Jaffetilchin Investment Partners LLC Makes New Investment in Weatherford International PLC $WFRD

Jaffetilchin Investment Partners LLC bought a new stake in Weatherford International PLC (NASDAQ:WFRD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,897 shares of the company’s stock, valued at approximately $397,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Algert Global LLC purchased a new stake in Weatherford International during the first quarter worth about $522,000. Russell Investments Group Ltd. lifted its position in shares of Weatherford International by 23.8% during the 1st quarter. Russell Investments Group Ltd. now owns 51,977 shares of the company’s stock valued at $2,783,000 after acquiring an additional 9,981 shares during the period. New Age Alpha Advisors LLC boosted its stake in shares of Weatherford International by 190.1% during the 1st quarter. New Age Alpha Advisors LLC now owns 46,675 shares of the company’s stock worth $2,499,000 after acquiring an additional 30,585 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in shares of Weatherford International in the 1st quarter worth approximately $2,356,000. Finally, Acadian Asset Management LLC purchased a new position in Weatherford International in the 1st quarter valued at approximately $3,790,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Weatherford International Trading Down 1.5%

Weatherford International stock opened at $72.86 on Wednesday. The stock has a 50-day moving average price of $68.88 and a 200 day moving average price of $59.45. Weatherford International PLC has a 52 week low of $36.74 and a 52 week high of $86.64. The stock has a market cap of $5.23 billion, a PE ratio of 13.20, a P/E/G ratio of 1.84 and a beta of 0.79. The company has a current ratio of 2.07, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93.

Weatherford International (NASDAQ:WFRD) last released its earnings results on Tuesday, October 21st. The company reported $1.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.03). The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Weatherford International had a net margin of 8.15% and a return on equity of 28.28%. Weatherford International’s revenue for the quarter was down 12.6% on a year-over-year basis. During the same quarter last year, the company posted $2.06 earnings per share. Weatherford International has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Weatherford International PLC will post 5.89 earnings per share for the current fiscal year.

Weatherford International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 6th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, November 6th. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. Weatherford International’s dividend payout ratio (DPR) is 18.12%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Piper Sandler boosted their target price on Weatherford International from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. BMO Capital Markets initiated coverage on Weatherford International in a research note on Friday, October 10th. They set an “outperform” rating and a $82.00 price target for the company. Melius began coverage on shares of Weatherford International in a research note on Wednesday, August 20th. They issued a “buy” rating and a $108.00 price objective on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Weatherford International in a report on Wednesday, October 8th. Finally, Melius Research initiated coverage on shares of Weatherford International in a research report on Wednesday, August 20th. They set a “buy” rating and a $108.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Weatherford International presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.56.

Weatherford International Company Profile

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.