American Century Companies Inc. Has $9.43 Million Holdings in Wabash National Corporation $WNC

American Century Companies Inc. cut its holdings in Wabash National Corporation (NYSE:WNC) by 26.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 852,902 shares of the company’s stock after selling 308,347 shares during the period. American Century Companies Inc. owned about 2.04% of Wabash National worth $9,425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WNC. Parallel Advisors LLC raised its holdings in shares of Wabash National by 255.9% in the first quarter. Parallel Advisors LLC now owns 2,395 shares of the company’s stock valued at $26,000 after purchasing an additional 1,722 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Wabash National by 268.8% in the first quarter. Allworth Financial LP now owns 3,220 shares of the company’s stock valued at $34,000 after purchasing an additional 2,347 shares during the last quarter. Curat Global LLC acquired a new stake in shares of Wabash National in the first quarter valued at approximately $37,000. CWM LLC raised its holdings in shares of Wabash National by 1,520.7% in the first quarter. CWM LLC now owns 5,235 shares of the company’s stock valued at $58,000 after purchasing an additional 4,912 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Wabash National by 982.1% during the first quarter. GAMMA Investing LLC now owns 7,683 shares of the company’s stock valued at $85,000 after purchasing an additional 6,973 shares during the last quarter. 97.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, DA Davidson increased their price target on Wabash National from $7.50 to $9.50 and gave the company a “neutral” rating in a research report on Monday, June 23rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $9.50.

Wabash National Stock Performance

Shares of NYSE WNC opened at $11.24 on Wednesday. The stock has a 50 day moving average price of $10.51 and a 200 day moving average price of $10.40. Wabash National Corporation has a 52 week low of $6.78 and a 52 week high of $20.63. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.00 and a current ratio of 1.68. The stock has a market capitalization of $459.94 million, a PE ratio of -4.64 and a beta of 1.65.

Wabash National (NYSE:WNC) last issued its quarterly earnings results on Friday, July 25th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.16. Wabash National had a negative return on equity of 7.91% and a negative net margin of 6.38%.The firm had revenue of $458.82 million during the quarter, compared to analysts’ expectations of $435.75 million. During the same period in the prior year, the firm posted $0.64 earnings per share. The business’s quarterly revenue was down 16.7% compared to the same quarter last year. Wabash National has set its FY 2025 guidance at -1.300–1.000 EPS. Q3 2025 guidance at -0.300–0.200 EPS. Analysts predict that Wabash National Corporation will post 0.94 earnings per share for the current fiscal year.

Wabash National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Thursday, October 2nd will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, October 2nd. Wabash National’s dividend payout ratio (DPR) is presently -13.22%.

Wabash National Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.