 shares of the company’s stock valued at $58,000 after purchasing an additional 662 shares in the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a research report on Wednesday, October 8th. Robert W. Baird decreased their target price on WillScot from $29.00 to $25.00 and set a “neutral” rating on the stock in a research note on Monday, October 20th. Citigroup began coverage on WillScot in a research report on Monday, October 20th. They set a “buy” rating and a $28.00 price target for the company. Barclays decreased their price objective on shares of WillScot from $34.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 24th. Finally, Morgan Stanley dropped their target price on shares of WillScot from $39.00 to $37.00 and set an “overweight” rating for the company in a research report on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $30.38.

Insiders Place Their Bets

In other news, EVP Hezron T. Lopez sold 22,000 shares of WillScot stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $24.63, for a total value of $541,860.00. Following the sale, the executive vice president directly owned 54,038 shares in the company, valued at approximately $1,330,955.94. This trade represents a 28.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.10% of the company’s stock.

WillScot Stock Performance

NASDAQ:WSC opened at $18.27 on Friday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.74 and a current ratio of 0.81. WillScot Holdings Corporation has a fifty-two week low of $16.55 and a fifty-two week high of $39.81. The business has a 50 day moving average price of $22.06 and a 200-day moving average price of $25.48. The firm has a market cap of $3.33 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.63 and a beta of 1.15.

WillScot (NASDAQ:WSC) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01. WillScot had a net margin of 9.64% and a return on equity of 23.30%. The business had revenue of $566.84 million during the quarter, compared to analysts’ expectations of $583.52 million. During the same quarter in the prior year, the company posted $0.38 EPS. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that WillScot Holdings Corporation will post 1.77 earnings per share for the current year.

WillScot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. WillScot’s dividend payout ratio is presently 46.67%.

WillScot Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.