Dimensional Fund Advisors LP Has $86.27 Million Holdings in Cactus, Inc. $WHD

Dimensional Fund Advisors LP grew its position in Cactus, Inc. (NYSE:WHD) by 3.0% in the first quarter, Holdings Channel reports. The fund owned 1,821,142 shares of the company’s stock after acquiring an additional 53,576 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Cactus were worth $86,266,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Jennison Associates LLC grew its position in Cactus by 202.3% during the 1st quarter. Jennison Associates LLC now owns 1,713,701 shares of the company’s stock worth $81,178,000 after acquiring an additional 1,146,766 shares during the last quarter. Wellington Management Group LLP raised its position in Cactus by 52.8% in the third quarter. Wellington Management Group LLP now owns 3,304,595 shares of the company’s stock valued at $130,432,000 after purchasing an additional 1,141,249 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in Cactus in the first quarter valued at about $41,895,000. Balyasny Asset Management L.P. acquired a new stake in shares of Cactus during the second quarter valued at about $30,648,000. Finally, Wasatch Advisors LP boosted its stake in shares of Cactus by 79.0% during the first quarter. Wasatch Advisors LP now owns 1,349,420 shares of the company’s stock valued at $63,922,000 after purchasing an additional 595,562 shares in the last quarter. Institutional investors and hedge funds own 85.11% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Citigroup boosted their price target on Cactus from $65.00 to $67.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Stifel Nicolaus reiterated a “buy” rating and set a $68.00 target price (up from $66.00) on shares of Cactus in a research report on Tuesday, June 16th. Barclays boosted their target price on shares of Cactus from $62.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Piper Sandler upped their price target on shares of Cactus from $72.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings upgraded shares of Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Cactus currently has a consensus rating of “Moderate Buy” and an average price target of $63.60.

Insider Activity

In related news, Director Alan Semple sold 10,206 shares of the firm’s stock in a transaction that occurred 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 owned 29,444 shares of the company’s stock, valued at $1,667,119.28. This trade represents a 25.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael Y. Mcgovern sold 12,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 15,990 shares of the company’s stock, valued at $904,554.30. This represents a 42.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 35,506 shares of company stock valued at $1,989,135 in the last ninety days. 12.91% of the stock is owned by company insiders.

Cactus News Summary

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Cactus reported adjusted earnings of $0.93 per share, above consensus estimates ranging from $0.64 to $0.71 and up from $0.66 a year earlier. Revenue rose 64.3% year over year to $449.5 million, surpassing the $400.8 million consensus estimate. Cactus Q2 Adjusted Earnings, Revenue Rise; Raises Quarterly Dividend by 7%
• Positive Sentiment: Management raised the quarterly dividend by 7.1%, from $0.14 to $0.15 per share, payable September 11 to shareholders of record August 31. The increase reinforces the company’s shareholder-return strategy. Cactus Announces Second Quarter 2026 Results
• Positive Sentiment: The Spoolable Technologies segment is expected to grow revenue approximately 15% to 20% sequentially in the third quarter, providing an important growth driver. Analysts remain generally constructive, with a consensus rating of “Moderate Buy” and an average price target of $63.60. Cactus expects Spoolable Technologies revenue to rise 15%-20% in Q3
• Neutral Sentiment: The outlook is mixed by segment: Pressure Control revenue is expected to decline about 10% in the third quarter, partially offsetting growth in Spoolable Technologies. Investors will likely monitor whether the faster-growing segment can sustain the company’s overall momentum.
• Negative Sentiment: CEO Scott Bender sold 13,300 shares for approximately $732,000, reducing his direct holdings by 9.4%. The sale is a potential sentiment overhang, although he continues to own 128,219 shares. Insider Selling: Cactus CEO Sells 13,300 Shares

Cactus Price Performance

Shares of NYSE WHD opened at $62.06 on Friday. Cactus, Inc. has a twelve month low of $33.20 and a twelve month high of $64.30. The firm has a fifty day simple moving average of $55.46 and a 200 day simple moving average of $54.23. The company has a market capitalization of $4.98 billion, a PE ratio of 53.04, a P/E/G ratio of 1.97 and a beta of 1.38. The company has a quick ratio of 1.71, a current ratio of 2.61 and a debt-to-equity ratio of 0.01.

Cactus (NYSE:WHD) last released its earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.29. The business had revenue of $449.53 million for the quarter, compared to analyst estimates of $400.82 million. Cactus had a net margin of 6.01% and a return on equity of 16.81%. Cactus’s revenue for the quarter was up 64.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.66 earnings per share. On average, sell-side analysts forecast that Cactus, Inc. will post 2.92 EPS for the current year.

Cactus Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 31st will be paid 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 dividend yield of 1.0%. This is a positive change from Cactus’s previous quarterly dividend of $0.14. Cactus’s dividend payout ratio (DPR) is presently 47.86%.

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.