Neal Goldman Sells 16,000 Shares of Weatherford International (NASDAQ:WFRD) Stock

Posted by Brenda Bartman on Jul 30th, 2026

Weatherford International PLC (NASDAQ:WFRD – Get Free Report) Director Neal Goldman sold 16,000 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $84.84, for a total transaction of $1,357,440.00. Following the transaction, the director directly owned 12,187 shares in the company, valued at approximately $1,033,945.08. This represents a 56.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Weatherford International Trading Down 1.5%

NASDAQ:WFRD opened at $82.31 on Thursday. Weatherford International PLC has a 12 month low of $52.70 and a 12 month high of $113.15. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 1.40 and a beta of 0.86. The firm has a fifty day simple moving average of $91.65 and a two-hundred day simple moving average of $95.80.

Weatherford International (NASDAQ:WFRD – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.35). The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. Weatherford International had a net margin of 7.66% and a return on equity of 21.50%. Weatherford International’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 EPS. Analysts expect that Weatherford International PLC will post 5.35 EPS for the current fiscal year.

Weatherford International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 6th. Weatherford International’s dividend payout ratio is 21.70%.

Institutional Trading of Weatherford International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in shares of Weatherford International by 223.0% in the first quarter. Royal Bank of Canada now owns 122,662 shares of the company’s stock valued at $6,568,000 after purchasing an additional 84,684 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Weatherford International by 129.3% during the first quarter. Goldman Sachs Group Inc. now owns 143,703 shares of the company’s stock worth $7,695,000 after buying an additional 81,046 shares in the last quarter. United Services Automobile Association bought a new stake in Weatherford International during the first quarter worth $258,000. Cetera Investment Advisers raised its position in Weatherford International by 26.8% in the 2nd quarter. Cetera Investment Advisers now owns 12,764 shares of the company’s stock valued at $642,000 after buying an additional 2,695 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Weatherford International by 83.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 556 shares of the company’s stock valued at $28,000 after buying an additional 253 shares during the last quarter. 97.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Raymond James Financial decreased their price objective on Weatherford International from $125.00 to $122.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Zacks Research cut Weatherford International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Barclays reduced their price target on shares of Weatherford International from $154.00 to $151.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Wall Street Zen lowered shares of Weatherford International from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Citigroup lowered their price objective on shares of Weatherford International from $137.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, June 26th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Weatherford International presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.56.

Read Our Latest Research Report on Weatherford International

About Weatherford International

(Get Free Report)

Weatherford International (NASDAQ: WFRD) is a global oilfield services company specializing in the development, design and manufacturing of equipment and technologies for oil and natural gas drilling, evaluation, completion and production. The company’s core offerings include well construction services such as directional drilling and wellbore positioning, well completion solutions that encompass sand control and zonal isolation technologies, and production enhancement services involving artificial lift systems and well intervention tools.

In addition to its comprehensive service lines, Weatherford provides a range of drilling optimization and reservoir evaluation products.