TimesSquare Capital Management LLC Sells 9,369 Shares of Cactus, Inc. $WHD

Posted by Stanley Muller on May 20th, 2026

TimesSquare Capital Management LLC decreased its stake in Cactus, Inc. (NYSE:WHD – Free Report) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 250,349 shares of the company’s stock after selling 9,369 shares during the period. TimesSquare Capital Management LLC’s holdings in Cactus were worth $11,436,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in WHD. Wellington Management Group LLP raised its position in shares of 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 period. State Street Corp raised its position in shares of Cactus by 0.7% in the second quarter. State Street Corp now owns 2,774,526 shares of the company’s stock valued at $121,302,000 after purchasing an additional 18,104 shares during the period. Capital International Investors raised its position in shares of Cactus by 2.9% in the third quarter. Capital International Investors now owns 1,845,521 shares of the company’s stock valued at $72,843,000 after purchasing an additional 52,139 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Cactus by 7.7% in the third quarter. Dimensional Fund Advisors LP now owns 1,717,598 shares of the company’s stock valued at $67,797,000 after purchasing an additional 123,459 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Cactus by 16.1% in the third quarter. First Trust Advisors LP now owns 1,566,884 shares of the company’s stock valued at $61,845,000 after purchasing an additional 217,016 shares during the period. Institutional investors own 85.11% of the company’s stock.

Cactus Stock Performance

Cactus stock opened at $60.87 on Wednesday. The firm’s 50 day simple moving average is $51.97 and its 200 day simple moving average is $50.18. The company has a current ratio of 2.61, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $4.88 billion, a PE ratio of 57.43, a price-to-earnings-growth ratio of 2.30 and a beta of 1.37. Cactus, Inc. has a 1-year low of $33.20 and a 1-year high of $61.51.

Cactus (NYSE:WHD – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.05. The business had revenue of $388.35 million for the quarter, compared to analyst estimates of $380.42 million. Cactus had a net margin of 6.17% and a return on equity of 15.43%. Cactus’s revenue was up 38.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 EPS. As a group, analysts expect that Cactus, Inc. will post 2.84 earnings per share for the current fiscal year.

Cactus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 1st will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, June 1st. Cactus’s dividend payout ratio is 52.83%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Citigroup boosted their price target on shares of Cactus from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Piper Sandler boosted their price target on shares of Cactus from $69.00 to $72.00 and gave the company an “overweight” rating in a research report on Monday. Barclays boosted their price target on shares of Cactus from $62.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Zacks Research lowered shares of Cactus from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a research report on Friday, March 27th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $57.83.

Read Our Latest Research Report on Cactus

Insider Buying and Selling

In related news, Director Alan Semple sold 10,206 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $56.62, for a total transaction of $577,863.72. Following the sale, the director owned 29,444 shares of the company’s stock, valued at approximately $1,667,119.28. This represents a 25.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Joel Bender sold 106,809 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $49.92, for a total transaction of $5,331,905.28. Following the sale, the president directly owned 27,793 shares in the company, valued at $1,387,426.56. This trade represents a 79.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 222,206 shares of company stock valued at $11,295,784. Company insiders own 12.91% of the company’s stock.

Cactus Company Profile

(Free Report)

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.