Research Analysts’ Recent Ratings Updates for Cactus (WHD)

Several analysts have recently updated their ratings and price targets for Cactus (NYSE: WHD):

• 8/20/2026 – Cactus was downgraded by Citigroup Inc. from “buy” to “neutral”. They now have a $75.00 price target on the stock, up from $67.00.
• 8/8/2026 – Cactus was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/3/2026 – Cactus had its price target raised by Barclays PLC from $70.00 to $74.00. They now have an “overweight” rating on the stock.
• 7/31/2026 – Cactus had its price target raised by Stifel Nicolaus from $68.00 to $72.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Cactus had its price target raised by Piper Sandler from $72.00 to $73.00. They now have an “overweight” rating on the stock.

Cactus Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be given a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. This is an increase from Cactus’s previous quarterly dividend of $0.14. Cactus’s dividend payout ratio is 47.86%.

Insiders Place Their Bets

In other news, President Joel Bender sold 86,700 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $57.62, for a total transaction of $4,995,654.00. Following the completion of the transaction, the president directly owned 41,519 shares of the company’s stock, valued at $2,392,324.78. This trade represents a 67.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephen Tadlock sold 38,455 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $63.80, for a total transaction of $2,453,429.00. Following the transaction, the chief executive officer directly owned 43,178 shares of the company’s stock, valued at $2,754,756.40. This trade represents a 47.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 263,455 shares of company stock worth $16,261,764 in the last three months. 12.91% of the stock is owned by company insiders.

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.