Northland Capmk Weighs in on WisdomTree FY2025 Earnings

WisdomTree, Inc. (NYSE:WT) – Analysts at Northland Capmk dropped their FY2025 EPS estimates for WisdomTree in a research report issued on Tuesday, January 7th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of $0.70 per share for the year, down from their previous forecast of $0.72. The consensus estimate for WisdomTree’s current full-year earnings is $0.65 per share.

Several other analysts have also recently commented on the company. UBS Group raised their price target on WisdomTree from $12.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Northcoast Research cut shares of WisdomTree from a “buy” rating to a “neutral” rating in a research note on Thursday, January 2nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, WisdomTree has an average rating of “Moderate Buy” and an average price target of $12.79.

WisdomTree Price Performance

Shares of NYSE:WT opened at $9.35 on Friday. WisdomTree has a 52 week low of $6.67 and a 52 week high of $12.45. The company has a 50-day moving average price of $11.03 and a 200 day moving average price of $10.45. The company has a market cap of $1.37 billion, a P/E ratio of 32.24 and a beta of 1.49. The company has a quick ratio of 2.16, a current ratio of 2.88 and a debt-to-equity ratio of 1.36.

WisdomTree Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a $0.03 dividend. The ex-dividend date was Wednesday, November 6th. This represents a $0.12 annualized dividend and a dividend yield of 1.28%. WisdomTree’s dividend payout ratio is presently 41.38%.

Insider Buying and Selling at WisdomTree

In other WisdomTree news, insider Peter M. Ziemba sold 100,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $11.43, for a total value of $1,143,000.00. Following the transaction, the insider now directly owns 948,386 shares in the company, valued at approximately $10,840,051.98. This represents a 9.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jonathan L. Steinberg purchased 67,869 shares of the business’s stock in a transaction on Friday, November 8th. The stock was acquired at an average price of $10.84 per share, with a total value of $735,699.96. Following the completion of the acquisition, the chief executive officer now directly owns 9,240,707 shares in the company, valued at $100,169,263.88. The trade was a 0.74 % increase in their position. The disclosure for this purchase can be found here. 7.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WisdomTree

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nordea Investment Management AB raised its stake in shares of WisdomTree by 2.6% in the 4th quarter. Nordea Investment Management AB now owns 391,208 shares of the company’s stock valued at $4,100,000 after acquiring an additional 9,912 shares during the period. Principal Financial Group Inc. grew its position in WisdomTree by 26.9% in the third quarter. Principal Financial Group Inc. now owns 708,842 shares of the company’s stock valued at $7,081,000 after acquiring an additional 150,257 shares in the last quarter. Franklin Resources Inc. acquired a new stake in WisdomTree during the 3rd quarter valued at $888,000. Teachers Retirement System of The State of Kentucky boosted its position in WisdomTree by 589.2% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 249,249 shares of the company’s stock valued at $2,491,000 after buying an additional 213,086 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of WisdomTree by 3.3% in the third quarter. Geode Capital Management LLC now owns 2,914,051 shares of the company’s stock worth $29,117,000 after acquiring an additional 93,140 shares in the last quarter. 78.64% of the stock is currently owned by institutional investors and hedge funds.

WisdomTree Company Profile

WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.