Cactus (WHD) to Release Earnings on Wednesday

Cactus (NYSE:WHD) is expected to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Cactus to post earnings of $0.6370 per share and revenue of $400.8160 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Cactus (NYSE:WHD) last posted its earnings results on Thursday, May 7th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.65 by $0.05. Cactus had a return on equity of 15.43% and a net margin of 6.17%.The business had revenue of $388.35 million during the quarter, compared to analysts’ expectations of $380.42 million. During the same period in the previous year, the business earned $0.73 earnings per share. The firm’s revenue was up 38.5% on a year-over-year basis. On average, analysts expect Cactus to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cactus Price Performance

Shares of NYSE:WHD traded down $0.05 on Tuesday, hitting $53.84. The company’s stock had a trading volume of 91,442 shares, compared to its average volume of 906,996. The company has a market capitalization of $4.32 billion, a PE ratio of 50.81, a PEG ratio of 2.08 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.61 and a quick ratio of 1.71. The company has a 50-day simple moving average of $55.81 and a 200 day simple moving average of $54.13. Cactus has a 1 year low of $33.20 and a 1 year high of $64.30.

Cactus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 1st were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, June 1st. Cactus’s dividend payout ratio (DPR) is currently 52.83%.

Insider Buying and Selling

In other news, Director Alan Semple sold 10,206 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $56.62, for a total transaction of $577,863.72. Following the completion of the sale, the director owned 29,444 shares of the company’s stock, valued at approximately $1,667,119.28. This represents a 25.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael Y. Mcgovern sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $56.57, for a total transaction of $678,840.00. Following the completion of the transaction, the director owned 15,990 shares in the company, valued at $904,554.30. This represents a 42.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 12.91% of the stock is owned by insiders.

Institutional Investors Weigh In On Cactus

A number of large investors have recently added to or reduced their stakes in WHD. Maryland State Retirement & Pension System increased its position in shares of Cactus by 2.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 10,066 shares of the company’s stock valued at $460,000 after acquiring an additional 208 shares during the period. CANADA LIFE ASSURANCE Co grew its stake in shares of Cactus by 0.5% in the second quarter. CANADA LIFE ASSURANCE Co now owns 57,938 shares of the company’s stock worth $2,532,000 after purchasing an additional 269 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of Cactus by 0.5% in the second quarter. California State Teachers Retirement System now owns 66,538 shares of the company’s stock worth $2,909,000 after purchasing an additional 306 shares during the last quarter. Aster Capital Management DIFC Ltd increased its holdings in Cactus by 73.4% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock valued at $34,000 after purchasing an additional 314 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in Cactus by 113.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,020 shares of the company’s stock valued at $47,000 after purchasing an additional 543 shares during the period. Institutional investors own 85.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on WHD shares. Stifel Nicolaus restated a “buy” rating and set a $68.00 price objective (up from $66.00) on shares of Cactus in a research report on Tuesday, June 16th. Citigroup increased their target price on Cactus from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Piper Sandler raised their price target on Cactus from $72.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded Cactus from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Barclays upped their price objective on Cactus from $62.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $63.60.

About Cactus

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.