172,763 Weatherford International PLC $WFRD Shares Sold by Vest Financial LLC

Vest Financial LLC reduced its position in shares of Weatherford International PLC (NASDAQ:WFRD) by 67.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,790 shares of the company’s stock after selling 172,763 shares during the period. Vest Financial LLC owned 0.11% of Weatherford International worth $6,435,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WFRD. Squarepoint Ops LLC raised its position in Weatherford International by 3,125.3% during the 2nd quarter. Squarepoint Ops LLC now owns 71,731 shares of the company’s stock valued at $5,846,000 after purchasing an additional 69,507 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of Weatherford International by 11.9% in the 2nd quarter. Baird Financial Group Inc. now owns 156,542 shares of the company’s stock worth $12,758,000 after buying an additional 16,605 shares during the last quarter. Readystate Asset Management LP bought a new stake in shares of Weatherford International in the 2nd quarter worth approximately $15,269,000. California Public Employees Retirement System increased its stake in shares of Weatherford International by 13.8% during the first quarter. California Public Employees Retirement System now owns 171,477 shares of the company’s stock valued at $16,218,000 after buying an additional 20,803 shares during the period. Finally, Tidal Investments LLC increased its stake in shares of Weatherford International by 19.3% during the second quarter. Tidal Investments LLC now owns 89,847 shares of the company’s stock valued at $7,323,000 after buying an additional 14,537 shares during the period. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Jacqueline Mutschler sold 4,094 shares of Weatherford International stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $90.50, for a total transaction of $370,507.00. Following the completion of the transaction, the director directly owned 29,093 shares of the company’s stock, valued at $2,632,916.50. This trade represents a 12.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.07% of the stock is currently owned by insiders.

Key Weatherford International News

Here are the key news stories impacting Weatherford International this week:

• Positive Sentiment: Weatherford reported third-quarter EPS of $1.66, well above the $1.33 analyst consensus, while revenue of $1.14 billion was slightly ahead of estimates. Analysts viewed the bottom-line performance favorably because the revenue decline was broadly expected. Why Weatherford International Stock Crushed it Today
• Positive Sentiment: Despite reducing their price targets, UBS, Barclays and RBC retained bullish ratings of “buy,” “overweight” and “outperform,” respectively. Their revised targets of $111, $139 and $123 imply substantial potential upside from the reference price. UBS analyst recommendations
• Positive Sentiment: The company maintained revenue guidance of approximately $4.7 billion for fiscal 2026 and $1.3 billion for the fourth quarter, matching consensus estimates and avoiding a guidance reduction.
• Positive Sentiment: Weatherford declared a quarterly dividend of $0.275 per share, or $1.10 annually, representing a yield of roughly 1.3%.
• Neutral Sentiment: The average analyst price target is approximately $115.29, indicating that analysts remain optimistic overall, although Piper Sandler and Citigroup also lowered their expectations. Weatherford average price target
• Negative Sentiment: Investors appear concerned that third-quarter results emphasized cash flow rather than stronger revenue growth. Quarterly revenue fell 7.2% year over year, and the focus on cash generation may have outweighed the EPS beat. Weatherford stock drops as Q3 results put cash flow first
• Negative Sentiment: Multiple analysts trimmed their price targets, signaling more cautious expectations for Weatherford’s near-term operating performance even while maintaining positive ratings.

Wall Street Analyst Weigh In

A number of analysts recently commented on WFRD shares. Barclays dropped their price target on Weatherford International from $148.00 to $139.00 and set an “overweight” rating for the company in a research note on Thursday. The Goldman Sachs Group dropped their target price on shares of Weatherford International from $106.00 to $94.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. Piper Sandler cut their target price on shares of Weatherford International from $118.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday. Raymond James Financial reduced their price target on shares of Weatherford International from $125.00 to $122.00 and set an “outperform” rating on the stock in a research report on Friday, July 10th. Finally, Citigroup reduced their price target on shares of Weatherford International from $115.00 to $112.00 and set a “buy” rating on the stock in a research report on Monday. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Weatherford International currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.86.

Weatherford International Trading Down 5.0%

NASDAQ WFRD opened at $81.18 on Friday. The firm has a market capitalization of $5.81 billion, a PE ratio of 14.47, a P/E/G ratio of 1.58 and a beta of 1.05. The stock’s 50 day moving average is $85.64 and its 200 day moving average is $92.22. Weatherford International PLC has a twelve month low of $66.54 and a twelve month high of $113.15. The company has a quick ratio of 1.77, a current ratio of 2.79 and a debt-to-equity ratio of 0.61.

Weatherford International (NASDAQ:WFRD) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Weatherford International had a return on equity of 22.39% and a net margin of 8.64%. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.12 earnings per share. Research analysts forecast that Weatherford International PLC will post 5.12 earnings per share for the current fiscal year.

Weatherford International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Friday, November 6th will be paid a $0.2750 dividend. This represents a $1.10 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 6th. Weatherford International’s dividend payout ratio (DPR) is presently 19.61%.

Weatherford International Company Profile

Weatherford International plc is an energy services company that provides equipment, technology and services to the oil and natural gas industry. Its offerings support the life cycle of a well, from drilling and formation evaluation to completion, production, intervention and abandonment.

The company’s product and service portfolio includes drilling systems, well logging and evaluation tools, completion equipment, artificial-lift systems, production optimization technologies, well intervention services and digital solutions.