Wall Street Zen upgraded shares of WisdomTree (NYSE:WT – Free Report) from a hold rating to a buy rating in a research note released on Sunday morning.
A number of other research firms also recently commented on WT. Oppenheimer lifted their price objective on shares of WisdomTree from $20.00 to $21.00 and gave the stock an “outperform” rating in a report on Wednesday. Morgan Stanley set a $18.00 price objective on shares of WisdomTree in a report on Thursday. Zacks Research downgraded shares of WisdomTree from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Raymond James Financial began coverage on shares of WisdomTree in a report on Tuesday, April 21st. They issued an “outperform” rating and a $20.00 price objective for the company. Finally, Northland Securities set a $20.00 price objective on shares of WisdomTree in a report on Monday, February 2nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.25.
Check Out Our Latest Stock Analysis on WisdomTree
WisdomTree Stock Down 0.3%
WisdomTree (NYSE:WT – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.96 million. WisdomTree had a net margin of 11.26% and a return on equity of 33.31%. The business’s revenue was up 47.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 earnings per share. On average, equities research analysts anticipate that WisdomTree will post 1.06 EPS for the current fiscal year.
WisdomTree Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.12 annualized dividend and a dividend yield of 0.7%. WisdomTree’s payout ratio is 29.27%.
Insider Activity
In other news, COO R Jarrett Lilien sold 30,000 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $16.84, for a total transaction of $505,200.00. Following the completion of the transaction, the chief operating officer owned 1,140,245 shares of the company’s stock, valued at approximately $19,201,725.80. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 9.30% of the company’s stock.
Hedge Funds Weigh In On WisdomTree
Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP boosted its holdings in shares of WisdomTree by 1,679.0% during the third quarter. Quarry LP now owns 2,206 shares of the company’s stock valued at $31,000 after acquiring an additional 2,082 shares during the period. First Horizon Corp acquired a new position in shares of WisdomTree during the third quarter valued at $32,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of WisdomTree by 163.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,454 shares of the company’s stock valued at $30,000 after acquiring an additional 1,521 shares during the period. Quattro Advisors LLC acquired a new position in shares of WisdomTree during the fourth quarter valued at $31,000. Finally, Neo Ivy Capital Management acquired a new position in shares of WisdomTree during the third quarter valued at $37,000. Institutional investors and hedge funds own 78.64% of the company’s stock.
Key WisdomTree News
Here are the key news stories impacting WisdomTree this week:
- Positive Sentiment: Q1 results beat expectations: EPS $0.27 vs. $0.25 estimate; revenue $159.5M vs. ~$156.96M estimate; revenue +47.5% YoY with healthy net margin and ROE. This confirms stronger top?line growth and profitability expansion. Press Release
- Positive Sentiment: Completed acquisition of Atlantic House — expands WisdomTree’s active ETF and defined?outcome capabilities, supporting product diversification and potential AUM/fee growth over time. BusinessWire
- Neutral Sentiment: Quarterly dividend declared of $0.03 per share (annualized yield ~0.7%); ex?dividend date May 13, payable May 27 — shows cash return but yield is modest.
- Neutral Sentiment: Full earnings call transcript and analyses available — useful for detail on guidance, AUM trends and product-level flows that will drive future quarters. Earnings Call Transcript
- Neutral Sentiment: Additional coverage and metric breakdowns from Zacks and other outlets provide context on estimates vs. results and key drivers to watch (AUM, fee margins, product mix). Zacks Key Metrics
About WisdomTree
WisdomTree Investments, Inc (NYSE: WT) is a U.S.-based asset management firm specializing in exchange-traded funds (ETFs) and exchange-traded products (ETPs). Founded in 2006 by Jonathan Steinberg and headquartered in New York City, WisdomTree has developed a reputation for pioneering smart-beta and fundamentally weighted indexing approaches. The company designs strategies that seek to enhance returns and reduce volatility by weighting constituents based on dividends, earnings or other financial metrics rather than relying solely on market capitalization.
WisdomTree offers a broad suite of investment products covering equities, fixed income, currencies, commodities and digital assets.
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