Deutsche Bank AG Has $396,000 Stake in Wabash National Corporation $WNC

Deutsche Bank AG trimmed its position in Wabash National Corporation (NYSE:WNC) by 9.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,813 shares of the company’s stock after selling 3,950 shares during the period. Deutsche Bank AG owned approximately 0.09% of Wabash National worth $396,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of WNC. Parallel Advisors LLC lifted its stake in Wabash National by 255.9% in the 1st quarter. Parallel Advisors LLC now owns 2,395 shares of the company’s stock valued at $26,000 after acquiring an additional 1,722 shares in the last quarter. Allworth Financial LP grew its stake in shares of Wabash National by 268.8% during the 1st quarter. Allworth Financial LP now owns 3,220 shares of the company’s stock worth $34,000 after acquiring an additional 2,347 shares in 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 increased its stake in Wabash National by 1,520.7% in the 1st quarter. CWM LLC now owns 5,235 shares of the company’s stock valued at $58,000 after buying 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.

Analysts Set New Price Targets

Separately, DA Davidson raised their price objective 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 investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $9.50.

Wabash National Stock Performance

WNC opened at $11.19 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.00 and a current ratio of 1.68. Wabash National Corporation has a 52-week low of $6.78 and a 52-week high of $20.63. The firm has a market cap of $457.95 million, a P/E ratio of -4.62 and a beta of 1.65. The business’s fifty day moving average is $10.55 and its 200-day moving average is $10.39.

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

Wabash National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, October 2nd. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. Wabash National’s dividend payout ratio (DPR) is currently -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.