Cactus, Inc. (NYSE:WHD) Receives Average Rating of “Moderate Buy” from Brokerages

Cactus, Inc. (NYSE:WHD) has been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $60.50.

A number of research analysts have recently commented on WHD shares. Citigroup increased their price objective on Cactus from $63.00 to $65.00 and gave the company a “buy” rating in a report on Monday, May 11th. Wall Street Zen lowered Cactus from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Zacks Research lowered Cactus from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Stifel Nicolaus increased their price objective on Cactus from $59.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a report on Friday, March 27th.

Key Cactus News

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Zacks Research raised its EPS estimates for Cactus across several future periods, including FY2026 to $2.83, FY2027 to $3.42, and FY2028 to $3.81, reflecting improved earnings expectations.
• Positive Sentiment: The firm also lifted near- and mid-term quarterly forecasts, including Q2 2026, Q4 2026, Q2 2027, Q3 2027, Q4 2027 and Q1 2028, suggesting analysts see a steadier earnings trajectory ahead.
• Neutral Sentiment: Despite the higher estimates, Zacks Research maintained a Hold rating on Cactus, Inc. (NYSE: WHD), indicating limited conviction in the stock at current levels.

Insider Buying and Selling at Cactus

In other Cactus news, President Joel Bender sold 106,809 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $49.92, for a total value of $5,331,905.28. Following the sale, the president owned 27,793 shares of the company’s stock, valued at $1,387,426.56. This trade represents a 79.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Alan Semple sold 10,206 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total value of $577,863.72. Following the completion of the sale, the director directly owned 29,444 shares in the company, valued at $1,667,119.28. This trade represents a 25.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 222,206 shares of company stock valued at $11,295,784 in the last 90 days. 12.91% of the stock is currently owned by insiders.

Institutional Trading of Cactus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its holdings in Cactus by 67.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock valued at $25,000 after buying an additional 259 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in Cactus in the 3rd quarter valued at approximately $33,000. Aster Capital Management DIFC Ltd lifted its position in shares of Cactus by 73.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock worth $34,000 after acquiring an additional 314 shares during the period. Huntington National Bank lifted its position in shares of Cactus by 55.4% in the 3rd quarter. Huntington National Bank now owns 1,094 shares of the company’s stock worth $43,000 after acquiring an additional 390 shares during the period. Finally, Advisors Asset Management Inc. lifted its position in shares of Cactus by 113.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock worth $47,000 after acquiring an additional 543 shares during the period. Institutional investors and hedge funds own 85.11% of the company’s stock.

Cactus Stock Performance

Shares of NYSE WHD opened at $62.22 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 2.61. The firm has a market cap of $4.99 billion, a price-to-earnings ratio of 58.70, a P/E/G ratio of 2.45 and a beta of 1.37. The business’s 50-day simple moving average is $52.72 and its 200-day simple moving average is $50.57. Cactus has a 52 week low of $33.20 and a 52 week high of $62.75.

Cactus (NYSE:WHD) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.05. The business had revenue of $388.35 million for the quarter, compared to analyst estimates of $380.42 million. Cactus had a return on equity of 15.43% and a net margin of 6.17%.The firm’s revenue for the quarter was up 38.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 EPS. As a group, equities research analysts expect that Cactus will post 2.86 earnings per share for the current fiscal year.

Cactus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 1st will be issued a $0.14 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. Cactus’s dividend payout ratio (DPR) is 52.83%.

Cactus Company Profile

Cactus, Inc, together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.