JPMorgan Chase & Co. Reaffirms Overweight Rating for WBI (NYSE:WBI)

Posted by on Aug 18th, 2026

WBI (NYSE:WBI – Get Free Report)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $38.00 target price on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 19.65% from the stock’s current price.

A number of other equities research analysts have also commented on WBI. Wall Street Zen lowered WBI from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings upgraded WBI from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday. Morgan Stanley lifted their price objective on WBI from $38.00 to $43.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group upped their target price on WBI from $36.00 to $41.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Finally, Wells Fargo & Company increased their target price on shares of WBI from $26.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, WBI currently has an average rating of “Moderate Buy” and an average price target of $36.00.

Check Out Our Latest Research Report on WBI

WBI Price Performance

Shares of NYSE:WBI opened at $31.76 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.54 and a current ratio of 1.54. WBI has a 52 week low of $18.64 and a 52 week high of $36.89. The firm has a market cap of $3.92 billion and a PE ratio of 397.00. The firm’s fifty day moving average is $32.63 and its 200-day moving average is $28.77.

WBI (NYSE:WBI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $217.77 million during the quarter. WBI had a return on equity of 0.85% and a net margin of 0.54%. Sell-side analysts predict that WBI will post 0.46 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Waterbridge Resources Llc sold 5,894,826 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $30.05, for a total transaction of $177,139,521.30. Following the sale, the insider owned 1,980,921 shares in the company, valued at $59,526,676.05. This represents a 74.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Energy Corp/De Devon sold 1,755,174 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $30.05, for a total value of $52,742,978.70. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 19,439,652 shares of company stock valued at $584,161,543. Insiders own 50.61% of the company’s stock.

About WBI

(Get Free Report)

WaterBridge Infrastructure LLC is an integrated, pure-play water infrastructure company. WaterBridge Infrastructure LLC is based in HOUSTON.

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Analyst Recommendations for WBI (NYSE:WBI)

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