
Cactus, Inc. (NYSE:WHD – Free Report) – Equities researchers at Zacks Research upped their Q4 2026 earnings per share estimates for Cactus in a report released on Thursday, July 16th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.77 per share for the quarter, up from their previous estimate of $0.73. The consensus estimate for Cactus’ current full-year earnings is $2.89 per share. Zacks Research also issued estimates for Cactus’ Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $0.90 EPS, Q4 2027 earnings at $0.94 EPS, FY2027 earnings at $3.55 EPS, Q1 2028 earnings at $0.98 EPS, Q2 2028 earnings at $0.99 EPS and FY2028 earnings at $3.99 EPS.
Cactus (NYSE:WHD – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.65 by $0.05. The firm had revenue of $388.35 million for the quarter, compared to analysts’ expectations of $380.42 million. Cactus had a return on equity of 15.43% and a net margin of 6.17%.The firm’s revenue was up 38.5% compared to the same quarter last year. During the same period last year, the firm earned $0.73 EPS.
Read Our Latest Analysis on Cactus
Cactus Trading Up 1.6%
Shares of WHD stock opened at $54.64 on Friday. Cactus has a 1 year low of $33.20 and a 1 year high of $64.30. The firm has a market capitalization of $4.38 billion, a PE ratio of 51.55, a price-to-earnings-growth ratio of 2.05 and a beta of 1.38. The stock has a fifty day moving average of $56.13 and a two-hundred day moving average of $53.76. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 2.61.
Cactus Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 1st were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. Cactus’s dividend payout ratio is currently 52.83%.
Insider Buying and Selling at Cactus
In other news, Director Alan Semple sold 10,206 shares of the firm’s stock in a transaction 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 directly owned 29,444 shares of the company’s stock, valued at $1,667,119.28. This trade represents a 25.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Y. Mcgovern sold 12,000 shares of Cactus stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $56.57, for a total value of $678,840.00. Following the completion of the transaction, the director owned 15,990 shares in the company, valued at $904,554.30. The trade was a 42.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 12.91% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Cactus
Several hedge funds have recently modified their holdings of WHD. Advisors Asset Management Inc. raised 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 worth $47,000 after buying an additional 543 shares during the period. AQR Capital Management LLC lifted its stake in Cactus by 101.1% during the first quarter. AQR Capital Management LLC now owns 11,427 shares of the company’s stock valued at $524,000 after buying an additional 5,745 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Cactus by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,685 shares of the company’s stock valued at $1,819,000 after buying an additional 1,733 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Cactus in the first quarter worth about $203,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Cactus by 26.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,931 shares of the company’s stock worth $10,400,000 after buying an additional 46,835 shares during the period. 85.11% of the stock is owned by hedge funds and other institutional investors.
Cactus News Summary
Here are the key news stories impacting Cactus this week:
- Positive Sentiment: Zacks Research raised its earnings forecasts for Cactus across multiple future periods, including FY2027 to $3.55 per share and FY2028 to $3.99 per share, implying improved outlook and potentially supporting the stock.
- Positive Sentiment: Analysts also increased near- and medium-term quarterly EPS estimates, including Q4 2026, Q2 2027, Q3 2027, Q4 2027, Q1 2028, and Q2 2028, reinforcing expectations for steady earnings growth.
- Neutral Sentiment: Cactus announced it will release second-quarter 2026 earnings after market close on July 29 and host a conference call on July 30, setting up a near-term event that could move the shares depending on results. Article Title
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.
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