West Fraser Timber Co. Ltd. $WFG Shares Sold by Pictet Asset Management Holding SA

Posted by Geri Gentry on Nov 11th, 2026

Pictet Asset Management Holding SA decreased its holdings in West Fraser Timber Co. Ltd. (NYSE:WFG – Free Report) by 6.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 747,197 shares of the company’s stock after selling 55,042 shares during the quarter. Pictet Asset Management Holding SA’s holdings in West Fraser Timber were worth $51,929,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WFG. Donald Smith & CO. Inc. acquired a new stake in shares of West Fraser Timber in the 2nd quarter worth approximately $110,334,000. Manning & Napier Advisors LLC purchased a new position in West Fraser Timber in the 2nd quarter valued at approximately $86,416,000. Atlas FRM LLC purchased a new position in West Fraser Timber in the 2nd quarter valued at approximately $50,090,600. Van ECK Associates Corp increased its stake in West Fraser Timber by 171.7% in the 2nd quarter. Van ECK Associates Corp now owns 736,913 shares of the company’s stock valued at $49,836,000 after purchasing an additional 465,694 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in West Fraser Timber by 10.3% during the first quarter. Royal Bank of Canada now owns 3,450,867 shares of the company’s stock worth $225,306,000 after purchasing an additional 321,102 shares during the last quarter. Hedge funds and other institutional investors own 40.23% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on WFG. Zacks Research upgraded West Fraser Timber from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of West Fraser Timber in a report on Friday, July 31st. Raymond James Financial dropped their price target on West Fraser Timber from $85.00 to $80.00 and set an “outperform” rating for the company in a research report on Thursday, October 29th. TD Securities reaffirmed a “buy” rating on shares of West Fraser Timber in a research note on Friday, July 31st. Finally, Royal Bank Of Canada decreased their price objective on shares of West Fraser Timber from $83.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $83.80.

Read Our Latest Report on WFG

West Fraser Timber Stock Down 1.2%

Shares of NYSE WFG opened at $67.30 on Wednesday. West Fraser Timber Co. Ltd. has a 12-month low of $57.83 and a 12-month high of $76.99. The company has a market capitalization of $5.27 billion, a PE ratio of -4.86 and a beta of 1.12. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.29 and a quick ratio of 1.07. The firm’s 50-day moving average is $68.18 and its two-hundred day moving average is $67.26.

West Fraser Timber (NYSE:WFG – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported ($1.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.84) by ($0.19). West Fraser Timber had a negative return on equity of 9.19% and a negative net margin of 20.39%. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Equities analysts anticipate that West Fraser Timber Co. Ltd. will post -4.77 EPS for the current fiscal year.

West Fraser Timber Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 19th. Investors of record on Tuesday, September 29th were paid a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.28 dividend on an annualized basis and a yield of 1.9%. West Fraser Timber’s dividend payout ratio is presently -9.25%.

West Fraser Timber Profile

(Free Report)

West Fraser Timber Co. Ltd. is an integrated forest products company headquartered in Vancouver, British Columbia. Founded in 1955 as a sawmill in Quesnel, the company has grown into a producer of wood-based building materials and other forest products. Its products include lumber, oriented strand board (OSB), plywood, medium-density fibreboard, laminated veneer lumber, pulp, paper and related products. West Fraser also uses wood residuals to produce items such as wood chips and renewable energy.