112,603 Shares in Stagwell Inc. $STGW Bought by Squarepoint Ops LLC

Squarepoint Ops LLC acquired a new stake in shares of Stagwell Inc. (NASDAQ:STGW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 112,603 shares of the company’s stock, valued at approximately $507,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Parkside Financial Bank & Trust boosted its stake in shares of Stagwell by 43.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 9,981 shares of the company’s stock worth $45,000 after purchasing an additional 3,003 shares during the period. Tower Research Capital LLC TRC lifted its stake in Stagwell by 311.8% in the second quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock worth $49,000 after purchasing an additional 8,170 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Stagwell by 51.6% during the second quarter. Ameritas Investment Partners Inc. now owns 11,790 shares of the company’s stock valued at $53,000 after buying an additional 4,013 shares during the period. Vident Advisory LLC bought a new position in shares of Stagwell during the first quarter valued at approximately $64,000. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Stagwell in the second quarter worth approximately $69,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on STGW. Needham & Company LLC boosted their price objective on Stagwell from $6.36 to $7.25 and gave the company a “buy” rating in a report on Friday, November 7th. Seaport Res Ptn upgraded shares of Stagwell to a “strong-buy” rating in a report on Friday, November 14th. Zacks Research raised shares of Stagwell from a “strong sell” rating to a “hold” rating in a research note on Monday, September 1st. Rosenblatt Securities reissued a “buy” rating and issued a $9.00 price objective on shares of Stagwell in a research report on Monday, December 1st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Stagwell in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $8.15.

Stagwell Stock Up 1.9%

Shares of Stagwell stock opened at $5.09 on Thursday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 84.90 and a beta of 1.66. The firm’s 50-day moving average is $5.21 and its two-hundred day moving average is $5.18. Stagwell Inc. has a 1 year low of $4.03 and a 1 year high of $7.48.

Stagwell (NASDAQ:STGW) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.23 by $0.01. Stagwell had a net margin of 0.68% and a return on equity of 15.31%. The business had revenue of $743.00 million during the quarter, compared to analyst estimates of $743.11 million. During the same quarter in the previous year, the business posted $0.22 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Stagwell has set its FY 2025 guidance at 0.750-0.880 EPS. As a group, research analysts expect that Stagwell Inc. will post 0.59 earnings per share for the current fiscal year.

About Stagwell

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.