Squarepoint Ops LLC Acquires New Holdings in Stagwell Inc. $STGW

Squarepoint Ops LLC bought a new stake in Stagwell Inc. (NASDAQ:STGW) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 112,603 shares of the company’s stock, valued at approximately $507,000.

Several other hedge funds have also modified their holdings of STGW. Vanguard Group Inc. boosted its holdings in shares of Stagwell by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 5,548,288 shares of the company’s stock valued at $33,567,000 after buying an additional 149,020 shares in the last quarter. Nuveen LLC purchased a new stake in Stagwell during the first quarter valued at approximately $1,817,000. American Century Companies Inc. boosted its stake in Stagwell by 9.5% in the first quarter. American Century Companies Inc. now owns 175,739 shares of the company’s stock valued at $1,063,000 after acquiring an additional 15,219 shares in the last quarter. Vident Advisory LLC acquired a new stake in Stagwell in the first quarter valued at approximately $64,000. Finally, Cubist Systematic Strategies LLC grew its holdings in Stagwell by 452.6% in the first quarter. Cubist Systematic Strategies LLC now owns 133,182 shares of the company’s stock worth $806,000 after purchasing an additional 109,079 shares during the last quarter. 35.61% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

STGW has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Stagwell in a research report on Monday. Zacks Research raised Stagwell from a “strong sell” rating to a “hold” rating in a report on Monday, September 1st. Needham & Company LLC boosted their price target on Stagwell from $6.36 to $7.25 and gave the stock a “buy” rating in a research note on Friday, November 7th. Rosenblatt Securities restated a “buy” rating and set a $9.00 price objective on shares of Stagwell in a report on Monday, December 1st. Finally, Seaport Res Ptn raised shares of Stagwell to a “strong-buy” rating in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $8.15.

Stagwell Price Performance

Shares of NASDAQ STGW opened at $5.09 on Thursday. The business’s 50 day moving average price is $5.21 and its 200 day moving average price is $5.18. The firm has a market cap of $1.28 billion, a P/E ratio of 84.90 and a beta of 1.66. Stagwell Inc. has a 52 week low of $4.03 and a 52 week high of $7.48. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.98.

Stagwell (NASDAQ:STGW) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.23 by $0.01. The business had revenue of $743.00 million during the quarter, compared to analysts’ expectations of $743.11 million. Stagwell had a net margin of 0.68% and a return on equity of 15.31%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.22 EPS. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. On average, sell-side analysts expect that Stagwell Inc. will post 0.59 earnings per share for the current year.

Stagwell Company Profile

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.