River Road Asset Management LLC Has $84.34 Million Stock Holdings in WillScot Holdings Corporation $WSC

River Road Asset Management LLC lifted its holdings in shares of WillScot Holdings Corporation (NASDAQ:WSC) by 75.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,873,521 shares of the company’s stock after acquiring an additional 1,237,097 shares during the period. WillScot makes up about 1.1% of River Road Asset Management LLC’s investment portfolio, making the stock its 29th biggest position. River Road Asset Management LLC owned 1.58% of WillScot worth $84,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in WillScot during the second quarter worth about $125,126,000. Quadrature Capital Ltd bought a new stake in shares of WillScot in the 2nd quarter valued at approximately $734,000. Hsbc Holdings PLC raised its holdings in shares of WillScot by 48.8% in the 2nd quarter. Hsbc Holdings PLC now owns 11,676 shares of the company’s stock worth $320,000 after buying an additional 3,827 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of WillScot by 41.2% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 626,234 shares of the company’s stock worth $17,159,000 after buying an additional 182,670 shares during the period. Finally, State Board of Administration of Florida Retirement System lifted its position in shares of WillScot by 0.8% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 131,279 shares of the company’s stock worth $3,597,000 after buying an additional 1,090 shares during the period. Institutional investors own 95.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group set a $35.00 price target on WillScot in a research report on Tuesday, September 30th. Robert W. Baird set a $22.00 target price on shares of WillScot and gave the company an “outperform” rating in a research note on Friday, November 21st. Citigroup started coverage on shares of WillScot in a research report on Monday, October 20th. They set a “buy” rating and a $28.00 target price for the company. Weiss Ratings restated a “sell (d+)” rating on shares of WillScot in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of WillScot from a “hold” rating to a “sell” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.13.

WillScot Stock Down 2.2%

Shares of NASDAQ WSC opened at $19.75 on Monday. WillScot Holdings Corporation has a 12-month low of $14.91 and a 12-month high of $39.81. The firm’s 50-day simple moving average is $20.41 and its 200 day simple moving average is $24.53. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 3.39. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 16.32, a price-to-earnings-growth ratio of 1.77 and a beta of 1.12.

WillScot (NASDAQ:WSC) last announced its earnings results on Thursday, November 6th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. WillScot had a net margin of 9.64% and a return on equity of 23.09%. The company had revenue of $566.84 million during the quarter, compared to the consensus estimate of $583.52 million. During the same period in the previous year, the firm posted $0.38 earnings per share. The company’s revenue was down 5.8% on a year-over-year basis. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that WillScot Holdings Corporation will post 1.77 earnings per share for the current fiscal year.

WillScot Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, December 3rd. WillScot’s payout ratio is 23.14%.

WillScot Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.