The Manufacturers Life Insurance Company increased its position in Weyerhaeuser Company (NYSE:WY – Free Report) by 25.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,044,638 shares of the real estate investment trust’s stock after acquiring an additional 209,505 shares during the period. The Manufacturers Life Insurance Company’s holdings in Weyerhaeuser were worth $25,520,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in WY. Goldman Sachs Group Inc. boosted its stake in Weyerhaeuser by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,249,932 shares of the real estate investment trust’s stock valued at $65,878,000 after purchasing an additional 346,571 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Weyerhaeuser by 3.4% in the 1st quarter. Empowered Funds LLC now owns 46,049 shares of the real estate investment trust’s stock worth $1,348,000 after purchasing an additional 1,498 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of Weyerhaeuser by 5.9% in the first quarter. Intech Investment Management LLC now owns 56,265 shares of the real estate investment trust’s stock worth $1,647,000 after purchasing an additional 3,124 shares during the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Weyerhaeuser in the second quarter worth $275,000. Finally, Bank of Nova Scotia lifted its holdings in shares of Weyerhaeuser by 10.2% during the second quarter. Bank of Nova Scotia now owns 91,624 shares of the real estate investment trust’s stock valued at $2,354,000 after purchasing an additional 8,500 shares in the last quarter. 82.99% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts recently commented on WY shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Weyerhaeuser in a research report on Friday, July 17th. JPMorgan Chase & Co. boosted their target price on Weyerhaeuser from $30.00 to $31.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Weiss Ratings cut shares of Weyerhaeuser from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Raymond James Financial upgraded shares of Weyerhaeuser from an “outperform” rating to a “strong-buy” rating and set a $30.00 target price on the stock in a research note on Friday, July 10th. Finally, Truist Financial dropped their price target on shares of Weyerhaeuser from $28.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.
Weyerhaeuser Price Performance
Shares of WY opened at $25.07 on Friday. The firm has a market cap of $18.07 billion, a PE ratio of 38.56, a P/E/G ratio of 1.39 and a beta of 0.89. The company has a current ratio of 1.42, a quick ratio of 0.80 and a debt-to-equity ratio of 0.54. The firm has a fifty day simple moving average of $24.16 and a two-hundred day simple moving average of $24.62. Weyerhaeuser Company has a 1-year low of $21.16 and a 1-year high of $27.75.
Weyerhaeuser (NYSE:WY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.05. The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.85 billion. Weyerhaeuser had a return on equity of 1.49% and a net margin of 6.89%.The company’s revenue was down 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 EPS. On average, equities analysts anticipate that Weyerhaeuser Company will post 0.29 EPS for the current year.
Weyerhaeuser Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 5th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Friday, June 5th. Weyerhaeuser’s dividend payout ratio is 155.56%.
Key Weyerhaeuser News
Here are the key news stories impacting Weyerhaeuser this week:
- Positive Sentiment: Weyerhaeuser reported adjusted earnings of $0.13 per share, above consensus estimates of approximately $0.08, while revenue of $1.87 billion also topped expectations. Earnings increased from $0.12 per share in the year-ago quarter despite lower revenue. Weyerhaeuser Q2 Earnings and Sales Top Estimates
- Positive Sentiment: The Wood Products segment was the key earnings driver: adjusted EBITDA rose to $129 million from $71 million in the prior quarter as lumber and oriented strand board pricing and volumes improved. Management also cited firmer western log markets and higher lumber prices. Weyerhaeuser Profit Rises as Lumber and Western Log Prices Increase
- Positive Sentiment: Operating cash flow jumped to approximately $399 million from $52 million in the first quarter. Weyerhaeuser also raised its 2026 Strategic Land Solutions adjusted EBITDA outlook to about $450 million and completed a $114 million sale of non-core Oregon timberlands. Weyerhaeuser Rallies After Q2 Earnings Beat
- Neutral Sentiment: Analysts’ recent price targets remain above the current trading range, with a reported median target of $30.50, although the targets predate the latest earnings release.
- Negative Sentiment: Adjusted EBITDA was down year over year, revenue declined 8.3%, and Timberlands and Strategic Land Solutions delivered weaker results than Wood Products. Third-quarter guidance was mixed, reflecting continued macroeconomic and housing-market uncertainty. Weyerhaeuser Q2 Guidance
Weyerhaeuser Profile
Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.
Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.
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